Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.007%
Price spread now: Gate against OKX−0.033%7-day average −0.007% · you buy dearer than you sell
Net, funding: paid 7d − costs−$301as in the Funding arb table
Net, price: spread back to 7d avg − costs−$316as in the Price arb table
costs, in and out, $10k−$3143.135% of the position
Funding, last 7 days+0.122%+$12 on $10k
+Price spread, last 4 days (all we have)+0.041%+$4 · spread now −0.033%, 7d avg −0.007%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.026% cheaper against OKX than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.007%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX APP-USDT-SWAP | 330.21 | 0 | get 0.0000% / 8h | 7h 25m | $418K | $373K | 25x |
| Short | Gate APP_USDT | 330.10 | 0 | get 0.0000% / 8h | 7h 25m | $783K | $691K | 25x |
OKX APP-USDT-SWAP
Gate APP_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
- $0
- Price spread: −0.033% → −0.007%
- −$2.6
- Slippage, 4 orders
- −$288.53
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$316.13
- Costs to cover
- 3.135%
- Break-even
- never at this rate
Slippage from OKX: live order book, 45 min ago; Gate: live order book, 46 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, 45 min ago | 6.07 bp | 37.7 bp −$38 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 46 min ago | 7.59 bp | 121.0 bp −$121 | doesn't fit | doesn't fit | doesn't fit |
APP on 6 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance APPUSDT | 0.0000% | 8h | 330.40 | +0.058% | $3.0M | $3.9M | 25x | as long as short |
| OKX APP-USDT-SWAPlong | 0.0000% | 8h | 330.21 | long leg | $418K | $373K | 25x | |
| Gate APP_USDTshort | 0.0000% | 8h | 330.10 | −0.033% | $783K | $691K | 25x | |
| Bitget APPUSDT | 0.0000% | 8h | 330.33 | +0.036% | $565K | $563K | 20x | as long as short |
| HTX APP-USDT | 0.0000% | 8h | 330.55 | +0.103% | $9K | $235K | 10x | as long as short |
| Extended APP_24_5-USD | +0.0040% | 1h | 330.82 | +0.186% | $23K | $6K | 10x | as long as short |
Binance APPUSDT
Bitget APPUSDT
HTX APP-USDT
Extended APP_24_5-USD