Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: OKX against Binance−0.014%7-day average +0.041% · you buy dearer than you sell
Net, funding: paid 7d − costs−$124as in the Funding arb table
Net, price: spread back to 7d avg − costs−$133as in the Price arb table
costs, in and out, $10k−$1271.272% of the position
Funding, last 7 days+0.031%+$3 on $10k
+Price spread, last 7 days+0.067%+$7 · spread now −0.014%, 7d avg +0.041%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.055% cheaper against Binance than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.041%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance AUSDT | 0.09366 | 0.0100 | pay 0.0050% / 4h | 3h 18m | $2.9M | $3.2M | 75x |
| Short | OKX A-USDT-SWAP | 0.09365 | 0.0100 | get 0.0050% / 4h | 3h 18m | $731K | $522K | 10x |
Binance AUSDT
OKX A-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against Binance. 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: −0.014% → +0.041%
- −$5.47
- Slippage, 4 orders
- −$107.18
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$132.65
- Costs to cover
- 1.272%
- Break-even
- never at this rate
Slippage from Binance: live order book, 3 min ago; OKX: live order book, 53 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 Binance live order book, 3 min ago | 2.13 bp | 31.2 bp −$31 | 130.1 bp −$1,301 | doesn't fit | doesn't fit |
| Sell OKX live order book, 53 min ago | 4.86 bp | 39.3 bp −$39 | doesn't fit | doesn't fit | doesn't fit |
A on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective A/USDC PERP | +0.0033% | 1h | 0.08945 | −4.498% | $1K | $5 | 5.5x | as long as short |
| Binance AUSDTlong | +0.0100% | 4h | 0.09366 | long leg | $2.9M | $3.2M | 75x | |
| Bybit AUSDT | +0.0100% | 4h | 0.09361 | −0.057% | $3.2M | $973K | 50x | as long as short |
| OKX A-USDT-SWAPshort | +0.0100% | 4h | 0.09365 | −0.014% | $731K | $522K | 10x | |
| Gate A_USDT | +0.0100% | 4h | 0.09365 | −0.014% | $221K | $67K | 50x | as long as short |
| MEXC A_USDT | +0.0100% | 4h | 0.09369 | +0.029% | $4.1M | $142K | 100x | as long as short |
| KuCoin AUSDTM | +0.0100% | 4h | 0.09370 | +0.039% | $686K | $53K | 75x | as long as short |
| Bitget AUSDT | +0.0100% | 4h | 0.09373 | +0.071% | $924K | $244K | 75x | as long as short |
| BingX A-USDT | +0.0100% | 4h | 0.09370 | +0.039% | — | $6.5M | — | as long as short |
| Variational Omni A | +0.0100% | 4h | 0.09370 | +0.039% | $1K | $1 | — | as long as short |
Injective A/USDC PERP
Bybit AUSDT
Gate A_USDT
MEXC A_USDT
KuCoin AUSDTM
Bitget AUSDT
BingX A-USDT
Variational Omni AShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin A-USDT | +0.0158% | 4h | 0.09393 | +0.285% | $150K | $8K | 75x | as long as short |
BloFin A-USDT