Funding you earn now, next payment 04:00 UTC−0.0416%/8h= −45.6% APRnext payment −$2.08 per $10,000 · paid last 24h −0.115%
Price spread now: OKX against BingX−0.053%7-day average −0.102% · you buy dearer than you sell
Net, funding: paid 7d − costs−$149as in the Funding arb table
Net, price: spread back to 7d avg − costs−$103as in the Price arb table
costs, in and out, $10k−$1081.077% of the position
Funding, last 7 days−0.412%−$41 on $10k
+Price spread, last 4 days (all we have)−0.124%−$12 · spread now −0.053%, 7d avg −0.102%
=The price spread pays, funding is against you. OKX is 0.049% dearer against BingX than usual: you sell high and buy low (spread −0.053% now, against its 7-day average of −0.102%): +$5 on $10k if it goes back. Holding the pair costs −$12 a day in funding at the current rate, which eats that in about 9 hours. At the pace of the last 7 days (−0.412% in total) that is about 20 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX DOOD-USDT | 0.001881 | 0.0516 | pay 0.0258% / 4h | 2h 06m | — | $6.5M | — |
| Short | OKX DOOD-USDT-SWAP | 0.001880 | 0.0100 | get 0.0050% / 4h | 2h 06m | $684K | $812K | 20x |
BingX DOOD-USDT
OKX DOOD-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
- −$87.36
- Price spread: −0.053% → −0.102%
- $4.9
- Slippage, 4 orders
- −$87.72
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$190.18
- Costs to cover
- 1.077%
- Break-even
- never at this rate
Slippage from BingX: live order book, 15 min ago; OKX: live order book, 60 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, 15 min ago | 5.30 bp | 24.0 bp −$24 | 80.8 bp −$808 | doesn't fit | doesn't fit |
| Sell OKX live order book, 60 min ago | 5.25 bp | 21.8 bp −$22 | doesn't fit | doesn't fit | doesn't fit |
DOOD on 10 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 DOODUSDT | +0.0100% | 4h | 0.001880 | −0.053% | $1.1M | $609K | 13x | as long as short |
| OKX DOOD-USDT-SWAPshort | +0.0100% | 4h | 0.001880 | −0.053% | $684K | $812K | 20x | |
| KuCoin DOODUSDTM | +0.0100% | 4h | 0.001878 | −0.159% | $228K | $68K | 30x | as long as short |
| Bitget DOODUSDT | +0.0100% | 4h | 0.001883 | +0.106% | $272K | $381K | 20x | as long as short |
| Variational Omni DOOD | +0.0100% | 4h | 0.001880 | −0.071% | $11K | $389 | — | as long as short |
| Aster DOODUSDT | +0.0448% | 4h | 0.001880 | −0.032% | $122K | $15K | 5x | as long as short |
| MEXC DOOD_USDT | +0.0512% | 4h | 0.001883 | +0.106% | $169K | $185K | 20x | as long as short |
| BingX DOOD-USDTlong | +0.0516% | 4h | 0.001881 | long leg | — | $6.5M | — | |
| Binance DOODUSDT | +0.0523% | 4h | 0.001883 | +0.106% | $3.6M | $2.8M | 25x | as long as short |
| Gate DOOD_USDT | +0.1021% | 8h | 0.001880 | −0.053% | $156K | $158K | 20x | as long as short |
Bybit DOODUSDT
KuCoin DOODUSDTM
Bitget DOODUSDT
Variational Omni DOOD
Aster DOODUSDT
MEXC DOOD_USDT
Binance DOODUSDT
Gate DOOD_USDT