Funding you earn now, next payment 00:00 UTC−0.0034%/8h= −3.7% APRnext payment −$0.17 per $10,000 · paid last 24h 0.000%
Price spread now: OKX against BingX+0.191%7-day average +0.070% · you sell dearer than you buy
Net, funding: paid 7d − costs−$182as in the Funding arb table
Net, price: spread back to 7d avg − costs−$166as in the Price arb table
costs, in and out, $10k−$1781.784% of the position
Funding, last 7 days−0.034%−$3 on $10k
+Price spread, last 4 days (all we have)−0.074%−$7 · spread now +0.191%, 7d avg +0.070%
=The price spread pays, funding is against you. OKX is 0.121% dearer against BingX than usual: you sell high and buy low (spread +0.191% now, against its 7-day average of +0.070%): +$12 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 12 days. At the pace of the last 7 days (−0.034% in total) that is about 25 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX AT-USDT | 0.1569 | 0.0276 | pay 0.0138% / 4h | 27m 38s | — | $6.5M | — |
| Short | OKX AT-USDT-SWAP | 0.1572 | 0.0242 | get 0.0121% / 4h | 27m 38s | $214K | $481K | 20x |
BingX AT-USDT
OKX AT-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
- −$7.11
- Price spread: +0.191% → +0.070%
- $12.11
- Slippage, 4 orders
- −$158.44
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$173.44
- Costs to cover
- 1.784%
- Break-even
- never at this rate
Slippage from BingX: live order book, 9 min ago; OKX: live order book, 48 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, 9 min ago | 9.56 bp | 35.0 bp −$35 | 140.0 bp −$1,400 | 960.8 bp −$96.1K | doesn't fit |
| Sell OKX live order book, 48 min ago | 6.38 bp | 59.6 bp −$60 | doesn't fit | doesn't fit | doesn't fit |
AT on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster ATUSDT | +0.0100% | 4h | 0.1565 | −0.233% | $32K | $11K | 5x | as long as short |
| Binance ATUSDT | +0.0100% | 4h | 0.1567 | −0.127% | $8.6M | $3.2M | 50x | as long as short |
| Bybit ATUSDT | +0.0100% | 4h | 0.1566 | −0.172% | $468K | $827K | 25x | as long as short |
| Gate AT_USDT | +0.0100% | 4h | 0.1567 | −0.102% | $154K | $176K | 20x | as long as short |
| MEXC AT_USDT | +0.0100% | 4h | 0.1567 | −0.127% | $194K | $166K | 50x | as long as short |
| KuCoin ATUSDTM | +0.0100% | 4h | 0.1568 | −0.064% | $244K | $137K | 50x | as long as short |
| Bitget ATUSDT | +0.0100% | 4h | 0.1568 | −0.064% | $697K | $137K | 50x | as long as short |
| BloFin AT-USDT | +0.0132% | 4h | 0.1568 | −0.064% | $364K | $7K | 50x | as long as short |
| OKX AT-USDT-SWAPshort | +0.0242% | 4h | 0.1572 | +0.191% | $214K | $481K | 20x | |
| BingX AT-USDTlong | +0.0276% | 4h | 0.1569 | long leg | — | $6.5M | — |
Aster ATUSDT
Binance ATUSDT
Bybit ATUSDT
Gate AT_USDT
MEXC AT_USDT
KuCoin ATUSDTM
Bitget ATUSDT
BloFin AT-USDT