Funding you earn now, next payment 00:00 UTC+0.0022%/8h= +2.4% APRnext payment +$0.11 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against OKX+0.146%7-day average −0.052% · you sell dearer than you buy
Net, funding: paid 7d − costs−$110as in the Funding arb table
Net, price: spread back to 7d avg − costs−$91as in the Price arb table
costs, in and out, $10k−$1101.104% of the position
Funding, last 7 days+0.006%+$1 on $10k
+Price spread, last 4 days (all we have)−0.201%−$20 · spread now +0.146%, 7d avg −0.052%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Binance is 0.199% dearer against OKX than usual: you sell high and buy low: +$20 more if the spread goes back to its 7-day average of −0.052%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX YGG-USDT-SWAP | 0.02570 | 0.0078 | pay 0.0039% / 4h | 2h 28m | $984K | $887K | 10x |
| Short | Binance YGGUSDT | 0.02574 | 0.0100 | get 0.0050% / 4h | 2h 28m | $2.0M | $2.0M | 50x |
OKX YGG-USDT-SWAP
Binance YGGUSDTFunding 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
- $4.52
- Price spread: +0.146% → −0.052%
- $19.86
- Slippage, 4 orders
- −$90.42
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$86.04
- Costs to cover
- 1.104%
- Break-even
- 140.2 days
Slippage from OKX: live order book, 57 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, 57 min ago | 1.93 bp | 34.6 bp −$35 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 5 min ago | 1.94 bp | 36.8 bp −$37 | 128.5 bp −$1,285 | doesn't fit | doesn't fit |
YGG 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_YGGUSD | −0.1464% | 1h | 0.02571 | +0.038% | $12K | $3K | 10x | as long as short |
| OKX YGG-USDT-SWAPlong | +0.0078% | 4h | 0.02570 | long leg | $984K | $887K | 10x | |
| Hyperliquid YGG | +0.0100% | 1h | 0.02574 | +0.171% | $185K | $163K | 3x | as long as short |
| Aster YGGUSDT | +0.0100% | 4h | 0.02573 | +0.116% | $2K | $1K | 5x | as long as short |
| Binance YGGUSDTshort | +0.0100% | 4h | 0.02574 | +0.146% | $2.0M | $2.0M | 50x | |
| Bybit YGGUSDT | +0.0100% | 4h | 0.02573 | +0.117% | $601K | $469K | 25x | as long as short |
| Gate YGG_USDT | +0.0100% | 4h | 0.02575 | +0.195% | $297K | $634K | 20x | as long as short |
| MEXC YGG_USDT | +0.0100% | 4h | 0.02573 | +0.117% | $965K | $345K | 50x | as long as short |
| KuCoin YGGUSDTM | +0.0100% | 4h | 0.02576 | +0.233% | $206K | $53K | 30x | as long as short |
| Bitget YGGUSDT | +0.0100% | 4h | 0.02576 | +0.233% | $547K | $150K | 50x | as long as short |
Kraken Futures PF_YGGUSD
Hyperliquid YGG
Aster YGGUSDT
Bybit YGGUSDT
Gate YGG_USDT
MEXC YGG_USDT
KuCoin YGGUSDTM
Bitget YGGUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX YGG-USDT | +0.0100% | 4h | 0.02573 | +0.117% | — | $2.4M | — | as long as short |
| Variational Omni YGG | +0.0100% | 4h | 0.02574 | +0.171% | $2K | $1 | — | as long as short |
BingX YGG-USDT
Variational Omni YGG