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: BingX against OKX0.000%7-day average +0.020% · you sell dearer than you buy
Net, funding: paid 7d − costs−$139as in the Funding arb table
Net, price: spread back to 7d avg − costs−$124as in the Price arb table
costs, in and out, $10k−$1221.224% of the position
Funding, last 7 days−0.165%−$16 on $10k
+Price spread, last 4 days (all we have)−0.026%−$3 · spread now 0.000%, 7d avg +0.020%
=The price spread sits at its 7-day average of +0.020%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX BARD-USDT-SWAP | 0.1383 | 0.0100 | pay 0.0050% / 4h | 2h 30m | $734K | $1.0M | 20x |
| Short | BingX BARD-USDT | 0.1383 | 0.0070 | get 0.0035% / 4h | 2h 30m | — | $6.5M | — |
OKX BARD-USDT-SWAP
BingX BARD-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
- −$6.3
- Price spread: 0.000% → +0.020%
- −$1.98
- Slippage, 4 orders
- −$102.44
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$130.72
- Costs to cover
- 1.224%
- Break-even
- never at this rate
Slippage from OKX: live order book, 1 min ago; BingX: live order book, 10 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, 1 min ago | 3.62 bp | 26.1 bp −$26 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 10 min ago | 7.28 bp | 30.9 bp −$31 | 114.0 bp −$1,140 | 969.6 bp −$97.0K | 1345.5 bp −$672.8K |
BARD 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX BARD-USDTshort | +0.0070% | 4h | 0.1383 | 0.000% | — | $6.5M | — | |
| Aster BARDUSDT | +0.0100% | 4h | 0.1384 | +0.084% | $18K | $16K | 5x | as long as short |
| Binance BARDUSDT | +0.0100% | 4h | 0.1384 | +0.072% | $2.2M | $1.8M | 25x | as long as short |
| Bybit BARDUSDT | +0.0100% | 4h | 0.1385 | +0.145% | $1.0M | $330K | 25x | as long as short |
| OKX BARD-USDT-SWAPlong | +0.0100% | 4h | 0.1383 | long leg | $734K | $1.0M | 20x | |
| Gate BARD_USDT | +0.0100% | 4h | 0.1385 | +0.145% | $194K | $33K | 20x | as long as short |
| MEXC BARD_USDT | +0.0100% | 4h | 0.1384 | +0.072% | $752K | $155K | 50x | as long as short |
| KuCoin BARDUSDTM | +0.0100% | 4h | 0.1382 | −0.080% | $105K | $68K | 25x | as long as short |
| Bitget BARDUSDT | +0.0100% | 4h | 0.1385 | +0.145% | $1.1M | $153K | 20x | as long as short |
| Variational Omni BARD | +0.0100% | 4h | 0.1384 | +0.078% | $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 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT BARD_USDT_Perp | +0.0100% | 4h | 0.1386 | +0.190% | $138K | $551K | 10x | as long as short |
GRVT BARD_USDT_Perp