Funding you earn now, next payment 08:00 UTC+0.0280%/8h= +30.7% APRnext payment +$2.80 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against OKX+0.166%7-day average +0.021% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$256as in the Price arb table
costs, in and out, $10k−$2712.707% of the position
Funding, last 1 day (all we have)0.000%$0 on $10k
+Price spread, last 18 hours (all we have)+0.029%+$3 · spread now +0.166%, 7d avg +0.021%
=Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and Binance is 0.145% dearer against OKX than usual: you sell high and buy low: +$14 more if the spread goes back to its 7-day average of +0.021%.
The current funding rate is far above what this pair has been paying: over the last 1 day it paid 0.000% in total (about 0.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.80 per $10,000. 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 TEAM-USDT-SWAP | 195.93 | 0 | get 0.0000% / 8h | 7h 59m | $24K | $407K | 20x |
| Short | Binance TEAMUSDT | 196.26 | 0.0280 | get 0.0280% / 8h | 7h 59m | $74K | $492K | 20x |
OKX TEAM-USDT-SWAP
Binance TEAMUSDTFunding 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
- $58.79
- Price spread: +0.166% → +0.021%
- $14.46
- Slippage, 4 orders
- −$250.72
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$197.46
- Costs to cover
- 2.707%
- Break-even
- 30.5 days
Slippage from OKX: live order book, 11 min ago; Binance: live order book, 48 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, 11 min ago | 9.70 bp | 115.5 bp −$115 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 48 min ago | 2.05 bp | 11.4 bp −$11 | 98.1 bp −$981 | doesn't fit | doesn't fit |
TEAM on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit TEAMUSDT | 0.0000% | 8h | 195.92 | −0.005% | $45K | $173K | 25x | as long as short |
| OKX TEAM-USDT-SWAPlong | 0.0000% | 8h | 195.93 | long leg | $24K | $407K | 20x | |
| Gate TEAM_USDT | 0.0000% | 8h | 195.77 | −0.082% | $16K | $6K | 20x | as long as short |
| Bitget TEAMUSDT | 0.0000% | 8h | 195.74 | −0.097% | $53K | $149K | 20x | as long as short |
| SunX TEAM-USDT | 0.0000% | 8h | 196.08 | +0.077% | — | $810K | 10x | as long as short |
| HTX TEAM-USDT | 0.0000% | 8h | 195.58 | −0.179% | $6K | $329K | 20x | as long as short |
| Extended TEAM-USD | +0.0040% | 1h | 195.44 | −0.252% | — | — | 5x | as long as short |
| BloFin TEAM-USDT | +0.0270% | 8h | 195.54 | −0.199% | $13K | $9K | 20x | as long as short |
| Binance TEAMUSDTshort | +0.0280% | 8h | 196.26 | +0.166% | $74K | $492K | 20x |
Bybit TEAMUSDT
Gate TEAM_USDT
Bitget TEAMUSDT
SunX TEAM-USDT
HTX TEAM-USDT
Extended TEAM-USD
BloFin TEAM-USDT