Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.004365 | +0.0100 | pay 0.0100% / 8h | 7h 58m | $965K | $1.2M | 50x | Long Binance | |
| SHORT | 0.004365 | +0.0008 | get 0.0004% / 4h | 3h 58m | $202K | $231K | 10x | Short OKX |
Price gap0.000%
Funding gap−0.0092% /8h
Funding costs $3 a day on $10k at the current rate. Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$12−0.0092% /8h now · paid −0.125% over the last 7D
Price$0spread 0.000% now, avg −0.003% → +0.003% if it goes back
Costs−$940.941% of $10k · taker + slippage, in and out
Result−$106−1.06%no points
Price and funding
1h · historyEntry / Exit
Price spread
Prices
Fundingper 8h
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now0.000%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hACH on 10 exchanges
lowest funding firstBefore you open
0 ok · 4 to watch- Watch: Thin at this size25.5 / 25.6 bpAt $10k entering OKX costs 25.6 bp, fee and slippage, 1.0× Binance’s.
- Note: Margin at max leverage$200 + $1,000Binance 50x, OKX 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ8h / 4hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: −$2.75Long Binance: 3 payments, −$3.00; short OKX: 6 payments, +$0.25.
- Note: Gap at its usual level0.000% vs −0.003%The price leg adds little either way.
- Watch: Short leg is thinner$202K vs $965K OIOKX sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCBinance Yes · OKX YesVerified KYC to deposit or trade; futures accounts under 30 days old are capped at 20x.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0059%/8h × 21 periods−$12.46
Price spread0.000% → −0.003% (7d avg)+$0.33
Slippage, 4 orderslive order books−$74.10
Fee Binance bp × 2 orders−$10.00
Fee OKX bp × 2 orders−$10.00
Net · 7 days · $10k−$106.23
Costs to cover0.941%Break-evennever at this rate
Slippage: Binance: live order book, 10 min ago; OKX: live order book, 42 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBinance1.1425.5 bp−$25142.0 bp−$1,420doesn’t fitdoesn’t fit
SELL · SHORTOKX3.4625.6 bp−$26doesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.

