Funding you earn now, next payment 00:00 UTC+0.0120%/8h= +13.1% APRnext payment +$0.60 per $10,000 · paid last 24h +0.110%
Price spread now: Binance against OKX−0.050%7-day average −0.100% · you buy dearer than you sell
Net, funding: paid 7d − costs−$191as in the Funding arb table
Net, price: spread back to 7d avg − costs−$203as in the Price arb table
costs, in and out, $10k−$2082.080% of the position
Funding, last 7 days+0.172%+$17 on $10k
+Price spread, last 4 days (all we have)−0.022%−$2 · spread now −0.050%, 7d avg −0.100%
=Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Binance is 0.050% dearer against OKX than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.100%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX TRUST-USDT-SWAP | 0.06024 | 0.0100 | pay 0.0050% / 4h | 28m 21s | $106K | $118K | 10x |
| Short | Binance TRUSTUSDT | 0.06021 | 0.0220 | get 0.0110% / 4h | 28m 21s | $1.6M | $1.1M | 10x |
OKX TRUST-USDT-SWAP
Binance TRUSTUSDTFunding 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
- $25.16
- Price spread: −0.050% → −0.100%
- $4.98
- Slippage, 4 orders
- −$188.01
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$177.87
- Costs to cover
- 2.080%
- Break-even
- 56.5 days
Slippage from OKX: live order book, 46 min ago; Binance: live order book, 5 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, 46 min ago | 11.63 bp | 61.0 bp −$61 | 15302.8 bp −$153.0K | doesn't fit | doesn't fit |
| Sell Binance live order book, 5 min ago | 0.83 bp | 46.0 bp −$46 | 129.8 bp −$1,298 | doesn't fit | doesn't fit |
TRUST on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| OKX TRUST-USDT-SWAPlong | +0.0100% | 4h | 0.06024 | long leg | $106K | $118K | 10x | |
| Gate TRUST_USDT | +0.0100% | 8h | 0.06034 | +0.166% | $494K | $21K | 10x | as long as short |
| KuCoin TRUSTUSDTM | +0.0100% | 4h | 0.06020 | −0.066% | $283K | $725K | 10x | as long as short |
| Bitget TRUSTUSDT | +0.0100% | 4h | 0.06033 | +0.149% | $648K | $57K | 10x | as long as short |
| Binance TRUSTUSDTshort | +0.0220% | 4h | 0.06021 | −0.050% | $1.6M | $1.1M | 10x | |
| MEXC TRUST_USDT | +0.0222% | 4h | 0.06021 | −0.050% | $193K | $96K | 50x | as long as short |
| Aster TRUSTUSDT | +0.0287% | 4h | 0.06020 | −0.066% | $10K | $6K | 5x | as long as short |
| BingX TRUST-USDT | +0.3432% | 4h | 0.06016 | −0.133% | — | $6.5M | — | as long as short |
| Bybit TRUSTUSDT | +0.3594% | 4h | 0.05993 | −0.515% | $502K | $218K | 25x | as long as short |
| Variational Omni TRUST | +0.4332% | 4h | 0.05979 | −0.742% | $54K | $409 | — | as long as short |
Gate TRUST_USDT
KuCoin TRUSTUSDTM
Bitget TRUSTUSDT
MEXC TRUST_USDT
Aster TRUSTUSDT
BingX TRUST-USDT
Bybit TRUSTUSDT
Variational Omni TRUST