Settings8H · net · $10k
Funding arb · Price arb /

WOO

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: OKX against BingX+0.156%7-day average +0.054% · you sell dearer than you buy
Net, funding: paid 7d − costs−$180as in the Funding arb table
Net, price: spread back to 7d avg − costs−$165as in the Price arb table
costs, in and out, $10k−$1751.753% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.048%−$5 on $10k
Price spread, last 4 days (all we have)−0.179%−$18 · spread now +0.156%, 7d avg +0.054%
Together, before fees−0.228%−$23 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.102% dearer against BingX than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of +0.054%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX WOO-USDT0.012780.0100pay 0.0100% / 8h1h 59m$2.3M
ShortOKX WOO-USDT-SWAP0.012800.0100get 0.0100% / 8h1h 59m$207K$343K10x

Funding 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: +0.156% → +0.054%
$10.22
Slippage, 4 orders
−$155.31
Fee BingX: 5 bp × 2 orders
−$10
Fee OKX: 5 bp × 2 orders
−$10
Net
−$165.09
Costs to cover
1.753%
Break-even
never at this rate
Slippage from BingX: live order book, 4 min ago; OKX: live order book, 46 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BingX live order book, 4 min ago15.65 bp35.4 bp −$35110.8 bp −$1,108595.8 bp −$59.6K1201.2 bp −$600.6K
Sell OKX live order book, 46 min ago11.79 bp52.7 bp −$53doesn't fitdoesn't fitdoesn't fit

WOO on 12 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX WOO-USD0.0000%1h0.01277−0.096%$71610xas long as short
Orderly PERP_WOO_USDC+0.0081%8h0.012780.000%$27K$5K10xas long as short
Binance WOOUSDT+0.0100%8h0.01279+0.073%$1.5M$2.6M50xas long as short
Bybit WOOUSDT+0.0100%8h0.01278+0.039%$1.2M$458K50xas long as short
OKX WOO-USDT-SWAPshort+0.0100%8h0.01280+0.156%$207K$343K10x
Gate WOO_USDT+0.0100%8h0.01277−0.078%$92K$77K25xas long as short
MEXC WOO_USDT+0.0100%8h0.012780.000%$666K$297K200xas long as short
KuCoin WOOUSDTM+0.0100%8h0.01281+0.235%$158K$47K50xas long as short
Bitget WOOUSDT+0.0100%8h0.012780.000%$209K$85K5xas long as short
BingX WOO-USDTlong+0.0100%8h0.01278long leg$2.3M
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni WOO+0.0100%8h0.01278−0.018%$2K$869as long as short
BloFin WOO-USDT+0.0127%8h0.01279+0.078%$73K$31K50xas long as short