Settings8H · net · $10k
Funding arb · Price arb /

F

all F markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0007%/8h= −0.7% APRnext payment $0.03 per $10,000 · paid last 24h −0.080%
Price spread now: OKX against BingX−0.081%7-day average −0.015% · you buy dearer than you sell
Net, funding: paid 7d − costs−$150as in the Funding arb table
Net, price: spread back to 7d avg − costs−$93as in the Price arb table
costs, in and out, $10k−$860.862% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.636%−$64 on $10k
Price spread, last 7 days+0.253%+$25 · spread now −0.081%, 7d avg −0.015%
Together, before fees−0.383%−$38 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.066% cheaper against BingX than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of −0.015%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX F-USDT0.0037070.0100pay 0.0050% / 4h2h 57m$6.6M
ShortOKX F-USDT-SWAP0.0037040.0093get 0.0047% / 4h2h 57m$739K$2.2M20x

Funding 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$1.41
Price spread: −0.081% → −0.015%
−$6.61
Slippage, 4 orders
−$66.18
Fee BingX: 5 bp × 2 orders
−$10
Fee OKX: 5 bp × 2 orders
−$10
Net
−$94.2
Costs to cover
0.862%
Break-even
never at this rate
Slippage from BingX: live order book, 10 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
LegHalf-spread$10k$100k$1M$5M
Buy BingX live order book, 10 min ago4.04 bp18.1 bp −$1847.9 bp −$479866.1 bp −$86.6K1354.6 bp −$677.3K
Sell OKX live order book, 5 min ago2.69 bp23.2 bp −$23108.4 bp −$1,084doesn't fitdoesn't fit

F on 10 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate F_USDT−0.0028%8h0.003704−0.081%$179K$1.4M25xas long as short
OKX F-USDT-SWAPshort+0.0093%4h0.003704−0.081%$739K$2.2M20x
Aster FUSDT+0.0100%4h0.003709+0.047%$15K$30K5xas long as short
Binance FUSDT+0.0100%4h0.003705−0.046%$4.0M$7.8M50xas long as short
Bybit FUSDT+0.0100%4h0.003705−0.054%$2.4M$2.6M25xas long as short
MEXC F_USDT+0.0100%4h0.003705−0.054%$634K$190K50xas long as short
KuCoin FUSDTM+0.0100%4h0.003706−0.027%$783K$1.3M30xas long as short
Bitget FUSDT+0.0100%4h0.003709+0.054%$510K$1.0M50xas long as short
BingX F-USDTlong+0.0100%4h0.003707long leg$6.6M
Variational Omni F+0.0100%4h0.003716+0.244%$701$379as long as short