Funding you earn now, next payment 04:00 UTC+0.0133%/8h= +14.6% APRpaid last 24h +0.009%
Price spread now: BingX against OKX−0.049%7-day average +0.010% · you buy dearer than you sell
Net, funding: paid 7d − costs−$47as in the Funding arb table
Net, price: spread back to 7d avg − costs−$63as in the Price arb table
costs, in and out, $10k−$570.567% of the position
Funding, last 7 days+0.097%+$10 on $10k
+Price spread, last 7 days+0.070%+$7 · spread now −0.049%, 7d avg +0.010%
=Funding pays, the price is against you. BingX is 0.058% cheaper against OKX than usual: you would sell low and buy high (spread −0.049% now, against its 7-day average of +0.010%). If the spread goes back, that is −$6 on $10k: about 35 hours of funding at the current rate (+$4 a day). At the pace of the last 7 days (+0.097% in total) that is about 4.2 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX FET-USDT-SWAP | 0.2058 | 0.0252 | pay 0.0126% / 4h | 1h 15m | $1.0M | $8.3M | 20x |
| Short | BingX FET-USDT | 0.2057 | 0.0385 | get 0.0385% / 8h | 5h 15m | — | $5.9M | — |
OKX FET-USDT-SWAP
BingX FET-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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
- $27.99
- Price spread: −0.049% → +0.010%
- −$5.85
- Slippage, 4 orders
- −$36.68
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$34.54
- Costs to cover
- 0.567%
- Break-even
- 15.6 days
Slippage from OKX: live order book, 3 min ago; BingX: live order book, 10 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, 3 min ago | 4.85 bp | 19.4 bp −$19 | 57.3 bp −$573 | doesn't fit | doesn't fit |
| Sell BingX live order book, 10 min ago | 4.87 bp | 12.7 bp −$13 | 17.2 bp −$172 | 49.7 bp −$4,968 | 379.5 bp −$189.7K |
FET on 20 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit FET_USDC-PERPETUAL | −0.3626% | 1h | 0.2056 | −0.097% | $39K | $294K | 10x | as long as short |
| Coinbase International FET-PERP-INTX | −0.0872% | 1h | 0.2057 | −0.049% | $151K | $232K | 50x | as long as short |
| gTrade (Gains Network) FET/USD | L +0.0006% / S −0.0015% | 1h | 0.2056 | −0.098% | $23K | — | 150x | as long as short |
| Injective FET/USDC PERP | +0.0033% | 1h | 0.2010 | −2.332% | $3K | $166K | 12x | as long as short |
| Aster FETUSDT | +0.0100% | 8h | 0.2057 | −0.037% | $215K | $771K | 10x | as long as short |
| Binance FETUSDT | +0.0100% | 8h | 0.2057 | −0.070% | $32.0M | $112.3M | 75x | as long as short |
| Gate FET_USDT | +0.0100% | 8h | 0.2055 | −0.146% | $2.8M | $12.5M | 50x | as long as short |
| MEXC FET_USDT | +0.0100% | 8h | 0.2056 | −0.097% | $30.8M | $24.3M | 200x | as long as short |
| KuCoin FETUSDTM | +0.0100% | 8h | 0.2056 | −0.097% | $10.8M | $18.9M | 50x | as long as short |
| Variational Omni FET | +0.0100% | 8h | 0.2060 | +0.102% | $345K | $424K | — | as long as short |
Deribit FET_USDC-PERPETUAL
Coinbase International FET-PERP-INTX
gTrade (Gains Network) FET/USD
Injective FET/USDC PERP
Aster FETUSDT
Binance FETUSDT
Gate FET_USDT
MEXC FET_USDT
KuCoin FETUSDTM
Variational Omni FETShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_FET_USDC | +0.0100% | 8h | 0.2055 | −0.146% | $39K | $7K | 10x | as long as short |
| Extended FET-USD | +0.0104% | 1h | 0.2056 | −0.080% | $34K | $252K | 10x | as long as short |
| Kraken Futures PF_FETUSD | +0.0113% | 1h | 0.2058 | +0.015% | $1.0M | $2.2M | 50x | as long as short |
| GMX FET/USD [ETH-USDC] | L +0.0202% / S −0.0278% | 1h | 0.2057 | −0.048% | $14K | — | 100x | as long as short |
| BloFin FET-USDT | +0.0220% | 8h | 0.2059 | +0.049% | $1.7M | $3.0M | 100x | as long as short |
| OKX FET-USDT-SWAPlong | +0.0252% | 4h | 0.2058 | long leg | $1.0M | $8.3M | 20x | |
| BingX FET-USDTshort | +0.0385% | 8h | 0.2057 | −0.049% | — | $5.9M | — | |
| Bitget FETUSDT | +0.0395% | 8h | 0.2059 | +0.049% | $16.7M | $11.8M | 75x | as long as short |
| Hyperliquid FET | +0.0538% | 1h | 0.2057 | −0.034% | $9.0M | $8.4M | 5x | as long as short |
| Phoenix FET | +0.0669% | 1h | 0.2061 | +0.136% | $36K | $39K | 5x | as long as short |
Orderly PERP_FET_USDC
Extended FET-USD
Kraken Futures PF_FETUSD
GMX FET/USD [ETH-USDC]
BloFin FET-USDT
Bitget FETUSDT
Hyperliquid FET
Phoenix FET