Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: OKX against BingX−0.046%7-day average 0.000% · you buy dearer than you sell
Net, funding: paid 7d − costs−$115as in the Funding arb table
Net, price: spread back to 7d avg − costs−$120as in the Price arb table
costs, in and out, $10k−$1151.154% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 7 days+0.028%+$3 · spread now −0.046%, 7d avg 0.000%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.046% cheaper against BingX than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of 0.000%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX SPK-USDT | 0.02173 | 0.0100 | pay 0.0050% / 4h | 1h 41m | — | $2.3M | — |
| Short | OKX SPK-USDT-SWAP | 0.02172 | 0.0100 | get 0.0050% / 4h | 1h 41m | $765K | $2.0M | 20x |
BingX SPK-USDT
OKX SPK-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against BingX. 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: −0.046% → 0.000%
- −$4.6
- Slippage, 4 orders
- −$95.4
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$120
- Costs to cover
- 1.154%
- Break-even
- never at this rate
Slippage from BingX: live order book, 7 min ago; OKX: live order book, 6 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 BingX live order book, 7 min ago | 6.95 bp | 26.3 bp −$26 | 74.6 bp −$746 | 837.3 bp −$83.7K | 1288.4 bp −$644.2K |
| Sell OKX live order book, 6 min ago | 6.95 bp | 27.5 bp −$27 | 168.6 bp −$1,686 | doesn't fit | doesn't fit |
SPK 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate SPK_USDT | −0.0552% | 4h | 0.02174 | +0.046% | $141K | $131K | 50x | as long as short |
| Aster SPKUSDT | −0.0119% | 4h | 0.02173 | −0.001% | $12K | $72K | 5x | as long as short |
| BloFin SPK-USDT | +0.0082% | 4h | 0.02162 | −0.506% | $189K | $31K | 50x | as long as short |
| Binance SPKUSDT | +0.0100% | 4h | 0.02171 | −0.092% | $3.7M | $5.7M | 50x | as long as short |
| Bybit SPKUSDT | +0.0100% | 4h | 0.02172 | −0.055% | $1.9M | $2.2M | 25x | as long as short |
| OKX SPK-USDT-SWAPshort | +0.0100% | 4h | 0.02172 | −0.046% | $765K | $2.0M | 20x | |
| MEXC SPK_USDT | +0.0100% | 4h | 0.02171 | −0.092% | $2.2M | $642K | 50x | as long as short |
| KuCoin SPKUSDTM | +0.0100% | 4h | 0.02180 | +0.322% | $1.1M | $476K | 30x | as long as short |
| Bitget SPKUSDT | +0.0100% | 4h | 0.02171 | −0.092% | $1.3M | $1.5M | 50x | as long as short |
| BingX SPK-USDTlong | +0.0100% | 4h | 0.02173 | long leg | — | $2.3M | — |
Gate SPK_USDT
Aster SPKUSDT
BloFin SPK-USDT
Binance SPKUSDT
Bybit SPKUSDT
MEXC SPK_USDT
KuCoin SPKUSDTM
Bitget SPKUSDTShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni SPK | +0.0100% | 4h | 0.02163 | −0.478% | $175K | $76K | — | as long as short |
| SunX SPK-USDT | +0.0100% | 4h | 0.02221 | +2.209% | $880 | $1.2M | 20x | as long as short |
| Extended SPK-USD | +0.0104% | 1h | 0.02167 | −0.256% | $727 | $147K | 5x | as long as short |
| Kraken Futures PF_SPKUSD | +0.2746% | 1h | 0.02184 | +0.499% | $23K | $28K | 10x | as long as short |
Variational Omni SPK
SunX SPK-USDT
Extended SPK-USD
Kraken Futures PF_SPKUSD