Funding you earn now, next payment 04:00 UTC+0.0030%/8h= +3.3% APRnext payment +$0.15 per $10,000 · paid last 24h +0.034%
Price spread now: OKX against BingX0.000%7-day average −0.020% · you sell dearer than you buy
Net, funding: paid 7d − costs−$119as in the Funding arb table
Net, price: spread back to 7d avg − costs−$133as in the Price arb table
costs, in and out, $10k−$1351.351% of the position
Funding, last 7 days+0.165%+$16 on $10k
+Price spread, last 7 days−0.053%−$5 · spread now 0.000%, 7d avg −0.020%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and OKX is 0.020% dearer against BingX than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of −0.020%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX BARD-USDT | 0.1376 | 0.0070 | pay 0.0035% / 4h | 29m 09s | — | $6.5M | — |
| Short | OKX BARD-USDT-SWAP | 0.1376 | 0.0100 | get 0.0050% / 4h | 29m 09s | $721K | $996K | 20x |
BingX BARD-USDT
OKX BARD-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
- $6.3
- Price spread: 0.000% → −0.020%
- $2.04
- Slippage, 4 orders
- −$115.07
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$126.73
- Costs to cover
- 1.351%
- Break-even
- 147.8 days
Slippage from BingX: live order book, 6 min ago; OKX: live order book, 27 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, 6 min ago | 10.99 bp | 37.4 bp −$37 | 123.1 bp −$1,231 | doesn't fit | doesn't fit |
| Sell OKX live order book, 27 min ago | 7.26 bp | 30.4 bp −$30 | 1057.7 bp −$10.6K | doesn't fit | doesn't fit |
BARD on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX BARD-USDTlong | +0.0070% | 4h | 0.1376 | long leg | — | $6.5M | — | |
| Aster BARDUSDT | +0.0100% | 4h | 0.1379 | +0.191% | $18K | $16K | 5x | as long as short |
| Binance BARDUSDT | +0.0100% | 4h | 0.1376 | 0.000% | $2.2M | $1.8M | 25x | as long as short |
| Bybit BARDUSDT | +0.0100% | 4h | 0.1377 | +0.058% | $1.1M | $344K | 25x | as long as short |
| OKX BARD-USDT-SWAPshort | +0.0100% | 4h | 0.1376 | 0.000% | $721K | $996K | 20x | |
| Gate BARD_USDT | +0.0100% | 4h | 0.1377 | +0.073% | $193K | $30K | 20x | as long as short |
| MEXC BARD_USDT | +0.0100% | 4h | 0.1378 | +0.145% | $740K | $175K | 50x | as long as short |
| KuCoin BARDUSDTM | +0.0100% | 4h | 0.1373 | −0.233% | $105K | $60K | 25x | as long as short |
| Bitget BARDUSDT | +0.0100% | 4h | 0.1376 | 0.000% | $1.1M | $136K | 20x | as long as short |
| Variational Omni BARD | +0.0100% | 4h | 0.1375 | −0.065% | $12K | $1 | — | as long as short |
Aster BARDUSDT
Binance BARDUSDT
Bybit BARDUSDT
Gate BARD_USDT
MEXC BARD_USDT
KuCoin BARDUSDTM
Bitget BARDUSDT
Variational Omni BARDShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT BARD_USDT_Perp | +0.0100% | 4h | 0.1375 | −0.068% | $147K | $524K | 10x | as long as short |
| BloFin BARD-USDT | +0.0106% | 4h | 0.1375 | −0.073% | $118K | $5K | 25x | as long as short |
GRVT BARD_USDT_Perp
BloFin BARD-USDT