Funding you earn now, next payment 08:00 UTC+0.1674%/8h= +183.3% APRpaid last 24h +0.059%
Price spread now: OKX against Binance−0.055%7-day average +0.029% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$284as in the Price arb table
costs, in and out, $10k−$2762.761% of the position
Funding, last 6 days (all we have)+0.298%+$30 on $10k
+Price spread, last 2 days (all we have)+0.012%+$1 · spread now −0.055%, 7d avg +0.029%
=Funding pays, the price is against you. OKX is 0.084% cheaper against Binance than usual: you would sell low and buy high (spread −0.055% now, against its 7-day average of +0.029%). If the spread goes back, that is −$8 on $10k: about 4 hours of funding at the current rate (+$50 a day). At the pace of the last 6 days (+0.298% in total) that is about 42 hours.
The current funding rate is far above what this pair has been paying: over the last 6 days it paid 0.298% in total (about 17.4% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance LGELECTRONICSUSDT | 158.10 | −0.4650 | get 0.2325% / 4h | 2h 02m | $113K | $771K | 20x |
| Short | OKX LGELECTRONICS-USDT-SWAP | 158.01 | −0.2977 | pay 0.2977% / 8h | 2h 02m | $105K | $102K | 20x |
Binance LGELECTRONICSUSDT
OKX LGELECTRONICS-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
- $351.44
- Price spread: −0.055% → +0.029%
- −$8.4
- Slippage, 4 orders
- −$256.08
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- $66.96
- Costs to cover
- 2.761%
- Break-even
- 5.7 days
Slippage from Binance: live order book, 30 min ago; OKX: live order book, 42 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, 30 min ago | 2.22 bp | 52.1 bp −$52 | 292.3 bp −$2,923 | doesn't fit | doesn't fit |
| Sell OKX live order book, 42 min ago | 7.92 bp | 86.0 bp −$86 | doesn't fit | doesn't fit | doesn't fit |
LGELECTRONICS on 9 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 LGELECTRONICSUSDT | −0.4901% | 8h | 158.42 | +0.205% | $242K | $735K | 20x | as long as short |
| GRVT LGELECTRONICS_USDT_Perp | −0.4840% | 4h | 157.93 | −0.105% | $663 | $176K | 10x | as long as short |
| MEXC LGELECTRONICS_USDT | −0.4654% | 4h | 158.73 | +0.401% | $238K | $135K | 20x | as long as short |
| Binance LGELECTRONICSUSDTlong | −0.4650% | 4h | 158.10 | long leg | $113K | $771K | 20x | |
| Gate LGELECTRONICS_USDT | −0.3628% | 4h | 158.37 | +0.173% | $109K | $64K | 20x | as long as short |
| OKX LGELECTRONICS-USDT-SWAPshort | −0.2977% | 8h | 158.01 | −0.055% | $105K | $102K | 20x | |
| Bybit LGELECTRONICSUSDT | −0.1882% | 8h | 157.99 | −0.067% | $40K | $55K | 25x | as long as short |
| HTX LGELECTRONICS-USDT | 0.0000% | 4h | 157.73 | −0.232% | $9K | $39K | 10x | as long as short |
| edgeX LGELUSDC | +0.0692% | 4h | 158.02 | −0.046% | $13K | $217K | 10x | as long as short |
Bitget LGELECTRONICSUSDT
GRVT LGELECTRONICS_USDT_Perp
MEXC LGELECTRONICS_USDT
Gate LGELECTRONICS_USDT
Bybit LGELECTRONICSUSDT
HTX LGELECTRONICS-USDT
edgeX LGELUSDC