Funding you earn now, next payment 08:00 UTC−0.0010%/8h= −1.1% APRnext payment −$0.10 per $10,000 · paid last 24h −0.001%
Price spread now: BingX against OKX−0.046%7-day average +0.004% · you buy dearer than you sell
Net, funding: paid 7d − costs−$15as in the Funding arb table
Net, price: spread back to 7d avg − costs−$100as in the Price arb table
costs, in and out, $10k−$950.946% of the position
Funding, last 7 days+0.792%+$79 on $10k
+Price spread, last 7 days−0.011%−$1 · spread now −0.046%, 7d avg +0.004%
=Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and BingX is 0.050% cheaper against OKX than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.004%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.792%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX EGLD-USDT-SWAP | 4.3690 | 0.0427 | pay 0.0427% / 8h | 14m 12s | $595K | $3.3M | 20x |
| Short | BingX EGLD-USDT | 4.3670 | 0.0417 | get 0.0417% / 8h | 14m 12s | — | $2.8M | — |
OKX EGLD-USDT-SWAP
BingX EGLD-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
- −$2.08
- Price spread: −0.046% → +0.004%
- −$5
- Slippage, 4 orders
- −$74.65
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$101.73
- Costs to cover
- 0.946%
- Break-even
- never at this rate
Slippage from OKX: live order book, 3 min ago; BingX: live order book, 11 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, 3 min ago | 4.57 bp | 26.4 bp −$26 | 2356.8 bp −$23.6K | doesn't fit | doesn't fit |
| Sell BingX live order book, 11 min ago | 5.70 bp | 24.8 bp −$25 | 56.4 bp −$564 | 277.3 bp −$27.7K | 876.5 bp −$438.3K |
EGLD on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_EGLDUSD | −0.0445% | 1h | 4.3727 | +0.085% | $437K | $578K | 20x | as long as short |
| Injective EGLD/USDC PERP | +0.0033% | 1h | 3.6600 | −16.228% | $16 | $46K | 5.5x | as long as short |
| Binance EGLDUSDT | +0.0100% | 8h | 4.3651 | −0.089% | $4.5M | $20.3M | 75x | as long as short |
| Bybit EGLDUSDT | +0.0100% | 8h | 4.3640 | −0.114% | $2.5M | $6.6M | 75x | as long as short |
| Gate EGLD_USDT | +0.0100% | 8h | 4.3730 | +0.092% | $448K | $511K | 30x | as long as short |
| MEXC EGLD_USDT | +0.0100% | 8h | 4.3640 | −0.114% | $4.0M | $2.8M | 125x | as long as short |
| KuCoin EGLDUSDTM | +0.0100% | 8h | 4.3750 | +0.137% | $2.8M | $995K | 50x | as long as short |
| Bitget EGLDUSDT | +0.0100% | 8h | 4.3660 | −0.069% | $2.2M | $3.1M | 75x | as long as short |
| Variational Omni EGLD | +0.0100% | 8h | 4.3673 | −0.038% | $16K | $54K | — | as long as short |
| BloFin EGLD-USDT | +0.0220% | 8h | 4.3670 | −0.046% | $212K | $552K | 75x | as long as short |
Kraken Futures PF_EGLDUSD
Injective EGLD/USDC PERP
Binance EGLDUSDT
Bybit EGLDUSDT
Gate EGLD_USDT
MEXC EGLD_USDT
KuCoin EGLDUSDTM
Bitget EGLDUSDT
Variational Omni EGLD
BloFin EGLD-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX EGLD-USDTshort | +0.0417% | 8h | 4.3670 | −0.046% | — | $2.8M | — | |
| OKX EGLD-USDT-SWAPlong | +0.0427% | 8h | 4.3690 | long leg | $595K | $3.3M | 20x |