Funding you earn now, next payment 08:00 UTC+0.0050%/8h= +5.5% APRnext payment +$0.25 per $10,000 · paid last 24h −0.018%
Price spread now: Binance against OKX+0.230%7-day average +0.056% · you sell dearer than you buy
Net, funding: paid 7d − costs−$160as in the Funding arb table
Net, price: spread back to 7d avg − costs−$139as in the Price arb table
costs, in and out, $10k−$1561.561% of the position
Funding, last 7 days−0.041%−$4 on $10k
+Price spread, last 7 days−0.145%−$14 · spread now +0.230%, 7d avg +0.056%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Binance is 0.174% dearer against OKX than usual: you sell high and buy low: +$17 more if the spread goes back to its 7-day average of +0.056%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX JELLYJELLY-USDT-SWAP | 0.05650 | 0.0100 | pay 0.0050% / 4h | 58m 35s | $1.3M | $468K | 10x |
| Short | Binance JELLYJELLYUSDT | 0.05663 | 0.0150 | get 0.0075% / 4h | 58m 35s | $4.4M | $1.7M | 25x |
OKX JELLYJELLY-USDT-SWAP
Binance JELLYJELLYUSDTFunding 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
- $10.47
- Price spread: +0.230% → +0.056%
- $17.37
- Slippage, 4 orders
- −$136.12
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$128.27
- Costs to cover
- 1.561%
- Break-even
- 92.7 days
Slippage from OKX: live order book, 3 min ago; Binance: live order book, 8 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, 3 min ago | 6.18 bp | 37.0 bp −$37 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 8 min ago | 0.88 bp | 32.6 bp −$33 | 321.5 bp −$3,215 | doesn't fit | doesn't fit |
JELLYJELLY on 9 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 JELLYJELLY-USDT | +0.0096% | 4h | 0.05666 | +0.283% | $270K | $16K | 20x | as long as short |
| Bybit JELLYJELLYUSDT | +0.0100% | 4h | 0.05662 | +0.219% | $2.4M | $1.1M | 20x | as long as short |
| OKX JELLYJELLY-USDT-SWAPlong | +0.0100% | 4h | 0.05650 | long leg | $1.3M | $468K | 10x | |
| Gate JELLYJELLY_USDT | +0.0100% | 4h | 0.05657 | +0.124% | $2.4M | $137K | 20x | as long as short |
| Aster JELLYJELLYUSDT | +0.0149% | 4h | 0.05664 | +0.247% | $36K | $12K | 5x | as long as short |
| Binance JELLYJELLYUSDTshort | +0.0150% | 4h | 0.05663 | +0.230% | $4.4M | $1.7M | 25x | |
| MEXC JELLYJELLY_USDT | +0.0158% | 4h | 0.05662 | +0.212% | $433K | $146K | 20x | as long as short |
| Extended JELLYJELLY-USD | +0.0160% | 1h | 0.05661 | +0.200% | $5K | $179K | 5x | as long as short |
| KuCoin JELLYJELLYUSDTM | +0.0710% | 4h | 0.05663 | +0.227% | $8.2M | $1.3M | 20x | as long as short |
BloFin JELLYJELLY-USDT
Bybit JELLYJELLYUSDT
Gate JELLYJELLY_USDT
Aster JELLYJELLYUSDT
MEXC JELLYJELLY_USDT
Extended JELLYJELLY-USD
KuCoin JELLYJELLYUSDTM