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

OFC

all OFC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.005%
Price spread now: BingX against OKX+0.044%7-day average −0.014% · you sell dearer than you buy
Net, funding: paid 7d − costs−$364as in the Funding arb table
Net, price: spread back to 7d avg − costs−$358as in the Price arb table
costs, in and out, $10k−$3643.636% 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 7 days−0.050%−$5 · spread now +0.044%, 7d avg −0.014%
Together, before fees−0.060%−$6 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: BingX is 0.057% dearer against OKX than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of −0.014%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX OFC-USDT-SWAP0.0091220.0100pay 0.0050% / 4h3h 32m$1.2M$3.4M10x
ShortBingX OFC-USDT0.0091260.0100get 0.0050% / 4h3h 32m$1.7M

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 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: +0.044% → −0.014%
$5.75
Slippage, 4 orders
−$343.57
Fee OKX: 5 bp × 2 orders
−$10
Fee BingX: 5 bp × 2 orders
−$10
Net
−$357.82
Costs to cover
3.636%
Break-even
never at this rate
Slippage from OKX: live order book, 5 min ago; BingX: live order book, just now.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy OKX live order book, 5 min ago6.50 bp94.0 bp −$94doesn't fitdoesn't fitdoesn't fit
Sell BingX live order book, just now4.93 bp81.6 bp −$82392.6 bp −$3,926607.9 bp −$60.8K929.3 bp −$464.7K

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-SWAPlong+0.0100%4h0.009122long leg$1.2M$3.4M10x
MEXC OFC_USDT+0.0100%4h0.009136+0.153%$2.1M$181K50xas long as short
BingX OFC-USDTshort+0.0100%4h0.009126+0.044%$1.7M