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 Binance−0.078%7-day average −0.135% · you buy dearer than you sell
Net, funding: paid 7d − costs−$214as in the Funding arb table
Net, price: spread back to 7d avg − costs−$202as in the Price arb table
costs, in and out, $10k−$2082.079% of the position
Funding, last 7 days−0.060%−$6 on $10k
+Price spread, last 4 days (all we have)−0.081%−$8 · spread now −0.078%, 7d avg −0.135%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.057% dearer against Binance than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of −0.135%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance YBUSDT | 0.08991 | 0.0100 | pay 0.0050% / 4h | 2h 18m | $2.1M | $1.0M | 20x |
| Short | OKX YB-USDT-SWAP | 0.08984 | 0.0100 | get 0.0050% / 4h | 2h 18m | $412K | $189K | 20x |
Binance YBUSDT
OKX YB-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: −0.078% → −0.135%
- $5.73
- Slippage, 4 orders
- −$187.85
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$202.13
- Costs to cover
- 2.079%
- Break-even
- never at this rate
Slippage from Binance: live order book, 1 min ago; OKX: live order book, 27 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, 1 min ago | 3.89 bp | 45.3 bp −$45 | 289.1 bp −$2,891 | doesn't fit | doesn't fit |
| Sell OKX live order book, 27 min ago | 6.13 bp | 55.7 bp −$56 | doesn't fit | doesn't fit | doesn't fit |
YB on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster YBUSDT | +0.0100% | 4h | 0.08993 | +0.018% | $7K | $2K | 5x | as long as short |
| Binance YBUSDTlong | +0.0100% | 4h | 0.08991 | long leg | $2.1M | $1.0M | 20x | |
| Bybit YBUSDT | +0.0100% | 4h | 0.08997 | +0.067% | $597K | $83K | 25x | as long as short |
| OKX YB-USDT-SWAPshort | +0.0100% | 4h | 0.08984 | −0.078% | $412K | $189K | 20x | |
| Gate YB_USDT | +0.0100% | 4h | 0.08980 | −0.122% | $104K | $19K | 20x | as long as short |
| MEXC YB_USDT | +0.0100% | 4h | 0.08990 | −0.011% | $614K | $119K | 50x | as long as short |
| KuCoin YBUSDTM | +0.0100% | 4h | 0.08960 | −0.345% | $184K | $14K | 20x | as long as short |
| Bitget YBUSDT | +0.0100% | 4h | 0.08980 | −0.122% | $548K | $27K | 10x | as long as short |
| BingX YB-USDT | +0.0100% | 4h | 0.08990 | −0.011% | — | $6.5M | — | as long as short |
| Variational Omni YB | +0.0100% | 4h | 0.08964 | −0.301% | $3K | $3K | — | as long as short |
Aster YBUSDT
Bybit YBUSDT
Gate YB_USDT
MEXC YB_USDT
KuCoin YBUSDTM
Bitget YBUSDT
BingX YB-USDT
Variational Omni YBShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX YB-USDT | +0.0100% | 4h | 0.09200 | +2.325% | $2K | $1.3M | 20x | as long as short |
| BloFin YB-USDT | +0.0118% | 4h | 0.08982 | −0.100% | $103K | $11K | 20x | as long as short |
SunX YB-USDT
BloFin YB-USDT