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−0.943%7-day average −0.920% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$339as in the Price arb table
costs, in and out, $10k−$3373.369% of the position
Funding, last 7 days—no history yet
+Price spread, last 6 hours (all we have)+0.023%+$2 · spread now −0.943%, 7d avg −0.920%
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and OKX is 0.023% cheaper against Binance than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of −0.920%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance OURAUSDT | 51.312 | 0.0050 | pay 0.0050% / 8h | 5h 00m | $507K | $1.9M | 20x |
| Short | OKX OURA-USDT-SWAP | 50.828 | 0 | get 0.0000% / 8h | 5h 00m | $98K | $389K | 20x |
Binance OURAUSDT
OKX OURA-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: −0.943% → −0.920%
- −$2.34
- Slippage, 4 orders
- −$316.88
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$349.72
- Costs to cover
- 3.369%
- Break-even
- never at this rate
Slippage from Binance: live order book, 11 min ago; OKX: live order book, 49 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, 11 min ago | 1.95 bp | 21.4 bp −$21 | 106.3 bp −$1,063 | doesn't fit | doesn't fit |
| Sell OKX live order book, 49 min ago | 27.63 bp | 137.1 bp −$137 | 211.2 bp −$2,112 | doesn't fit | doesn't fit |
OURA 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 | |
|---|---|---|---|---|---|---|---|---|
| OKX OURA-USDT-SWAPshort | 0.0000% | 8h | 50.828 | −0.943% | $98K | $389K | 20x | |
| Bitget OURAUSDT | 0.0000% | 8h | 51.079 | −0.454% | $1.6M | $5.7M | 20x | as long as short |
| SunX OURA-USDT | 0.0000% | 8h | 50.980 | −0.647% | — | $396K | 10x | as long as short |
| HTX OURA-USDT | 0.0000% | 8h | 50.980 | −0.647% | $5K | $103K | 10x | as long as short |
| Aster OURAUSD1 | +0.0050% | 8h | 52.371 | +2.064% | $100K | $1.1M | 20x | as long as short |
| Binance OURAUSDTlong | +0.0050% | 8h | 51.312 | long leg | $507K | $1.9M | 20x | |
| KuCoin OURAUSDTM | +0.0050% | 8h | 51.120 | −0.374% | $4K | $692K | 20x | as long as short |
Bitget OURAUSDT
SunX OURA-USDT
HTX OURA-USDT
Aster OURAUSD1
KuCoin OURAUSDTM