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
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: 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%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX ORDER-USDT-SWAP | 0.04033 | 0.0100 | pay 0.0050% / 4h | 3h 42m | $163K | $280K | 20x |
| Short | BingX ORDER-USDT | 0.04038 | 0.0100 | get 0.0050% / 4h | 3h 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 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%
- $16.64
- 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy OKX live order book, 28 min ago | 6.25 bp | 77.9 bp −$78 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 9 min ago | 7.50 bp | 46.9 bp −$47 | 160.3 bp −$1,603 | 621.6 bp −$62.2K | 866.1 bp −$433.0K |
ORDER on 11 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin ORDER-USDT | +0.0084% | 8h | 0.04048 | +0.372% | $66K | $7K | 16x | as long as short |
| Binance ORDERUSDT | +0.0100% | 4h | 0.04042 | +0.226% | $1.4M | $1.5M | 50x | as long as short |
| Bybit ORDERUSDT | +0.0100% | 8h | 0.04033 | 0.000% | $1.3M | $585K | 20x | as long as short |
| OKX ORDER-USDT-SWAPlong | +0.0100% | 4h | 0.04033 | long leg | $163K | $280K | 20x | |
| Gate ORDER_USDT | +0.0100% | 4h | 0.04039 | +0.149% | $74K | $70K | 20x | as long as short |
| MEXC ORDER_USDT | +0.0100% | 4h | 0.04047 | +0.347% | $273K | $100K | 20x | as long as short |
| KuCoin ORDERUSDTM | +0.0100% | 4h | 0.04046 | +0.322% | $223K | $82K | 30x | as long as short |
| Bitget ORDERUSDT | +0.0100% | 4h | 0.04047 | +0.347% | $481K | $200K | 20x | as long as short |
| BingX ORDER-USDTshort | +0.0100% | 4h | 0.04038 | +0.124% | — | $1.3M | — | |
| Variational Omni ORDER | +0.0100% | 8h | 0.04009 | −0.586% | $10K | $2K | — | as long as short |
Show 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 | +0.149% | $190K | $216K | 10x | as long as short |
OKX ORDER-USDT-SWAP
BingX ORDER-USDT
BloFin ORDER-USDT
Binance ORDERUSDT
Bybit ORDERUSDT
Gate ORDER_USDT
MEXC ORDER_USDT
KuCoin ORDERUSDTM
Bitget ORDERUSDT
Variational Omni ORDER