Funding you earn now, next payment 08:00 UTC+0.0131%/8h= +14.3% APRnext payment +$1.31 per $10,000 · paid last 24h +0.017%
Price spread now: OKX against Binance+0.003%7-day average +0.007% · you sell dearer than you buy
Net, funding: paid 7d − costs−$56as in the Funding arb table
Net, price: spread back to 7d avg − costs−$55as in the Price arb table
costs, in and out, $10k−$550.549% of the position
Funding, last 7 days−0.015%−$1 on $10k
+Price spread, last 2 days (all we have)+0.049%+$5 · spread now +0.003%, 7d avg +0.007%
=The price spread sits at its 7-day average of +0.007%, so right now this pair is about funding alone: +$4 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance BEUSDT | 275.06 | 0.0136 | pay 0.0136% / 8h | 7h 37m | $8.6M | $36.4M | 25x |
| Short | OKX BE-USDT-SWAP | 275.07 | 0.0266 | get 0.0266% / 8h | 7h 37m | $2.6M | $6.8M | 25x |
Funding 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
- $27.42
- Price spread: +0.003% → +0.007%
- −$0.36
- Slippage, 4 orders
- −$34.91
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$27.85
- Costs to cover
- 0.549%
- Break-even
- 14.1 days
Slippage from Binance: live order book, 4 min ago; OKX: 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 Binance live order book, 4 min ago | 0.91 bp | 10.2 bp −$10 | 27.9 bp −$279 | 99.1 bp −$9,912 | doesn't fit |
| Sell OKX live order book, 5 min ago | 1.82 bp | 22.0 bp −$22 | 74.4 bp −$744 | doesn't fit | doesn't fit |
BE on 21 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 BEUSDT | 0.0000% | 8h | 274.73 | −0.120% | $346K | $119K | 20x | as long as short |
| Gate BE_USDT | 0.0000% | 8h | 274.80 | −0.095% | $1.5M | $3.4M | 50x | as long as short |
| Bitget BEUSDT | 0.0000% | 8h | 274.86 | −0.073% | $1.7M | $2.6M | 20x | as long as short |
| SunX BE-USDT | 0.0000% | 8h | 274.92 | −0.051% | $976 | $2.5M | 10x | as long as short |
| HTX BE-USDT | 0.0000% | 8h | 275.07 | +0.003% | $13K | $33K | 20x | as long as short |
| Lighter BE | +0.0032% | 1h | 274.89 | −0.062% | — | — | 10x | as long as short |
| Lighter RH BE | +0.0032% | 1h | 275.01 | −0.019% | $251K | $300K | 10x | as long as short |
| QFEX BE-USD | +0.0037% | 1h | 275.05 | −0.004% | $1.3M | $3.7M | 10x | as long as short |
| Arcus BE-USD | +0.0040% | 1h | 274.93 | −0.048% | $115K | $113K | 10x | as long as short |
| Vest BE-USD-PERP | +0.0046% | 1h | 274.91 | −0.055% | — | — | 10x | as long as short |
Show all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit BEUSDT | +0.0054% | 8h | 275.11 | +0.018% | $2.0M | $1.2M | 25x | as long as short |
| tradeXYZ xyz:BE | +0.0100% | 1h | 274.90 | −0.059% | $5.9M | $2.9M | 10x | as long as short |
| KuCoin BEUSDTM | +0.0100% | 8h | 274.85 | −0.077% | $371K | $22K | 20x | as long as short |
| Aevo BE-PERP | +0.0104% | 1h | 274.90 | −0.058% | — | — | 10x | as long as short |
| Coinbase International BE-PERP-INTX | +0.0128% | 1h | 275.39 | +0.119% | $477K | $132K | 10x | as long as short |
| Binance BEUSDTlong | +0.0136% | 8h | 275.06 | long leg | $8.6M | $36.4M | 25x | |
| Extended BE-USD | +0.0136% | 1h | 274.97 | −0.032% | $47K | $382K | 10x | as long as short |
| BloFin BE-USDT | +0.0252% | 8h | 275.21 | +0.054% | $45K | $142K | 20x | as long as short |
| OKX BE-USDT-SWAPshort | +0.0266% | 8h | 275.07 | +0.003% | $2.6M | $6.8M | 25x | |
| Deribit BE_USDC-PERPETUAL | +0.0405% | 1h | 275.00 | −0.022% | $7K | $4K | 10x | as long as short |
| GRVT BE_USDT_Perp | +0.0684% | 8h | 275.22 | +0.058% | $7K | $178K | 10x | as long as short |
Binance BEUSDT
OKX BE-USDT-SWAP
Aster BEUSDT
Gate BE_USDT
Bitget BEUSDT
SunX BE-USDT
HTX BE-USDT
Lighter BE
Lighter RH BE
Bybit BEUSDT
tradeXYZ xyz:BE
KuCoin BEUSDTM
Coinbase International BE-PERP-INTX
Extended BE-USD
BloFin BE-USDT
Deribit BE_USDC-PERPETUAL
GRVT BE_USDT_Perp