Funding you earn now, next payment 08:00 UTC−0.0130%/8h= −14.2% APRnext payment −$0.65 per $10,000 · paid last 24h −0.039%
Price spread now: OKX against BingX+0.089%7-day average +0.006% · you sell dearer than you buy
Net, funding: paid 7d − costs−$177as in the Funding arb table
Net, price: spread back to 7d avg − costs−$148as in the Price arb table
costs, in and out, $10k−$1561.559% of the position
Funding, last 7 days−0.206%−$21 on $10k
+Price spread, last 7 days−0.202%−$20 · spread now +0.089%, 7d avg +0.006%
=The price spread pays, funding is against you. OKX is 0.083% dearer against BingX than usual: you sell high and buy low (spread +0.089% now, against its 7-day average of +0.006%): +$8 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 2.1 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX O-USDT | 0.5642 | 0.0664 | pay 0.0332% / 4h | 3h 12m | — | $1.6M | — |
| Short | OKX O-USDT-SWAP | 0.5647 | 0.0534 | get 0.0267% / 4h | 3h 12m | $1.5M | $1.1M | 10x |
BingX O-USDT
OKX O-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
- −$27.21
- Price spread: +0.089% → +0.006%
- $8.27
- Slippage, 4 orders
- −$135.95
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$174.89
- Costs to cover
- 1.559%
- Break-even
- never at this rate
Slippage from BingX: live order book, 4 min ago; OKX: live order book, 4 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, 4 min ago | 10.62 bp | 42.1 bp −$42 | 228.6 bp −$2,286 | 850.2 bp −$85.0K | 1120.4 bp −$560.2K |
| Sell OKX live order book, 4 min ago | 1.77 bp | 37.3 bp −$37 | 643.0 bp −$6,430 | doesn't fit | doesn't fit |
O 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster OUSDT | +0.0100% | 4h | 0.5652 | +0.177% | $20K | $51K | 3x | as long as short |
| Gate O_USDT | +0.0100% | 4h | 0.5644 | +0.035% | $1.5M | $544K | 20x | as long as short |
| Bitget OUSDT | +0.0100% | 4h | 0.5649 | +0.124% | $1.6M | $325K | 10x | as long as short |
| Variational Omni O | +0.0100% | 4h | 0.5652 | +0.169% | $3K | $518 | — | as long as short |
| Binance OUSDT | +0.0170% | 4h | 0.5645 | +0.060% | $4.8M | $1.9M | 10x | as long as short |
| Bybit OUSDT | +0.0288% | 4h | 0.5647 | +0.089% | $722K | $922K | 20x | as long as short |
| KuCoin OUSDTM | +0.0312% | 4h | 0.5651 | +0.160% | $1.3M | $649K | 20x | as long as short |
| BloFin O-USDT | +0.0338% | 4h | 0.5654 | +0.213% | $242K | $6K | 20x | as long as short |
| OKX O-USDT-SWAPshort | +0.0534% | 4h | 0.5647 | +0.089% | $1.5M | $1.1M | 10x | |
| MEXC O_USDT | +0.0540% | 4h | 0.5646 | +0.071% | $974K | $170K | 50x | as long as short |
Aster OUSDT
Gate O_USDT
Bitget OUSDT
Variational Omni O
Binance OUSDT
Bybit OUSDT
KuCoin OUSDTM
BloFin O-USDT
MEXC O_USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX O-USDTlong | +0.0664% | 4h | 0.5642 | long leg | — | $1.6M | — |