Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: OKX against BingX−0.024%7-day average −0.050% · 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−$118as in the Price arb table
costs, in and out, $10k−$1211.210% of the position
Funding, last 7 days−0.286%−$29 on $10k
+Price spread, last 4 days (all we have)+0.122%+$12 · spread now −0.024%, 7d avg −0.050%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.026% dearer against BingX than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.050%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX GMT-USDT | 0.008309 | 0.0100 | pay 0.0050% / 4h | 2h 43m | — | $1.2M | — |
| Short | OKX GMT-USDT-SWAP | 0.008307 | 0.0100 | get 0.0050% / 4h | 2h 43m | $342K | $552K | 20x |
BingX GMT-USDT
OKX GMT-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
- $0
- Price spread: −0.024% → −0.050%
- $2.57
- Slippage, 4 orders
- −$100.97
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$118.4
- Costs to cover
- 1.210%
- Break-even
- never at this rate
Slippage from BingX: live order book, 2 min ago; OKX: live order book, 42 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, 2 min ago | 4.22 bp | 24.0 bp −$24 | 59.5 bp −$595 | 549.8 bp −$55.0K | 816.0 bp −$408.0K |
| Sell OKX live order book, 42 min ago | 3.60 bp | 34.2 bp −$34 | doesn't fit | doesn't fit | doesn't fit |
GMT on 12 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_GMTUSD | −0.1132% | 1h | 0.008310 | +0.010% | $47K | $8K | 20x | as long as short |
| KuCoin GMTUSDTM | +0.0068% | 4h | 0.008290 | −0.229% | $256K | $100K | 50x | as long as short |
| Hyperliquid GMT | +0.0100% | 1h | 0.008314 | +0.060% | $122K | $123K | 3x | as long as short |
| Aster GMTUSDT | +0.0100% | 4h | 0.008309 | 0.000% | $8K | $14K | 10x | as long as short |
| Binance GMTUSDT | +0.0100% | 4h | 0.008312 | +0.039% | $2.6M | $3.0M | 50x | as long as short |
| Bybit GMTUSDT | +0.0100% | 8h | 0.008301 | −0.096% | $1.1M | $1.1M | 50x | as long as short |
| OKX GMT-USDT-SWAPshort | +0.0100% | 4h | 0.008307 | −0.024% | $342K | $552K | 20x | |
| Gate GMT_USDT | +0.0100% | 8h | 0.008320 | +0.132% | $149K | $102K | 50x | as long as short |
| MEXC GMT_USDT | +0.0100% | 4h | 0.008312 | +0.036% | $411K | $181K | 20x | as long as short |
| Bitget GMTUSDT | +0.0100% | 4h | 0.008305 | −0.048% | $668K | $405K | 50x | as long as short |
Kraken Futures PF_GMTUSD
KuCoin GMTUSDTM
Hyperliquid GMT
Aster GMTUSDT
Binance GMTUSDT
Bybit GMTUSDT
Gate GMT_USDT
MEXC GMT_USDT
Bitget GMTUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX GMT-USDTlong | +0.0100% | 4h | 0.008309 | long leg | — | $1.2M | — | |
| Variational Omni GMT | +0.0100% | 8h | 0.008310 | +0.013% | $3K | $5K | — | as long as short |
Variational Omni GMT