Funding you earn now, next payment 00:00 UTC+0.0064%/8h= +7.0% APRnext payment +$0.32 per $10,000 · paid last 24h +0.019%
Price spread now: OKX against BingX−0.041%7-day average −0.026% · you buy dearer than you sell
Net, funding: paid 7d − costs−$35as in the Funding arb table
Net, price: spread back to 7d avg − costs−$43as in the Price arb table
costs, in and out, $10k−$410.415% of the position
Funding, last 7 days+0.063%+$6 on $10k
+Price spread, last 7 days+0.004%$0 · spread now −0.041%, 7d avg −0.026%
=The price spread sits at its 7-day average of −0.026%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX OKB-USDT | 123.45 | 0.0036 | pay 0.0018% / 4h | 1h 37m | — | $2.8M | — |
| Short | OKX OKB-USDT-SWAP | 123.40 | 0.0100 | get 0.0050% / 4h | 1h 37m | $30.0M | $40.2M | 20x |
BingX OKB-USDT
OKX OKB-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
- $13.44
- Price spread: −0.041% → −0.026%
- −$1.42
- Slippage, 4 orders
- −$21.46
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$29.44
- Costs to cover
- 0.415%
- Break-even
- 22.3 days
Slippage from BingX: live order book, 12 min ago; OKX: 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 BingX live order book, 12 min ago | 2.85 bp | 9.2 bp −$9 | 16.7 bp −$167 | 143.1 bp −$14.3K | 720.8 bp −$360.4K |
| Sell OKX live order book, 1 min ago | 0.41 bp | 10.4 bp −$10 | 31.9 bp −$319 | doesn't fit | doesn't fit |
OKB on 10 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 OKBUSDT | −0.2584% | 1h | 122.74 | −0.577% | $41K | $13K | 5x | as long as short |
| Injective OKB/USDC PERP | −0.0049% | 1h | 123.18 | −0.219% | $25 | $307K | 5.5x | as long as short |
| BingX OKB-USDTlong | +0.0036% | 4h | 123.45 | long leg | — | $2.8M | — | |
| Bybit OKBUSDT | +0.0100% | 4h | 123.55 | +0.081% | $2.6M | $972K | 25x | as long as short |
| OKX OKB-USDT-SWAPshort | +0.0100% | 4h | 123.40 | −0.041% | $30.0M | $40.2M | 20x | |
| Gate OKB_USDT | +0.0100% | 8h | 123.47 | +0.016% | $1.5M | $609K | 25x | as long as short |
| MEXC OKB_USDT | +0.0100% | 4h | 123.43 | −0.016% | $1.2M | $461K | 25x | as long as short |
| Variational Omni OKB | +0.0100% | 4h | 123.69 | +0.195% | $61K | $38K | — | as long as short |
| HTX OKB-USDT | +0.0100% | 8h | 123.62 | +0.138% | $67K | $274K | 10x | as long as short |
| GMX OKB/USD [ETH-USDC] | L +0.0269% / S −0.0266% | 1h | 123.54 | +0.077% | $3K | — | 100x | as long as short |
Aster OKBUSDT
Injective OKB/USDC PERP
Bybit OKBUSDT
Gate OKB_USDT
MEXC OKB_USDT
Variational Omni OKB
HTX OKB-USDT
GMX OKB/USD [ETH-USDC]