Funding you earn now, next payment 04:00 UTC+0.0010%/8h= +1.1% APRnext payment +$0.05 per $10,000 · paid last 24h +0.033%
Price spread now: BingX against OKX−0.071%7-day average −0.006% · you buy dearer than you sell
Net, funding: paid 7d − costs−$135as in the Funding arb table
Net, price: spread back to 7d avg − costs−$162as 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+0.163%+$16 · spread now −0.071%, 7d avg −0.006%
=Funding pays, the price is against you. BingX is 0.066% cheaper against OKX than usual: you would sell low and buy high (spread −0.071% now, against its 7-day average of −0.006%). If the spread goes back, that is −$7 on $10k: about 21 days of funding at the current rate ($0 a day). At the pace of the last 7 days (+0.206% in total) that is about 2.2 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX O-USDT-SWAP | 0.5624 | 0.0466 | pay 0.0233% / 4h | 3m 08s | $1.5M | $1.1M | 10x |
| Short | BingX O-USDT | 0.5620 | 0.0476 | get 0.0238% / 4h | 3m 08s | — | $1.6M | — |
OKX O-USDT-SWAP
BingX O-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
- $2.17
- Price spread: −0.071% → −0.006%
- −$6.56
- Slippage, 4 orders
- −$135.92
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$160.31
- Costs to cover
- 1.559%
- Break-even
- 523.5 days
Slippage from OKX: live order book, 4 min ago; BingX: 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 OKX live order book, 4 min ago | 4.45 bp | 39.2 bp −$39 | 7852.0 bp −$78.5K | doesn't fit | doesn't fit |
| Sell BingX live order book, 4 min ago | 4.45 bp | 41.9 bp −$42 | 166.6 bp −$1,666 | 1081.2 bp −$108.1K | 1418.2 bp −$709.1K |
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 | 0.5610 | −0.240% | $20K | $50K | 3x | as long as short |
| Gate O_USDT | +0.0100% | 4h | 0.5614 | −0.178% | $1.5M | $543K | 20x | as long as short |
| Bitget OUSDT | +0.0100% | 4h | 0.5622 | −0.036% | $1.6M | $327K | 10x | as long as short |
| Variational Omni O | +0.0100% | 4h | 0.5608 | −0.293% | $3K | $518 | — | as long as short |
| Binance OUSDT | +0.0163% | 4h | 0.5617 | −0.124% | $4.8M | $2.0M | 10x | as long as short |
| KuCoin OUSDTM | +0.0340% | 4h | 0.5617 | −0.124% | $1.3M | $676K | 20x | as long as short |
| Bybit OUSDT | +0.0383% | 4h | 0.5617 | −0.124% | $718K | $937K | 20x | as long as short |
| BloFin O-USDT | +0.0396% | 4h | 0.5611 | −0.231% | $240K | $6K | 20x | as long as short |
| OKX O-USDT-SWAPlong | +0.0466% | 4h | 0.5624 | long leg | $1.5M | $1.1M | 10x | |
| MEXC O_USDT | +0.0470% | 4h | 0.5619 | −0.089% | $970K | $178K | 50x | as long as short |
Aster OUSDT
Gate O_USDT
Bitget OUSDT
Variational Omni O
Binance OUSDT
KuCoin OUSDTM
Bybit OUSDT
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-USDTshort | +0.0476% | 4h | 0.5620 | −0.071% | — | $1.6M | — |