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: BingX against OKX−0.028%7-day average +0.015% · you buy dearer than you sell
Net, funding: paid 7d − costs−$81as in the Funding arb table
Net, price: spread back to 7d avg − costs−$94as in the Price arb table
costs, in and out, $10k−$890.894% of the position
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%
=Funding pays, the price is against you. BingX is 0.043% cheaper against OKX than usual: you would sell low and buy high (spread −0.028% now, against its 7-day average of +0.015%). If the spread goes back, that is −$4 on $10k: about 16 hours of funding at the current rate (+$6 a day). 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 | OKX BSB-USDT-SWAP | 0.1063 | 0.0100 | pay 0.0050% / 4h | 2h 05m | $1.2M | $2.0M | 10x |
| Short | BingX BSB-USDT | 0.1062 | 0.0310 | get 0.0155% / 4h | 2h 05m | — | $1.7M | — |
Funding 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
- $44.1
- Price spread: −0.028% → +0.015%
- −$4.3
- Slippage, 4 orders
- −$69.35
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$49.55
- Costs to cover
- 0.894%
- Break-even
- 14.9 days
Slippage from OKX: live order book, 1 min ago; BingX: live order book, 11 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 | 3.76 bp | 29.0 bp −$29 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 11 min ago | 2.82 bp | 16.1 bp −$16 | 104.2 bp −$1,042 | 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 | −0.028% | $2.9M | $845K | 25x | as long as short |
| OKX BSB-USDT-SWAPlong | +0.0100% | 4h | 0.1063 | long leg | $1.2M | $2.0M | 10x | |
| KuCoin BSBUSDTM | +0.0100% | 4h | 0.1062 | −0.038% | $510K | $126K | 10x | as long as short |
| Bitget BSBUSDT | +0.0100% | 4h | 0.1063 | +0.047% | $3.5M | $863K | 10x | as long as short |
| Variational Omni BSB | +0.0100% | 4h | 0.1062 | −0.102% | $2K | $2K | — | as long as short |
| SunX BSB-USDT | +0.0100% | 4h | 0.1063 | +0.047% | $2K | $930K | 10x | as long as short |
| Binance BSBUSDT | +0.0310% | 4h | 0.1063 | +0.028% | $6.1M | $3.6M | 10x | as long as short |
| MEXC BSB_USDT | +0.0310% | 4h | 0.1063 | +0.047% | $1.1M | $181K | 50x | as long as short |
| BingX BSB-USDTshort | +0.0310% | 4h | 0.1062 | −0.028% | — | $1.7M | — | |
| Extended BSB-USD | +0.0312% | 1h | 0.1063 | +0.004% | $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 | +0.015% | $29K | $19K | 5x | as long as short |
| Gate BSB_USDT | +0.0480% | 4h | 0.1063 | −0.009% | $634K | $128K | 20x | as long as short |
OKX BSB-USDT-SWAP
BingX BSB-USDT
Bybit BSBUSDT
KuCoin BSBUSDTM
Bitget BSBUSDT
Variational Omni BSB
SunX BSB-USDT
Binance BSBUSDT
MEXC BSB_USDT
Extended BSB-USD
Aster BSBUSDT
Gate BSB_USDT