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: BingX against OKX−0.267%7-day average −0.017% · you buy dearer than you sell
Net, funding: paid 7d − costs−$84as in the Funding arb table
Net, price: spread back to 7d avg − costs−$96as 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 against this trade now: funding costs −$15 a day on $10k at the current rate, and BingX is 0.249% cheaper against OKX than usual: you would sell low and buy high (−$25 if the spread goes back to its 7-day average of −0.017%). Swap the legs.
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 | OKX HOME-USDT-SWAP | 0.006751 | 0.0574 | pay 0.0287% / 4h | 2h 36m | $1.9M | $5.6M | 20x |
| Short | BingX HOME-USDT | 0.006733 | 0.0070 | get 0.0035% / 4h | 2h 36m | — | $6.6M | — |
OKX HOME-USDT-SWAP
BingX HOME-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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
- −$105.9
- Price spread: −0.267% → −0.017%
- −$24.95
- Slippage, 4 orders
- −$50.94
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$201.8
- Costs to cover
- 0.709%
- Break-even
- never at this rate
Slippage from OKX: live order book, 1 min ago; BingX: live order book, 10 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, 1 min ago | 0.74 bp | 22.7 bp −$23 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 10 min ago | 2.98 bp | 13.1 bp −$13 | 46.2 bp −$462 | 892.3 bp −$89.2K | 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-USDTshort | +0.0070% | 4h | 0.006733 | −0.267% | — | $6.6M | — | |
| Aster HOMEUSDT | +0.0100% | 4h | 0.006736 | −0.222% | $49K | $38K | 5x | as long as short |
| Binance HOMEUSDT | +0.0100% | 4h | 0.006734 | −0.252% | $4.7M | $11.2M | 50x | as long as short |
| Bybit HOMEUSDT | +0.0100% | 4h | 0.006734 | −0.252% | $3.2M | $4.0M | 25x | as long as short |
| Gate HOME_USDT | +0.0100% | 4h | 0.006730 | −0.311% | $446K | $1.6M | 75x | as long as short |
| KuCoin HOMEUSDTM | +0.0100% | 4h | 0.006741 | −0.148% | $2.9M | $137K | 30x | as long as short |
| Bitget HOMEUSDT | +0.0100% | 4h | 0.006732 | −0.281% | $1.2M | $1.3M | 20x | as long as short |
| Variational Omni HOME | +0.0100% | 4h | 0.006744 | −0.105% | $7K | $2K | — | as long as short |
| BloFin HOME-USDT | +0.0138% | 4h | 0.006753 | +0.030% | $288K | $30K | 50x | as long as short |
| MEXC HOME_USDT | +0.0254% | 4h | 0.006732 | −0.281% | $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-SWAPlong | +0.0574% | 4h | 0.006751 | long leg | $1.9M | $5.6M | 20x |