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−0.117%7-day average −0.004% · you buy dearer than you sell
Net, funding: paid 7d − costs−$169as in the Funding arb table
Net, price: spread back to 7d avg − costs−$180as in the Price arb table
costs, in and out, $10k−$1691.687% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 2 days (all we have)+0.055%+$5 · spread now −0.117%, 7d avg −0.004%
=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 −0.004%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance TERUSDT | 380.90 | 0 | get 0.0000% / 8h | 2h 50m | $557K | $830K | 25x |
| Short | OKX TER-USDT-SWAP | 380.46 | 0 | get 0.0000% / 8h | 2h 50m | $202K | $170K | 20x |
Binance TERUSDT
OKX TER-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: −0.117% → −0.004%
- −$11.29
- Slippage, 4 orders
- −$148.71
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$180
- Costs to cover
- 1.687%
- Break-even
- never at this rate
Slippage from Binance: live order book, 72 min ago; OKX: live order book, 59 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, 72 min ago | 2.72 bp | 12.6 bp −$13 | 88.1 bp −$881 | doesn't fit | doesn't fit |
| Sell OKX live order book, 59 min ago | 13.18 bp | 59.2 bp −$59 | doesn't fit | doesn't fit | doesn't fit |
TER 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 | |
|---|---|---|---|---|---|---|---|---|
| Paragon para:TER | −0.0441% | 1h | 378.95 | −0.513% | $121K | $56K | 10x | as long as short |
| Bitget TERUSDT | −0.0037% | 8h | 381.10 | +0.051% | $253K | $149K | 20x | as long as short |
| Binance TERUSDTlong | 0.0000% | 8h | 380.90 | long leg | $557K | $830K | 25x | |
| Bybit TERUSDT | 0.0000% | 8h | 380.17 | −0.193% | $252K | $179K | 25x | as long as short |
| OKX TER-USDT-SWAPshort | 0.0000% | 8h | 380.46 | −0.117% | $202K | $170K | 20x | |
| Gate TER_USDT | 0.0000% | 8h | 380.40 | −0.132% | $294K | $213K | 20x | as long as short |
| Variational Omni TER | 0.0000% | 8h | 380.71 | −0.051% | $48K | $52K | — | as long as short |
| Extended TER_24_5-USD | +0.0040% | 1h | 379.01 | −0.497% | $36K | $4K | 10x | as long as short |
| KuCoin TERUSDTM | +0.0100% | 8h | 380.16 | −0.195% | $234K | $90K | 20x | as long as short |
| HTX TER-USDT | +0.0100% | 8h | 381.43 | +0.138% | $3K | $38K | 10x | as long as short |
Paragon para:TER
Bitget TERUSDT
Bybit TERUSDT
Gate TER_USDT
Variational Omni TER
Extended TER_24_5-USD
KuCoin TERUSDTM
HTX TER-USDT