Funding you earn now, next payment 05:00 UTC+5.1808%/8h= +5673.0% APRnext payment +$64.76 per $10,000 · paid last 24h +9.586%
Price spread now: Bitget against OKX−22.936%7-day average — · you buy dearer than you sell
Net, funding: paid 7d − costs+$2,348as in the Funding arb table
Net, price: spread back to 7d avg − costs−$2,409as in the Price arb table
costs, in and out, $10k−$1161.156% of the position
Funding, last 7 days+24.638%+$2,464 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding pays, the price is against you. Bitget is 22.936% cheaper against OKX than usual: you would sell low and buy high (spread −22.936% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$2,294 on $10k: about 35 hours of funding at the current rate (+$1,554 a day). At the pace of the last 7 days (+24.638% in total) that is about 6.5 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 24.638% in total (about 1284.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$64.76 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX ONE-USDT-SWAP | 0.005337 | −5.3616 | get 0.6702% / 1h | 1m 20s | $6.4M | $239.2M | 10x |
| Short | Bitget ONEUSDT | 0.004113 | −0.1808 | pay 0.0226% / 1h | 1m 20s | $1.9M | $31.2M | 20x |
OKX ONE-USDT-SWAP
Bitget ONEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- $10,879.7
- Price spread: −22.936% → 0.000%
- −$2,293.57
- Slippage, 4 orders
- −$93.57
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- $8,470.57
- Costs to cover
- 1.156%
- Break-even
- 1.6 days
Slippage from OKX: live order book, 3 min ago; Bitget: live order book, 3 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, 3 min ago | 0.95 bp | 25.8 bp −$26 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 3 min ago | 5.51 bp | 22.4 bp −$22 | doesn't fit | doesn't fit | doesn't fit |
ONE on 10 venues
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 | |
|---|---|---|---|---|---|---|---|---|
| OKX ONE-USDT-SWAPlong | −5.3616% | 1h | 0.005337 | long leg | $6.4M | $239.2M | 10x | |
| Variational Omni ONE | −0.8004% | 1h | 0.004050 | −24.120% | $99K | $51K | — | as long as short |
| KuCoin ONEUSDTM | −0.3280% | 1h | 0.004215 | −21.025% | $3.9M | $12.2M | 30x | as long as short |
| BloFin ONE-USDT | −0.2146% | 1h | 0.004042 | −24.266% | $799K | $2.2M | 50x | as long as short |
| Bitget ONEUSDTshort | −0.1808% | 1h | 0.004113 | −22.936% | $1.9M | $31.2M | 20x | |
| Aster ONEUSDT | −0.1790% | 1h | 0.004068 | −23.780% | $2.1M | $5.8M | 5x | as long as short |
| Binance ONEUSDT | −0.1155% | 1h | 0.004072 | −23.710% | $14.0M | $331.0M | 50x | as long as short |
| MEXC ONE_USDT | −0.1152% | 1h | 0.004073 | −23.678% | $11.3M | $15.2M | 20x | as long as short |
| Gate ONE_USDT | −0.0551% | 8h | 0.004056 | −24.004% | $1.8M | $15.4M | 20x | as long as short |
| BingX ONE-USDT | −0.0104% | 1h | 0.004089 | −23.395% | — | $5.5M | — | as long as short |
Variational Omni ONE
KuCoin ONEUSDTM
BloFin ONE-USDT
Aster ONEUSDT
Binance ONEUSDT
MEXC ONE_USDT
Gate ONE_USDT
BingX ONE-USDT