Settings8H · net · $10k
Funding arb · Price arb /

ORDER

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Alert: funding
Alert: spread
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: BingX against OKX+0.124%7-day average −0.042% · you sell dearer than you buy
Net, funding: paid 7d − costs−$227as in the Funding arb table
Net, price: spread back to 7d avg − costs−$216as in the Price arb table
costs, in and out, $10k−$2332.329% of the position
What this pair did over the last
the charts below follow
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%
Together, before fees−0.025%−$3 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.166% dearer against OKX than usual: you sell high and buy low, +$17 on $10k if it goes back to its 7-day average of −0.042%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX ORDER-USDT-SWAP0.040330.0100pay 0.0050% / 4h3h 42m$163K$280K20x
ShortBingX ORDER-USDT0.040380.0100get 0.0050% / 4h3h 42m$1.3M

Funding 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 it
latest
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%
$16.64
Slippage, 4 orders
−$212.85
Fee OKX: 5 bp × 2 orders
−$10
Fee BingX: 5 bp × 2 orders
−$10
Net
−$216.21
Costs to cover
2.329%
Break-even
never at this rate
Slippage from OKX: live order book, 28 min ago; BingX: live order book, 9 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy OKX live order book, 28 min ago6.25 bp77.9 bp −$78doesn't fitdoesn't fitdoesn't fit
Sell BingX live order book, 9 min ago7.50 bp46.9 bp −$47160.3 bp −$1,603621.6 bp −$62.2K866.1 bp −$433.0K

ORDER on 11 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin ORDER-USDT+0.0084%8h0.04048+0.372%$66K$7K16xas long as short
Binance ORDERUSDT+0.0100%4h0.04042+0.226%$1.4M$1.5M50xas long as short
Bybit ORDERUSDT+0.0100%8h0.040330.000%$1.3M$585K20xas long as short
OKX ORDER-USDT-SWAPlong+0.0100%4h0.04033long leg$163K$280K20x
Gate ORDER_USDT+0.0100%4h0.04039+0.149%$74K$70K20xas long as short
MEXC ORDER_USDT+0.0100%4h0.04047+0.347%$273K$100K20xas long as short
KuCoin ORDERUSDTM+0.0100%4h0.04046+0.322%$223K$82K30xas long as short
Bitget ORDERUSDT+0.0100%4h0.04047+0.347%$481K$200K20xas long as short
BingX ORDER-USDTshort+0.0100%4h0.04038+0.124%$1.3M
Variational Omni ORDER+0.0100%8h0.04009−0.586%$10K$2Kas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_ORDER_USDC+0.0851%4h0.04039+0.149%$190K$216K10xas long as short