Funding you earn now, next payment 00:00 UTC+0.0030%/8h= +3.3% APRnext payment +$0.15 per $10,000 · paid last 24h −0.003%
Price spread now: Binance against OKX−0.257%7-day average −0.031% · you buy dearer than you sell
Net, funding: paid 7d − costs−$91as in the Funding arb table
Net, price: spread back to 7d avg − costs−$96as in the Price arb table
costs, in and out, $10k−$730.731% of the position
Funding, last 7 days−0.179%−$18 on $10k
+Price spread, last 7 days+0.168%+$17 · spread now −0.257%, 7d avg −0.031%
=Funding pays, the price is against you. Binance is 0.226% cheaper against OKX than usual: you would sell low and buy high (spread −0.257% now, against its 7-day average of −0.031%). If the spread goes back, that is −$23 on $10k: about 25 days of funding at the current rate (+$1 a day). Mind the row above: over the last 7 days funding on this pair cost −0.179%, 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 MUBARAK-USDT-SWAP | 0.04448 | 0.0100 | pay 0.0050% / 4h | 53m 04s | $2.7M | $53.5M | 20x |
| Short | Binance MUBARAKUSDT | 0.04437 | 0.0130 | get 0.0065% / 4h | 53m 04s | $16.0M | $86.0M | 25x |
OKX MUBARAK-USDT-SWAP
Binance MUBARAKUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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
- $6.32
- Price spread: −0.257% → −0.031%
- −$22.64
- Slippage, 4 orders
- −$53.14
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$89.46
- Costs to cover
- 0.731%
- Break-even
- 106.1 days
Slippage from OKX: live order book, 1 min ago; Binance: 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 OKX live order book, 1 min ago | 1.01 bp | 19.5 bp −$20 | 130.7 bp −$1,307 | doesn't fit | doesn't fit |
| Sell Binance live order book, 5 min ago | 1.13 bp | 17.4 bp −$17 | 58.1 bp −$581 | 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-SWAPlong | +0.0100% | 4h | 0.04448 | long leg | $2.7M | $53.5M | 20x | |
| Bitget MUBARAKUSDT | +0.0100% | 4h | 0.04441 | −0.157% | $2.8M | $7.1M | 25x | as long as short |
| Variational Omni MUBARAK | +0.0100% | 4h | 0.04409 | −0.888% | $13K | $51K | — | as long as short |
| Binance MUBARAKUSDTshort | +0.0130% | 4h | 0.04437 | −0.257% | $16.0M | $86.0M | 25x | |
| MEXC MUBARAK_USDT | +0.0132% | 4h | 0.04441 | −0.157% | $877K | $1.5M | 50x | as long as short |
| Aster MUBARAKUSDT | +0.0272% | 4h | 0.04440 | −0.182% | $22K | $390K | 5x | as long as short |
| Bybit MUBARAKUSDT | +0.0494% | 4h | 0.04435 | −0.288% | $3.4M | $10.6M | 25x | as long as short |
| BingX MUBARAK-USDT | +0.0498% | 4h | 0.04439 | −0.202% | — | $3.1M | — | as long as short |
| Gate MUBARAK_USDT | +0.0964% | 4h | 0.04448 | 0.000% | $7.0M | $5.4M | 50x | as long as short |
| KuCoin MUBARAKUSDTM | +0.1796% | 4h | 0.04454 | +0.135% | $1.6M | $995K | 30x | as long as short |
Bitget MUBARAKUSDT
Variational Omni MUBARAK
MEXC MUBARAK_USDT
Aster MUBARAKUSDT
Bybit MUBARAKUSDT
BingX MUBARAK-USDT
Gate MUBARAK_USDT
KuCoin MUBARAKUSDTMShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_MUBARAKUSD | +0.1901% | 1h | 0.04442 | −0.135% | $66K | $418K | 10x | as long as short |
Kraken Futures PF_MUBARAKUSD