Funding you earn now, next payment 08:00 UTC−0.0209%/8h= −22.8% APRnext payment −$2.09 per $10,000 · paid last 24h −0.041%
Price spread now: OKX against BingX+0.072%7-day average −0.002% · you sell dearer than you buy
Net, funding: paid 7d − costs−$47as in the Funding arb table
Net, price: spread back to 7d avg − costs−$23as in the Price arb table
costs, in and out, $10k−$310.307% of the position
Funding, last 7 days−0.160%−$16 on $10k
+Price spread, last 7 days−0.056%−$6 · spread now +0.072%, 7d avg −0.002%
=The price spread pays, funding is against you. OKX is 0.074% dearer against BingX than usual: you sell high and buy low (spread +0.072% now, against its 7-day average of −0.002%): +$7 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 28 hours. At the pace of the last 7 days (−0.160% in total) that is about 3.2 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ARB-USDT | 0.2214 | 0.0100 | pay 0.0100% / 8h | 6h 42m | — | $54.6M | — |
| Short | OKX ARB-USDT-SWAP | 0.2215 | −0.0109 | pay 0.0109% / 8h | 6h 42m | $22.3M | $157.4M | 50x |
BingX ARB-USDT
OKX ARB-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against BingX. 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
- −$43.79
- Price spread: +0.072% → −0.002%
- $7.42
- Slippage, 4 orders
- −$10.71
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$67.08
- Costs to cover
- 0.307%
- Break-even
- never at this rate
Slippage from BingX: live order book, 11 min ago; OKX: live order book, 1 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 BingX live order book, 11 min ago | 0.45 bp | 6.2 bp −$6 | 7.6 bp −$76 | 12.6 bp −$1,261 | 17.0 bp −$8,479 |
| Sell OKX live order book, 1 min ago | 0.22 bp | 8.9 bp −$9 | 29.8 bp −$298 | doesn't fit | doesn't fit |
ARB on 36 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective ARB/USDC PERP | −0.1692% | 1h | 0.2210 | −0.176% | $40K | $372K | 12x | as long as short |
| ApeX Omni ARBUSDT | −0.0493% | 1h | 0.2218 | +0.185% | $120K | $295K | 50x | as long as short |
| 01 Exchange ARBUSD | −0.0224% | 1h | 0.2214 | +0.005% | $7K | $2K | 10x | as long as short |
| Variational Omni ARB | −0.0184% | 8h | 0.2212 | −0.085% | $1.9M | $2.9M | — | as long as short |
| SoDEX ARB-USD | −0.0182% | 1h | 0.2220 | +0.289% | $10K | $2.5M | 5x | as long as short |
| OKX ARB-USDT-SWAPshort | −0.0109% | 8h | 0.2215 | +0.072% | $22.3M | $157.4M | 50x | |
| MEXC ARB_USDT | −0.0105% | 8h | 0.2214 | +0.018% | $36.9M | $59.0M | 200x | as long as short |
| Bybit ARBUSDT | −0.0057% | 8h | 0.2215 | +0.072% | $57.1M | $129.0M | 50x | as long as short |
| Orderly PERP_ARB_USDC | −0.0055% | 8h | 0.2221 | +0.321% | $12K | $382K | 10x | as long as short |
| Gate ARB_USDT | −0.0006% | 8h | 0.2214 | +0.023% | $5.4M | $19.7M | 60x | as long as short |
Injective ARB/USDC PERP
ApeX Omni ARBUSDT
01 Exchange ARBUSD
Variational Omni ARB
SoDEX ARB-USD
MEXC ARB_USDT
Bybit ARBUSDT
Orderly PERP_ARB_USDC
Gate ARB_USDTShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| dYdX ARB-USD | 0.0000% | 1h | 0.2216 | +0.095% | $66K | $5K | 10x | as long as short |
| Deribit ARB_USDC-PERPETUAL | 0.0000% | 1h | 0.2221 | +0.339% | $24K | $34K | 25x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0005% | 1h | 0.2223 | +0.431% | $32K | — | 150x | as long as short |
| Binance ARBUSDT | +0.0007% | 8h | 0.2215 | +0.072% | $64.8M | $318.1M | 75x | as long as short |
| Extended ARB-USD | +0.0008% | 1h | 0.2214 | −0.017% | $353K | $2.5M | 25x | as long as short |
| BloFin ARB-USDT | +0.0029% | 8h | 0.2212 | −0.108% | $3.1M | $2.9M | 75x | as long as short |
| Aevo ARB-PERP | +0.0080% | 1h | 0.2222 | +0.366% | $141K | $7K | 3x | as long as short |
| Lighter ARB | +0.0088% | 1h | 0.2213 | −0.018% | $1.2M | $7.4M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2217 | +0.117% | $38.2M | $50.5M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2217 | +0.122% | $660K | $1.7M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2216 | +0.084% | $42K | $189K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2216 | +0.090% | $19.6M | $15.9M | 75x | as long as short |
| Bitget ARBUSDT | +0.0100% | 8h | 0.2215 | +0.050% | $21.2M | $36.3M | 50x | as long as short |
| BingX ARB-USDTlong | +0.0100% | 8h | 0.2214 | long leg | — | $54.6M | — | |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2216 | +0.073% | $40K | $463K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2215 | +0.034% | $471K | $3.6M | 10x | as long as short |
| Polymarket Perps ARB-USD | +0.0100% | 1h | 0.2222 | +0.375% | $75K | $2.0M | 10x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2221 | +0.321% | $2K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2221 | +0.325% | $296K | $1.0M | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2219 | +0.230% | $5.0M | $13.0M | 50x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0240% | 1h | 0.2227 | +0.592% | $510K | $2.2M | 50x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0281% / S −0.0165% | 1h | 0.2223 | +0.419% | $856K | — | 150x | as long as short |
| Reya ARBRUSDPERP | +0.0290% | 1h | 0.2221 | +0.330% | $2K | $695 | 20x | as long as short |
| Kraken Futures PF_ARBUSD | +0.0311% | 1h | 0.2222 | +0.353% | $1.1M | $4.7M | 50x | as long as short |
| RISEx ARB/USDC | +0.0466% | 1h | 0.2216 | +0.104% | $455K | $2.6M | 10x | as long as short |
| Backpack ARB_USDC_PERP | +0.0538% | 1h | 0.2221 | +0.330% | $1.0M | $2.9M | 20x | as long as short |
dYdX ARB-USD
Deribit ARB_USDC-PERPETUAL
gTrade (Gains Network) ARB/USD
Binance ARBUSDT
Extended ARB-USD
BloFin ARB-USDT
Aevo ARB-PERP
Lighter ARB
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
KuCoin ARBUSDTM
Bitget ARBUSDT
edgeX ARBUSDC
GRVT ARB_USDT_Perp
Polymarket Perps ARB-USD
SunX ARB-USDT
HTX ARB-USDT
Phemex ARBUSDT
Coinbase International ARB-PERP-INTX
GMX ARB/USD [ARB-USDC]
Reya ARBRUSDPERP
Kraken Futures PF_ARBUSD
RISEx ARB/USDC
Backpack ARB_USDC_PERP