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: BingX against OKX−14.932%7-day average — · you buy dearer than you sell
Net, funding: paid 7d − costs+$2,335as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,585as 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
Funding pays, the price is against you. BingX is 14.932% cheaper against OKX than usual: you would sell low and buy high (spread −14.932% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$1,493 on $10k: about 30 hours of funding at the current rate (+$1,189 a day). At the pace of the last 7 days (+24.271% in total) that is about 4.3 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 | OKX ONE-USDT-SWAP | 0.005366 | −3.9518 | get 0.4940% / 1h | 7m 08s | $6.1M | $278.6M | 10x |
| Short | BingX ONE-USDT | 0.004565 | 0.0104 | get 0.0013% / 1h | 7m 08s | — | $6.5M | — |
OKX ONE-USDT-SWAP
BingX ONE-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
- $8,320.56
- Price spread: −14.932% → 0.000%
- −$1,493.21
- Slippage, 4 orders
- −$71.87
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- $6,735.48
- Costs to cover
- 0.919%
- Break-even
- 1.3 days
Slippage from OKX: live order book, 2 min ago; BingX: live order book, 13 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, 2 min ago | 0.10 bp | 23.0 bp −$23 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 13 min ago | 3.20 bp | 15.4 bp −$15 | 58.8 bp −$588 | 512.5 bp −$51.3K | 1167.3 bp −$583.6K |
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-SWAPlong | −3.9518% | 1h | 0.005366 | long leg | $6.1M | $278.6M | 10x | |
| Gate ONE_USDT | −0.1518% | 8h | 0.004363 | −18.696% | $1.7M | $16.6M | 20x | as long as short |
| Aster ONEUSDT | −0.1273% | 1h | 0.004379 | −18.390% | $2.3M | $5.8M | 5x | as long as short |
| Bitget ONEUSDT | −0.0888% | 1h | 0.004419 | −17.647% | $2.0M | $35.1M | 20x | as long as short |
| Variational Omni ONE | +0.0081% | 1h | 0.004146 | −22.747% | $101K | $54K | — | as long as short |
| Binance ONEUSDT | +0.0081% | 1h | 0.004362 | −18.713% | $14.9M | $353.9M | 50x | as long as short |
| MEXC ONE_USDT | +0.0096% | 1h | 0.004391 | −18.182% | $11.8M | $16.7M | 20x | as long as short |
| BingX ONE-USDTshort | +0.0104% | 1h | 0.004565 | −14.932% | — | $6.5M | — | |
| KuCoin ONEUSDTM | +0.7664% | 1h | 0.004654 | −13.274% | $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