Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.025%
Price spread now: OKX against Binance−0.027%7-day average +0.012% · you buy dearer than you sell
Net, funding: paid 7d − costs+$3as in the Funding arb table
Net, price: spread back to 7d avg − costs−$89as in the Price arb table
costs, in and out, $10k−$850.854% of the position
Funding, last 7 days+0.887%+$89 on $10k
+Price spread, last 7 days+0.149%+$15 · spread now −0.027%, 7d avg +0.012%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.039% cheaper against Binance than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.012%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance FUSDT | 0.003719 | 0.0100 | pay 0.0050% / 4h | 2h 38m | $4.0M | $7.7M | 50x |
| Short | OKX F-USDT-SWAP | 0.003718 | 0.0100 | get 0.0050% / 4h | 2h 38m | $750K | $2.2M | 20x |
Binance FUSDT
OKX F-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against Binance. 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
- $0
- Price spread: −0.027% → +0.012%
- −$3.9
- Slippage, 4 orders
- −$65.44
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$89.33
- Costs to cover
- 0.854%
- Break-even
- never at this rate
Slippage from Binance: live order book, 16 min ago; OKX: live order book, 4 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 Binance live order book, 16 min ago | 1.35 bp | 15.0 bp −$15 | 49.4 bp −$494 | doesn't fit | doesn't fit |
| Sell OKX live order book, 4 min ago | 1.35 bp | 22.9 bp −$23 | 113.3 bp −$1,133 | doesn't fit | doesn't fit |
F 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate F_USDT | +0.0017% | 8h | 0.003722 | +0.081% | $181K | $1.4M | 25x | as long as short |
| Aster FUSDT | +0.0100% | 4h | 0.003719 | +0.006% | $15K | $30K | 5x | as long as short |
| Binance FUSDTlong | +0.0100% | 4h | 0.003719 | long leg | $4.0M | $7.7M | 50x | |
| Bybit FUSDT | +0.0100% | 4h | 0.003718 | −0.027% | $2.4M | $2.6M | 25x | as long as short |
| OKX F-USDT-SWAPshort | +0.0100% | 4h | 0.003718 | −0.027% | $750K | $2.2M | 20x | |
| MEXC F_USDT | +0.0100% | 4h | 0.003719 | 0.000% | $637K | $191K | 50x | as long as short |
| KuCoin FUSDTM | +0.0100% | 4h | 0.003721 | +0.054% | $785K | $1.3M | 30x | as long as short |
| Bitget FUSDT | +0.0100% | 4h | 0.003722 | +0.081% | $508K | $999K | 50x | as long as short |
| BingX F-USDT | +0.0100% | 4h | 0.003718 | −0.027% | — | $6.6M | — | as long as short |
| Variational Omni F | +0.0100% | 4h | 0.003716 | −0.094% | $700 | $379 | — | as long as short |
Gate F_USDT
Aster FUSDT
Bybit FUSDT
MEXC F_USDT
KuCoin FUSDTM
Bitget FUSDT
BingX F-USDT
Variational Omni F