Funding you earn now, next payment 00:00 UTC+0.0062%/8h= +6.8% APRpaid last 24h +0.018%
Price spread now: OKX against Binance+0.017%7-day average −0.085% · you sell dearer than you buy
Net, funding: paid 7d − costs−$147as in the Funding arb table
Net, price: spread back to 7d avg − costs−$139as in the Price arb table
costs, in and out, $10k−$1501.496% of the position
Funding, last 7 days+0.030%+$3 on $10k
+Price spread, last 7 days−0.109%−$11 · spread now +0.017%, 7d avg −0.085%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and OKX is 0.102% dearer against Binance than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of −0.085%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance 1000SATSUSDT | 0.00000001205 | 0.0100 | pay 0.0050% / 4h | 2h 28m | $2.1M | $5.0M | 25x |
| Short | OKX SATS-USDT-SWAP | 0.00000001205 | 0.0162 | get 0.0162% / 8h | 2h 28m | $817K | $2.9M | 10x |
Binance 1000SATSUSDT
OKX SATS-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against Binance. 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
- $12.98
- Price spread: +0.017% → −0.085%
- $10.19
- Slippage, 4 orders
- −$129.58
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$126.41
- Costs to cover
- 1.496%
- Break-even
- 75.2 days
Slippage from Binance: live order book, 9 min ago; OKX: live order book, 4 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 Binance live order book, 9 min ago | 4.16 bp | 26.9 bp −$27 | 361.0 bp −$3,610 | doesn't fit | doesn't fit |
| Sell OKX live order book, 4 min ago | 3.74 bp | 45.5 bp −$45 | doesn't fit | doesn't fit | doesn't fit |
SATS on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance 1000SATSUSDTlong | +0.0100% | 4h | 0.00000001205 | long leg | $2.1M | $5.0M | 25x | |
| Bybit 10000SATSUSDT | +0.0100% | 4h | 0.00000001205 | +0.017% | $280K | $856K | 13x | as long as short |
| Gate SATS_USDT | +0.0100% | 4h | 0.00000001202 | −0.249% | $335K | $227K | 25x | as long as short |
| KuCoin 10000SATSUSDTM | +0.0100% | 4h | 0.00000001204 | −0.083% | $209K | $80K | 10x | as long as short |
| Bitget 1000SATSUSDT | +0.0100% | 4h | 0.00000001206 | +0.083% | $706K | $207K | 25x | as long as short |
| BingX 10000SATS-USDT | +0.0156% | 4h | 0.00000001205 | 0.000% | — | $89.4M | — | as long as short |
| MEXC SATS_USDT | +0.0160% | 8h | 0.00000001205 | 0.000% | $352K | $178K | 100x | as long as short |
| OKX SATS-USDT-SWAPshort | +0.0162% | 8h | 0.00000001205 | +0.017% | $817K | $2.9M | 10x |
Bybit 10000SATSUSDT
Gate SATS_USDT
KuCoin 10000SATSUSDTM
Bitget 1000SATSUSDT
BingX 10000SATS-USDT
MEXC SATS_USDT