Funding you earn now, next payment 12:00 UTC+0.1159%/8h= +126.9% APRnext payment +$5.79 per $10,000 · paid last 24h +0.277%
Price spread now: Gate against OKX+0.193%7-day average +0.085% · you sell dearer than you buy
Net, funding: paid 7d − costs−$50as in the Funding arb table
Net, price: spread back to 7d avg − costs−$79as in the Price arb table
costs, in and out, $10k−$900.899% of the position
Funding, last 7 days+0.404%+$40 on $10k
+Price spread, last 7 days−0.105%−$11 · spread now +0.193%, 7d avg +0.085%
=Both sides work for this trade now. Funding pays +$35 a day on $10k at the current rate, and Gate is 0.108% dearer against OKX than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of +0.085%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.404% in total (about 21.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$5.79 per $10,000. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX MUBARAK-USDT-SWAP | 0.06060 | 0.0969 | pay 0.0485% / 4h | 2h 05m | $5.3M | $154.3M | 20x |
| Short | Gate MUBARAK_USDT | 0.06072 | 0.2128 | get 0.1064% / 4h | 2h 05m | $10.5M | $15.5M | 50x |
OKX MUBARAK-USDT-SWAP
Gate MUBARAK_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against OKX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $243.39
- Price spread: +0.193% → +0.085%
- $10.83
- Slippage, 4 orders
- −$64.91
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- $164.31
- Costs to cover
- 0.899%
- Break-even
- 2.3 days
Slippage from OKX: live order book, 1 min ago; Gate: live order book, 1 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy OKX live order book, 1 min ago | 2.08 bp | 13.5 bp −$14 | 67.0 bp −$670 | doesn't fit | doesn't fit |
| Sell Gate live order book, 1 min ago | 4.98 bp | 36.0 bp −$36 | 225.1 bp −$2,251 | doesn't fit | doesn't fit |
MUBARAK on 11 exchanges
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_MUBARAKUSD | −0.1856% | 1h | 0.06013 | −0.788% | $92K | $901K | 10x | as long as short |
| KuCoin MUBARAKUSDTM | +0.0416% | 4h | 0.06039 | −0.351% | $3.6M | $4.3M | 30x | as long as short |
| Aster MUBARAKUSDT | +0.0542% | 4h | 0.06061 | +0.018% | $50K | $1.1M | 5x | as long as short |
| Binance MUBARAKUSDT | +0.0543% | 4h | 0.06057 | −0.055% | $28.7M | $272.8M | 25x | as long as short |
| MEXC MUBARAK_USDT | +0.0548% | 4h | 0.06060 | −0.005% | $2.2M | $3.5M | 50x | as long as short |
| Bitget MUBARAKUSDT | +0.0648% | 4h | 0.06040 | −0.335% | $4.2M | $25.0M | 25x | as long as short |
| OKX MUBARAK-USDT-SWAPlong | +0.0969% | 4h | 0.06060 | long leg | $5.3M | $154.3M | 20x | |
| BingX MUBARAK-USDT | +0.1230% | 4h | 0.06040 | −0.335% | — | $5.3M | — | as long as short |
| Bybit MUBARAKUSDT | +0.1300% | 4h | 0.06059 | −0.026% | $6.2M | $39.6M | 25x | as long as short |
| Variational Omni MUBARAK | +0.1629% | 4h | 0.05981 | −1.312% | $15K | $87K | — | as long as short |
Kraken Futures PF_MUBARAKUSD
KuCoin MUBARAKUSDTM
Aster MUBARAKUSDT
Binance MUBARAKUSDT
MEXC MUBARAK_USDT
Bitget MUBARAKUSDT
BingX MUBARAK-USDT
Bybit MUBARAKUSDT
Variational Omni MUBARAKShow all 11 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate MUBARAK_USDTshort | +0.2128% | 4h | 0.06072 | +0.193% | $10.5M | $15.5M | 50x |