Funding you earn now, next payment 04:00 UTC+0.0182%/8h= +19.9% APRnext payment +$0.91 per $10,000 · paid last 24h +0.024%
Price spread now: BingX against OKX+0.037%7-day average +0.013% · you sell dearer than you buy
Net, funding: paid 7d − costs−$58as in the Funding arb table
Net, price: spread back to 7d avg − costs−$75as in the Price arb table
costs, in and out, $10k−$770.769% of the position
Funding, last 7 days+0.193%+$19 on $10k
+Price spread, last 4 days (all we have)−0.011%−$1 · spread now +0.037%, 7d avg +0.013%
=Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and BingX is 0.023% dearer against OKX than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of +0.013%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX LUNA-USDT-SWAP | 0.05430 | −0.0082 | get 0.0041% / 4h | 2h 48m | $1.2M | $4.8M | 10x |
| Short | BingX LUNA-USDT | 0.05432 | 0.0100 | get 0.0050% / 4h | 2h 48m | — | $2.4M | — |
OKX LUNA-USDT-SWAP
BingX LUNA-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
- $38.23
- Price spread: +0.037% → +0.013%
- $2.34
- Slippage, 4 orders
- −$56.87
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$36.3
- Costs to cover
- 0.769%
- Break-even
- 13.6 days
Slippage from OKX: live order book, 4 min ago; BingX: live order book, 1 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, 4 min ago | 3.69 bp | 21.7 bp −$22 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 1 min ago | 3.68 bp | 17.0 bp −$17 | 44.6 bp −$446 | 349.5 bp −$35.0K | 535.5 bp −$267.8K |
LUNA on 6 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 | |
|---|---|---|---|---|---|---|---|---|
| OKX LUNA-USDT-SWAPlong | −0.0082% | 4h | 0.05430 | long leg | $1.2M | $4.8M | 10x | |
| Gate LUNA_USDT | +0.0100% | 8h | 0.05447 | +0.313% | $191K | $194K | 10x | as long as short |
| KuCoin LUNAUSDTM | +0.0100% | 4h | 0.05437 | +0.129% | $883K | $593K | 50x | as long as short |
| Bitget LUNAUSDT | +0.0100% | 4h | 0.05435 | +0.092% | $795K | $671K | 20x | as long as short |
| BingX LUNA-USDTshort | +0.0100% | 4h | 0.05432 | +0.037% | — | $2.4M | — | |
| SunX LUNA-USDT | +0.0100% | 4h | 0.05524 | +1.731% | $2K | $4.5M | 20x | as long as short |
Gate LUNA_USDT
KuCoin LUNAUSDTM
Bitget LUNAUSDT
SunX LUNA-USDT