Funding you earn now, next payment 04:00 UTC−0.0260%/8h= −28.5% APRnext payment −$1.30 per $10,000 · paid last 24h −0.036%
Price spread now: OKX against BingX+0.011%7-day average +0.016% · you sell dearer than you buy
Net, funding: paid 7d − costs−$79as in the Funding arb table
Net, price: spread back to 7d avg − costs−$71as in the Price arb table
costs, in and out, $10k−$710.706% of the position
Funding, last 7 days−0.085%−$9 on $10k
+Price spread, last 7 days+0.027%+$3 · spread now +0.011%, 7d avg +0.016%
=The price spread sits at its 7-day average of +0.016%, so right now this pair is about funding alone: −$8 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.085% in total (about -4.4% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.30 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 | BingX MUBARAK-USDT | 0.04630 | 0.0360 | pay 0.0180% / 4h | 48m 44s | — | $3.2M | — |
| Short | OKX MUBARAK-USDT-SWAP | 0.04630 | 0.0100 | get 0.0050% / 4h | 48m 44s | $2.8M | $58.5M | 20x |
BingX MUBARAK-USDT
OKX MUBARAK-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
- −$54.6
- Price spread: +0.011% → +0.016%
- −$0.53
- Slippage, 4 orders
- −$50.63
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$125.76
- Costs to cover
- 0.706%
- Break-even
- never at this rate
Slippage from BingX: live order book, 1 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 BingX live order book, 1 min ago | 5.36 bp | 19.4 bp −$19 | 51.5 bp −$515 | 351.8 bp −$35.2K | doesn't fit |
| Sell OKX live order book, 5 min ago | 3.86 bp | 20.0 bp −$20 | 104.8 bp −$1,048 | doesn't fit | doesn't fit |
MUBARAK 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 | |
|---|---|---|---|---|---|---|---|---|
| OKX MUBARAK-USDT-SWAPshort | +0.0100% | 4h | 0.04630 | +0.011% | $2.8M | $58.5M | 20x | |
| Variational Omni MUBARAK | +0.0100% | 4h | 0.04663 | +0.707% | $12K | $55K | — | as long as short |
| Binance MUBARAKUSDT | +0.0207% | 4h | 0.04627 | −0.063% | $17.4M | $92.9M | 25x | as long as short |
| MEXC MUBARAK_USDT | +0.0208% | 4h | 0.04642 | +0.259% | $932K | $1.5M | 50x | as long as short |
| Bybit MUBARAKUSDT | +0.0259% | 4h | 0.04630 | +0.004% | $3.5M | $11.3M | 25x | as long as short |
| KuCoin MUBARAKUSDTM | +0.0322% | 4h | 0.04639 | +0.194% | $1.7M | $1.1M | 30x | as long as short |
| Bitget MUBARAKUSDT | +0.0346% | 4h | 0.04635 | +0.108% | $3.0M | $7.6M | 25x | as long as short |
| BingX MUBARAK-USDTlong | +0.0360% | 4h | 0.04630 | long leg | — | $3.2M | — | |
| Aster MUBARAKUSDT | +0.0459% | 4h | 0.04643 | +0.281% | $17K | $464K | 5x | as long as short |
| Gate MUBARAK_USDT | +0.1322% | 4h | 0.04634 | +0.086% | $7.3M | $5.4M | 50x | as long as short |
Variational Omni MUBARAK
Binance MUBARAKUSDT
MEXC MUBARAK_USDT
Bybit MUBARAKUSDT
KuCoin MUBARAKUSDTM
Bitget MUBARAKUSDT
Aster MUBARAKUSDT
Gate MUBARAK_USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_MUBARAKUSD | +0.4221% | 1h | 0.04680 | +1.081% | $59K | $438K | 10x | as long as short |
Kraken Futures PF_MUBARAKUSD