Funding you earn now, next payment 16:00 UTC−0.0050%/8h= −5.5% APRnext payment −$0.50 per $10,000 · paid last 24h —
Price spread now: OKX against Binance+0.467%7-day average −0.492% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$405as in the Price arb table
costs, in and out, $10k−$5015.010% of the position
Funding, last 7 days—no history yet
+Price spread, last 6 hours (all we have)−0.958%−$96 · spread now +0.467%, 7d avg −0.492%
=Together, before fees—needs both histories
The price spread pays, funding is against you. OKX is 0.958% dearer against Binance than usual: you sell high and buy low (spread +0.467% now, against its 7-day average of −0.492%): +$96 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 2 months.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance MOONSHOTUSDT | 68.540 | 0.0050 | pay 0.0050% / 8h | 5h 55m | $709K | $6.0M | 20x |
| Short | OKX MOONSHOT-USDT-SWAP | 68.860 | 0 | get 0.0000% / 8h | 5h 55m | $358K | $495K | 5x |
Binance MOONSHOTUSDT
OKX MOONSHOT-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
- −$10.5
- Price spread: +0.467% → −0.492%
- $95.84
- Slippage, 4 orders
- −$480.95
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$415.61
- Costs to cover
- 5.010%
- Break-even
- never at this rate
Slippage from Binance: live order book, 6 min ago; OKX: live order book, 53 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, 6 min ago | 2.21 bp | 30.4 bp −$30 | 207.5 bp −$2,075 | doesn't fit | doesn't fit |
| Sell OKX live order book, 53 min ago | 14.48 bp | 166.7 bp −$167 | doesn't fit | doesn't fit | doesn't fit |
MOONSHOT on 7 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 MOONSHOTUSDT | 0.0000% | 8h | 68.630 | +0.131% | $358K | $212K | 10x | as long as short |
| OKX MOONSHOT-USDT-SWAPshort | 0.0000% | 8h | 68.860 | +0.467% | $358K | $495K | 5x | |
| Bitget MOONSHOTUSDT | 0.0000% | 8h | 68.140 | −0.584% | $1.3M | $4.0M | 10x | as long as short |
| Binance MOONSHOTUSDTlong | +0.0050% | 8h | 68.540 | long leg | $709K | $6.0M | 20x | |
| HTX MOONSHOT-USDT | +0.0050% | 8h | 69.150 | +0.890% | $129 | $2K | 20x | as long as short |
| Gate MOONSHOT_USDT | +0.0100% | 8h | 68.640 | +0.146% | $25K | $55K | 10x | as long as short |
| SunX MOONSHOT-USDT | +0.1347% | 8h | 67.920 | −0.905% | — | $2K | — | as long as short |
Bybit MOONSHOTUSDT
Bitget MOONSHOTUSDT
HTX MOONSHOT-USDT
Gate MOONSHOT_USDT
SunX MOONSHOT-USDT