Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.103%
Price spread now: OKX against Binance−0.067%7-day average −0.016% · you buy dearer than you sell
Net, funding: paid 7d − costs−$183as in the Funding arb table
Net, price: spread back to 7d avg − costs−$168as in the Price arb table
costs, in and out, $10k−$1631.628% of the position
Funding, last 7 days−0.207%−$21 on $10k
+Price spread, last 2 days (all we have)+0.099%+$10 · spread now −0.067%, 7d avg −0.016%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.051% cheaper against Binance than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.016%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance APPUSDT | 330.11 | 0 | get 0.0000% / 8h | 7h 56m | $3.0M | $3.9M | 25x |
| Short | OKX APP-USDT-SWAP | 329.89 | 0 | get 0.0000% / 8h | 7h 56m | $418K | $373K | 25x |
Binance APPUSDT
OKX APP-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: −0.067% → −0.016%
- −$5.08
- Slippage, 4 orders
- −$142.82
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$167.9
- Costs to cover
- 1.628%
- Break-even
- never at this rate
Slippage from Binance: live order book, 10 min ago; OKX: live order book, 14 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, 10 min ago | 1.97 bp | 22.3 bp −$22 | 90.4 bp −$904 | doesn't fit | doesn't fit |
| Sell OKX live order book, 14 min ago | 6.07 bp | 65.4 bp −$65 | doesn't fit | doesn't fit | doesn't fit |
APP on 6 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance APPUSDTlong | 0.0000% | 8h | 330.11 | long leg | $3.0M | $3.9M | 25x | |
| OKX APP-USDT-SWAPshort | 0.0000% | 8h | 329.89 | −0.067% | $418K | $373K | 25x | |
| Gate APP_USDT | 0.0000% | 8h | 329.70 | −0.124% | $783K | $686K | 25x | as long as short |
| Bitget APPUSDT | 0.0000% | 8h | 329.87 | −0.073% | $565K | $563K | 20x | as long as short |
| HTX APP-USDT | 0.0000% | 8h | 329.95 | −0.049% | $9K | $235K | 10x | as long as short |
| Extended APP_24_5-USD | +0.0040% | 1h | 329.79 | −0.097% | $23K | $6K | 10x | as long as short |
Gate APP_USDT
Bitget APPUSDT
HTX APP-USDT
Extended APP_24_5-USD