Funding you earn now, next payment 00:00 UTC+0.0167%/8h= +18.3% APRnext payment +$1.67 per $10,000 · paid last 24h +0.034%
Price spread now: BingX against OKX−0.031%7-day average −0.061% · you buy dearer than you sell
Net, funding: paid 7d − costs−$41as in the Funding arb table
Net, price: spread back to 7d avg − costs−$52as in the Price arb table
costs, in and out, $10k−$550.553% of the position
Funding, last 7 days+0.146%+$15 on $10k
+Price spread, last 7 days−0.012%−$1 · spread now −0.031%, 7d avg −0.061%
=Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and BingX is 0.030% dearer against OKX than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.061%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX ARB-USDT-SWAP | 0.2246 | −0.0099 | get 0.0099% / 8h | 1h 11m | $22.5M | $160.5M | 50x |
| Short | BingX ARB-USDC | 0.2245 | 0.0068 | get 0.0068% / 8h | 1h 11m | — | $6.5M | — |
OKX ARB-USDT-SWAP
BingX ARB-USDCFunding 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
- $35.08
- Price spread: −0.031% → −0.061%
- $2.98
- Slippage, 4 orders
- −$35.31
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$17.25
- Costs to cover
- 0.553%
- Break-even
- 10.4 days
Slippage from OKX: live order book, 2 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, 2 min ago | 0.22 bp | 10.2 bp −$10 | 23.4 bp −$234 | doesn't fit | doesn't fit |
| Sell BingX live order book, 4 min ago | 4.24 bp | 21.5 bp −$22 | 38.2 bp −$382 | 88.7 bp −$8,867 | 643.1 bp −$321.5K |
ARB on 36 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective ARB/USDC PERP | −0.1770% | 1h | 0.2231 | −0.650% | $40K | $372K | 12x | as long as short |
| 01 Exchange ARBUSD | −0.0240% | 1h | 0.2244 | −0.058% | $7K | $2K | 10x | as long as short |
| SoDEX ARB-USD | −0.0206% | 1h | 0.2244 | −0.071% | $4K | $2.7M | 5x | as long as short |
| Variational Omni ARB | −0.0168% | 8h | 0.2236 | −0.411% | $1.9M | $2.7M | — | as long as short |
| Bybit ARBUSDT | −0.0152% | 8h | 0.2245 | −0.031% | $58.0M | $132.5M | 50x | as long as short |
| Deribit ARB_USDC-PERPETUAL | −0.0151% | 1h | 0.2245 | −0.036% | $26K | $32K | 25x | as long as short |
| Polymarket Perps ARB-USD | −0.0132% | 1h | 0.2244 | −0.076% | $73K | $2.0M | 10x | as long as short |
| OKX ARB-USDT-SWAPlong | −0.0099% | 8h | 0.2246 | long leg | $22.5M | $160.5M | 50x | |
| MEXC ARB_USDT | −0.0099% | 8h | 0.2245 | −0.022% | $37.3M | $62.7M | 200x | as long as short |
| Orderly PERP_ARB_USDC | −0.0039% | 8h | 0.2244 | −0.071% | $10K | $395K | 10x | as long as short |
Injective ARB/USDC PERP
01 Exchange ARBUSD
SoDEX ARB-USD
Variational Omni ARB
Bybit ARBUSDT
Deribit ARB_USDC-PERPETUAL
Polymarket Perps ARB-USD
MEXC ARB_USDT
Orderly PERP_ARB_USDCShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance ARBUSDT | −0.0008% | 8h | 0.2246 | +0.032% | $64.4M | $316.0M | 75x | as long as short |
| Extended ARB-USD | −0.0008% | 1h | 0.2244 | −0.051% | $356K | $2.4M | 25x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2245 | −0.036% | $66K | $4K | 10x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0005% | 1h | 0.2245 | −0.046% | $56K | — | 150x | as long as short |
| Gate ARB_USDT | +0.0038% | 8h | 0.2246 | +0.009% | $5.5M | $20.7M | 60x | as long as short |
| Bitget ARBUSDT | +0.0066% | 8h | 0.2246 | +0.018% | $21.2M | $37.1M | 50x | as long as short |
| BingX ARB-USDCshort | +0.0068% | 8h | 0.2245 | −0.031% | — | $6.5M | — | |
| Aevo ARB-PERP | +0.0080% | 1h | 0.2245 | −0.035% | $147K | $12K | 3x | as long as short |
| Kraken Futures PF_ARBUSD | +0.0085% | 1h | 0.2246 | +0.010% | $1.1M | $5.1M | 50x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2246 | 0.000% | $1.3M | $7.4M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2247 | +0.045% | $40.1M | $50.7M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2245 | −0.025% | $697K | $1.6M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2244 | −0.053% | $44K | $193K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2246 | 0.000% | $20.7M | $16.4M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2238 | −0.322% | $40K | $463K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2239 | −0.272% | $486K | $3.8M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2240 | −0.249% | $121K | $295K | 50x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2245 | −0.027% | $1K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2244 | −0.067% | $277K | $1.1M | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2244 | −0.071% | $5.2M | $13.3M | 50x | as long as short |
| BloFin ARB-USDT | +0.0112% | 8h | 0.2241 | −0.183% | $3.0M | $3.3M | 75x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0264% | 1h | 0.2246 | +0.018% | $507K | $2.3M | 50x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0274% / S −0.0156% | 1h | 0.2244 | −0.056% | $842K | — | 150x | as long as short |
| Reya ARBRUSDPERP | +0.0290% | 1h | 0.2242 | −0.140% | $2K | $695 | 20x | as long as short |
| RISEx ARB/USDC | +0.0363% | 1h | 0.2246 | +0.038% | $497K | $2.7M | 10x | as long as short |
| Backpack ARB_USDC_PERP | +0.0617% | 1h | 0.2248 | +0.102% | $1.1M | $2.7M | 20x | as long as short |
Binance ARBUSDT
Extended ARB-USD
dYdX ARB-USD
gTrade (Gains Network) ARB/USD
Gate ARB_USDT
Bitget ARBUSDT
Aevo ARB-PERP
Kraken Futures PF_ARBUSD
Lighter ARB
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
KuCoin ARBUSDTM
edgeX ARBUSDC
GRVT ARB_USDT_Perp
ApeX Omni ARBUSDT
SunX ARB-USDT
HTX ARB-USDT
Phemex ARBUSDT
BloFin ARB-USDT
Coinbase International ARB-PERP-INTX
GMX ARB/USD [ARB-USDC]
Reya ARBRUSDPERP
RISEx ARB/USDC
Backpack ARB_USDC_PERP