Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.003%
Price spread now: Binance against OKX+0.252%7-day average +0.140% · you sell dearer than you buy
Net, funding: paid 7d − costs−$136as in the Funding arb table
Net, price: spread back to 7d avg − costs−$128as in the Price arb table
costs, in and out, $10k−$1391.392% of the position
Funding, last 7 days+0.034%+$3 on $10k
+Price spread, last 4 days (all we have)−0.132%−$13 · spread now +0.252%, 7d avg +0.140%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.111% dearer against OKX than usual: you sell high and buy low, +$11 on $10k if it goes back to its 7-day average of +0.140%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX ATH-USDT-SWAP | 0.005563 | 0.0100 | pay 0.0050% / 4h | 3h 18m | $711K | $1.2M | 20x |
| Short | Binance ATHUSDT | 0.005577 | 0.0100 | get 0.0050% / 4h | 3h 18m | $3.4M | $3.9M | 50x |
OKX ATH-USDT-SWAP
Binance ATHUSDTFunding 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
- $0
- Price spread: +0.252% → +0.140%
- $11.12
- Slippage, 4 orders
- −$119.16
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$128.04
- Costs to cover
- 1.392%
- Break-even
- never at this rate
Slippage from OKX: live order book, 3 min ago; Binance: live order book, 3 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, 3 min ago | 6.31 bp | 37.9 bp −$38 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 3 min ago | 1.80 bp | 33.4 bp −$33 | 97.9 bp −$979 | doesn't fit | doesn't fit |
ATH on 13 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ATHUSD | −0.2780% | 1h | 0.005592 | +0.526% | $19K | $106K | 10x | as long as short |
| Variational Omni ATH | −0.0004% | 4h | 0.005550 | −0.232% | $186K | $93K | — | as long as short |
| dYdX ATH-USD | 0.0000% | 1h | 0.005579 | +0.286% | $11K | $57 | 5x | as long as short |
| BloFin ATH-USDT | +0.0097% | 4h | 0.005577 | +0.252% | $170K | $68K | 75x | as long as short |
| Aster ATHUSDT | +0.0100% | 4h | 0.005584 | +0.382% | $6K | $39K | 5x | as long as short |
| Binance ATHUSDTshort | +0.0100% | 4h | 0.005577 | +0.252% | $3.4M | $3.9M | 50x | |
| Bybit ATHUSDT | +0.0100% | 4h | 0.005564 | +0.018% | $4.4M | $2.4M | 25x | as long as short |
| OKX ATH-USDT-SWAPlong | +0.0100% | 4h | 0.005563 | long leg | $711K | $1.2M | 20x | |
| Gate ATH_USDT | +0.0100% | 4h | 0.005574 | +0.198% | $795K | $522K | 30x | as long as short |
| MEXC ATH_USDT | +0.0100% | 4h | 0.005581 | +0.324% | $9.0M | $584K | 50x | as long as short |
Kraken Futures PF_ATHUSD
Variational Omni ATH
dYdX ATH-USD
BloFin ATH-USDT
Aster ATHUSDT
Bybit ATHUSDT
Gate ATH_USDT
MEXC ATH_USDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin ATHUSDTM | +0.0100% | 4h | 0.005580 | +0.306% | $564K | $76K | 30x | as long as short |
| Bitget ATHUSDT | +0.0100% | 4h | 0.005570 | +0.126% | $1.6M | $863K | 25x | as long as short |
| BingX ATH-USDT | +0.0100% | 4h | 0.005578 | +0.270% | — | $21.4M | — | as long as short |
KuCoin ATHUSDTM
Bitget ATHUSDT
BingX ATH-USDT