Funding you earn now, next payment 00:00 UTC−0.0051%/8h= −5.5% APRnext payment −$0.51 per $10,000 · paid last 24h −0.031%
Price spread now: OKX against BingX−0.051%7-day average −0.002% · you buy dearer than you sell
Net, funding: paid 7d − costs−$43as in the Funding arb table
Net, price: spread back to 7d avg − costs−$36as in the Price arb table
costs, in and out, $10k−$310.308% of the position
Funding, last 7 days−0.123%−$12 on $10k
+Price spread, last 7 days+0.064%+$6 · spread now −0.051%, 7d avg −0.002%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and OKX is 0.048% cheaper against BingX than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.002%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX FIL-USDT | 0.9870 | 0.0080 | pay 0.0080% / 8h | 1h 37m | — | $11.9M | — |
| Short | OKX FIL-USDT-SWAP | 0.9865 | 0.0029 | get 0.0029% / 8h | 1h 37m | $18.1M | $96.9M | 50x |
BingX FIL-USDT
OKX FIL-USDT-SWAPFunding 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
- −$10.61
- Price spread: −0.051% → −0.002%
- −$4.84
- Slippage, 4 orders
- −$10.8
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$46.25
- Costs to cover
- 0.308%
- Break-even
- never at this rate
Slippage from BingX: live order book, 16 min ago; OKX: live order book, 1 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, 16 min ago | 1.02 bp | 6.0 bp −$6 | 8.2 bp −$82 | 18.8 bp −$1,877 | 44.7 bp −$22.3K |
| Sell OKX live order book, 1 min ago | 0.51 bp | 8.3 bp −$8 | 18.1 bp −$181 | 74.0 bp −$7,403 | doesn't fit |
FIL on 29 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_FILUSD | −0.0695% | 1h | 0.9878 | +0.086% | $1.4M | $2.3M | 50x | as long as short |
| Deribit FIL_USDC-PERPETUAL | −0.0660% | 1h | 0.9877 | +0.071% | $170K | $23K | 25x | as long as short |
| Coinbase International FIL-PERP-INTX | −0.0376% | 1h | 0.9873 | +0.030% | $316K | $1.9M | 50x | as long as short |
| Injective FIL/USDC PERP | −0.0252% | 1h | 0.9855 | −0.152% | $2K | $240K | 12x | as long as short |
| Lighter FIL | −0.0024% | 1h | 0.9864 | −0.061% | $158K | $349K | 5x | as long as short |
| Bitget FILUSDT | −0.0018% | 8h | 0.9865 | −0.051% | $11.0M | $21.4M | 75x | as long as short |
| gTrade (Gains Network) FIL/USD | L −0.0004% / S +0.0006% | 1h | 0.9886 | +0.164% | $25K | — | 150x | as long as short |
| Bybit FILUSDT | −0.0002% | 8h | 0.9869 | −0.010% | $15.5M | $18.0M | 25x | as long as short |
| dYdX FIL-USD | 0.0000% | 1h | 0.9871 | +0.006% | $58K | $2K | 10x | as long as short |
| KuCoin FILUSDTM | +0.0011% | 8h | 0.9866 | −0.041% | $7.4M | $7.0M | 50x | as long as short |
Kraken Futures PF_FILUSD
Deribit FIL_USDC-PERPETUAL
Coinbase International FIL-PERP-INTX
Injective FIL/USDC PERP
Lighter FIL
Bitget FILUSDT
gTrade (Gains Network) FIL/USD
Bybit FILUSDT
dYdX FIL-USD
KuCoin FILUSDTMShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX FIL-USDT-SWAPshort | +0.0029% | 8h | 0.9865 | −0.051% | $18.1M | $96.9M | 50x | |
| MEXC FIL_USDC | +0.0074% | 8h | 0.9864 | −0.061% | $251K | $104K | 50x | as long as short |
| Binance FILUSDT | +0.0078% | 8h | 0.9868 | −0.020% | $56.8M | $174.9M | 75x | as long as short |
| Extended FIL-USD | +0.0080% | 1h | 0.9866 | −0.038% | $689K | $2.3M | 10x | as long as short |
| BingX FIL-USDTlong | +0.0080% | 8h | 0.9870 | long leg | — | $11.9M | — | |
| Variational Omni FIL | +0.0091% | 8h | 0.9897 | +0.277% | $441K | $277K | — | as long as short |
| Hyperliquid FIL | +0.0100% | 1h | 0.9868 | −0.022% | $8.6M | $9.4M | 5x | as long as short |
| Aster FILUSDT | +0.0100% | 8h | 0.9875 | +0.053% | $488K | $525K | 20x | as long as short |
| Gate FIL_USDT | +0.0100% | 8h | 0.9866 | −0.041% | $7.8M | $16.2M | 50x | as long as short |
| edgeX FILUSDC | +0.0100% | 4h | 0.9884 | +0.140% | $45K | $293K | 10x | as long as short |
| GRVT FIL_USDT_Perp | +0.0100% | 8h | 0.9885 | +0.147% | $287K | $803K | 10x | as long as short |
| ApeX Omni FILUSDT | +0.0100% | 1h | 0.9890 | +0.203% | $30K | $198K | 50x | as long as short |
| Orderly PERP_FIL_USDC_mythos | +0.0100% | 4h | 0.9889 | +0.198% | $5K | — | 10x | as long as short |
| SunX FIL-USDT | +0.0100% | 8h | 0.9870 | 0.000% | $3K | $1.1M | 20x | as long as short |
| SoDEX FIL-USD | +0.0100% | 1h | 0.9875 | +0.051% | $482 | $11K | 5x | as long as short |
| HTX FIL-USDT | +0.0100% | 8h | 0.9890 | +0.203% | $626K | $5.6M | 75x | as long as short |
| Phemex FILUSDT | +0.0100% | 8h | 0.9870 | 0.000% | $1.1M | $2.3M | 50x | as long as short |
| BloFin FIL-USDT | +0.0200% | 8h | 0.9887 | +0.172% | $2.6M | $656K | 75x | as long as short |
| GMX FIL/USD [WBTC.b-USDC] | L +0.0617% / S −0.0742% | 1h | 0.9886 | +0.160% | $214K | — | 100x | as long as short |
MEXC FIL_USDC
Binance FILUSDT
Extended FIL-USD
Variational Omni FIL
Hyperliquid FIL
Aster FILUSDT
Gate FIL_USDT
edgeX FILUSDC
GRVT FIL_USDT_Perp
ApeX Omni FILUSDT
Orderly PERP_FIL_USDC_mythos
SunX FIL-USDT
SoDEX FIL-USD
HTX FIL-USDT
Phemex FILUSDT
BloFin FIL-USDT
GMX FIL/USD [WBTC.b-USDC]