Funding you earn now, next payment 00:00 UTC−0.0140%/8h= −15.3% APRnext payment −$0.70 per $10,000 · paid last 24h −0.111%
Price spread now: OKX against Gate+0.100%7-day average −0.055% · you sell dearer than you buy
Net, funding: paid 7d − costs−$303as in the Funding arb table
Net, price: spread back to 7d avg − costs−$238as in the Price arb table
costs, in and out, $10k−$2542.539% of the position
Funding, last 7 days−0.493%−$49 on $10k
+Price spread, last 4 days (all we have)−0.265%−$26 · spread now +0.100%, 7d avg −0.055%
=The price spread pays, funding is against you. OKX is 0.155% dearer against Gate than usual: you sell high and buy low (spread +0.100% now, against its 7-day average of −0.055%): +$16 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 3.7 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate SPACE_USDT | 0.004986 | 0.0240 | pay 0.0120% / 4h | 1h 28m | $750K | $428K | 20x |
| Short | OKX SPACE-USDT-SWAP | 0.004991 | 0.0100 | get 0.0050% / 4h | 1h 28m | $1.5M | $1.1M | 20x |
Gate SPACE_USDT
OKX SPACE-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against Gate. 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
- −$29.4
- Price spread: +0.100% → −0.055%
- $15.51
- Slippage, 4 orders
- −$228.94
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$267.83
- Costs to cover
- 2.539%
- Break-even
- never at this rate
Slippage from Gate: live order book, 53 min ago; OKX: live order book, 4 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 Gate live order book, 53 min ago | 9.01 bp | 113.3 bp −$113 | 5321.8 bp −$53.2K | doesn't fit | doesn't fit |
| Sell OKX live order book, 4 min ago | 4.01 bp | 39.0 bp −$39 | doesn't fit | doesn't fit | doesn't fit |
SPACE on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin SPACE-USDT | +0.0082% | 4h | 0.005007 | +0.421% | $156K | $8K | 50x | as long as short |
| Binance SPACEUSDT | +0.0100% | 4h | 0.004998 | +0.241% | $1.8M | $1.9M | 50x | as long as short |
| Bybit SPACEUSDT | +0.0100% | 4h | 0.004997 | +0.221% | $766K | $161K | 13x | as long as short |
| OKX SPACE-USDT-SWAPshort | +0.0100% | 4h | 0.004991 | +0.100% | $1.5M | $1.1M | 20x | |
| MEXC SPACE_USDT | +0.0100% | 4h | 0.004998 | +0.241% | $361K | $158K | 20x | as long as short |
| KuCoin SPACEUSDTM | +0.0100% | 4h | 0.004997 | +0.221% | $632K | $101K | 20x | as long as short |
| Bitget SPACEUSDT | +0.0100% | 4h | 0.004999 | +0.261% | $873K | $232K | 20x | as long as short |
| Gate SPACE_USDTlong | +0.0240% | 4h | 0.004986 | long leg | $750K | $428K | 20x | |
| Aster SPACEUSDT | +0.0699% | 4h | 0.004998 | +0.237% | $15K | $30K | 5x | as long as short |
BloFin SPACE-USDT
Binance SPACEUSDT
Bybit SPACEUSDT
MEXC SPACE_USDT
KuCoin SPACEUSDTM
Bitget SPACEUSDT
Aster SPACEUSDT