Funding you earn now, next payment 00:00 UTC−0.0033%/8h= −3.7% APRnext payment −$0.17 per $10,000 · paid last 24h +0.003%
Price spread now: Binance against OKX−0.031%7-day average +0.008% · you buy dearer than you sell
Net, funding: paid 7d − costs−$43as in the Funding arb table
Net, price: spread back to 7d avg − costs−$60as in the Price arb table
costs, in and out, $10k−$560.561% of the position
Funding, last 7 days+0.126%+$13 on $10k
+Price spread, last 7 days+0.027%+$3 · spread now −0.031%, 7d avg +0.008%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Binance is 0.039% cheaper against OKX than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.008%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.126%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX RE-USDT-SWAP | 0.4647 | 0.0085 | pay 0.0042% / 4h | 1h 37m | $1.8M | $3.4M | 20x |
| Short | Binance REUSDT | 0.4645 | 0.0051 | get 0.0026% / 4h | 1h 37m | $8.3M | $8.0M | 50x |
Funding 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
- −$7.03
- Price spread: −0.031% → +0.008%
- −$3.92
- Slippage, 4 orders
- −$36.06
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$67.01
- Costs to cover
- 0.561%
- Break-even
- never at this rate
Slippage from OKX: live order book, 4 min ago; Binance: live order book, 1 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 | 0.11 bp | 16.3 bp −$16 | 171.0 bp −$1,710 | doesn't fit | doesn't fit |
| Sell Binance live order book, 1 min ago | 1.08 bp | 13.4 bp −$13 | 61.4 bp −$614 | doesn't fit | doesn't fit |
RE on 14 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 | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) RE/USD | L −0.0025% / S +0.0026% | 1h | 0.4651 | +0.102% | — | — | 150x | as long as short |
| edgeX REUSDC | +0.0039% | 4h | 0.4642 | −0.097% | $8K | $218K | 10x | as long as short |
| MEXC RE_USDT | +0.0046% | 4h | 0.4645 | −0.037% | $1.3M | $431K | 50x | as long as short |
| Extended RE-USD | +0.0048% | 1h | 0.4645 | −0.041% | $788 | — | 5x | as long as short |
| Binance REUSDTshort | +0.0051% | 4h | 0.4645 | −0.031% | $8.3M | $8.0M | 50x | |
| OKX RE-USDT-SWAPlong | +0.0085% | 4h | 0.4647 | long leg | $1.8M | $3.4M | 20x | |
| BloFin RE-USDT | +0.0091% | 4h | 0.4648 | +0.028% | $360K | $20K | 50x | as long as short |
| Aster REUSDT | +0.0100% | 4h | 0.4647 | +0.011% | $30K | $23K | 20x | as long as short |
| Bybit REUSDT | +0.0100% | 4h | 0.4648 | +0.028% | $1.4M | $1.2M | 20x | as long as short |
| Gate RE_USDT | +0.0100% | 4h | 0.4649 | +0.056% | $421K | $919K | 20x | as long as short |
Show all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin REUSDTM | +0.0100% | 4h | 0.4649 | +0.041% | $1.4M | $921K | 20x | as long as short |
| Bitget REUSDT | +0.0100% | 4h | 0.4649 | +0.047% | $1.8M | $545K | 20x | as long as short |
| BingX RE-USDT | +0.0100% | 4h | 0.4646 | −0.015% | — | $1.7M | — | as long as short |
| Orderly PERP_RE_USDC_mythos | +0.0100% | 4h | 0.4650 | +0.071% | $4K | — | 10x | as long as short |
OKX RE-USDT-SWAP
Binance REUSDT
gTrade (Gains Network) RE/USD
edgeX REUSDC
MEXC RE_USDT
Extended RE-USD
BloFin RE-USDT
Aster REUSDT
Bybit REUSDT
Gate RE_USDT
KuCoin REUSDTM
Bitget REUSDT
BingX RE-USDT