Funding you earn now, next payment 08:00 UTC+0.1012%/8h= +110.8% APRnext payment +$5.06 per $10,000 · paid last 24h +0.135%
Price spread now: Binance against OKX+0.069%7-day average +0.214% · you sell dearer than you buy
Net, funding: paid 7d − costs−$177as in the Funding arb table
Net, price: spread back to 7d avg − costs−$221as in the Price arb table
costs, in and out, $10k−$2072.068% of the position
Funding, last 7 days+0.300%+$30 on $10k
+Price spread, last 4 days (all we have)+0.147%+$15 · spread now +0.069%, 7d avg +0.214%
=Funding pays, the price is against you. Binance is 0.145% cheaper against OKX than usual: you would sell low and buy high (spread +0.069% now, against its 7-day average of +0.214%). If the spread goes back, that is −$15 on $10k: about 11 hours of funding at the current rate (+$30 a day). At the pace of the last 7 days (+0.300% in total) that is about 3.4 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.300% in total (about 15.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$5.06 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 ACU-USDT-SWAP | 0.1219 | 0.0100 | pay 0.0050% / 4h | 1h 46m | $223K | $313K | 10x |
| Short | Binance ACUUSDT | 0.1220 | 0.1112 | get 0.0556% / 4h | 1h 46m | $2.6M | $1.8M | 10x |
Funding 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
- $212.44
- Price spread: +0.069% → +0.214%
- −$14.51
- Slippage, 4 orders
- −$186.77
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$8.84
- Costs to cover
- 2.068%
- Break-even
- 7.3 days
Slippage from OKX: live order book, 59 min ago; Binance: live order book, 3 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, 59 min ago | 8.98 bp | 68.6 bp −$69 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 3 min ago | 0.41 bp | 40.0 bp −$40 | 192.9 bp −$1,929 | doesn't fit | doesn't fit |
ACU on 11 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 ACUUSDT | +0.0100% | 4h | 0.1219 | −0.008% | $856K | $689K | 13x | as long as short |
| OKX ACU-USDT-SWAPlong | +0.0100% | 4h | 0.1219 | long leg | $223K | $313K | 10x | |
| Gate ACU_USDT | +0.0100% | 4h | 0.1217 | −0.156% | $174K | $20K | 10x | as long as short |
| KuCoin ACUUSDTM | +0.0100% | 4h | 0.1214 | −0.476% | $561K | $31K | 10x | as long as short |
| SunX ACU-USDT | +0.0100% | 4h | 0.1217 | −0.156% | $1K | $1.5M | 20x | as long as short |
| Bitget ACUUSDT | +0.0130% | 4h | 0.1222 | +0.230% | $239K | $255K | 10x | as long as short |
| Aster ACUUSDT | +0.0906% | 4h | 0.1220 | +0.011% | $2K | $5K | 5x | as long as short |
| BloFin ACU-USDT | +0.1061% | 4h | 0.1220 | +0.008% | $118K | $60K | 10x | as long as short |
| BingX ACU-USDT | +0.1090% | 4h | 0.1220 | +0.049% | — | $1.3M | — | as long as short |
| Binance ACUUSDTshort | +0.1112% | 4h | 0.1220 | +0.069% | $2.6M | $1.8M | 10x |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC ACU_USDT | +0.1118% | 4h | 0.1220 | +0.066% | $13.9M | $341K | 50x | as long as short |
OKX ACU-USDT-SWAP
Binance ACUUSDT
Bybit ACUUSDT
Gate ACU_USDT
KuCoin ACUUSDTM
SunX ACU-USDT
Bitget ACUUSDT
Aster ACUUSDT
BloFin ACU-USDT
BingX ACU-USDT
MEXC ACU_USDT