Settings8H · net · $10k
Funding arb · Price arb /

AT

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0142%/8h= −15.6% APRnext payment $0.71 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against OKX−0.318%7-day average −0.097% · you buy dearer than you sell
Net, funding: paid 7d − costs−$168as in the Funding arb table
Net, price: spread back to 7d avg − costs−$191as in the Price arb table
costs, in and out, $10k−$1681.684% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 4 days (all we have)+0.136%+$14 · spread now −0.318%, 7d avg −0.097%
Together, before fees+0.136%+$14 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Binance is 0.221% cheaper against OKX than usual: you would sell low and buy high (−$22 if the spread goes back to its 7-day average of −0.097%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX AT-USDT-SWAP0.15720.0242pay 0.0121% / 4h27m 57s$214K$483K20x
ShortBinance ATUSDT0.15670.0100get 0.0050% / 4h27m 57s$8.6M$3.2M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against OKX. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$29.85
Price spread: −0.318% → −0.097%
−$22.1
Slippage, 4 orders
−$148.42
Fee OKX: 5 bp × 2 orders
−$10
Fee Binance: 5 bp × 2 orders
−$10
Net
−$220.36
Costs to cover
1.684%
Break-even
never at this rate
Slippage from OKX: live order book, 48 min ago; Binance: live order book, 11 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy OKX live order book, 48 min ago6.38 bp43.5 bp −$444632.7 bp −$46.3Kdoesn't fitdoesn't fit
Sell Binance live order book, 11 min ago3.19 bp33.3 bp −$33199.7 bp −$1,997doesn't fitdoesn't fit

AT on 10 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster ATUSDT+0.0100%4h0.1565−0.433%$32K$11K5xas long as short
Binance ATUSDTshort+0.0100%4h0.1567−0.318%$8.6M$3.2M50x
Bybit ATUSDT+0.0100%4h0.1566−0.375%$468K$827K25xas long as short
Gate AT_USDT+0.0100%4h0.1567−0.293%$154K$176K20xas long as short
MEXC AT_USDT+0.0100%4h0.1567−0.318%$194K$166K50xas long as short
KuCoin ATUSDTM+0.0100%4h0.1566−0.382%$244K$137K50xas long as short
Bitget ATUSDT+0.0100%4h0.1567−0.318%$697K$137K50xas long as short
BloFin AT-USDT+0.0132%4h0.1568−0.254%$364K$7K50xas long as short
OKX AT-USDT-SWAPlong+0.0242%4h0.1572long leg$214K$483K20x
BingX AT-USDT+0.0276%4h0.1569−0.191%$6.5Mas long as short