Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.010%
Price spread now: OKX against BingX−0.124%7-day average +0.042% · you buy dearer than you sell
Net, funding: paid 7d − costs−$238as in the Funding arb table
Net, price: spread back to 7d avg − costs−$249as in the Price arb table
costs, in and out, $10k−$2332.329% of the position
Funding, last 7 days−0.055%−$6 on $10k
+Price spread, last 4 days (all we have)+0.080%+$8 · spread now −0.124%, 7d avg +0.042%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.166% cheaper against BingX than usual: you would sell low and buy high, −$17 on $10k if it goes back to its 7-day average of +0.042%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ORDER-USDT | 0.04038 | 0.0100 | pay 0.0050% / 4h | 3h 41m | — | $1.3M | — |
| Short | OKX ORDER-USDT-SWAP | 0.04033 | 0.0100 | get 0.0050% / 4h | 3h 41m | $163K | $280K | 20x |
BingX ORDER-USDT
OKX ORDER-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: −0.124% → +0.042%
- −$16.63
- Slippage, 4 orders
- −$212.85
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$249.48
- Costs to cover
- 2.329%
- Break-even
- never at this rate
Slippage from BingX: live order book, 9 min ago; OKX: live order book, 28 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, 9 min ago | 7.50 bp | 41.4 bp −$41 | 157.0 bp −$1,570 | 591.9 bp −$59.2K | 787.4 bp −$393.7K |
| Sell OKX live order book, 28 min ago | 6.25 bp | 66.6 bp −$67 | doesn't fit | doesn't fit | doesn't fit |
ORDER on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin ORDER-USDT | +0.0084% | 8h | 0.04048 | +0.248% | $66K | $7K | 16x | as long as short |
| Binance ORDERUSDT | +0.0100% | 4h | 0.04042 | +0.102% | $1.4M | $1.5M | 50x | as long as short |
| Bybit ORDERUSDT | +0.0100% | 8h | 0.04033 | −0.124% | $1.3M | $585K | 20x | as long as short |
| OKX ORDER-USDT-SWAPshort | +0.0100% | 4h | 0.04033 | −0.124% | $163K | $280K | 20x | |
| Gate ORDER_USDT | +0.0100% | 4h | 0.04039 | +0.025% | $74K | $70K | 20x | as long as short |
| MEXC ORDER_USDT | +0.0100% | 4h | 0.04047 | +0.223% | $273K | $100K | 20x | as long as short |
| KuCoin ORDERUSDTM | +0.0100% | 4h | 0.04046 | +0.198% | $223K | $82K | 30x | as long as short |
| Bitget ORDERUSDT | +0.0100% | 4h | 0.04047 | +0.223% | $481K | $200K | 20x | as long as short |
| BingX ORDER-USDTlong | +0.0100% | 4h | 0.04038 | long leg | — | $1.3M | — | |
| Variational Omni ORDER | +0.0100% | 8h | 0.04009 | −0.709% | $10K | $2K | — | as long as short |
BloFin ORDER-USDT
Binance ORDERUSDT
Bybit ORDERUSDT
Gate ORDER_USDT
MEXC ORDER_USDT
KuCoin ORDERUSDTM
Bitget ORDERUSDT
Variational Omni ORDERShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_ORDER_USDC | +0.0851% | 4h | 0.04039 | +0.025% | $190K | $216K | 10x | as long as short |
Orderly PERP_ORDER_USDC