Funding you earn now, next payment 00:00 UTC+0.0015%/8h= +1.7% APRnext payment +$0.08 per $10,000 · paid last 24h −0.163%
Price spread now: BingX against OKX0.000%7-day average +0.025% · you sell dearer than you buy
Net, funding: paid 7d − costs−$114as in the Funding arb table
Net, price: spread back to 7d avg − costs−$67as in the Price arb table
costs, in and out, $10k−$650.645% of the position
Funding, last 7 days−0.497%−$50 on $10k
+Price spread, last 7 days+0.089%+$9 · spread now 0.000%, 7d avg +0.025%
=Funding pays, the price is against you. BingX is 0.025% cheaper against OKX than usual: you would sell low and buy high (spread 0.000% now, against its 7-day average of +0.025%). If the spread goes back, that is −$2 on $10k: about 5.4 days of funding at the current rate ($0 a day). Mind the row above: over the last 7 days funding on this pair cost −0.497%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX LA-USDT-SWAP | 0.07407 | −0.0271 | get 0.0136% / 4h | 2h 48m | $1.3M | $2.8M | 20x |
| Short | BingX LA-USDT | 0.07407 | −0.0256 | pay 0.0128% / 4h | 2h 48m | — | $6.6M | — |
OKX LA-USDT-SWAP
BingX LA-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
- $3.23
- Price spread: 0.000% → +0.025%
- −$2.48
- Slippage, 4 orders
- −$44.54
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$63.79
- Costs to cover
- 0.645%
- Break-even
- 145.1 days
Slippage from OKX: live order book, 3 min ago; BingX: live order book, 3 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 | 0.68 bp | 20.2 bp −$20 | 337.7 bp −$3,377 | doesn't fit | doesn't fit |
| Sell BingX live order book, 3 min ago | 1.35 bp | 13.9 bp −$14 | 33.3 bp −$333 | 741.0 bp −$74.1K | 1253.7 bp −$626.8K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Gate LA_USDT | −0.0854% | 4h | 0.07405 | −0.027% | $245K | $787K | 50x | as long as short |
| KuCoin LAUSDTM | −0.0338% | 4h | 0.07410 | +0.041% | $1.0M | $58K | 30x | as long as short |
| OKX LA-USDT-SWAPlong | −0.0271% | 4h | 0.07407 | long leg | $1.3M | $2.8M | 20x | |
| BingX LA-USDTshort | −0.0256% | 4h | 0.07407 | 0.000% | — | $6.6M | — | |
| Bitget LAUSDT | −0.0216% | 4h | 0.07395 | −0.162% | $2.0M | $519K | 25x | as long as short |
| Aster LAUSDT | −0.0081% | 4h | 0.07404 | −0.047% | $52K | $8K | 5x | as long as short |
| MEXC LA_USDT | −0.0072% | 4h | 0.07402 | −0.068% | $398K | $137K | 50x | as long as short |
| Binance LAUSDT | −0.0065% | 4h | 0.07403 | −0.054% | $4.7M | $8.3M | 25x | as long as short |
| BloFin LA-USDT | −0.0010% | 4h | 0.07413 | +0.081% | $251K | $19K | 25x | as long as short |
| Bybit LAUSDT | +0.0100% | 4h | 0.07409 | +0.027% | $2.3M | $2.3M | 25x | as long as short |
Gate LA_USDT
KuCoin LAUSDTM
Bitget LAUSDT
Aster LAUSDT
MEXC LA_USDT
Binance LAUSDT
BloFin LA-USDT
Bybit LAUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT LA_USDT_Perp | +0.0100% | 4h | 0.07409 | +0.033% | $145K | $478K | 10x | as long as short |
GRVT LA_USDT_Perp