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: BingX against OKX+0.397%7-day average −0.016% · you sell dearer than you buy
Net, funding: paid 7d − costs−$62as in the Funding arb table
Net, price: spread back to 7d avg − costs−$29as 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−0.434%−$43 · spread now +0.397%, 7d avg −0.016%
=Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and BingX is 0.413% dearer against OKX than usual: you sell high and buy low: +$41 more if the spread goes back to its 7-day average of −0.016%.
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 | OKX MUBARAK-USDT-SWAP | 0.04639 | 0.0100 | pay 0.0050% / 4h | 48m 56s | $2.8M | $58.6M | 20x |
| Short | BingX MUBARAK-USDT | 0.04657 | 0.0360 | get 0.0180% / 4h | 48m 56s | — | $3.2M | — |
Funding 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
- $54.6
- Price spread: +0.397% → −0.016%
- $41.28
- Slippage, 4 orders
- −$50.63
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- $25.24
- Costs to cover
- 0.706%
- Break-even
- 3.8 days
Slippage from OKX: live order book, 5 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, 5 min ago | 3.86 bp | 14.4 bp −$14 | 60.5 bp −$605 | doesn't fit | doesn't fit |
| Sell BingX live order book, 1 min ago | 5.36 bp | 16.9 bp −$17 | 47.7 bp −$477 | 354.1 bp −$35.4K | 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 | 0.04639 | long leg | $2.8M | $58.6M | 20x | |
| Variational Omni MUBARAK | +0.0100% | 4h | 0.04663 | +0.520% | $12K | $55K | — | as long as short |
| Binance MUBARAKUSDT | +0.0209% | 4h | 0.04652 | +0.289% | $17.5M | $92.9M | 25x | as long as short |
| MEXC MUBARAK_USDT | +0.0210% | 4h | 0.04664 | +0.548% | $934K | $1.5M | 50x | as long as short |
| Bybit MUBARAKUSDT | +0.0272% | 4h | 0.04641 | +0.063% | $3.5M | $11.3M | 25x | as long as short |
| KuCoin MUBARAKUSDTM | +0.0324% | 4h | 0.04656 | +0.375% | $1.7M | $1.1M | 30x | as long as short |
| Bitget MUBARAKUSDT | +0.0350% | 4h | 0.04640 | +0.030% | $3.0M | $7.5M | 25x | as long as short |
| BingX MUBARAK-USDTshort | +0.0360% | 4h | 0.04657 | +0.397% | — | $3.2M | — | |
| Aster MUBARAKUSDT | +0.0458% | 4h | 0.04670 | +0.677% | $17K | $464K | 5x | as long as short |
| Gate MUBARAK_USDT | +0.1328% | 4h | 0.04662 | +0.504% | $7.4M | $5.4M | 50x | as long as short |
Show 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 | +0.894% | $59K | $438K | 10x | as long as short |
OKX MUBARAK-USDT-SWAP
BingX MUBARAK-USDT
Variational Omni MUBARAK
Binance MUBARAKUSDT
MEXC MUBARAK_USDT
Bybit MUBARAKUSDT
KuCoin MUBARAKUSDTM
Bitget MUBARAKUSDT
Aster MUBARAKUSDT
Gate MUBARAK_USDT
Kraken Futures PF_MUBARAKUSD