Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.045%
Price spread now: OKX against Binance−0.056%7-day average −0.112% · you buy dearer than you sell
Net, funding: paid 7d − costs−$176as in the Funding arb table
Net, price: spread back to 7d avg − costs−$132as in the Price arb table
costs, in and out, $10k−$1371.373% of the position
Funding, last 7 days−0.391%−$39 on $10k
+Price spread, last 7 days+0.034%+$3 · spread now −0.056%, 7d avg −0.112%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.056% dearer against Binance than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of −0.112%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance WETUSDT | 0.07003 | 0.0100 | pay 0.0050% / 4h | 2h 55m | $1.4M | $5.8M | 50x |
| Short | OKX WET-USDT-SWAP | 0.06999 | 0.0100 | get 0.0050% / 4h | 2h 55m | $761K | $4.2M | 20x |
Binance WETUSDT
OKX WET-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
- $0
- Price spread: −0.056% → −0.112%
- $5.63
- Slippage, 4 orders
- −$117.28
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$131.65
- Costs to cover
- 1.373%
- Break-even
- never at this rate
Slippage from Binance: live order book, 12 min ago; OKX: live order book, 2 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, 12 min ago | 5.74 bp | 30.7 bp −$31 | 158.9 bp −$1,589 | doesn't fit | doesn't fit |
| Sell OKX live order book, 2 min ago | 5.01 bp | 36.0 bp −$36 | doesn't fit | doesn't fit | doesn't fit |
WET 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin WET-USDT | +0.0068% | 4h | 0.06983 | −0.284% | $68K | $11K | 50x | as long as short |
| Aster WETUSDT | +0.0100% | 4h | 0.06975 | −0.403% | $16K | $31K | 5x | as long as short |
| Binance WETUSDTlong | +0.0100% | 4h | 0.07003 | long leg | $1.4M | $5.8M | 50x | |
| Bybit WETUSDT | +0.0100% | 4h | 0.06982 | −0.299% | $1.5M | $1.7M | 50x | as long as short |
| OKX WET-USDT-SWAPshort | +0.0100% | 4h | 0.06999 | −0.056% | $761K | $4.2M | 20x | |
| MEXC WET_USDT | +0.0100% | 4h | 0.07002 | −0.013% | $169K | $174K | 50x | as long as short |
| KuCoin WETUSDTM | +0.0100% | 4h | 0.06997 | −0.085% | $670K | $739K | 50x | as long as short |
| Bitget WETUSDT | +0.0100% | 4h | 0.06990 | −0.184% | $643K | $243K | 25x | as long as short |
| BingX WET-USDT | +0.0100% | 4h | 0.06983 | −0.284% | — | $6.6M | — | as long as short |
| Gate WET_USDT | +0.0117% | 8h | 0.06999 | −0.056% | $1.0M | $93K | 50x | as long as short |
BloFin WET-USDT
Aster WETUSDT
Bybit WETUSDT
MEXC WET_USDT
KuCoin WETUSDTM
Bitget WETUSDT
BingX WET-USDT
Gate WET_USDT