Funding you earn now, next payment 08:00 UTC+0.0244%/8h= +26.7% APRnext payment +$1.22 per $10,000 · paid last 24h +0.160%
Price spread now: OKX against Binance+0.005%7-day average −0.017% · you sell dearer than you buy
Net, funding: paid 7d − costs−$71as in the Funding arb table
Net, price: spread back to 7d avg − costs−$72as in the Price arb table
costs, in and out, $10k−$740.738% of the position
Funding, last 7 days+0.028%+$3 on $10k
+Price spread, last 7 days−0.113%−$11 · spread now +0.005%, 7d avg −0.017%
=Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and OKX is 0.022% dearer against Binance than usual: you sell high and buy low: +$2 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 0.028% in total (about 1.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.22 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 | Binance LAUSDT | 0.07417 | −0.0144 | get 0.0072% / 4h | 3h 11m | $4.7M | $9.7M | 25x |
| Short | OKX LA-USDT-SWAP | 0.07417 | 0.0100 | get 0.0050% / 4h | 3h 11m | $1.3M | $3.0M | 20x |
Binance LAUSDT
OKX LA-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against Binance. 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
- $51.2
- Price spread: +0.005% → −0.017%
- $2.2
- Slippage, 4 orders
- −$53.8
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$20.41
- Costs to cover
- 0.738%
- Break-even
- 9.8 days
Slippage from Binance: live order book, 13 min ago; OKX: live order book, 5 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 Binance live order book, 13 min ago | 0.68 bp | 14.9 bp −$15 | 58.2 bp −$582 | doesn't fit | doesn't fit |
| Sell OKX live order book, 5 min ago | 2.02 bp | 18.7 bp −$19 | doesn't fit | doesn't fit | doesn't fit |
LA 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget LAUSDT | −0.0520% | 4h | 0.07411 | −0.076% | $2.0M | $474K | 25x | as long as short |
| BingX LA-USDT | −0.0504% | 4h | 0.07420 | +0.046% | — | $6.6M | — | as long as short |
| Aster LAUSDT | −0.0271% | 4h | 0.07421 | +0.060% | $51K | $25K | 5x | as long as short |
| BloFin LA-USDT | −0.0165% | 4h | 0.07417 | +0.005% | $246K | $20K | 25x | as long as short |
| Binance LAUSDTlong | −0.0144% | 4h | 0.07417 | long leg | $4.7M | $9.7M | 25x | |
| MEXC LA_USDT | −0.0142% | 4h | 0.07417 | +0.005% | $376K | $134K | 50x | as long as short |
| KuCoin LAUSDTM | −0.0012% | 4h | 0.07420 | +0.046% | $1.0M | $82K | 30x | as long as short |
| Bybit LAUSDT | +0.0100% | 4h | 0.07428 | +0.154% | $2.4M | $2.6M | 25x | as long as short |
| OKX LA-USDT-SWAPshort | +0.0100% | 4h | 0.07417 | +0.005% | $1.3M | $3.0M | 20x | |
| Gate LA_USDT | +0.0100% | 4h | 0.07417 | +0.005% | $238K | $832K | 50x | as long as short |
Bitget LAUSDT
BingX LA-USDT
Aster LAUSDT
BloFin LA-USDT
MEXC LA_USDT
KuCoin LAUSDTM
Bybit LAUSDT
Gate LA_USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT LA_USDT_Perp | +0.0100% | 4h | 0.07410 | −0.089% | $146K | $460K | 10x | as long as short |
GRVT LA_USDT_Perp