Funding you earn now, next payment 00:00 UTC+0.0162%/8h= +17.8% APRnext payment +$1.62 per $10,000 · paid last 24h +0.019%
Price spread now: Binance against OKX−0.007%7-day average +0.059% · you buy dearer than you sell
Net, funding: paid 7d − costs−$109as in the Funding arb table
Net, price: spread back to 7d avg − costs−$131as in the Price arb table
costs, in and out, $10k−$1241.243% of the position
Funding, last 7 days+0.149%+$15 on $10k
+Price spread, last 2 days (all we have)+0.002%$0 · spread now −0.007%, 7d avg +0.059%
=Funding pays, the price is against you. Binance is 0.066% cheaper against OKX than usual: you would sell low and buy high (spread −0.007% now, against its 7-day average of +0.059%). If the spread goes back, that is −$7 on $10k: about 32 hours of funding at the current rate (+$5 a day). At the pace of the last 7 days (+0.149% in total) that is about 3.1 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX LRCX-USDT-SWAP | 304.49 | 0 | get 0.0000% / 8h | 25m 14s | $390K | $338K | 20x |
| Short | Binance LRCXUSDT | 304.47 | 0.0162 | get 0.0162% / 8h | 25m 14s | $862K | $2.8M | 20x |
OKX LRCX-USDT-SWAP
Binance LRCXUSDTFunding 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
- $34.06
- Price spread: −0.007% → +0.059%
- −$6.57
- Slippage, 4 orders
- −$104.31
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$96.82
- Costs to cover
- 1.243%
- Break-even
- 26.9 days
Slippage from OKX: live order book, 50 min ago; Binance: live order book, 10 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, 50 min ago | 9.89 bp | 49.3 bp −$49 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 10 min ago | 0.33 bp | 7.7 bp −$8 | 66.2 bp −$662 | doesn't fit | doesn't fit |
LRCX on 12 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 LRCXUSDT | 0.0000% | 8h | 304.32 | −0.056% | $354K | $586K | 25x | as long as short |
| OKX LRCX-USDT-SWAPlong | 0.0000% | 8h | 304.49 | long leg | $390K | $338K | 20x | |
| Gate LRCX_USDT | 0.0000% | 8h | 304.30 | −0.062% | $267K | $445K | 20x | as long as short |
| Bitget LRCXUSDT | 0.0000% | 8h | 304.19 | −0.099% | $311K | $210K | 20x | as long as short |
| QFEX LRCX-USD | +0.0040% | 1h | 304.37 | −0.039% | $1.1M | $2.9M | 10x | as long as short |
| Extended LRCX_24_5-USD | +0.0040% | 1h | 304.60 | +0.036% | — | — | 10x | as long as short |
| Vest LRCX-USD-PERP | +0.0046% | 1h | 304.42 | −0.023% | — | $4K | 10x | as long as short |
| KuCoin LRCXUSDTM | +0.0100% | 8h | 304.26 | −0.076% | $177K | $769K | 20x | as long as short |
| HTX LRCX-USDT | +0.0100% | 8h | 304.49 | 0.000% | $9K | $350K | 10x | as long as short |
| Paragon para:LRCX | +0.0145% | 1h | 304.60 | +0.034% | $450K | $52K | 10x | as long as short |
Bybit LRCXUSDT
Gate LRCX_USDT
Bitget LRCXUSDT
QFEX LRCX-USD
Extended LRCX_24_5-USD
Vest LRCX-USD-PERP
KuCoin LRCXUSDTM
HTX LRCX-USDT
Paragon para:LRCXShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance LRCXUSDTshort | +0.0162% | 8h | 304.47 | −0.007% | $862K | $2.8M | 20x | |
| BloFin LRCX-USDT | +0.0166% | 8h | 304.53 | +0.013% | $63K | $36K | 20x | as long as short |
BloFin LRCX-USDT