Funding you earn now, next payment 21:00 UTC−0.0040%/8h= −4.4% APRpaid last 24h −0.114%
Price spread now: OKX against Arcus+0.136%47s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. OKX is 0.136% dearer against Arcus than usual: you sell high and buy low (spread +0.136% now, against zero (this spread has no 7-day history yet)): +$14 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 11 days. The two prices were read 47 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Arcus BOT-USD | 29.380 | 0.0040 | pay 0.0005% / 1h | 31m 58s | $633 | $5K | 5x |
| Short | OKX BOT-USDT-SWAP | 29.420 | 0 | get 0.0000% / 8h | 3h 31m | $237K | $221K | 20x |
Arcus BOT-USD
OKX BOT-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against Arcus. 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
- −$8.46
- Price spread: +0.136% → 0.000%
- $13.61
- Slippage, 4 orders
- no order book: not counted
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$9.34
- Costs to cover
- 0.145%
- Break-even
- never at this rate
Slippage unknown: Arcus: no order-book sample; OKX: live order book, 13 min ago. Net counts fees only.
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 Arcus no order-book sample | — | — | — | — | — |
| Sell OKX live order book, 13 min ago | 5.10 bp | 91.5 bp −$91 | doesn't fit | doesn't fit | doesn't fit |
Arcus: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
BOT on 12 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 BOTUSDT | 0.0000% | 8h | 29.401 | +0.072% | $455K | $1.2M | 10x | as long as short |
| Bybit BOTUSDT | 0.0000% | 8h | 29.420 | +0.136% | $508K | $311K | 25x | as long as short |
| OKX BOT-USDT-SWAPshort | 0.0000% | 8h | 29.420 | +0.136% | $237K | $221K | 20x | |
| Gate BOT_USDT | 0.0000% | 8h | 29.420 | +0.136% | $250K | $248K | 20x | as long as short |
| Bitget BOTUSDT | 0.0000% | 8h | 29.460 | +0.272% | $252K | $149K | 5x | as long as short |
| Variational Omni BOT | 0.0000% | 8h | 29.395 | +0.053% | $31K | $19K | — | as long as short |
| Lighter BOT | +0.0032% | 1h | 29.481 | +0.344% | $68K | $14K | 3x | as long as short |
| Arcus BOT-USDlong | +0.0040% | 1h | 29.380 | long leg | $633 | $5K | 5x | |
| QFEX BOT-USD | +0.0050% | 1h | 29.420 | +0.136% | $1.2M | $473K | 10x | as long as short |
| KuCoin BOTUSDTM | +0.0100% | 8h | 29.410 | +0.102% | $97K | $341K | 20x | as long as short |
Binance BOTUSDT
Bybit BOTUSDT
Gate BOT_USDT
Bitget BOTUSDT
Variational Omni BOT
Lighter BOT
QFEX BOT-USD
KuCoin BOTUSDTMShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX BOT-USDT | +0.0100% | 8h | 29.421 | +0.140% | $3K | $35K | 10x | as long as short |
| tradeXYZ xyz:BOT | +0.1740% | 1h | 29.393 | +0.044% | $3.1M | $828K | 10x | as long as short |
HTX BOT-USDT
tradeXYZ xyz:BOT