Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.042%
Price spread now: Binance against OKX−0.115%7-day average −0.031% · you buy dearer than you sell
Net, funding: paid 7d − costs−$215as in the Funding arb table
Net, price: spread back to 7d avg − costs−$215as in the Price arb table
costs, in and out, $10k−$2072.069% of the position
Funding, last 7 days−0.082%−$8 on $10k
+Price spread, last 2 days (all we have)+0.148%+$15 · spread now −0.115%, 7d avg −0.031%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.084% cheaper against OKX than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of −0.031%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX SKDD-USDT-SWAP | 6.9730 | 0 | get 0.0000% / 8h | 5h 27m | $373K | $1.1M | 20x |
| Short | Binance SKDDUSDT | 6.9650 | 0 | get 0.0000% / 8h | 5h 27m | $336K | $1.3M | 20x |
OKX SKDD-USDT-SWAP
Binance SKDDUSDTFunding 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: −0.115% → −0.031%
- −$8.39
- Slippage, 4 orders
- −$186.89
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$215.28
- Costs to cover
- 2.069%
- Break-even
- never at this rate
Slippage from OKX: live order book, 2 min ago; Binance: live order book, 13 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, 2 min ago | 5.02 bp | 62.2 bp −$62 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 13 min ago | 6.48 bp | 38.3 bp −$38 | 240.9 bp −$2,409 | doesn't fit | doesn't fit |
SKDD on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX SKDDUSDC | −0.0139% | 4h | 6.9656 | −0.107% | $8K | $162K | 10x | as long as short |
| Binance SKDDUSDTshort | 0.0000% | 8h | 6.9650 | −0.115% | $336K | $1.3M | 20x | |
| Bybit SKDDUSDT | 0.0000% | 8h | 6.9700 | −0.043% | $53K | $192K | 25x | as long as short |
| OKX SKDD-USDT-SWAPlong | 0.0000% | 8h | 6.9730 | long leg | $373K | $1.1M | 20x | |
| Gate SKDD_USDT | 0.0000% | 8h | 6.9830 | +0.143% | $119K | $32K | 20x | as long as short |
| Phemex SKDDUSDT | 0.0000% | 8h | 6.9600 | −0.186% | $685K | $108K | 20x | as long as short |
| HTX SKDD-USDT | +0.0100% | 8h | 6.9740 | +0.014% | $2K | $38K | 20x | as long as short |
| Bitget SKDDUSDT | +0.1175% | 8h | 6.9520 | −0.301% | $207K | $275K | 20x | as long as short |
| MEXC SKDD_USDT | +0.1185% | 8h | 6.9730 | 0.000% | $854K | $134K | 20x | as long as short |
edgeX SKDDUSDC
Bybit SKDDUSDT
Gate SKDD_USDT
Phemex SKDDUSDT
HTX SKDD-USDT
Bitget SKDDUSDT
MEXC SKDD_USDT