Funding you earn now, next payment 08:00 UTC−0.0862%/8h= −94.4% APRnext payment −$4.31 per $10,000 · paid last 24h −0.056%
Price spread now: Binance against OKX−0.224%7-day average −0.030% · you buy dearer than you sell
Net, funding: paid 7d − costs−$87as in the Funding arb table
Net, price: spread back to 7d avg − costs−$102as in the Price arb table
costs, in and out, $10k−$830.831% of the position
Funding, last 7 days−0.038%−$4 on $10k
+Price spread, last 7 days+0.220%+$22 · spread now −0.224%, 7d avg −0.030%
=Both sides work against this trade now: funding costs −$26 a day on $10k at the current rate, and Binance is 0.194% cheaper against OKX than usual: you would sell low and buy high (−$19 if the spread goes back to its 7-day average of −0.030%). Swap the legs.
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 −$4.31 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 | OKX HOME-USDT-SWAP | 0.006705 | 0.0962 | pay 0.0481% / 4h | 1h 58m | $1.9M | $5.4M | 20x |
| Short | Binance HOMEUSDT | 0.006690 | 0.0100 | get 0.0050% / 4h | 1h 58m | $4.7M | $11.1M | 50x |
OKX HOME-USDT-SWAP
Binance HOMEUSDTFunding 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
- −$181
- Price spread: −0.224% → −0.030%
- −$19.36
- Slippage, 4 orders
- −$63.13
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$283.49
- Costs to cover
- 0.831%
- Break-even
- never at this rate
Slippage from OKX: live order book, 4 min ago; Binance: live order book, 11 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, 4 min ago | 1.49 bp | 25.3 bp −$25 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 11 min ago | 1.50 bp | 20.1 bp −$20 | 124.5 bp −$1,245 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin HOME-USDT | +0.0061% | 4h | 0.006681 | −0.358% | $291K | $28K | 50x | as long as short |
| BingX HOME-USDT | +0.0070% | 4h | 0.006685 | −0.298% | — | $6.6M | — | as long as short |
| Aster HOMEUSDT | +0.0100% | 4h | 0.006690 | −0.224% | $49K | $37K | 5x | as long as short |
| Binance HOMEUSDTshort | +0.0100% | 4h | 0.006690 | −0.224% | $4.7M | $11.1M | 50x | |
| Bybit HOMEUSDT | +0.0100% | 4h | 0.006691 | −0.209% | $3.3M | $4.1M | 25x | as long as short |
| Gate HOME_USDT | +0.0100% | 4h | 0.006680 | −0.373% | $438K | $1.5M | 75x | as long as short |
| KuCoin HOMEUSDTM | +0.0100% | 4h | 0.006681 | −0.358% | $2.8M | $133K | 30x | as long as short |
| Bitget HOMEUSDT | +0.0100% | 4h | 0.006683 | −0.328% | $1.2M | $1.2M | 20x | as long as short |
| Variational Omni HOME | +0.0100% | 4h | 0.006692 | −0.197% | $7K | $2K | — | as long as short |
| MEXC HOME_USDT | +0.0212% | 4h | 0.006688 | −0.254% | $390K | $151K | 20x | as long as short |
BloFin HOME-USDT
BingX HOME-USDT
Aster HOMEUSDT
Bybit HOMEUSDT
Gate HOME_USDT
KuCoin HOMEUSDTM
Bitget HOMEUSDT
Variational Omni HOME
MEXC HOME_USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX HOME-USDT-SWAPlong | +0.0962% | 4h | 0.006705 | long leg | $1.9M | $5.4M | 20x |