Funding you earn now, next payment 08:00 UTC+0.1064%/8h= +116.5% APRnext payment +$5.32 per $10,000 · paid last 24h +0.056%
Price spread now: OKX against Binance+0.182%7-day average +0.032% · you sell dearer than you buy
Net, funding: paid 7d − costs−$80as in the Funding arb table
Net, price: spread back to 7d avg − costs−$68as in the Price arb table
costs, in and out, $10k−$830.833% of the position
Funding, last 7 days+0.038%+$4 on $10k
+Price spread, last 7 days−0.189%−$19 · spread now +0.182%, 7d avg +0.032%
=Both sides work for this trade now. Funding pays +$32 a day on $10k at the current rate, and OKX is 0.151% dearer against Binance than usual: you sell high and buy low: +$15 more if the spread goes back to its 7-day average of +0.032%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.038% in total (about 2.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$5.32 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance HOMEUSDT | 0.006578 | 0.0187 | pay 0.0093% / 4h | 1h 06m | $4.6M | $11.1M | 50x |
| Short | OKX HOME-USDT-SWAP | 0.006590 | 0.1251 | get 0.0626% / 4h | 1h 06m | $1.9M | $5.2M | 20x |
Binance HOMEUSDT
OKX HOME-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against Binance. 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
- $223.48
- Price spread: +0.182% → +0.032%
- $15.07
- Slippage, 4 orders
- −$63.3
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- $155.25
- Costs to cover
- 0.833%
- Break-even
- 2.1 days
Slippage from Binance: live order book, 3 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 Binance live order book, 3 min ago | 0.76 bp | 19.9 bp −$20 | 130.9 bp −$1,309 | doesn't fit | doesn't fit |
| Sell OKX live order book, 1 min ago | 0.76 bp | 23.3 bp −$23 | doesn't fit | doesn't fit | doesn't fit |
HOME on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX HOME-USDT | +0.0070% | 4h | 0.006577 | −0.015% | — | $6.6M | — | as long as short |
| Bybit HOMEUSDT | +0.0100% | 4h | 0.006576 | −0.030% | $3.5M | $4.1M | 25x | as long as short |
| Gate HOME_USDT | +0.0100% | 4h | 0.006570 | −0.122% | $432K | $1.6M | 75x | as long as short |
| KuCoin HOMEUSDTM | +0.0100% | 4h | 0.006577 | −0.015% | $2.8M | $129K | 30x | as long as short |
| Bitget HOMEUSDT | +0.0100% | 4h | 0.006579 | +0.015% | $1.2M | $1.1M | 20x | as long as short |
| Variational Omni HOME | +0.0100% | 4h | 0.006567 | −0.163% | $7K | $2K | — | as long as short |
| BloFin HOME-USDT | +0.0130% | 4h | 0.006586 | +0.122% | $293K | $27K | 50x | as long as short |
| Binance HOMEUSDTlong | +0.0187% | 4h | 0.006578 | long leg | $4.6M | $11.1M | 50x | |
| MEXC HOME_USDT | +0.0290% | 4h | 0.006571 | −0.106% | $374K | $157K | 20x | as long as short |
| Aster HOMEUSDT | +0.0292% | 4h | 0.006580 | +0.030% | $49K | $36K | 5x | as long as short |
BingX HOME-USDT
Bybit HOMEUSDT
Gate HOME_USDT
KuCoin HOMEUSDTM
Bitget HOMEUSDT
Variational Omni HOME
BloFin HOME-USDT
MEXC HOME_USDT
Aster HOMEUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX HOME-USDT-SWAPshort | +0.1251% | 4h | 0.006590 | +0.182% | $1.9M | $5.2M | 20x |