Funding you earn now, next payment 08:00 UTC+0.0030%/8h= +3.3% APRnext payment +$0.15 per $10,000 · paid last 24h +0.076%
Price spread now: OKX against BingX0.000%7-day average −0.004% · you sell dearer than you buy
Net, funding: paid 7d − costs−$61as in the Funding arb table
Net, price: spread back to 7d avg − costs−$105as in the Price arb table
costs, in and out, $10k−$1051.054% of the position
Funding, last 7 days+0.442%+$44 on $10k
+Price spread, last 7 days+0.053%+$5 · spread now 0.000%, 7d avg −0.004%
=The price spread sits at its 7-day average of −0.004%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX CP-USDT | 0.01412 | 0.0070 | pay 0.0035% / 4h | 2h 27m | — | $1.1M | — |
| Short | OKX CP-USDT-SWAP | 0.01412 | 0.0100 | get 0.0050% / 4h | 2h 27m | $4.0M | $11.6M | 20x |
BingX CP-USDT
OKX CP-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
- $6.3
- Price spread: 0.000% → −0.004%
- $0.44
- Slippage, 4 orders
- −$85.41
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$98.67
- Costs to cover
- 1.054%
- Break-even
- 116.6 days
Slippage from BingX: live order book, 13 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, 13 min ago | 10.52 bp | 30.0 bp −$30 | 94.4 bp −$944 | doesn't fit | doesn't fit |
| Sell OKX live order book, 1 min ago | 3.53 bp | 21.3 bp −$21 | 91.4 bp −$914 | doesn't fit | doesn't fit |
CP on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX CP-USDTlong | +0.0070% | 4h | 0.01412 | long leg | — | $1.1M | — | |
| OKX CP-USDT-SWAPshort | +0.0100% | 4h | 0.01412 | 0.000% | $4.0M | $11.6M | 20x | |
| Gate CP_USDT | +0.0100% | 4h | 0.01414 | +0.142% | $615K | $525K | 20x | as long as short |
| MEXC CP_USDT | +0.0100% | 4h | 0.01411 | −0.071% | $1.6M | $394K | 20x | as long as short |
| KuCoin CPUSDTM | +0.0100% | 4h | 0.01413 | +0.071% | $199K | $893K | 20x | as long as short |
| Bitget CPUSDT | +0.0100% | 4h | 0.01412 | +0.021% | $780K | $1.7M | 20x | as long as short |
| BloFin CP-USDT | +0.0139% | 4h | 0.01414 | +0.142% | $426 | $42K | 20x | as long as short |
| Bybit CPUSDT | +0.1653% | 4h | 0.01415 | +0.212% | $1.6M | $3.0M | 20x | as long as short |
Gate CP_USDT
MEXC CP_USDT
KuCoin CPUSDTM
Bitget CPUSDT
BloFin CP-USDT
Bybit CPUSDT