Funding you earn now, next payment 06:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.001%
Price spread now: OKX against tradeXYZ+0.100%7-day average +0.066% · you sell dearer than you buy
Net, funding: paid 7d − costs−$58as in the Funding arb table
Net, price: spread back to 7d avg − costs−$44as in the Price arb table
costs, in and out, $10k−$470.471% of the position
Funding, last 7 days−0.114%−$11 on $10k
+Price spread, last 7 days−0.051%−$5 · spread now +0.100%, 7d avg +0.066%
=Together, before fees−0.165%+ Points / potential airdroptradeXYZ: Active · farm board−$16 on $10k · with fees, hour by hour
The price spread pays, funding is against you. OKX is 0.034% dearer against tradeXYZ than usual: you sell high and buy low (spread +0.100% now, against its 7-day average of +0.066%): +$3 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 2.3 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:BE | 271.03 | 0.0050 | pay 0.0006% / 1h | 24m 03s | $5.9M | $2.7M | 10x |
| Short | OKX BE-USDT-SWAP | 271.30 | 0 | get 0.0000% / 8h | 2h 24m | $2.6M | $6.8M | 25x |
tradeXYZ xyz:BE
OKX BE-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against tradeXYZ. 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
- −$10.5
- Price spread: +0.100% → +0.066%
- $3.4
- Slippage, 4 orders
- −$19.13
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$54.22
- Costs to cover
- 0.471%
- Break-even
- never at this rate
Slippage from tradeXYZ: live order book, 4 min ago; OKX: 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 tradeXYZ live order book, 4 min ago | 0.92 bp | 16.8 bp −$17 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 4 min ago | 0.19 bp | 5.2 bp −$5 | 56.4 bp −$564 | 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 | −0.0131% | 8h | 271.16 | +0.048% | $1.6M | $2.6M | 20x | as long as short |
| Aster BEUSDT | 0.0000% | 8h | 271.35 | +0.116% | $340K | $121K | 20x | as long as short |
| Extended BE-USD | 0.0000% | 1h | 271.12 | +0.033% | $46K | $258K | 10x | as long as short |
| Binance BEUSDT | 0.0000% | 8h | 271.19 | +0.058% | $8.2M | $37.2M | 25x | as long as short |
| OKX BE-USDT-SWAPshort | 0.0000% | 8h | 271.30 | +0.100% | $2.6M | $6.8M | 25x | |
| Gate BE_USDT | 0.0000% | 8h | 271.00 | −0.011% | $1.4M | $3.3M | 50x | as long as short |
| GRVT BE_USDT_Perp | 0.0000% | 8h | 271.07 | +0.016% | $6K | $159K | 10x | as long as short |
| SunX BE-USDT | 0.0000% | 8h | 270.96 | −0.026% | $1K | $2.3M | 10x | as long as short |
| HTX BE-USDT | 0.0000% | 8h | 270.88 | −0.055% | $12K | $35K | 20x | as long as short |
| Bybit BEUSDT | +0.0004% | 8h | 271.07 | +0.015% | $2.0M | $1.1M | 25x | as long as short |
Bitget BEUSDT
Aster BEUSDT
Extended BE-USD
Binance BEUSDT
Gate BE_USDT
GRVT BE_USDT_Perp
SunX BE-USDT
HTX BE-USDT
Bybit BEUSDTShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX BE-USD | +0.0024% | 1h | 270.93 | −0.037% | $1.3M | $2.5M | 10x | as long as short |
| Lighter BE | +0.0032% | 1h | 271.08 | +0.018% | — | — | 10x | as long as short |
| Lighter RH BE | +0.0032% | 1h | 271.12 | +0.033% | $242K | $299K | 10x | as long as short |
| Arcus BE-USD | +0.0040% | 1h | 270.62 | −0.151% | $113K | $109K | 10x | as long as short |
| Vest BE-USD-PERP | +0.0046% | 1h | 270.78 | −0.092% | — | — | 10x | as long as short |
| tradeXYZ xyz:BElong | +0.0050% | 1h | 271.03 | long leg | $5.9M | $2.7M | 10x | |
| Coinbase International BE-PERP-INTX | +0.0056% | 1h | 270.59 | −0.162% | $473K | $134K | 10x | as long as short |
| KuCoin BEUSDTM | +0.0100% | 8h | 271.12 | +0.033% | $366K | $18K | 20x | as long as short |
| Aevo BE-PERP | +0.0104% | 1h | 271.04 | +0.004% | — | — | 10x | as long as short |
| BloFin BE-USDT | +0.0120% | 8h | 270.94 | −0.033% | $45K | $145K | 20x | as long as short |
| Deribit BE_USDC-PERPETUAL | +0.0303% | 1h | 271.27 | +0.089% | $6K | $4K | 10x | as long as short |
QFEX BE-USD
Lighter BE
Lighter RH BE
Arcus BE-USD
Vest BE-USD-PERP
Coinbase International BE-PERP-INTX
KuCoin BEUSDTM
Aevo BE-PERP
BloFin BE-USDT
Deribit BE_USDC-PERPETUAL