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: OKX against BingX+0.037%7-day average +0.043% · you sell dearer than you buy
Net, funding: paid 7d − costs−$148as in the Funding arb table
Net, price: spread back to 7d avg − costs−$149as in the Price arb table
costs, in and out, $10k−$1481.484% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)+0.187%+$19 · spread now +0.037%, 7d avg +0.043%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX INIT-USDT | 0.08180 | 0.0100 | pay 0.0050% / 4h | 3h 29m | — | $6.6M | — |
| Short | OKX INIT-USDT-SWAP | 0.08183 | 0.0100 | get 0.0050% / 4h | 3h 29m | $133K | $633K | 10x |
BingX INIT-USDT
OKX INIT-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
- $0
- Price spread: +0.037% → +0.043%
- −$0.63
- Slippage, 4 orders
- −$128.41
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$149.04
- Costs to cover
- 1.484%
- Break-even
- never at this rate
Slippage from BingX: live order book, 18 min ago; OKX: live order book, 17 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, 18 min ago | 6.15 bp | 28.3 bp −$28 | 76.5 bp −$765 | 525.9 bp −$52.6K | 822.8 bp −$411.4K |
| Sell OKX live order book, 17 min ago | 4.30 bp | 40.7 bp −$41 | doesn't fit | doesn't fit | doesn't fit |
INIT on 13 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 INIT-USDT | +0.0072% | 4h | 0.08189 | +0.110% | $155K | $110K | 25x | as long as short |
| Hyperliquid INIT | +0.0100% | 1h | 0.08183 | +0.035% | $296K | $238K | 3x | as long as short |
| Aster INITUSDT | +0.0100% | 4h | 0.08180 | +0.002% | $27K | $36K | 5x | as long as short |
| Binance INITUSDT | +0.0100% | 4h | 0.08188 | +0.098% | $3.4M | $3.6M | 25x | as long as short |
| Bybit INITUSDT | +0.0100% | 4h | 0.08171 | −0.110% | $1.4M | $1.4M | 25x | as long as short |
| OKX INIT-USDT-SWAPshort | +0.0100% | 4h | 0.08183 | +0.037% | $133K | $633K | 10x | |
| Gate INIT_USDT | +0.0100% | 8h | 0.08176 | −0.049% | $83K | $56K | 25x | as long as short |
| MEXC INIT_USDT | +0.0100% | 4h | 0.08187 | +0.086% | $445K | $216K | 20x | as long as short |
| KuCoin INITUSDTM | +0.0100% | 4h | 0.08192 | +0.147% | $326K | $56K | 25x | as long as short |
| Bitget INITUSDT | +0.0100% | 4h | 0.08179 | −0.012% | $427K | $312K | 25x | as long as short |
BloFin INIT-USDT
Hyperliquid INIT
Aster INITUSDT
Binance INITUSDT
Bybit INITUSDT
Gate INIT_USDT
MEXC INIT_USDT
KuCoin INITUSDTM
Bitget INITUSDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX INIT-USDTlong | +0.0100% | 4h | 0.08180 | long leg | — | $6.6M | — | |
| Variational Omni INIT | +0.0100% | 4h | 0.08170 | −0.124% | $26K | $23K | — | as long as short |
| Kraken Futures PF_INITUSD | +0.1077% | 1h | 0.08189 | +0.105% | $6K | $18K | 10x | as long as short |
Variational Omni INIT
Kraken Futures PF_INITUSD