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: Binance against OKX+0.076%7-day average +0.068% · you sell dearer than you buy
Net, funding: paid 7d − costs−$92as in the Funding arb table
Net, price: spread back to 7d avg − costs−$112as in the Price arb table
costs, in and out, $10k−$1131.130% of the position
Funding, last 7 days+0.215%+$21 on $10k
+Price spread, last 4 days (all we have)−0.158%−$16 · spread now +0.076%, 7d avg +0.068%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX GMT-USDT-SWAP | 0.008313 | 0.0100 | pay 0.0050% / 4h | 1h 12m | $344K | $551K | 20x |
| Short | Binance GMTUSDT | 0.008319 | 0.0100 | get 0.0050% / 4h | 1h 12m | $2.6M | $3.0M | 50x |
OKX GMT-USDT-SWAP
Binance GMTUSDTFunding 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: +0.076% → +0.068%
- $0.77
- Slippage, 4 orders
- −$93
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$112.23
- Costs to cover
- 1.130%
- Break-even
- never at this rate
Slippage from OKX: live order book, 3 min ago; Binance: live order book, 8 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 | 1.80 bp | 35.9 bp −$36 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 8 min ago | 1.80 bp | 22.9 bp −$23 | 91.2 bp −$912 | 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 | −0.0998% | 1h | 0.008317 | +0.052% | $45K | $10K | 20x | as long as short |
| KuCoin GMTUSDTM | −0.0004% | 4h | 0.008310 | −0.036% | $252K | $100K | 50x | as long as short |
| Hyperliquid GMT | +0.0100% | 1h | 0.008321 | +0.096% | $122K | $123K | 3x | as long as short |
| Aster GMTUSDT | +0.0100% | 4h | 0.008318 | +0.060% | $8K | $14K | 10x | as long as short |
| Binance GMTUSDTshort | +0.0100% | 4h | 0.008319 | +0.076% | $2.6M | $3.0M | 50x | |
| Bybit GMTUSDT | +0.0100% | 8h | 0.008317 | +0.048% | $1.1M | $1.1M | 50x | as long as short |
| OKX GMT-USDT-SWAPlong | +0.0100% | 4h | 0.008313 | long leg | $344K | $551K | 20x | |
| Gate GMT_USDT | +0.0100% | 8h | 0.008320 | +0.084% | $146K | $105K | 50x | as long as short |
| MEXC GMT_USDT | +0.0100% | 4h | 0.008318 | +0.060% | $421K | $185K | 20x | as long as short |
| Bitget GMTUSDT | +0.0100% | 4h | 0.008312 | −0.012% | $669K | $400K | 50x | as long as short |
Kraken Futures PF_GMTUSD
KuCoin GMTUSDTM
Hyperliquid GMT
Aster 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-USDT | +0.0100% | 4h | 0.008315 | +0.024% | — | $1.2M | — | as long as short |
| Variational Omni GMT | +0.0100% | 8h | 0.008311 | −0.025% | $3K | $5K | — | as long as short |
BingX GMT-USDT
Variational Omni GMT