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: Binance against OKX+0.093%7-day average −0.011% · you sell dearer than you buy
Net, funding: paid 7d − costs−$173as in the Funding arb table
Net, price: spread back to 7d avg − costs−$74as in the Price arb table
costs, in and out, $10k−$840.841% of the position
Funding, last 7 days−0.887%−$89 on $10k
+Price spread, last 7 days−0.186%−$19 · spread now +0.093%, 7d avg −0.011%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.104% dearer against OKX than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of −0.011%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX F-USDT-SWAP | 0.003713 | 0.0100 | pay 0.0050% / 4h | 1h 49m | $738K | $2.2M | 20x |
| Short | Binance FUSDT | 0.003716 | 0.0100 | get 0.0050% / 4h | 1h 49m | $4.0M | $7.6M | 50x |
OKX F-USDT-SWAP
Binance FUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against OKX. 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: +0.093% → −0.011%
- $10.42
- Slippage, 4 orders
- −$64.12
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$73.7
- Costs to cover
- 0.841%
- Break-even
- never at this rate
Slippage from OKX: live order book, 2 min ago; Binance: 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 OKX live order book, 2 min ago | 1.35 bp | 21.6 bp −$22 | 132.0 bp −$1,320 | doesn't fit | doesn't fit |
| Sell Binance live order book, 4 min ago | 1.35 bp | 23.2 bp −$23 | 62.0 bp −$620 | 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 | +0.0023% | 8h | 0.003715 | +0.054% | $179K | $1.3M | 25x | as long as short |
| Aster FUSDT | +0.0100% | 4h | 0.003714 | +0.037% | $15K | $24K | 5x | as long as short |
| Binance FUSDTshort | +0.0100% | 4h | 0.003716 | +0.093% | $4.0M | $7.6M | 50x | |
| Bybit FUSDT | +0.0100% | 4h | 0.003715 | +0.054% | $2.4M | $2.6M | 25x | as long as short |
| OKX F-USDT-SWAPlong | +0.0100% | 4h | 0.003713 | long leg | $738K | $2.2M | 20x | |
| MEXC F_USDT | +0.0100% | 4h | 0.003717 | +0.108% | $636K | $179K | 50x | as long as short |
| KuCoin FUSDTM | +0.0100% | 4h | 0.003715 | +0.054% | $781K | $1.3M | 30x | as long as short |
| Bitget FUSDT | +0.0100% | 4h | 0.003716 | +0.081% | $494K | $999K | 50x | as long as short |
| BingX F-USDT | +0.0100% | 4h | 0.003715 | +0.054% | — | $6.6M | — | as long as short |
| Variational Omni F | +0.0100% | 4h | 0.003712 | −0.022% | $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