Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: OKX against Binance−0.137%7-day average −0.024% · you buy dearer than you sell
Net, funding: paid 7d − costs−$225as in the Funding arb table
Net, price: spread back to 7d avg − costs−$233as in the Price arb table
costs, in and out, $10k−$2222.217% of the position
Funding, last 7 days−0.033%−$3 on $10k
+Price spread, last 2 days (all we have)+0.031%+$3 · spread now −0.137%, 7d avg −0.024%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.113% cheaper against Binance than usual: you would sell low and buy high, −$11 on $10k if it goes back to its 7-day average of −0.024%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance NETUSDT | 353.86 | 0 | get 0.0000% / 8h | 5h 32m | $362K | $771K | 20x |
| Short | OKX NET-USDT-SWAP | 353.37 | 0 | get 0.0000% / 8h | 5h 32m | $177K | $101K | 20x |
Binance NETUSDT
OKX NET-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
- $0
- Price spread: −0.137% → −0.024%
- −$11.31
- Slippage, 4 orders
- −$201.71
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$233.03
- Costs to cover
- 2.217%
- Break-even
- never at this rate
Slippage from Binance: live order book, 44 min ago; OKX: live order book, 27 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, 44 min ago | 7.22 bp | 24.1 bp −$24 | 102.0 bp −$1,020 | doesn't fit | doesn't fit |
| Sell OKX live order book, 27 min ago | 12.02 bp | 86.7 bp −$87 | doesn't fit | doesn't fit | doesn't fit |
NET on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance NETUSDTlong | 0.0000% | 8h | 353.86 | long leg | $362K | $771K | 20x | |
| Bybit NETUSDT | 0.0000% | 8h | 353.87 | +0.004% | $385K | $108K | 25x | as long as short |
| OKX NET-USDT-SWAPshort | 0.0000% | 8h | 353.37 | −0.137% | $177K | $101K | 20x | |
| Gate NET_USDT | 0.0000% | 8h | 353.10 | −0.214% | $40K | $6K | 20x | as long as short |
| Bitget NETUSDT | 0.0000% | 8h | 353.38 | −0.135% | $184K | $569K | 20x | as long as short |
| HTX NET-USDT | 0.0000% | 8h | 352.71 | −0.324% | $9K | $344K | 20x | as long as short |
| tradeXYZ xyz:NET | +0.0050% | 1h | 353.44 | −0.118% | $385K | $193K | 10x | as long as short |
| Paragon para:NET | +0.0060% | 1h | 352.24 | −0.457% | $175K | $37K | 10x | as long as short |
| Phoenix NET | +0.0136% | 1h | 353.88 | +0.007% | $167 | $85K | 10x | as long as short |
| edgeX NETUSDC | +0.0257% | 4h | 353.44 | −0.117% | $37K | $326K | 10x | as long as short |
Bybit NETUSDT
Gate NET_USDT
Bitget NETUSDT
HTX NET-USDT
tradeXYZ xyz:NET
Paragon para:NET
Phoenix NET
edgeX NETUSDC