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: BingX against OKX+0.025%7-day average +0.157% · you sell dearer than you buy
Net, funding: paid 7d − costs−$193as in the Funding arb table
Net, price: spread back to 7d avg − costs−$237as 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)+0.040%+$4 · spread now +0.025%, 7d avg +0.157%
=Funding pays, the price is against you. BingX is 0.132% cheaper against OKX than usual: you would sell low and buy high (spread +0.025% now, against its 7-day average of +0.157%). If the spread goes back, that is −$13 on $10k: about 13 hours of funding at the current rate (+$24 a day). At the pace of the last 7 days (+0.311% in total) that is about 3.0 days.
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 | OKX ACU-USDT-SWAP | 0.1219 | 0.0100 | pay 0.0050% / 4h | 2h 19m | $224K | $314K | 10x |
| Short | BingX ACU-USDT | 0.1219 | 0.0916 | get 0.0458% / 4h | 2h 19m | — | $1.3M | — |
OKX ACU-USDT-SWAP
BingX ACU-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against OKX. 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: +0.025% → +0.157%
- −$13.2
- Slippage, 4 orders
- −$203.63
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$65.47
- Costs to cover
- 2.236%
- Break-even
- 9.7 days
Slippage from OKX: live order book, 26 min ago; BingX: live order book, 9 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 OKX live order book, 26 min ago | 8.98 bp | 68.6 bp −$69 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 9 min ago | 6.97 bp | 46.8 bp −$47 | 138.3 bp −$1,383 | 942.5 bp −$94.3K | 1268.0 bp −$634.0K |
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 | 0.1218 | −0.049% | $855K | $707K | 13x | as long as short |
| OKX ACU-USDT-SWAPlong | +0.0100% | 4h | 0.1219 | long leg | $224K | $314K | 10x | |
| Gate ACU_USDT | +0.0100% | 4h | 0.1216 | −0.262% | $173K | $19K | 10x | as long as short |
| KuCoin ACUUSDTM | +0.0100% | 4h | 0.1216 | −0.254% | $562K | $32K | 10x | as long as short |
| Bitget ACUUSDT | +0.0100% | 4h | 0.1222 | +0.246% | $238K | $255K | 10x | as long as short |
| SunX ACU-USDT | +0.0100% | 4h | 0.1217 | −0.148% | $2K | $1.5M | 20x | as long as short |
| Aster ACUUSDT | +0.0779% | 4h | 0.1220 | +0.046% | $2K | $5K | 5x | as long as short |
| BingX ACU-USDTshort | +0.0916% | 4h | 0.1219 | +0.025% | — | $1.3M | — | |
| BloFin ACU-USDT | +0.0960% | 4h | 0.1219 | −0.008% | $118K | $60K | 10x | as long as short |
| MEXC ACU_USDT | +0.0980% | 4h | 0.1220 | +0.082% | $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 | +0.0993% | 4h | 0.1220 | +0.066% | $2.6M | $1.8M | 10x | as long as short |
Binance ACUUSDT