Funding you earn now, next payment 08:00 UTC−0.0816%/8h= −89.4% APRnext payment −$4.08 per $10,000 · paid last 24h −0.123%
Price spread now: OKX against BingX−0.279%7-day average −0.157% · you buy dearer than you sell
Net, funding: paid 7d − costs−$255as in the Funding arb table
Net, price: spread back to 7d avg − costs−$236as in the Price arb table
costs, in and out, $10k−$2242.236% of the position
Funding, last 7 days−0.311%−$31 on $10k
+Price spread, last 4 days (all we have)+0.215%+$21 · spread now −0.279%, 7d avg −0.157%
=Both sides work against this trade now: funding costs −$24 a day on $10k at the current rate, and OKX is 0.122% cheaper against BingX than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of −0.157%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.311% in total (about -16.2% a year). A funding rate is set anew for every payment; at this rate the next one is about −$4.08 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 | BingX ACU-USDT | 0.1218 | 0.0916 | pay 0.0458% / 4h | 2h 20m | — | $1.3M | — |
| Short | OKX ACU-USDT-SWAP | 0.1215 | 0.0100 | get 0.0050% / 4h | 2h 20m | $223K | $318K | 10x |
BingX ACU-USDT
OKX ACU-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against BingX. 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
- −$171.36
- Price spread: −0.279% → −0.157%
- −$12.25
- Slippage, 4 orders
- −$203.63
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$407.24
- Costs to cover
- 2.236%
- Break-even
- never at this rate
Slippage from BingX: live order book, 8 min ago; OKX: live order book, 25 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 BingX live order book, 8 min ago | 6.97 bp | 40.6 bp −$41 | 153.2 bp −$1,532 | doesn't fit | doesn't fit |
| Sell OKX live order book, 25 min ago | 8.98 bp | 67.6 bp −$68 | 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 | 0.1217 | −0.066% | $855K | $706K | 13x | as long as short |
| OKX ACU-USDT-SWAPshort | +0.0100% | 4h | 0.1215 | −0.279% | $223K | $318K | 10x | |
| Gate ACU_USDT | +0.0100% | 4h | 0.1215 | −0.304% | $173K | $19K | 10x | as long as short |
| KuCoin ACUUSDTM | +0.0100% | 4h | 0.1211 | −0.575% | $560K | $32K | 10x | as long as short |
| Bitget ACUUSDT | +0.0100% | 4h | 0.1219 | +0.074% | $240K | $268K | 10x | as long as short |
| SunX ACU-USDT | +0.0100% | 4h | 0.1215 | −0.246% | $2K | $1.5M | 20x | as long as short |
| Aster ACUUSDT | +0.0779% | 4h | 0.1219 | +0.043% | $2K | $5K | 5x | as long as short |
| BingX ACU-USDTlong | +0.0916% | 4h | 0.1218 | long leg | — | $1.3M | — | |
| BloFin ACU-USDT | +0.0960% | 4h | 0.1219 | +0.057% | $118K | $60K | 10x | as long as short |
| MEXC ACU_USDT | +0.0970% | 4h | 0.1219 | +0.025% | $13.9M | $345K | 50x | as long as short |
Bybit ACUUSDT
Gate ACU_USDT
KuCoin ACUUSDTM
Bitget ACUUSDT
SunX ACU-USDT
Aster ACUUSDT
BloFin ACU-USDT
MEXC ACU_USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance ACUUSDT | +0.0980% | 4h | 0.1219 | +0.059% | $2.6M | $1.8M | 10x | as long as short |
Binance ACUUSDT