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: BingX against OKX−0.137%7-day average −0.012% · you buy dearer than you sell
Net, funding: paid 7d − costs−$127as in the Funding arb table
Net, price: spread back to 7d avg − costs−$154as 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: BingX is 0.125% cheaper against OKX than usual: you would sell low and buy high, −$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 | OKX APR-USDT-SWAP | 0.1464 | 0.0327 | pay 0.0163% / 4h | 26m 46s | $1.3M | $2.5M | 20x |
| Short | BingX APR-USDT | 0.1462 | 0.0327 | get 0.0164% / 4h | 26m 46s | — | $1.4M | — |
Funding 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
- $0.11
- Price spread: −0.137% → −0.012%
- −$12.46
- Slippage, 4 orders
- −$121.2
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$153.55
- Costs to cover
- 1.412%
- Break-even
- 9788.5 days
Slippage from OKX: live order book, 5 min ago; BingX: live order book, 4 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, 5 min ago | 6.81 bp | 40.2 bp −$40 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 4 min ago | 6.80 bp | 37.4 bp −$37 | 120.9 bp −$1,209 | 412.2 bp −$41.2K | 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 | +0.068% | $286K | $110K | 50x | as long as short |
| Binance APRUSDT | +0.0100% | 4h | 0.1463 | −0.046% | $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 | −0.034% | $1K | $1.1M | 20x | as long as short |
| HTX APR-USDT | +0.0100% | 4h | 0.1468 | +0.273% | $19K | $58K | 20x | as long as short |
| Bitget APRUSDT | +0.0104% | 4h | 0.1463 | −0.048% | $3.9M | $961K | 50x | as long as short |
| OKX APR-USDT-SWAPlong | +0.0327% | 4h | 0.1464 | long leg | $1.3M | $2.5M | 20x | |
| BingX APR-USDTshort | +0.0327% | 4h | 0.1462 | −0.137% | — | $1.4M | — | |
| Gate APR_USDT | +0.0400% | 4h | 0.1463 | −0.055% | $699K | $186K | 25x | as long as short |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster APRUSDT | +0.0813% | 4h | 0.1463 | −0.058% | $71K | $80K | 5x | as long as short |
| KuCoin APRUSDTM | +0.0852% | 4h | 0.1464 | +0.020% | $2.3M | $333K | 50x | as long as short |
OKX APR-USDT-SWAP
BingX APR-USDT
BloFin APR-USDT
Binance APRUSDT
Bybit APRUSDT
MEXC APR_USDT
SunX APR-USDT
HTX APR-USDT
Bitget APRUSDT
Gate APR_USDT
Aster APRUSDT
KuCoin APRUSDTM