Funding you earn now, next payment 12:00 UTC+0.0624%/8h= +68.3% APRpaid last 24h −0.030%
Price spread now: Binance against OKX−0.089%7-day average −0.034% · you buy dearer than you sell
Net, funding: paid 7d − costs−$385as in the Funding arb table
Net, price: spread back to 7d avg − costs−$371as in the Price arb table
costs, in and out, $10k−$3653.651% of the position
Funding, last 7 days−0.196%−$20 on $10k
+Price spread, last 2 days (all we have)+0.142%+$14 · spread now −0.089%, 7d avg −0.034%
=Funding pays, the price is against you. Binance is 0.055% cheaper against OKX than usual: you would sell low and buy high (spread −0.089% now, against its 7-day average of −0.034%). If the spread goes back, that is −$6 on $10k: about 7 hours of funding at the current rate (+$19 a day). Mind the row above: over the last 7 days funding on this pair cost −0.196%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.196% in total (about -11.0% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX LGELECTRONICS-USDT-SWAP | 157.35 | −0.0061 | get 0.0061% / 8h | 4h 50m | $102K | $102K | 10x |
| Short | Binance LGELECTRONICSUSDT | 157.21 | 0.0563 | get 0.0281% / 4h | 50m 41s | $101K | $734K | 20x |
OKX LGELECTRONICS-USDT-SWAP
Binance LGELECTRONICSUSDTFunding 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
- $131.01
- Price spread: −0.089% → −0.034%
- −$5.51
- Slippage, 4 orders
- −$345.13
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$239.63
- Costs to cover
- 3.651%
- Break-even
- 19.8 days
Slippage from OKX: live order book, 52 min ago; Binance: live order book, 34 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, 52 min ago | 7.89 bp | 100.1 bp −$100 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 34 min ago | 3.15 bp | 63.7 bp −$64 | doesn't fit | doesn't fit | doesn't fit |
LGELECTRONICS on 9 exchanges
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 LGELECTRONICSUSDT | −0.0996% | 8h | 157.44 | +0.057% | $40K | $56K | 25x | as long as short |
| Bitget LGELECTRONICSUSDT | −0.0091% | 8h | 157.60 | +0.159% | $245K | $690K | 20x | as long as short |
| OKX LGELECTRONICS-USDT-SWAPlong | −0.0061% | 8h | 157.35 | long leg | $102K | $102K | 10x | |
| edgeX LGELUSDC | −0.0035% | 4h | 157.22 | −0.082% | $13K | $220K | 10x | as long as short |
| Gate LGELECTRONICS_USDT | 0.0000% | 4h | 157.45 | +0.064% | $106K | $72K | 20x | as long as short |
| HTX LGELECTRONICS-USDT | 0.0000% | 4h | 157.20 | −0.095% | $10K | $43K | 10x | as long as short |
| Binance LGELECTRONICSUSDTshort | +0.0563% | 4h | 157.21 | −0.089% | $101K | $734K | 20x | |
| MEXC LGELECTRONICS_USDT | +0.0572% | 4h | 157.68 | +0.210% | $228K | $141K | 20x | as long as short |
| GRVT LGELECTRONICS_USDT_Perp | +0.2884% | 4h | 157.49 | +0.086% | $8 | $157K | 10x | as long as short |
Bybit LGELECTRONICSUSDT
Bitget LGELECTRONICSUSDT
edgeX LGELUSDC
Gate LGELECTRONICS_USDT
HTX LGELECTRONICS-USDT
MEXC LGELECTRONICS_USDT
GRVT LGELECTRONICS_USDT_Perp