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
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%
=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%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX F-USDT | 0.003707 | 0.0100 | pay 0.0050% / 4h | 2h 57m | — | $6.6M | — |
| Short | OKX F-USDT-SWAP | 0.003704 | 0.0093 | get 0.0047% / 4h | 2h 57m | $739K | $2.2M | 20x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy BingX live order book, 10 min ago | 4.04 bp | 18.1 bp −$18 | 47.9 bp −$479 | 866.1 bp −$86.6K | 1354.6 bp −$677.3K |
| Sell OKX live order book, 5 min ago | 2.69 bp | 23.2 bp −$23 | 108.4 bp −$1,084 | 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 | −0.0028% | 8h | 0.003704 | −0.081% | $179K | $1.4M | 25x | as long as short |
| OKX F-USDT-SWAPshort | +0.0093% | 4h | 0.003704 | −0.081% | $739K | $2.2M | 20x | |
| Aster FUSDT | +0.0100% | 4h | 0.003709 | +0.047% | $15K | $30K | 5x | as long as short |
| Binance FUSDT | +0.0100% | 4h | 0.003705 | −0.046% | $4.0M | $7.8M | 50x | as long as short |
| Bybit FUSDT | +0.0100% | 4h | 0.003705 | −0.054% | $2.4M | $2.6M | 25x | as long as short |
| MEXC F_USDT | +0.0100% | 4h | 0.003705 | −0.054% | $634K | $190K | 50x | as long as short |
| KuCoin FUSDTM | +0.0100% | 4h | 0.003706 | −0.027% | $783K | $1.3M | 30x | as long as short |
| Bitget FUSDT | +0.0100% | 4h | 0.003709 | +0.054% | $510K | $1.0M | 50x | as long as short |
| BingX F-USDTlong | +0.0100% | 4h | 0.003707 | long leg | — | $6.6M | — | |
| Variational Omni F | +0.0100% | 4h | 0.003716 | +0.244% | $701 | $379 | — | as long as short |
BingX F-USDT
OKX F-USDT-SWAP
Gate F_USDT
Aster FUSDT
Binance FUSDT
Bybit FUSDT
MEXC F_USDT
KuCoin FUSDTM
Bitget FUSDT
Variational Omni F