Settings8H · net · $10k
Funding arb · Price arb /

OFC

all OFC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.005%
Price spread now: OKX against BingX+0.128%7-day average +0.033% · you sell dearer than you buy
Net, funding: paid 7d − costs−$274as in the Funding arb table
Net, price: spread back to 7d avg − costs−$266as in the Price arb table
costs, in and out, $10k−$2752.752% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.009%+$1 on $10k
Price spread, last 4 days (all we have)−0.028%−$3 · spread now +0.128%, 7d avg +0.033%
Together, before fees−0.019%−$2 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.094% dearer against BingX than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of +0.033%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX OFC-USDT0.0094030.0100pay 0.0050% / 4h3h 17m$1.7M
ShortOKX OFC-USDT-SWAP0.0094150.0100get 0.0050% / 4h3h 17m$1.2M$4.3M10x

Funding 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: +0.128% → +0.033%
$9.45
Slippage, 4 orders
−$255.24
Fee BingX: 5 bp × 2 orders
−$10
Fee OKX: 5 bp × 2 orders
−$10
Net
−$265.79
Costs to cover
2.752%
Break-even
never at this rate
Slippage from BingX: live order book, 14 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
LegHalf-spread$10k$100k$1M$5M
Buy BingX live order book, 14 min ago4.23 bp57.7 bp −$58245.2 bp −$2,452463.2 bp −$46.3K889.8 bp −$444.9K
Sell OKX live order book, 5 min ago1.60 bp75.2 bp −$75doesn't fitdoesn't fitdoesn't fit

OFC on 3 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX OFC-USDT-SWAPshort+0.0100%4h0.009415+0.128%$1.2M$4.3M10x
MEXC OFC_USDT+0.0100%4h0.009405+0.021%$2.1M$180K50xas long as short
BingX OFC-USDTlong+0.0100%4h0.009403long leg$1.7M