Funding you earn now, next payment 08:00 UTC+0.0025%/8h= +2.7% APRnext payment +$0.25 per $10,000 · paid last 24h +0.062%
Price spread now: OKX against Binance−0.016%7-day average +0.028% · you buy dearer than you sell
Net, funding: paid 7d − costs−$125as in the Funding arb table
Net, price: spread back to 7d avg − costs−$152as in the Price arb table
costs, in and out, $10k−$1481.479% of the position
Funding, last 7 days+0.230%+$23 on $10k
+Price spread, last 7 days+0.016%+$2 · spread now −0.016%, 7d avg +0.028%
=Funding pays, the price is against you. OKX is 0.044% cheaper against Binance than usual: you would sell low and buy high (spread −0.016% now, against its 7-day average of +0.028%). If the spread goes back, that is −$4 on $10k: about 5.9 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.230% in total) that is about 32 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance FLNCUSDT | 7.4052 | 0 | get 0.0000% / 8h | 4h 42m | $1.8M | $4.7M | 20x |
| Short | OKX FLNC-USDT-SWAP | 7.4040 | 0.0025 | get 0.0025% / 8h | 4h 42m | $393K | $319K | 20x |
Binance FLNCUSDT
OKX FLNC-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
- $5.18
- Price spread: −0.016% → +0.028%
- −$4.39
- Slippage, 4 orders
- −$127.88
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$147.08
- Costs to cover
- 1.479%
- Break-even
- 205.6 days
Slippage from Binance: live order book, 9 min ago; OKX: live order book, 13 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, 9 min ago | 6.75 bp | 11.8 bp −$12 | 65.8 bp −$658 | doesn't fit | doesn't fit |
| Sell OKX live order book, 13 min ago | 4.73 bp | 58.9 bp −$59 | doesn't fit | doesn't fit | doesn't fit |
FLNC on 11 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 FLNCUSDT | 0.0000% | 8h | 7.3985 | −0.090% | $19K | $11K | 20x | as long as short |
| Extended FLNC-USD | 0.0000% | 1h | 7.4027 | −0.034% | $13K | $77K | 10x | as long as short |
| Binance FLNCUSDTlong | 0.0000% | 8h | 7.4052 | long leg | $1.8M | $4.7M | 20x | |
| Bybit FLNCUSDT | 0.0000% | 8h | 7.4100 | +0.065% | $450K | $193K | 25x | as long as short |
| Gate FLNC_USDT | 0.0000% | 8h | 7.3990 | −0.083% | $298K | $276K | 20x | as long as short |
| Bitget FLNCUSDT | 0.0000% | 8h | 7.3990 | −0.083% | $244K | $340K | 20x | as long as short |
| GRVT FLNC_USDT_Perp | 0.0000% | 8h | 7.4101 | +0.066% | $23K | $131K | 10x | as long as short |
| SunX FLNC-USDT | 0.0000% | 8h | 7.4000 | −0.070% | $902 | $1.3M | 10x | as long as short |
| HTX FLNC-USDT | 0.0000% | 8h | 7.4500 | +0.605% | $48K | $7K | 10x | as long as short |
| OKX FLNC-USDT-SWAPshort | +0.0025% | 8h | 7.4040 | −0.016% | $393K | $319K | 20x |
Aster FLNCUSDT
Extended FLNC-USD
Bybit FLNCUSDT
Gate FLNC_USDT
Bitget FLNCUSDT
GRVT FLNC_USDT_Perp
SunX FLNC-USDT
HTX FLNC-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin FLNCUSDTM | +0.0100% | 8h | 7.4000 | −0.070% | $106K | $234K | 20x | as long as short |
KuCoin FLNCUSDTM