Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: BingX against OKX−0.081%7-day average +0.041% · you buy dearer than you sell
Net, funding: paid 7d − costs−$115as in the Funding arb table
Net, price: spread back to 7d avg − costs−$127as in the Price arb table
costs, in and out, $10k−$1151.149% of the position
Funding, last 7 days+0.001%$0 on $10k
+Price spread, last 4 days (all we have)+0.082%+$8 · spread now −0.081%, 7d avg +0.041%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.122% cheaper against OKX than usual: you would sell low and buy high, −$12 on $10k if it goes back to its 7-day average of +0.041%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX AUCTION-USDT-SWAP | 3.6830 | 0.0100 | pay 0.0050% / 4h | 2h 28m | $773K | $666K | 20x |
| Short | BingX AUCTION-USDT | 3.6800 | 0.0100 | get 0.0050% / 4h | 2h 28m | — | $7.8M | — |
OKX AUCTION-USDT-SWAP
BingX AUCTION-USDTFunding 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
- $0
- Price spread: −0.081% → +0.041%
- −$12.24
- Slippage, 4 orders
- −$94.9
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$127.14
- Costs to cover
- 1.149%
- Break-even
- never at this rate
Slippage from OKX: live order book, 38 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, 38 min ago | 4.06 bp | 30.2 bp −$30 | 360.2 bp −$3,602 | doesn't fit | doesn't fit |
| Sell BingX live order book, 4 min ago | 6.77 bp | 29.6 bp −$30 | 66.7 bp −$667 | 499.9 bp −$50.0K | 663.9 bp −$331.9K |
AUCTION on 11 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_AUCTIONUSD | −0.0333% | 1h | 3.6879 | +0.133% | $8K | $256 | 10x | as long as short |
| Aster AUCTIONUSDT | +0.0100% | 4h | 3.6839 | +0.024% | $808 | $2K | 5x | as long as short |
| Binance AUCTIONUSDT | +0.0100% | 4h | 3.6825 | −0.015% | $2.4M | $1.6M | 50x | as long as short |
| Bybit AUCTIONUSDT | +0.0100% | 4h | 3.6880 | +0.136% | $583K | $273K | 25x | as long as short |
| OKX AUCTION-USDT-SWAPlong | +0.0100% | 4h | 3.6830 | long leg | $773K | $666K | 20x | |
| Gate AUCTION_USDT | +0.0100% | 8h | 3.6830 | 0.000% | $102K | $67K | 50x | as long as short |
| MEXC AUCTION_USDT | +0.0100% | 4h | 3.6810 | −0.054% | $436K | $144K | 20x | as long as short |
| KuCoin AUCTIONUSDTM | +0.0100% | 4h | 3.6840 | +0.027% | $369K | $113K | 20x | as long as short |
| Bitget AUCTIONUSDT | +0.0100% | 4h | 3.6820 | −0.027% | $378K | $140K | 25x | as long as short |
| BingX AUCTION-USDTshort | +0.0100% | 4h | 3.6800 | −0.081% | — | $7.8M | — |
Kraken Futures PF_AUCTIONUSD
Aster AUCTIONUSDT
Binance AUCTIONUSDT
Bybit AUCTIONUSDT
Gate AUCTION_USDT
MEXC AUCTION_USDT
KuCoin AUCTIONUSDTM
Bitget AUCTIONUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni AUCTION | +0.0100% | 4h | 3.6934 | +0.283% | $171 | $38 | — | as long as short |
Variational Omni AUCTION