Funding you earn now, next payment 12:00 UTC+0.0116%/8h= +12.7% APRnext payment +$0.58 per $10,000 · paid last 24h +0.153%
Price spread now: OKX against BingX−0.013%7-day average −0.020% · you buy dearer than you sell
Net, funding: paid 7d − costs−$13as in the Funding arb table
Net, price: spread back to 7d avg − costs−$67as in the Price arb table
costs, in and out, $10k−$680.677% of the position
Funding, last 7 days+0.549%+$55 on $10k
+Price spread, last 7 days−0.048%−$5 · spread now −0.013%, 7d avg −0.020%
=The price spread sits at its 7-day average of −0.020%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX LA-USDT | 0.07535 | −0.0016 | get 0.0008% / 4h | 3h 40m | — | $6.6M | — |
| Short | OKX LA-USDT-SWAP | 0.07534 | 0.0100 | get 0.0050% / 4h | 3h 40m | $1.4M | $2.5M | 20x |
BingX LA-USDT
OKX LA-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
- $24.36
- Price spread: −0.013% → −0.020%
- $0.63
- Slippage, 4 orders
- −$47.71
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$42.72
- Costs to cover
- 0.677%
- Break-even
- 19.3 days
Slippage from BingX: live order book, 12 min ago; OKX: live order book, 2 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, 12 min ago | 1.99 bp | 12.1 bp −$12 | 25.3 bp −$253 | 607.8 bp −$60.8K | 1258.3 bp −$629.1K |
| Sell OKX live order book, 2 min ago | 1.99 bp | 19.1 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin LAUSDTM | −0.0032% | 4h | 0.07529 | −0.080% | $1.0M | $73K | 30x | as long as short |
| Bitget LAUSDT | −0.0018% | 4h | 0.07531 | −0.053% | $2.1M | $384K | 25x | as long as short |
| BingX LA-USDTlong | −0.0016% | 4h | 0.07535 | long leg | — | $6.6M | — | |
| Gate LA_USDT | +0.0028% | 4h | 0.07537 | +0.027% | $225K | $788K | 50x | as long as short |
| Aster LAUSDT | +0.0079% | 4h | 0.07536 | +0.011% | $52K | $24K | 5x | as long as short |
| Binance LAUSDT | +0.0100% | 4h | 0.07537 | +0.031% | $4.9M | $8.4M | 25x | as long as short |
| Bybit LAUSDT | +0.0100% | 4h | 0.07540 | +0.066% | $2.5M | $2.2M | 25x | as long as short |
| OKX LA-USDT-SWAPshort | +0.0100% | 4h | 0.07534 | −0.013% | $1.4M | $2.5M | 20x | |
| MEXC LA_USDT | +0.0100% | 4h | 0.07538 | +0.040% | $387K | $132K | 50x | as long as short |
| GRVT LA_USDT_Perp | +0.0100% | 4h | 0.07530 | −0.066% | $142K | $426K | 10x | as long as short |
KuCoin LAUSDTM
Bitget LAUSDT
Gate LA_USDT
Aster LAUSDT
Binance LAUSDT
Bybit LAUSDT
MEXC LA_USDT
GRVT LA_USDT_PerpShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin LA-USDT | +0.0128% | 4h | 0.07534 | −0.013% | $253K | $20K | 25x | as long as short |
BloFin LA-USDT