Funding you earn now, next payment 04:00 UTC−0.0715%/8h= −78.3% APRnext payment −$3.58 per $10,000 · paid last 24h −0.133%
Price spread now: OKX against Binance−0.050%7-day average −0.216% · you buy dearer than you sell
Net, funding: paid 7d − costs−$209as in the Funding arb table
Net, price: spread back to 7d avg − costs−$165as in the Price arb table
costs, in and out, $10k−$1821.820% of the position
Funding, last 7 days−0.267%−$27 on $10k
+Price spread, last 4 days (all we have)−0.181%−$18 · spread now −0.050%, 7d avg −0.216%
=The price spread pays, funding is against you. OKX is 0.166% dearer against Binance than usual: you sell high and buy low (spread −0.050% now, against its 7-day average of −0.216%): +$17 on $10k if it goes back. Holding the pair costs −$21 a day in funding at the current rate, which eats that in about 19 hours. At the pace of the last 7 days (−0.267% in total) that is about 4.3 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.267% in total (about -13.9% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.58 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ACUUSDT | 0.1204 | 0.0815 | pay 0.0408% / 4h | 1h 38m | $2.5M | $1.4M | 10x |
| Short | OKX ACU-USDT-SWAP | 0.1204 | 0.0100 | get 0.0050% / 4h | 1h 38m | $219K | $263K | 10x |
Funding 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
- −$150.16
- Price spread: −0.050% → −0.216%
- $16.57
- Slippage, 4 orders
- −$162.04
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$315.63
- Costs to cover
- 1.820%
- Break-even
- never at this rate
Slippage from Binance: live order book, 12 min ago; OKX: live order book, 22 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, 12 min ago | 2.49 bp | 39.9 bp −$40 | 194.2 bp −$1,942 | doesn't fit | doesn't fit |
| Sell OKX live order book, 22 min ago | 5.81 bp | 54.1 bp −$54 | doesn't fit | doesn't fit | doesn't fit |
ACU 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit ACUUSDT | +0.0100% | 4h | 0.1204 | +0.008% | $826K | $594K | 13x | as long as short |
| OKX ACU-USDT-SWAPshort | +0.0100% | 4h | 0.1204 | −0.050% | $219K | $263K | 10x | |
| Gate ACU_USDT | +0.0100% | 4h | 0.1205 | +0.017% | $171K | $16K | 10x | as long as short |
| KuCoin ACUUSDTM | +0.0100% | 4h | 0.1201 | −0.316% | $555K | $32K | 10x | as long as short |
| SunX ACU-USDT | +0.0100% | 4h | 0.1202 | −0.183% | $1K | $1.2M | 20x | as long as short |
| Bitget ACUUSDT | +0.0300% | 4h | 0.1206 | +0.149% | $235K | $228K | 10x | as long as short |
| Aster ACUUSDT | +0.0603% | 4h | 0.1203 | −0.099% | $2K | $4K | 5x | as long as short |
| Binance ACUUSDTlong | +0.0815% | 4h | 0.1204 | long leg | $2.5M | $1.4M | 10x | |
| BingX ACU-USDT | +0.0816% | 4h | 0.1205 | +0.017% | — | $1.3M | — | as long as short |
| MEXC ACU_USDT | +0.0824% | 4h | 0.1205 | +0.017% | $13.8M | $346K | 50x | as long as short |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin ACU-USDT | +0.0884% | 4h | 0.1204 | −0.058% | $117K | $59K | 10x | as long as short |
Binance ACUUSDT
OKX ACU-USDT-SWAP
Bybit ACUUSDT
Gate ACU_USDT
KuCoin ACUUSDTM
SunX ACU-USDT
Bitget ACUUSDT
Aster ACUUSDT
BingX ACU-USDT
MEXC ACU_USDT
BloFin ACU-USDT