Funding you earn now, next payment 04:00 UTC−0.0001%/8h= −0.1% APRnext payment −$0.00 per $10,000 · paid last 24h −0.030%
Price spread now: OKX against BingX+0.137%7-day average +0.012% · you sell dearer than you buy
Net, funding: paid 7d − costs−$156as in the Funding arb table
Net, price: spread back to 7d avg − costs−$129as in the Price arb table
costs, in and out, $10k−$1411.412% of the position
Funding, last 7 days−0.145%−$15 on $10k
+Price spread, last 7 days−0.102%−$10 · spread now +0.137%, 7d avg +0.012%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.125% dearer against BingX than usual: you sell high and buy low, +$12 on $10k if it goes back to its 7-day average of +0.012%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX APR-USDT | 0.1462 | 0.0327 | pay 0.0164% / 4h | 26m 45s | — | $1.4M | — |
| Short | OKX APR-USDT-SWAP | 0.1464 | 0.0327 | get 0.0163% / 4h | 26m 45s | $1.3M | $2.5M | 20x |
BingX APR-USDT
OKX APR-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
- −$0.11
- Price spread: +0.137% → +0.012%
- $12.48
- Slippage, 4 orders
- −$121.2
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$128.84
- Costs to cover
- 1.412%
- Break-even
- never at this rate
Slippage from BingX: live order book, 4 min ago; OKX: live order book, 5 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, 4 min ago | 6.80 bp | 31.5 bp −$32 | 136.8 bp −$1,368 | doesn't fit | doesn't fit |
| Sell OKX live order book, 5 min ago | 6.81 bp | 32.0 bp −$32 | 356.6 bp −$3,566 | doesn't fit | doesn't fit |
APR on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin APR-USDT | +0.0081% | 4h | 0.1465 | +0.205% | $286K | $110K | 50x | as long as short |
| Binance APRUSDT | +0.0100% | 4h | 0.1463 | +0.090% | $6.7M | $5.1M | 50x | as long as short |
| Bybit APRUSDT | +0.0100% | 4h | 0.1463 | +0.068% | $1.4M | $640K | 20x | as long as short |
| MEXC APR_USDT | +0.0100% | 4h | 0.1463 | +0.068% | $356K | $177K | 50x | as long as short |
| SunX APR-USDT | +0.0100% | 4h | 0.1464 | +0.103% | $1K | $1.1M | 20x | as long as short |
| HTX APR-USDT | +0.0100% | 4h | 0.1468 | +0.410% | $19K | $58K | 20x | as long as short |
| Bitget APRUSDT | +0.0104% | 4h | 0.1463 | +0.089% | $3.9M | $961K | 50x | as long as short |
| OKX APR-USDT-SWAPshort | +0.0327% | 4h | 0.1464 | +0.137% | $1.3M | $2.5M | 20x | |
| BingX APR-USDTlong | +0.0327% | 4h | 0.1462 | long leg | — | $1.4M | — | |
| Gate APR_USDT | +0.0400% | 4h | 0.1463 | +0.082% | $699K | $186K | 25x | as long as short |
BloFin APR-USDT
Binance APRUSDT
Bybit APRUSDT
MEXC APR_USDT
SunX APR-USDT
HTX APR-USDT
Bitget APRUSDT
Gate APR_USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster APRUSDT | +0.0813% | 4h | 0.1463 | +0.079% | $71K | $80K | 5x | as long as short |
| KuCoin APRUSDTM | +0.0852% | 4h | 0.1464 | +0.157% | $2.3M | $333K | 50x | as long as short |
Aster APRUSDT
KuCoin APRUSDTM