Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.1152 | +0.0100 | pay 0.0050% / 4h | 2h 03m | $2.3M | $2.2M | 20x | Long Binance | |
| SHORT | 0.1150 | +0.0100 | get 0.0050% / 4h | 2h 03m | $818K | $1.1M | 20x | Short OKX |
Price gap−0.145%
Funding gap0.0000% /8h
Funding is ≈ 0, so this is a price-spread trade: +$5 on $10k if the gap goes back to its 7d average.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$170.0000% /8h now · paid −0.171% over the last 7D
Price+$5spread −0.145% now, avg −0.194% → +0.048% if it goes back
Costs−$1501.503% of $10k · taker + slippage, in and out
Result−$162−1.62%no points
Price and funding
1h · historyEntry / Exit
Price spread
Prices
Fundingper 8h
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now−0.145%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hDATA on 12 exchanges
lowest funding firstBefore you open
2 ok · 3 to watch- Watch: Thin at this size24.2 / 50.2 bpAt $10k entering OKX costs 50.2 bp, fee and slippage, 2.1× Binance’s.
- Note: Margin at max leverage$500 + $500Binance 20x, OKX 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- OK: Same payment interval4h / 4hBoth legs pay at the same time.Next 24h at the current rates, on $10k a leg: $0.00Long Binance: 6 payments, −$3.00; short OKX: 6 payments, +$3.00.
- OK: Entry gap works for you−0.145% vs −0.194%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short leg is thinner$818K vs $2.3M OIOKX sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCBinance Yes · OKX YesVerified KYC to deposit or trade; futures accounts under 30 days old are capped at 20x.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0081%/8h × 21 periods−$17.05
Price spread−0.145% → −0.194% (7d avg)+$4.85
Slippage, 4 orderslive order books−$130.27
Fee Binance bp × 2 orders−$10.00
Fee OKX bp × 2 orders−$10.00
Net · 7 days · $10k−$162.47
Costs to cover1.503%Break-evennever at this rate
Slippage: Binance: live order book, 4 min ago; OKX: live order book, just nowCost to enter
taker + slippage from mid, one sideBUY · LONGBinance4.3524.2 bp−$24156.4 bp−$1,564doesn’t fitdoesn’t fit
SELL · SHORTOKX8.7050.2 bp−$50doesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.
DATA news
posts that mention DATA, from every exchange| 10-12 18:49 | Aftermath Perps | Listing | new market DATAUSD ($DATA) seen by our collector |
Aftermath Perps