Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.135%
Price spread now: OKX against Binance+0.030%7-day average −0.005% · you sell dearer than you buy
Net, funding: paid 7d − costs−$200as in the Funding arb table
Net, price: spread back to 7d avg − costs−$185as in the Price arb table
costs, in and out, $10k−$1891.888% of the position
Funding, last 7 days−0.111%−$11 on $10k
+Price spread, last 2 days (all we have)−0.069%−$7 · spread now +0.030%, 7d avg −0.005%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.035% dearer against Binance than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.005%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance BXUSDT | 126.25 | 0 | get 0.0000% / 8h | 1h 31m | $775K | $490K | 20x |
| Short | OKX BX-USDT-SWAP | 126.29 | 0 | get 0.0000% / 8h | 1h 31m | $163K | $112K | 20x |
Binance BXUSDT
OKX BX-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: +0.030% → −0.005%
- $3.53
- Slippage, 4 orders
- −$168.78
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$185.25
- Costs to cover
- 1.888%
- Break-even
- never at this rate
Slippage from Binance: live order book, 61 min ago; OKX: live order book, 9 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, 61 min ago | 4.75 bp | 21.3 bp −$21 | 135.8 bp −$1,358 | doesn't fit | doesn't fit |
| Sell OKX live order book, 9 min ago | 3.17 bp | 77.0 bp −$77 | doesn't fit | doesn't fit | doesn't fit |
BX on 14 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 BXUSDT | 0.0000% | 8h | 126.19 | −0.048% | $5K | $2K | 20x | as long as short |
| Binance BXUSDTlong | 0.0000% | 8h | 126.25 | long leg | $775K | $490K | 20x | |
| Bybit BXUSDT | 0.0000% | 8h | 126.33 | +0.062% | $482K | $804K | 25x | as long as short |
| OKX BX-USDT-SWAPshort | 0.0000% | 8h | 126.29 | +0.030% | $163K | $112K | 20x | |
| QFEX BX-USD | 0.0000% | 1h | 126.91 | +0.521% | $1.1M | $1.5M | 10x | as long as short |
| Gate BX_USDT | 0.0000% | 8h | 126.37 | +0.094% | $422K | $25K | 20x | as long as short |
| Bitget BXUSDT | 0.0000% | 8h | 126.42 | +0.133% | $900K | $37K | 20x | as long as short |
| Variational Omni BX | 0.0000% | 8h | 126.26 | +0.009% | $43K | $12K | — | as long as short |
| GRVT BX_USDT_Perp | 0.0000% | 8h | 126.33 | +0.062% | $917 | $104K | 10x | as long as short |
| SunX BX-USDT | 0.0000% | 8h | 126.24 | −0.009% | $544 | $302K | 10x | as long as short |
Aster BXUSDT
Bybit BXUSDT
QFEX BX-USD
Gate BX_USDT
Bitget BXUSDT
Variational Omni BX
GRVT BX_USDT_Perp
SunX BX-USDTShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX BX-USDT | 0.0000% | 8h | 126.31 | +0.046% | $7K | $4K | 20x | as long as short |
| tradeXYZ xyz:BX | +0.0050% | 1h | 126.18 | −0.057% | $664K | $223K | 10x | as long as short |
| KuCoin BXUSDTM | +0.0100% | 8h | 126.06 | −0.152% | $115K | $809K | 20x | as long as short |
| Injective BX/USDC PERP | +0.0220% | 1h | 138.74 | +9.892% | $4K | $32K | 12x | as long as short |
HTX BX-USDT
tradeXYZ xyz:BX
KuCoin BXUSDTM
Injective BX/USDC PERP