Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: OKX against Binance−0.112%7-day average −0.029% · 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−$123as in the Price arb table
costs, in and out, $10k−$1141.145% of the position
Funding, last 7 days−0.003%$0 on $10k
+Price spread, last 4 days (all we have)+0.061%+$6 · spread now −0.112%, 7d avg −0.029%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.083% cheaper against Binance than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of −0.029%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance BIGTIMEUSDT | 0.008169 | 0.0100 | pay 0.0050% / 4h | 3h 39m | $1.8M | $2.3M | 50x |
| Short | OKX BIGTIME-USDT-SWAP | 0.008160 | 0.0100 | get 0.0050% / 4h | 3h 39m | $432K | $334K | 10x |
Binance BIGTIMEUSDT
OKX BIGTIME-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: −0.112% → −0.029%
- −$8.28
- Slippage, 4 orders
- −$94.46
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$122.74
- Costs to cover
- 1.145%
- Break-even
- never at this rate
Slippage from Binance: live order book, 10 min ago; OKX: live order book, 56 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, 10 min ago | 1.22 bp | 20.0 bp −$20 | 92.6 bp −$926 | doesn't fit | doesn't fit |
| Sell OKX live order book, 56 min ago | 3.04 bp | 36.9 bp −$37 | doesn't fit | doesn't fit | doesn't fit |
BIGTIME 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_BIGTIMEUSD | −0.1264% | 1h | 0.008164 | −0.061% | $8K | $8K | 10x | as long as short |
| Hyperliquid BIGTIME | +0.0100% | 1h | 0.008171 | +0.022% | $128K | $86K | 3x | as long as short |
| Binance BIGTIMEUSDTlong | +0.0100% | 4h | 0.008169 | long leg | $1.8M | $2.3M | 50x | |
| Bybit BIGTIMEUSDT | +0.0100% | 4h | 0.008167 | −0.027% | $659K | $703K | 25x | as long as short |
| OKX BIGTIME-USDT-SWAPshort | +0.0100% | 4h | 0.008160 | −0.112% | $432K | $334K | 10x | |
| Gate BIGTIME_USDT | +0.0100% | 4h | 0.008164 | −0.063% | $60K | $26K | 50x | as long as short |
| MEXC BIGTIME_USDT | +0.0100% | 4h | 0.008169 | −0.002% | $443K | $174K | 125x | as long as short |
| KuCoin BIGTIMEUSDTM | +0.0100% | 4h | 0.008171 | +0.022% | $232K | $27K | 20x | as long as short |
| Bitget BIGTIMEUSDT | +0.0100% | 4h | 0.008168 | −0.014% | $551K | $193K | 50x | as long as short |
| BingX BIGTIME-USDT | +0.0100% | 4h | 0.008168 | −0.014% | — | $2.3M | — | as long as short |
Kraken Futures PF_BIGTIMEUSD
Hyperliquid BIGTIME
Bybit BIGTIMEUSDT
Gate BIGTIME_USDT
MEXC BIGTIME_USDT
KuCoin BIGTIMEUSDTM
Bitget BIGTIMEUSDT
BingX BIGTIME-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni BIGTIME | +0.0100% | 4h | 0.008169 | −0.006% | $10K | $555 | — | as long as short |
| BloFin BIGTIME-USDT | +0.0120% | 4h | 0.008179 | +0.120% | $90K | $6K | 50x | as long as short |
Variational Omni BIGTIME
BloFin BIGTIME-USDT