Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: OKX against Gate+0.040%7-day average +0.057% · you sell dearer than you buy
Net, funding: paid 7d − costs−$503as in the Funding arb table
Net, price: spread back to 7d avg − costs−$468as in the Price arb table
costs, in and out, $10k−$4664.663% of the position
Funding, last 7 days−0.369%−$37 on $10k
+Price spread, last 4 days (all we have)−0.119%−$12 · spread now +0.040%, 7d avg +0.057%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate STABLE_USDT | 0.02475 | 0.0100 | pay 0.0050% / 4h | 2h 22m | $171K | $87K | 50x |
| Short | OKX STABLE-USDT-SWAP | 0.02476 | 0.0100 | get 0.0050% / 4h | 2h 22m | $204K | $418K | 20x |
Gate STABLE_USDT
OKX STABLE-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
- $0
- Price spread: +0.040% → +0.057%
- −$1.71
- Slippage, 4 orders
- −$441.34
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$468.05
- Costs to cover
- 4.663%
- Break-even
- never at this rate
Slippage from Gate: live order book, 61 min ago; OKX: live order book, 63 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, 61 min ago | 6.07 bp | 153.4 bp −$153 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 63 min ago | 6.06 bp | 33.5 bp −$33 | 2647.8 bp −$26.5K | doesn't fit | doesn't fit |
STABLE on 15 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster STABLEUSDT | −0.0274% | 4h | 0.02478 | +0.112% | $19K | $7K | 20x | as long as short |
| Lighter STABLE | +0.0096% | 1h | 0.02491 | +0.659% | $114K | $3K | 3x | as long as short |
| Hyperliquid STABLE | +0.0100% | 1h | 0.02475 | +0.016% | $873K | $235K | 3x | as long as short |
| Binance STABLEUSDT | +0.0100% | 4h | 0.02476 | +0.024% | $2.4M | $2.7M | 75x | as long as short |
| Bybit STABLEUSDT | +0.0100% | 4h | 0.02478 | +0.117% | $1.5M | $817K | 25x | as long as short |
| OKX STABLE-USDT-SWAPshort | +0.0100% | 4h | 0.02476 | +0.040% | $204K | $418K | 20x | |
| Gate STABLE_USDTlong | +0.0100% | 4h | 0.02475 | long leg | $171K | $87K | 50x | |
| MEXC STABLE_USDT | +0.0100% | 4h | 0.02476 | +0.040% | $661K | $158K | 20x | as long as short |
| KuCoin STABLEUSDTM | +0.0100% | 4h | 0.02480 | +0.202% | $175K | $27K | 30x | as long as short |
| Bitget STABLEUSDT | +0.0100% | 4h | 0.02478 | +0.121% | $292K | $116K | 25x | as long as short |
Aster STABLEUSDT
Lighter STABLE
Hyperliquid STABLE
Binance STABLEUSDT
Bybit STABLEUSDT
MEXC STABLE_USDT
KuCoin STABLEUSDTM
Bitget STABLEUSDTShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX STABLE-USDT | +0.0100% | 4h | 0.02476 | +0.040% | — | $6.5M | — | as long as short |
| Variational Omni STABLE | +0.0100% | 4h | 0.02478 | +0.118% | $145K | $51K | — | as long as short |
| SunX STABLE-USDT | +0.0100% | 4h | 0.02478 | +0.113% | $2K | $646K | 20x | as long as short |
| Extended STABLE-USD | +0.0104% | 1h | 0.02475 | +0.015% | $12K | $175K | 10x | as long as short |
| BloFin STABLE-USDT | +0.0154% | 4h | 0.02475 | 0.000% | $114K | $8K | 75x | as long as short |
BingX STABLE-USDT
Variational Omni STABLE
SunX STABLE-USDT
Extended STABLE-USD
BloFin STABLE-USDT