Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.073%
Price spread now: Binance against OKX−0.122%7-day average −0.020% · you buy dearer than you sell
Net, funding: paid 7d − costs−$273as in the Funding arb table
Net, price: spread back to 7d avg − costs−$276as in the Price arb table
costs, in and out, $10k−$2662.657% of the position
Funding, last 7 days−0.070%−$7 on $10k
+Price spread, last 2 days (all we have)+0.096%+$10 · spread now −0.122%, 7d avg −0.020%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.102% cheaper against OKX than usual: you would sell low and buy high, −$10 on $10k if it goes back to its 7-day average of −0.020%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX BSP-USDT-SWAP | 38.530 | 0 | get 0.0000% / 8h | 39m 11s | $154K | $160K | 10x |
| Short | Binance BSPUSDT | 38.483 | 0 | get 0.0000% / 8h | 39m 11s | $480K | $691K | 10x |
OKX BSP-USDT-SWAP
Binance BSPUSDTFunding 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
- $0
- Price spread: −0.122% → −0.020%
- −$10.24
- Slippage, 4 orders
- −$245.72
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$275.96
- Costs to cover
- 2.657%
- Break-even
- never at this rate
Slippage from OKX: live order book, 61 min ago; Binance: live order book, 38 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, 61 min ago | 6.51 bp | 40.6 bp −$41 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 38 min ago | 2.60 bp | 60.4 bp −$60 | 124.6 bp −$1,246 | doesn't fit | doesn't fit |
BSP on 7 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 BSPUSDTshort | 0.0000% | 8h | 38.483 | −0.122% | $480K | $691K | 10x | |
| Bybit BSPUSDT | 0.0000% | 8h | 38.490 | −0.104% | $379K | $81K | 25x | as long as short |
| OKX BSP-USDT-SWAPlong | 0.0000% | 8h | 38.530 | long leg | $154K | $160K | 10x | |
| Gate BSP_USDT | 0.0000% | 8h | 38.490 | −0.104% | $251K | $252K | 25x | as long as short |
| Bitget BSPUSDT | 0.0000% | 8h | 38.510 | −0.052% | $100K | $64K | 20x | as long as short |
| KuCoin BSPUSDTM | +0.0100% | 8h | 38.630 | +0.260% | $49K | $173K | 20x | as long as short |
| HTX BSP-USDT | +0.0100% | 8h | 38.490 | −0.104% | $6K | $42K | 10x | as long as short |
Bybit BSPUSDT
Gate BSP_USDT
Bitget BSPUSDT
KuCoin BSPUSDTM
HTX BSP-USDT