Funding you earn now, next payment 12:00 UTC+0.0863%/8h= +94.5% APRpaid last 24h −0.018%
Price spread now: Binance against OKX+0.122%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.007%+$1 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$26 a day on $10k at the current rate, and Binance is 0.122% dearer against OKX than usual: you sell high and buy low: +$12 more if the spread goes back to zero (this spread has no 7-day history yet).
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.007% in total (about 0.4% 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 | OKX NAVER-USDT-SWAP | 147.13 | −0.0952 | get 0.0952% / 8h | 7h 43m | $11K | $34K | 20x |
| Short | Binance NAVERUSDT | 147.31 | −0.0089 | pay 0.0045% / 4h | 3h 43m | $109K | $214K | 20x |
OKX NAVER-USDT-SWAP
Binance NAVERUSDTFunding 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
- $181.22
- Price spread: +0.122% → 0.000%
- $12.23
- Slippage, 4 orders
- no order book: not counted
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $173.45
- Costs to cover
- 0.200%
- Break-even
- 0.3 days
Slippage unknown: OKX: no order-book sample; Binance: live order book, 18 min ago. Net counts fees only.
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 no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 18 min ago | 4.75 bp | 39.6 bp −$40 | doesn't fit | doesn't fit | doesn't fit |
OKX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
NAVER on 8 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 NAVERUSDT | −0.3408% | 8h | 147.12 | −0.007% | $58K | $289K | 20x | as long as short |
| OKX NAVER-USDT-SWAPlong | −0.0952% | 8h | 147.13 | long leg | $11K | $34K | 20x | |
| Binance NAVERUSDTshort | −0.0089% | 4h | 147.31 | +0.122% | $109K | $214K | 20x | |
| Bybit NAVERUSDT | 0.0000% | 8h | 147.29 | +0.109% | $20K | $16K | 25x | as long as short |
| Gate NAVER_USDT | 0.0000% | 4h | 147.64 | +0.347% | $78K | $28K | 20x | as long as short |
| GRVT NAVER_USDT_Perp | 0.0000% | 4h | 147.42 | +0.195% | $883 | $112K | 10x | as long as short |
| HTX NAVER-USDT | 0.0000% | 4h | 147.29 | +0.109% | $5K | $379K | 10x | as long as short |
| edgeX NAVERUSDC | +0.0645% | 4h | 147.36 | +0.153% | $7K | $207K | 10x | as long as short |
Bitget NAVERUSDT
Bybit NAVERUSDT
Gate NAVER_USDT
GRVT NAVER_USDT_Perp
HTX NAVER-USDT
edgeX NAVERUSDC