Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against OKX+0.237%7-day average +0.061% · you sell dearer than you buy
Net, funding: paid 7d − costs−$219as in the Funding arb table
Net, price: spread back to 7d avg − costs−$201as in the Price arb table
costs, in and out, $10k−$2192.185% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)−0.144%−$14 · spread now +0.237%, 7d avg +0.061%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.176% dearer against OKX than usual: you sell high and buy low, +$18 on $10k if it goes back to its 7-day average of +0.061%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX ORDER-USDT-SWAP | 0.04021 | 0.0100 | pay 0.0050% / 4h | 2h 41m | $168K | $285K | 20x |
| Short | Binance ORDERUSDT | 0.04031 | 0.0100 | get 0.0050% / 4h | 2h 41m | $1.4M | $1.9M | 50x |
OKX ORDER-USDT-SWAP
Binance ORDERUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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
- $0
- Price spread: +0.237% → +0.061%
- $17.59
- Slippage, 4 orders
- −$198.53
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$200.94
- Costs to cover
- 2.185%
- Break-even
- never at this rate
Slippage from OKX: live order book, 4 min ago; Binance: live order book, 7 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, 4 min ago | 4.97 bp | 84.7 bp −$85 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 7 min ago | 4.94 bp | 43.7 bp −$44 | 242.1 bp −$2,421 | 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 | +0.0075% | 8h | 0.04017 | −0.099% | $64K | $7K | 16x | as long as short |
| Binance ORDERUSDTshort | +0.0100% | 4h | 0.04031 | +0.237% | $1.4M | $1.9M | 50x | |
| Bybit ORDERUSDT | +0.0100% | 8h | 0.04017 | −0.099% | $1.3M | $752K | 20x | as long as short |
| OKX ORDER-USDT-SWAPlong | +0.0100% | 4h | 0.04021 | long leg | $168K | $285K | 20x | |
| Gate ORDER_USDT | +0.0100% | 4h | 0.04027 | +0.149% | $76K | $37K | 20x | as long as short |
| MEXC ORDER_USDT | +0.0100% | 4h | 0.04029 | +0.199% | $272K | $100K | 20x | as long as short |
| KuCoin ORDERUSDTM | +0.0100% | 4h | 0.04030 | +0.224% | $223K | $81K | 30x | as long as short |
| Bitget ORDERUSDT | +0.0100% | 4h | 0.04024 | +0.075% | $480K | $255K | 20x | as long as short |
| BingX ORDER-USDT | +0.0100% | 4h | 0.04025 | +0.099% | — | $1.3M | — | as long as short |
| Variational Omni ORDER | +0.0100% | 8h | 0.04018 | −0.067% | $10K | $2K | — | as long as short |
BloFin ORDER-USDT
Bybit ORDERUSDT
Gate ORDER_USDT
MEXC ORDER_USDT
KuCoin ORDERUSDTM
Bitget ORDERUSDT
BingX ORDER-USDT
Variational Omni ORDERShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_ORDER_USDC | +0.0506% | 4h | 0.04028 | +0.174% | $188K | $155K | 10x | as long as short |
Orderly PERP_ORDER_USDC