Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against OKX+0.017%7-day average +0.036% · you sell dearer than you buy
Net, funding: paid 7d − costs−$238as in the Funding arb table
Net, price: spread back to 7d avg − costs−$251as in the Price arb table
costs, in and out, $10k−$2492.488% of the position
Funding, last 7 days+0.108%+$11 on $10k
+Price spread, last 2 days (all we have)+0.002%$0 · spread now +0.017%, 7d avg +0.036%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX NET-USDT-SWAP | 351.69 | 0 | get 0.0000% / 8h | 1h 32m | $177K | $109K | 20x |
| Short | Binance NETUSDT | 351.75 | 0 | get 0.0000% / 8h | 1h 32m | $369K | $842K | 20x |
OKX NET-USDT-SWAP
Binance NETUSDTFunding 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
- $0
- Price spread: +0.017% → +0.036%
- −$1.91
- Slippage, 4 orders
- −$228.84
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$250.75
- Costs to cover
- 2.488%
- Break-even
- never at this rate
Slippage from OKX: live order book, 48 min ago; Binance: live order book, 30 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, 48 min ago | 9.67 bp | 106.2 bp −$106 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 30 min ago | 3.98 bp | 39.5 bp −$39 | 143.6 bp −$1,436 | 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 NETUSDTshort | 0.0000% | 8h | 351.75 | +0.017% | $369K | $842K | 20x | |
| Bybit NETUSDT | 0.0000% | 8h | 351.86 | +0.048% | $381K | $111K | 25x | as long as short |
| OKX NET-USDT-SWAPlong | 0.0000% | 8h | 351.69 | long leg | $177K | $109K | 20x | |
| Gate NET_USDT | 0.0000% | 8h | 351.10 | −0.168% | $39K | $6K | 20x | as long as short |
| Bitget NETUSDT | 0.0000% | 8h | 352.11 | +0.119% | $216K | $580K | 20x | as long as short |
| HTX NET-USDT | 0.0000% | 8h | 352.59 | +0.256% | $9K | $353K | 20x | as long as short |
| tradeXYZ xyz:NET | +0.0168% | 1h | 351.93 | +0.068% | $370K | $188K | 10x | as long as short |
| Phoenix NET | +0.0296% | 1h | 352.13 | +0.125% | $170 | $85K | 10x | as long as short |
| Paragon para:NET | +0.0377% | 1h | 351.95 | +0.074% | $175K | $38K | 10x | as long as short |
| edgeX NETUSDC | +0.0662% | 4h | 351.97 | +0.081% | $37K | $322K | 10x | as long as short |
Bybit NETUSDT
Gate NET_USDT
Bitget NETUSDT
HTX NET-USDT
tradeXYZ xyz:NET
Phoenix NET
Paragon para:NET
edgeX NETUSDC