Funding you earn now, next payment 07:00 UTC+0.0071%/8h= +7.7% APRpaid last 24h 0.000%
Price spread now: tradeXYZ against OKX−0.132%7-day average −0.066% · you buy dearer than you sell
Net, funding: paid 7d − costs−$51as in the Funding arb table
Net, price: spread back to 7d avg − costs−$69as in the Price arb table
costs, in and out, $10k−$620.623% of the position
Funding, last 7 days+0.114%+$11 on $10k
+Price spread, last 7 days+0.084%+$8 · spread now −0.132%, 7d avg −0.066%
=Together, before fees+0.198%+ Points / potential airdroptradeXYZ: Active · farm board+$20 on $10k · with fees, hour by hour
Funding pays, the price is against you. tradeXYZ is 0.067% cheaper against OKX than usual: you would sell low and buy high (spread −0.132% now, against its 7-day average of −0.066%). If the spread goes back, that is −$7 on $10k: about 3.2 days of funding at the current rate (+$2 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX BE-USDT-SWAP | 271.91 | 0 | get 0.0000% / 8h | 1h 52m | $2.6M | $6.9M | 25x |
| Short | tradeXYZ xyz:BE | 271.55 | 0.0071 | get 0.0009% / 1h | 52m 50s | $5.9M | $2.8M | 10x |
OKX BE-USDT-SWAP
tradeXYZ xyz:BEFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- $14.83
- Price spread: −0.132% → −0.066%
- −$6.68
- Slippage, 4 orders
- −$34.28
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$54.13
- Costs to cover
- 0.623%
- Break-even
- 32.6 days
Slippage from OKX: live order book, 5 min ago; tradeXYZ: live order book, 4 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, 5 min ago | 2.94 bp | 11.3 bp −$11 | 82.1 bp −$821 | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 4 min ago | 0.74 bp | 10.4 bp −$10 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget BEUSDT | −0.0040% | 8h | 271.72 | −0.070% | $1.6M | $2.6M | 20x | as long as short |
| Gate BE_USDT | −0.0033% | 8h | 271.70 | −0.077% | $1.4M | $3.3M | 50x | as long as short |
| Aster BEUSDT | 0.0000% | 8h | 272.06 | +0.055% | $341K | $121K | 20x | as long as short |
| Extended BE-USD | 0.0000% | 1h | 271.61 | −0.112% | $46K | $253K | 10x | as long as short |
| Binance BEUSDT | 0.0000% | 8h | 271.61 | −0.110% | $8.2M | $37.1M | 25x | as long as short |
| OKX BE-USDT-SWAPlong | 0.0000% | 8h | 271.91 | long leg | $2.6M | $6.9M | 25x | |
| GRVT BE_USDT_Perp | 0.0000% | 8h | 271.82 | −0.032% | $7K | $157K | 10x | as long as short |
| SunX BE-USDT | 0.0000% | 8h | 271.86 | −0.018% | $1K | $2.3M | 10x | as long as short |
| HTX BE-USDT | 0.0000% | 8h | 271.92 | +0.004% | $13K | $35K | 20x | as long as short |
| Lighter BE | +0.0032% | 1h | 271.62 | −0.107% | — | — | 10x | as long as short |
Bitget BEUSDT
Gate BE_USDT
Aster BEUSDT
Extended BE-USD
Binance BEUSDT
GRVT BE_USDT_Perp
SunX BE-USDT
HTX BE-USDT
Lighter BEShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH BE | +0.0032% | 1h | 271.66 | −0.092% | $242K | $297K | 10x | as long as short |
| QFEX BE-USD | +0.0040% | 1h | 271.70 | −0.077% | $1.3M | $2.4M | 10x | as long as short |
| Arcus BE-USD | +0.0040% | 1h | 271.66 | −0.092% | $113K | $109K | 10x | as long as short |
| Bybit BEUSDT | +0.0043% | 8h | 271.77 | −0.051% | $2.0M | $1.1M | 25x | as long as short |
| Deribit BE_USDC-PERPETUAL | +0.0044% | 1h | 271.77 | −0.051% | $6K | $4K | 10x | as long as short |
| Vest BE-USD-PERP | +0.0046% | 1h | 271.48 | −0.158% | — | — | 10x | as long as short |
| Coinbase International BE-PERP-INTX | +0.0056% | 1h | 270.59 | −0.485% | $473K | $130K | 10x | as long as short |
| tradeXYZ xyz:BEshort | +0.0071% | 1h | 271.55 | −0.132% | $5.9M | $2.8M | 10x | |
| KuCoin BEUSDTM | +0.0100% | 8h | 271.57 | −0.125% | $367K | $18K | 20x | as long as short |
| Aevo BE-PERP | +0.0104% | 1h | 271.77 | −0.052% | — | — | 10x | as long as short |
| BloFin BE-USDT | +0.0120% | 8h | 271.71 | −0.074% | $45K | $146K | 20x | as long as short |
Lighter RH BE
QFEX BE-USD
Arcus BE-USD
Bybit BEUSDT
Deribit BE_USDC-PERPETUAL
Vest BE-USD-PERP
Coinbase International BE-PERP-INTX
KuCoin BEUSDTM
Aevo BE-PERP
BloFin BE-USDT