Funding you earn now, next payment 12:00 UTC+0.0755%/8h= +82.7% APRnext payment +$3.78 per $10,000 · paid last 24h +0.051%
Price spread now: BingX against OKX+0.333%7-day average +0.058% · you sell dearer than you buy
Net, funding: paid 7d − costs−$134as in the Funding arb table
Net, price: spread back to 7d avg − costs−$114as in the Price arb table
costs, in and out, $10k−$1411.413% of the position
Funding, last 7 days+0.073%+$7 on $10k
+Price spread, last 4 days (all we have)−0.358%−$36 · spread now +0.333%, 7d avg +0.058%
=Both sides work for this trade now. Funding pays +$23 a day on $10k at the current rate, and BingX is 0.274% dearer against OKX than usual: you sell high and buy low: +$27 more if the spread goes back to its 7-day average of +0.058%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.073% in total (about 3.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.78 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 BREV-USDT-SWAP | 0.09016 | −0.0655 | get 0.0328% / 4h | 3h 27m | $538K | $1.1M | 20x |
| Short | BingX BREV-USDT | 0.09046 | 0.0100 | get 0.0050% / 4h | 3h 27m | — | $2.5M | — |
OKX BREV-USDT-SWAP
BingX BREV-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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
- $158.63
- Price spread: +0.333% → +0.058%
- $27.44
- Slippage, 4 orders
- −$121.3
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- $44.76
- Costs to cover
- 1.413%
- Break-even
- 5.0 days
Slippage from OKX: live order book, 4 min ago; BingX: live order book, 6 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, 4 min ago | 5.02 bp | 38.1 bp −$38 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 6 min ago | 6.18 bp | 37.9 bp −$38 | 95.5 bp −$955 | 605.9 bp −$60.6K | 1207.9 bp −$604.0K |
BREV 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 | |
|---|---|---|---|---|---|---|---|---|
| OKX BREV-USDT-SWAPlong | −0.0655% | 4h | 0.09016 | long leg | $538K | $1.1M | 20x | |
| Aster BREVUSDT | −0.0514% | 4h | 0.09038 | +0.249% | $15K | $4K | 5x | as long as short |
| Binance BREVUSDT | +0.0100% | 4h | 0.09024 | +0.089% | $1.6M | $3.5M | 50x | as long as short |
| Bybit BREVUSDT | +0.0100% | 4h | 0.09034 | +0.200% | $546K | $989K | 50x | as long as short |
| Gate BREV_USDT | +0.0100% | 8h | 0.09020 | +0.044% | $50K | $103K | 50x | as long as short |
| MEXC BREV_USDT | +0.0100% | 4h | 0.09028 | +0.133% | $4.0M | $372K | 20x | as long as short |
| KuCoin BREVUSDTM | +0.0100% | 4h | 0.09020 | +0.044% | $459K | $64K | 50x | as long as short |
| Bitget BREVUSDT | +0.0100% | 4h | 0.09032 | +0.177% | $454K | $278K | 20x | as long as short |
| BingX BREV-USDTshort | +0.0100% | 4h | 0.09046 | +0.333% | — | $2.5M | — | |
| Variational Omni BREV | +0.0100% | 4h | 0.08962 | −0.604% | $175 | $105 | — | as long as short |
Aster BREVUSDT
Binance BREVUSDT
Bybit BREVUSDT
Gate BREV_USDT
MEXC BREV_USDT
KuCoin BREVUSDTM
Bitget BREVUSDT
Variational Omni BREVShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX BREV-USDT | +0.0100% | 4h | 0.09010 | −0.067% | $1K | $2.4M | 20x | as long as short |
SunX BREV-USDT