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
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%
=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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX AT-USDT-SWAP | 0.1572 | 0.0242 | pay 0.0121% / 4h | 27m 57s | $214K | $483K | 20x |
| Short | Binance ATUSDT | 0.1567 | 0.0100 | get 0.0050% / 4h | 27m 57s | $8.6M | $3.2M | 50x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy OKX live order book, 48 min ago | 6.38 bp | 43.5 bp −$44 | 4632.7 bp −$46.3K | doesn't fit | doesn't fit |
| Sell Binance live order book, 11 min ago | 3.19 bp | 33.3 bp −$33 | 199.7 bp −$1,997 | 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 | −0.433% | $32K | $11K | 5x | as long as short |
| Binance ATUSDTshort | +0.0100% | 4h | 0.1567 | −0.318% | $8.6M | $3.2M | 50x | |
| Bybit ATUSDT | +0.0100% | 4h | 0.1566 | −0.375% | $468K | $827K | 25x | as long as short |
| Gate AT_USDT | +0.0100% | 4h | 0.1567 | −0.293% | $154K | $176K | 20x | as long as short |
| MEXC AT_USDT | +0.0100% | 4h | 0.1567 | −0.318% | $194K | $166K | 50x | as long as short |
| KuCoin ATUSDTM | +0.0100% | 4h | 0.1566 | −0.382% | $244K | $137K | 50x | as long as short |
| Bitget ATUSDT | +0.0100% | 4h | 0.1567 | −0.318% | $697K | $137K | 50x | as long as short |
| BloFin AT-USDT | +0.0132% | 4h | 0.1568 | −0.254% | $364K | $7K | 50x | as long as short |
| OKX AT-USDT-SWAPlong | +0.0242% | 4h | 0.1572 | long leg | $214K | $483K | 20x | |
| BingX AT-USDT | +0.0276% | 4h | 0.1569 | −0.191% | — | $6.5M | — | as long as short |
OKX AT-USDT-SWAP
Binance ATUSDT
Aster ATUSDT
Bybit ATUSDT
Gate AT_USDT
MEXC AT_USDT
KuCoin ATUSDTM
Bitget ATUSDT
BloFin AT-USDT
BingX AT-USDT