Funding you earn now, next payment 08:00 UTC+0.0504%/8h= +55.2% APRnext payment +$2.52 per $10,000 · paid last 24h +0.065%
Price spread now: OKX against BingX+0.267%7-day average +0.017% · you sell dearer than you buy
Net, funding: paid 7d − costs−$58as in the Funding arb table
Net, price: spread back to 7d avg − costs−$46as in the Price arb table
costs, in and out, $10k−$710.709% of the position
Funding, last 7 days+0.134%+$13 on $10k
+Price spread, last 7 days−0.286%−$29 · spread now +0.267%, 7d avg +0.017%
=Both sides work for this trade now. Funding pays +$15 a day on $10k at the current rate, and OKX is 0.250% dearer against BingX than usual: you sell high and buy low: +$25 more if the spread goes back to its 7-day average of +0.017%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.134% in total (about 7.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.52 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 | BingX HOME-USDT | 0.006733 | 0.0070 | pay 0.0035% / 4h | 2h 36m | — | $6.6M | — |
| Short | OKX HOME-USDT-SWAP | 0.006751 | 0.0574 | get 0.0287% / 4h | 2h 36m | $1.9M | $5.6M | 20x |
BingX HOME-USDT
OKX HOME-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
- $105.9
- Price spread: +0.267% → +0.017%
- $25.02
- Slippage, 4 orders
- −$50.94
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- $59.98
- Costs to cover
- 0.709%
- Break-even
- 3.0 days
Slippage from BingX: live order book, 10 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, 10 min ago | 2.98 bp | 13.2 bp −$13 | 62.1 bp −$621 | doesn't fit | doesn't fit |
| Sell OKX live order book, 1 min ago | 0.74 bp | 22.0 bp −$22 | 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-USDTlong | +0.0070% | 4h | 0.006733 | long leg | — | $6.6M | — | |
| Aster HOMEUSDT | +0.0100% | 4h | 0.006736 | +0.045% | $49K | $38K | 5x | as long as short |
| Binance HOMEUSDT | +0.0100% | 4h | 0.006734 | +0.015% | $4.7M | $11.2M | 50x | as long as short |
| Bybit HOMEUSDT | +0.0100% | 4h | 0.006734 | +0.015% | $3.2M | $4.0M | 25x | as long as short |
| Gate HOME_USDT | +0.0100% | 4h | 0.006730 | −0.045% | $446K | $1.6M | 75x | as long as short |
| KuCoin HOMEUSDTM | +0.0100% | 4h | 0.006741 | +0.119% | $2.9M | $137K | 30x | as long as short |
| Bitget HOMEUSDT | +0.0100% | 4h | 0.006732 | −0.015% | $1.2M | $1.3M | 20x | as long as short |
| Variational Omni HOME | +0.0100% | 4h | 0.006744 | +0.162% | $7K | $2K | — | as long as short |
| BloFin HOME-USDT | +0.0138% | 4h | 0.006753 | +0.297% | $288K | $30K | 50x | as long as short |
| MEXC HOME_USDT | +0.0254% | 4h | 0.006732 | −0.015% | $388K | $155K | 20x | as long as short |
Aster HOMEUSDT
Binance HOMEUSDT
Bybit HOMEUSDT
Gate HOME_USDT
KuCoin HOMEUSDTM
Bitget HOMEUSDT
Variational Omni HOME
BloFin HOME-USDT
MEXC HOME_USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX HOME-USDT-SWAPshort | +0.0574% | 4h | 0.006751 | +0.267% | $1.9M | $5.6M | 20x |