Funding you earn now, next payment 00:00 UTC−0.0119%/8h= −13.1% APRpaid last 24h +0.060%
Price spread now: Binance against OKX−0.269%7-day average +0.082% · you buy dearer than you sell
Net, funding: paid 7d − costs−$209as in the Funding arb table
Net, price: spread back to 7d avg − costs−$212as in the Price arb table
costs, in and out, $10k−$1771.770% of the position
Funding, last 7 days−0.316%−$32 on $10k
+Price spread, last 2 days (all we have)+0.161%+$16 · spread now −0.269%, 7d avg +0.082%
=Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Binance is 0.351% cheaper against OKX than usual: you would sell low and buy high (−$35 if the spread goes back to its 7-day average of +0.082%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX CSOPSKHYNIX2L-USDT-SWAP | 5.7890 | 0.0494 | pay 0.0494% / 8h | 1h 16m | $136K | $125K | 10x |
| Short | Binance CSOPSKHYNIX2LUSDT | 5.7734 | 0.0374 | get 0.0187% / 4h | 1h 16m | $1.5M | $3.4M | 20x |
OKX CSOPSKHYNIX2L-USDT-SWAP
Binance CSOPSKHYNIX2LUSDTFunding 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
- −$25.05
- Price spread: −0.269% → +0.082%
- −$35.11
- Slippage, 4 orders
- −$157.03
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$237.19
- Costs to cover
- 1.770%
- Break-even
- never at this rate
Slippage from OKX: live order book, 63 min ago; Binance: 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, 63 min ago | 4.37 bp | 59.3 bp −$59 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 4 min ago | 1.73 bp | 16.2 bp −$16 | 62.9 bp −$629 | doesn't fit | doesn't fit |
CSOPSKHYNIX2L 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit CSOPSKHYNIX2LUSDT | 0.0000% | 8h | 5.7710 | −0.311% | $107K | $86K | 20x | as long as short |
| Gate CSOPSKHYNIX2L_USDT | 0.0000% | 4h | 5.7590 | −0.518% | $63K | $14K | 20x | as long as short |
| HTX CSOPSKHYNIX2L-USDT | 0.0000% | 4h | 5.7950 | +0.104% | $24K | $340K | 10x | as long as short |
| Binance CSOPSKHYNIX2LUSDTshort | +0.0374% | 4h | 5.7734 | −0.269% | $1.5M | $3.4M | 20x | |
| MEXC CSOPSKHYNIX2L_USDT | +0.0378% | 4h | 5.7680 | −0.363% | $172K | $83K | 10x | as long as short |
| BloFin CSOPSKHYNIX2L-USDT | +0.0391% | 4h | 5.7700 | −0.328% | — | $165K | 20x | as long as short |
| OKX CSOPSKHYNIX2L-USDT-SWAPlong | +0.0494% | 8h | 5.7890 | long leg | $136K | $125K | 10x |
Bybit CSOPSKHYNIX2LUSDT
Gate CSOPSKHYNIX2L_USDT
HTX CSOPSKHYNIX2L-USDT
MEXC CSOPSKHYNIX2L_USDT
BloFin CSOPSKHYNIX2L-USDT