Funding you earn now, next payment 08:00 UTC−0.0051%/8h= −5.6% APRnext payment −$0.51 per $10,000 · paid last 24h −0.015%
Price spread now: OKX against BingX+0.181%7-day average +0.015% · you sell dearer than you buy
Net, funding: paid 7d − costs−$110as in the Funding arb table
Net, price: spread back to 7d avg − costs−$83as in the Price arb table
costs, in and out, $10k−$1000.997% of the position
Funding, last 7 days−0.107%−$11 on $10k
+Price spread, last 7 days−0.181%−$18 · spread now +0.181%, 7d avg +0.015%
=The price spread pays, funding is against you. OKX is 0.166% dearer against BingX than usual: you sell high and buy low (spread +0.181% now, against its 7-day average of +0.015%): +$17 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 11 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX CORE-USDT | 0.02214 | 0.0151 | pay 0.0151% / 8h | 6h 32m | — | $1.3M | — |
| Short | OKX CORE-USDT-SWAP | 0.02218 | 0.0100 | get 0.0100% / 8h | 6h 32m | $1.7M | $4.4M | 20x |
BingX CORE-USDT
OKX CORE-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
- −$10.71
- Price spread: +0.181% → +0.015%
- $16.58
- Slippage, 4 orders
- −$79.71
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$93.84
- Costs to cover
- 0.997%
- Break-even
- never at this rate
Slippage from BingX: live order book, 3 min ago; OKX: live order book, 5 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, 3 min ago | 9.02 bp | 20.8 bp −$21 | 61.3 bp −$613 | 1186.5 bp −$118.7K | doesn't fit |
| Sell OKX live order book, 5 min ago | 2.26 bp | 25.7 bp −$26 | 281.4 bp −$2,814 | doesn't fit | doesn't fit |
CORE on 6 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni CORE | −0.0237% | 8h | 0.02211 | −0.151% | $8K | $892 | — | as long as short |
| Gate CORE_USDT | −0.0207% | 8h | 0.02209 | −0.226% | $165K | $173K | 25x | as long as short |
| Bybit COREUSDT | −0.0004% | 8h | 0.02208 | −0.271% | $1.4M | $918K | 20x | as long as short |
| OKX CORE-USDT-SWAPshort | +0.0100% | 8h | 0.02218 | +0.181% | $1.7M | $4.4M | 20x | |
| MEXC CORE_USDT | +0.0151% | 8h | 0.02214 | 0.000% | $858K | $211K | 100x | as long as short |
| BingX CORE-USDTlong | +0.0151% | 8h | 0.02214 | long leg | — | $1.3M | — |
Variational Omni CORE
Gate CORE_USDT
Bybit COREUSDT
MEXC CORE_USDT