Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.016%
Price spread now: OKX against Binance−0.109%7-day average −0.058% · you buy dearer than you sell
Net, funding: paid 7d − costs−$161as in the Funding arb table
Net, price: spread back to 7d avg − costs−$160as in the Price arb table
costs, in and out, $10k−$1551.552% of the position
Funding, last 7 days−0.053%−$5 on $10k
+Price spread, last 4 days (all we have)−0.187%−$19 · spread now −0.109%, 7d avg −0.058%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.051% cheaper against Binance than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.058%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance KLACUSDT | 183.00 | 0 | get 0.0000% / 8h | 2h 31m | $1.2M | $1.3M | 20x |
| Short | OKX KLAC-USDT-SWAP | 182.80 | 0 | get 0.0000% / 8h | 2h 31m | $385K | $264K | 20x |
Funding 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: −0.109% → −0.058%
- −$5.13
- Slippage, 4 orders
- −$135.19
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$160.32
- Costs to cover
- 1.552%
- Break-even
- never at this rate
Slippage from Binance: live order book, 2 min ago; OKX: live order book, 14 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, 2 min ago | 4.37 bp | 19.5 bp −$20 | 104.9 bp −$1,049 | doesn't fit | doesn't fit |
| Sell OKX live order book, 14 min ago | 4.90 bp | 78.1 bp −$78 | doesn't fit | doesn't fit | doesn't fit |
KLAC on 10 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 KLACUSDT | −0.0102% | 8h | 183.35 | +0.191% | $701K | $170K | 20x | as long as short |
| Binance KLACUSDTlong | 0.0000% | 8h | 183.00 | long leg | $1.2M | $1.3M | 20x | |
| Bybit KLACUSDT | 0.0000% | 8h | 182.95 | −0.027% | $308K | $718K | 25x | as long as short |
| OKX KLAC-USDT-SWAPshort | 0.0000% | 8h | 182.80 | −0.109% | $385K | $264K | 20x | |
| Gate KLAC_USDT | 0.0000% | 8h | 182.64 | −0.197% | $466K | $41K | 20x | as long as short |
| Variational Omni KLAC | 0.0000% | 8h | 183.10 | +0.053% | $20K | $27K | — | as long as short |
| Extended KLAC_24_5-USD | +0.0040% | 1h | 182.56 | −0.243% | $5K | $4K | 10x | as long as short |
| Vest KLAC-USD-PERP | +0.0046% | 1h | 182.66 | −0.186% | — | $6K | 10x | as long as short |
| KuCoin KLACUSDTM | +0.0100% | 8h | 182.79 | −0.115% | $205K | $925K | 20x | as long as short |
| HTX KLAC-USDT | +0.0100% | 8h | 182.70 | −0.164% | $9K | $352K | 10x | as long as short |
Binance KLACUSDT
OKX KLAC-USDT-SWAP
Bitget KLACUSDT
Bybit KLACUSDT
Gate KLAC_USDT
Variational Omni KLAC
Extended KLAC_24_5-USD
KuCoin KLACUSDTM
HTX KLAC-USDT