Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.027%
Price spread now: OKX against BingX−0.024%7-day average — · you buy dearer than you sell
Net, funding: paid 7d − costs−$47as in the Funding arb table
Net, price: spread back to 7d avg − costs−$41as in the Price arb table
costs, in and out, $10k−$390.387% of the position
Funding, last 7 days−0.083%−$8 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.024% cheaper against BingX than usual: you would sell low and buy high, −$2 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX OP-USDT | 0.1240 | 0.0100 | pay 0.0100% / 8h | 23m 47s | — | $6.8M | — |
| Short | OKX OP-USDT-SWAP | 0.1240 | 0.0100 | get 0.0100% / 8h | 23m 47s | $5.9M | $29.3M | 50x |
BingX OP-USDT
OKX OP-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
- $0
- Price spread: −0.024% → 0.000%
- −$2.42
- Slippage, 4 orders
- −$18.71
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$41.13
- Costs to cover
- 0.387%
- Break-even
- never at this rate
Slippage from BingX: live order book, 4 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy BingX live order book, 4 min ago | 0.40 bp | 8.1 bp −$8 | 15.4 bp −$154 | 83.8 bp −$8,379 | 417.8 bp −$208.9K |
| Sell OKX live order book, 5 min ago | 0.40 bp | 9.8 bp −$10 | 26.5 bp −$265 | doesn't fit | doesn't fit |
OP on 30 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective OP/USDC PERP | −0.1660% | 1h | 0.1235 | −0.419% | $34K | $63K | 12x | as long as short |
| GMX OP/USD [OP-USDC] | L −0.1164% / S +0.0246% | 1h | 0.1241 | +0.102% | $13K | — | 100x | as long as short |
| Orderly PERP_OP_USDC | −0.0054% | 8h | 0.1241 | +0.065% | $12K | $236K | 10x | as long as short |
| dYdX OP-USD | 0.0000% | 1h | 0.1241 | +0.044% | $38K | $522 | 10x | as long as short |
| Deribit OP_USDC-PERPETUAL | 0.0000% | 1h | 0.1241 | +0.065% | $32K | $164K | 25x | as long as short |
| gTrade (Gains Network) OP/USD | L +0.0004% / S −0.0004% | 1h | 0.1241 | +0.078% | — | — | 150x | as long as short |
| Variational Omni OP | +0.0048% | 8h | 0.1240 | +0.002% | $220K | $47K | — | as long as short |
| KuCoin OPUSDTM | +0.0070% | 8h | 0.1239 | −0.097% | $2.8M | $6.1M | 75x | as long as short |
| Coinbase International OP-PERP-INTX | +0.0080% | 1h | 0.1241 | +0.065% | $24K | $65K | 50x | as long as short |
| Lighter OP | +0.0096% | 1h | 0.1241 | +0.040% | $286K | $1.1M | 15x | as long as short |
Injective OP/USDC PERP
GMX OP/USD [OP-USDC]
Orderly PERP_OP_USDC
dYdX OP-USD
Deribit OP_USDC-PERPETUAL
gTrade (Gains Network) OP/USD
Variational Omni OP
KuCoin OPUSDTM
Coinbase International OP-PERP-INTX
Lighter OPShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid OP | +0.0100% | 1h | 0.1241 | +0.048% | $3.4M | $3.6M | 5x | as long as short |
| Aster OPUSDT | +0.0100% | 8h | 0.1241 | +0.059% | $204K | $210K | 10x | as long as short |
| Binance OPUSDT | +0.0100% | 8h | 0.1240 | +0.008% | $19.6M | $67.6M | 75x | as long as short |
| Bybit OPUSDT | +0.0100% | 8h | 0.1239 | −0.073% | $18.0M | $26.3M | 75x | as long as short |
| OKX OP-USDT-SWAPshort | +0.0100% | 8h | 0.1240 | −0.024% | $5.9M | $29.3M | 50x | |
| Gate OP_USDT | +0.0100% | 8h | 0.1241 | +0.040% | $1.9M | $1.5M | 50x | as long as short |
| MEXC OP_USDT | +0.0100% | 8h | 0.1240 | −0.016% | $22.0M | $7.8M | 300x | as long as short |
| Bitget OPUSDT | +0.0100% | 8h | 0.1240 | −0.016% | $5.6M | $6.8M | 75x | as long as short |
| BingX OP-USDTlong | +0.0100% | 8h | 0.1240 | long leg | — | $6.8M | — | |
| Backpack OP_USDC_PERP | +0.0100% | 1h | 0.1240 | 0.000% | $114K | $221K | 10x | as long as short |
| edgeX OPUSDC | +0.0100% | 4h | 0.1245 | +0.400% | $4K | $1.1M | 10x | as long as short |
| GRVT OP_USDT_Perp | +0.0100% | 8h | 0.1244 | +0.336% | $313K | $5.4M | 10x | as long as short |
| ApeX Omni OPUSDT | +0.0100% | 1h | 0.1243 | +0.226% | $43K | $698K | 50x | as long as short |
| SoDEX OP-USD | +0.0100% | 1h | 0.1240 | −0.032% | $215 | $6K | 5x | as long as short |
| HTX OP-USDT | +0.0100% | 8h | 0.1241 | +0.105% | $165K | $259K | 50x | as long as short |
| Extended OP-USD | +0.0104% | 1h | 0.1239 | −0.061% | $99K | $600K | 25x | as long as short |
| Aevo OP-PERP | +0.0104% | 1h | 0.1241 | +0.069% | $3K | $1K | 3x | as long as short |
| Kraken Futures PF_OPUSD | +0.0166% | 1h | 0.1241 | +0.079% | $736K | $677K | 20x | as long as short |
| BloFin OP-USDT | +0.0220% | 8h | 0.1240 | −0.016% | $999K | $320K | 75x | as long as short |
| Reya OPRUSDPERP | +0.0444% | 1h | 0.1240 | −0.056% | $689 | — | 20x | as long as short |
Hyperliquid OP
Aster OPUSDT
Binance OPUSDT
Bybit OPUSDT
Gate OP_USDT
MEXC OP_USDT
Bitget OPUSDT
Backpack OP_USDC_PERP
edgeX OPUSDC
GRVT OP_USDT_Perp
ApeX Omni OPUSDT
SoDEX OP-USD
HTX OP-USDT
Extended OP-USD
Aevo OP-PERP
Kraken Futures PF_OPUSD
BloFin OP-USDT
Reya OPRUSDPERP