Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: OKX against Binance−0.003%7-day average −0.045% · you buy dearer than you sell
Net, funding: paid 7d − costs−$106as in the Funding arb table
Net, price: spread back to 7d avg − costs−$101as in the Price arb table
costs, in and out, $10k−$1051.052% of the position
Funding, last 7 days−0.008%−$1 on $10k
+Price spread, last 4 days (all we have)−0.007%−$1 · spread now −0.003%, 7d avg −0.045%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.042% dearer against Binance than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.045%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance BATUSDT | 0.08409 | 0.0100 | pay 0.0100% / 8h | 1h 12m | $1.9M | $2.0M | 50x |
| Short | OKX BAT-USDT-SWAP | 0.08409 | 0.0100 | get 0.0100% / 8h | 1h 12m | $534K | $474K | 20x |
Binance BATUSDT
OKX BAT-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against Binance. 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: −0.003% → −0.045%
- $4.2
- Slippage, 4 orders
- −$85.18
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$100.97
- Costs to cover
- 1.052%
- Break-even
- never at this rate
Slippage from Binance: live order book, 7 min ago; OKX: 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 Binance live order book, 7 min ago | 1.19 bp | 21.6 bp −$22 | 150.7 bp −$1,507 | doesn't fit | doesn't fit |
| Sell OKX live order book, 4 min ago | 1.78 bp | 28.9 bp −$29 | doesn't fit | doesn't fit | doesn't fit |
BAT 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_BATUSD | −0.0727% | 1h | 0.08415 | +0.063% | $117K | $15K | 10x | as long as short |
| BloFin BAT-USDT | +0.0087% | 8h | 0.08419 | +0.116% | $100K | $20K | 50x | as long as short |
| Binance BATUSDTlong | +0.0100% | 8h | 0.08409 | long leg | $1.9M | $2.0M | 50x | |
| Bybit BATUSDT | +0.0100% | 8h | 0.08415 | +0.068% | $1.1M | $460K | 25x | as long as short |
| OKX BAT-USDT-SWAPshort | +0.0100% | 8h | 0.08409 | −0.003% | $534K | $474K | 20x | |
| Gate BAT_USDT | +0.0100% | 8h | 0.08420 | +0.128% | $84K | $56K | 25x | as long as short |
| MEXC BAT_USDT | +0.0100% | 8h | 0.08411 | +0.021% | $886K | $631K | 125x | as long as short |
| KuCoin BATUSDTM | +0.0100% | 8h | 0.08420 | +0.128% | $236K | $48K | 20x | as long as short |
| Bitget BATUSDT | +0.0100% | 8h | 0.08417 | +0.092% | $681K | $180K | 50x | as long as short |
| BingX BAT-USDT | +0.0100% | 8h | 0.08411 | +0.021% | — | $1.3M | — | as long as short |
Kraken Futures PF_BATUSD
BloFin BAT-USDT
Bybit BATUSDT
Gate BAT_USDT
MEXC BAT_USDT
KuCoin BATUSDTM
Bitget BATUSDT
BingX BAT-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni BAT | +0.0100% | 8h | 0.08414 | +0.062% | $114K | $1 | — | as long as short |
Variational Omni BAT