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 BingX−0.083%7-day average −0.061% · you buy dearer than you sell
Net, funding: paid 7d − costs−$109as in the Funding arb table
Net, price: spread back to 7d avg − costs−$109as in the Price arb table
costs, in and out, $10k−$1071.070% of the position
Funding, last 7 days−0.025%−$2 on $10k
+Price spread, last 4 days (all we have)−0.032%−$3 · spread now −0.083%, 7d avg −0.061%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.022% cheaper against BingX than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of −0.061%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX BAT-USDT | 0.08417 | 0.0100 | pay 0.0100% / 8h | 31m 01s | — | $1.3M | — |
| Short | OKX BAT-USDT-SWAP | 0.08410 | 0.0100 | get 0.0100% / 8h | 31m 01s | $533K | $477K | 20x |
BingX BAT-USDT
OKX BAT-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
- $0
- Price spread: −0.083% → −0.061%
- −$2.18
- Slippage, 4 orders
- −$86.97
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$109.15
- Costs to cover
- 1.070%
- Break-even
- never at this rate
Slippage from BingX: live order book, 13 min ago; OKX: live order book, 45 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, 13 min ago | 4.15 bp | 26.7 bp −$27 | 67.0 bp −$670 | 431.1 bp −$43.1K | 481.5 bp −$240.7K |
| Sell OKX live order book, 45 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 | −0.0774% | 1h | 0.08419 | +0.023% | $117K | $15K | 10x | as long as short |
| BloFin BAT-USDT | +0.0085% | 8h | 0.08423 | +0.071% | $100K | $22K | 50x | as long as short |
| Binance BATUSDT | +0.0100% | 8h | 0.08414 | −0.036% | $1.9M | $2.1M | 50x | as long as short |
| Bybit BATUSDT | +0.0100% | 8h | 0.08421 | +0.048% | $1.1M | $469K | 25x | as long as short |
| OKX BAT-USDT-SWAPshort | +0.0100% | 8h | 0.08410 | −0.083% | $533K | $477K | 20x | |
| Gate BAT_USDT | +0.0100% | 8h | 0.08431 | +0.166% | $84K | $53K | 25x | as long as short |
| MEXC BAT_USDT | +0.0100% | 8h | 0.08415 | −0.024% | $876K | $625K | 125x | as long as short |
| KuCoin BATUSDTM | +0.0100% | 8h | 0.08430 | +0.154% | $266K | $61K | 20x | as long as short |
| Bitget BATUSDT | +0.0100% | 8h | 0.08426 | +0.107% | $680K | $182K | 50x | as long as short |
| BingX BAT-USDTlong | +0.0100% | 8h | 0.08417 | long leg | — | $1.3M | — |
Kraken Futures PF_BATUSD
BloFin BAT-USDT
Binance BATUSDT
Bybit BATUSDT
Gate BAT_USDT
MEXC BAT_USDT
KuCoin BATUSDTM
Bitget BATUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni BAT | +0.0100% | 8h | 0.08421 | +0.042% | $115K | $78 | — | as long as short |
Variational Omni BAT