Funding you earn now, next payment 02:00 UTC−3.9622%/8h= −4338.6% APRnext payment −$49.53 per $10,000 · paid last 24h −9.862%
Price spread now: OKX against BingX+17.553%7-day average — · you sell dearer than you buy
Net, funding: paid 7d − costs−$2,519as in the Funding arb table
Net, price: spread back to 7d avg − costs+$1,663as in the Price arb table
costs, in and out, $10k−$920.919% of the position
Funding, last 7 days−24.271%−$2,427 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. OKX is 17.553% dearer against BingX than usual: you sell high and buy low (spread +17.553% now, against zero (this spread has no 7-day history yet)): +$1,755 on $10k if it goes back. Holding the pair costs −$1,189 a day in funding at the current rate, which eats that in about 35 hours. At the pace of the last 7 days (−24.271% in total) that is about 5.1 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -24.271% in total (about -1265.6% a year). A funding rate is set anew for every payment; at this rate the next one is about −$49.53 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ONE-USDT | 0.004565 | 0.0104 | pay 0.0013% / 1h | 7m 02s | — | $6.5M | — |
| Short | OKX ONE-USDT-SWAP | 0.005366 | −3.9518 | pay 0.4940% / 1h | 7m 02s | $6.1M | $278.6M | 10x |
BingX ONE-USDT
OKX ONE-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
- −$8,320.56
- Price spread: +17.553% → 0.000%
- $1,755.31
- Slippage, 4 orders
- −$71.87
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$6,657.12
- Costs to cover
- 0.919%
- Break-even
- from the start
Slippage from BingX: live order book, 13 min ago; OKX: live order book, 2 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, 13 min ago | 3.20 bp | 11.5 bp −$12 | 32.6 bp −$326 | 323.8 bp −$32.4K | doesn't fit |
| Sell OKX live order book, 2 min ago | 0.10 bp | 41.9 bp −$42 | doesn't fit | doesn't fit | doesn't fit |
ONE on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| OKX ONE-USDT-SWAPshort | −3.9518% | 1h | 0.005366 | +17.553% | $6.1M | $278.6M | 10x | |
| Gate ONE_USDT | −0.1518% | 8h | 0.004363 | −4.425% | $1.7M | $16.6M | 20x | as long as short |
| Aster ONEUSDT | −0.1273% | 1h | 0.004379 | −4.065% | $2.3M | $5.8M | 5x | as long as short |
| Bitget ONEUSDT | −0.0888% | 1h | 0.004419 | −3.192% | $2.0M | $35.1M | 20x | as long as short |
| Variational Omni ONE | +0.0081% | 1h | 0.004146 | −9.187% | $101K | $54K | — | as long as short |
| Binance ONEUSDT | +0.0081% | 1h | 0.004362 | −4.445% | $14.9M | $353.9M | 50x | as long as short |
| MEXC ONE_USDT | +0.0096% | 1h | 0.004391 | −3.820% | $11.8M | $16.7M | 20x | as long as short |
| BingX ONE-USDTlong | +0.0104% | 1h | 0.004565 | long leg | — | $6.5M | — | |
| KuCoin ONEUSDTM | +0.7664% | 1h | 0.004654 | +1.950% | $4.5M | $13.1M | 30x | as long as short |
Gate ONE_USDT
Aster ONEUSDT
Bitget ONEUSDT
Variational Omni ONE
Binance ONEUSDT
MEXC ONE_USDT
KuCoin ONEUSDTM