Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.000000008440 | +0.0100 | pay 0.0050% / 4h | 2h 10m | $1.2M | $2.8M | 25x | Long Binance | |
| SHORT | 0.000000008452 | +0.0100 | get 0.0100% / 8h | 2h 10m | $618K | $840K | 10x | Short OKX |
Price gap+0.142%
Funding gap0.0000% /8h
Funding is ≈ 0, so this is a price-spread trade: +$24 on $10k if the gap goes back to its 7d average.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$120.0000% /8h now · paid −0.123% over the last 7D
Price+$24spread +0.142% now, avg −0.093% → +0.235% if it goes back
Costs−$1291.286% of $10k · taker + slippage, in and out
Result−$117−1.17%no points
Price and funding
1h · historyEntry / Exit
Price spread
Prices
Fundingper 8h
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now+0.142%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hSATS on 8 exchanges
lowest funding firstBefore you open
1 ok · 4 to watch- Watch: Thin at this size33.5 / 36.0 bpAt $10k entering OKX costs 36.0 bp, fee and slippage, 1.1× Binance’s.
- Note: Margin at max leverage$400 + $1,000Binance 25x, OKX 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ4h / 8hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: $0.00Long Binance: 6 payments, −$3.00; short OKX: 3 payments, +$3.00.
- OK: Entry gap works for you+0.142% vs −0.093%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short leg is thinner$618K vs $1.2M OIOKX sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCBinance Yes · OKX YesVerified KYC to deposit or trade; futures accounts under 30 days old are capped at 20x.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0059%/8h × 21 periods−$12.32
Price spread+0.142% → −0.093% (7d avg)+$23.54
Slippage, 4 orderslive order books−$108.63
Fee Binance bp × 2 orders−$10.00
Fee OKX bp × 2 orders−$10.00
Net · 7 days · $10k−$117.40
Costs to cover1.286%Break-evennever at this rate
Slippage: Binance: live order book, 14 min ago; OKX: live order book, 44 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBinance5.9133.5 bp−$34348.8 bp−$3,488doesn’t fitdoesn’t fit
SELL · SHORTOKX7.7336.0 bp−$36doesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.