BSB

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0210%/8h= −23.0% APRnext payment −$1.05 per $10,000 · paid last 24h −0.007%

Price spread now: OKX against BingX+0.028%7-day average −0.015% · you sell dearer than you buy

Net, funding: paid 7d − costs−$98as in the Funding arb table

Net, price: spread back to 7d avg − costs−$85as in the Price arb table

costs, in and out, $10k−$890.894% of the position

Long on BingX Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.087%−$9 on $10k

Price spread, last 7 days+0.004%$0 · spread now +0.028%, 7d avg −0.015%

Together, before fees−0.083%−$8 on $10k · with fees, hour by hour

The price spread pays, funding is against you. OKX is 0.043% dearer against BingX than usual: you sell high and buy low (spread +0.028% now, against its 7-day average of −0.015%): +$4 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 16 hours. At the pace of the last 7 days (−0.087% in total) that is about 3.5 days.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.087% in total (about -4.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.05 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX BSB-USDT	0.1062	0.0310	pay 0.0155% / 4h	2h 05m	—	$1.7M	—
Short	OKX BSB-USDT-SWAP	0.1063	0.0100	get 0.0050% / 4h	2h 05m	$1.2M	$2.0M	10x

Funding 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 it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BingXbpFee OKXbpOrdersPrice spread, now +0.028%Rate

Funding earned: −$44.1
Price spread: +0.028% → −0.015%: $4.3
Slippage, 4 orders: −$69.35
Fee BingX: 5 bp × 2 orders: −$10
Fee OKX: 5 bp × 2 orders: −$10
Net: −$129.15
Costs to cover: 0.894%
Break-even: never at this rate

Slippage from BingX: live order book, 12 min ago; OKX: live order book, 1 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, 12 min ago	2.82 bp	17.7 bp −$18	113.2 bp −$1,132	doesn't fit	doesn't fit
Sell OKX live order book, 1 min ago	3.76 bp	26.6 bp −$27	doesn't fit	doesn't fit	doesn't fit

BSB 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
Bybit BSBUSDT	+0.0100%	4h	0.1062	0.000%	$2.9M	$845K	25x	as long as short
OKX BSB-USDT-SWAPshort	+0.0100%	4h	0.1063	+0.028%	$1.2M	$2.0M	10x
KuCoin BSBUSDTM	+0.0100%	4h	0.1062	−0.009%	$510K	$126K	10x	as long as short
Bitget BSBUSDT	+0.0100%	4h	0.1063	+0.075%	$3.5M	$863K	10x	as long as short
Variational Omni BSB	+0.0100%	4h	0.1062	−0.074%	$2K	$2K	—	as long as short
SunX BSB-USDT	+0.0100%	4h	0.1063	+0.075%	$2K	$930K	10x	as long as short
Binance BSBUSDT	+0.0310%	4h	0.1063	+0.056%	$6.1M	$3.6M	10x	as long as short
MEXC BSB_USDT	+0.0310%	4h	0.1063	+0.075%	$1.1M	$181K	50x	as long as short
BingX BSB-USDTlong	+0.0310%	4h	0.1062	long leg	—	$1.7M	—
Extended BSB-USD	+0.0312%	1h	0.1063	+0.032%	$896	$181K	5x	as long as short

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster BSBUSDT	+0.0393%	4h	0.1063	+0.044%	$29K	$19K	5x	as long as short
Gate BSB_USDT	+0.0480%	4h	0.1063	+0.019%	$634K	$128K	20x	as long as short