Funding you earn now, next payment 00:00 UTC+0.0045%/8h= +4.9% APRnext payment +$0.23 per $10,000 · paid last 24h +0.016%
Price spread now: OKX against Binance+0.135%7-day average +0.058% · you sell dearer than you buy
Net, funding: paid 7d − costs−$142as in the Funding arb table
Net, price: spread back to 7d avg − costs−$126as in the Price arb table
costs, in and out, $10k−$1341.341% of the position
Funding, last 7 days−0.080%−$8 on $10k
+Price spread, last 4 days (all we have)−0.078%−$8 · spread now +0.135%, 7d avg +0.058%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and OKX is 0.077% dearer against Binance than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of +0.058%. Mind the row above: over the last 7 days funding on this pair cost −0.080%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ACTUSDT | 0.01109 | 0.0100 | pay 0.0050% / 4h | 8m 47s | $2.1M | $2.3M | 10x |
| Short | OKX ACT-USDT-SWAP | 0.01111 | 0.0145 | get 0.0073% / 4h | 8m 47s | $803K | $1.4M | 10x |
Binance ACTUSDT
OKX ACT-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
- $9.45
- Price spread: +0.135% → +0.058%
- $7.71
- Slippage, 4 orders
- −$114.06
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$116.89
- Costs to cover
- 1.341%
- Break-even
- 93.6 days
Slippage from Binance: live order book, 11 min ago; OKX: live order book, 3 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, 11 min ago | 2.26 bp | 23.8 bp −$24 | 271.6 bp −$2,716 | doesn't fit | doesn't fit |
| Sell OKX live order book, 3 min ago | 0.90 bp | 42.2 bp −$42 | doesn't fit | doesn't fit | doesn't fit |
ACT on 7 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 ACTUSDTlong | +0.0100% | 4h | 0.01109 | long leg | $2.1M | $2.3M | 10x | |
| Gate ACT_USDT | +0.0100% | 4h | 0.01108 | −0.117% | $143K | $83K | 25x | as long as short |
| MEXC ACT_USDT | +0.0100% | 4h | 0.01109 | −0.018% | $6.5M | $112K | 20x | as long as short |
| Bitget ACTUSDT | +0.0100% | 4h | 0.01109 | −0.027% | $267K | $86K | 10x | as long as short |
| Bybit ACTUSDT | +0.0102% | 4h | 0.01112 | +0.207% | $596K | $389K | 25x | as long as short |
| OKX ACT-USDT-SWAPshort | +0.0145% | 4h | 0.01111 | +0.135% | $803K | $1.4M | 10x | |
| BingX ACT-USDT | +0.0170% | 4h | 0.01110 | +0.045% | — | $1.3M | — | as long as short |
Gate ACT_USDT
MEXC ACT_USDT
Bitget ACTUSDT
Bybit ACTUSDT
BingX ACT-USDT