Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: OKX against Binance+0.087%7-day average +0.073% · you sell dearer than you buy
Net, funding: paid 7d − costs−$103as in the Funding arb table
Net, price: spread back to 7d avg − costs−$99as in the Price arb table
costs, in and out, $10k−$1001.004% of the position
Funding, last 7 days−0.025%−$2 on $10k
+Price spread, last 7 days−0.040%−$4 · spread now +0.087%, 7d avg +0.073%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ESPUSDT | 0.09432 | 0.0100 | pay 0.0050% / 4h | 2h 31m | $2.4M | $4.0M | 25x |
| Short | OKX ESP-USDT-SWAP | 0.09440 | 0.0100 | get 0.0050% / 4h | 2h 31m | $597K | $1.1M | 20x |
Binance ESPUSDT
OKX ESP-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against Binance. 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
- $0
- Price spread: +0.087% → +0.073%
- $1.38
- Slippage, 4 orders
- −$80.42
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$99.04
- Costs to cover
- 1.004%
- Break-even
- never at this rate
Slippage from Binance: live order book, 5 min ago; OKX: live order book, 5 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 Binance live order book, 5 min ago | 0.53 bp | 15.9 bp −$16 | 58.0 bp −$580 | doesn't fit | doesn't fit |
| Sell OKX live order book, 5 min ago | 1.06 bp | 31.7 bp −$32 | 440.2 bp −$4,402 | doesn't fit | doesn't fit |
ESP 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX ESP-USDT | +0.0036% | 4h | 0.09435 | +0.034% | — | $1.7M | — | as long as short |
| BloFin ESP-USDT | +0.0097% | 4h | 0.09427 | −0.051% | $124K | $33K | 25x | as long as short |
| Aster ESPUSDT | +0.0100% | 4h | 0.09435 | +0.034% | $6K | $18K | 5x | as long as short |
| Binance ESPUSDTlong | +0.0100% | 4h | 0.09432 | long leg | $2.4M | $4.0M | 25x | |
| OKX ESP-USDT-SWAPshort | +0.0100% | 4h | 0.09440 | +0.087% | $597K | $1.1M | 20x | |
| Gate ESP_USDT | +0.0100% | 8h | 0.09445 | +0.140% | $190K | $596K | 50x | as long as short |
| MEXC ESP_USDT | +0.0100% | 4h | 0.09432 | +0.002% | $1.3M | $124K | 20x | as long as short |
| KuCoin ESPUSDTM | +0.0100% | 4h | 0.09437 | +0.055% | $1.5M | $45K | 25x | as long as short |
| Bitget ESPUSDT | +0.0100% | 4h | 0.09435 | +0.030% | $951K | $134K | 20x | as long as short |
| edgeX ESPUSDC | +0.0105% | 4h | 0.09424 | −0.086% | $29K | $268K | 10x | as long as short |
BingX ESP-USDT
BloFin ESP-USDT
Aster ESPUSDT
Gate ESP_USDT
MEXC ESP_USDT
KuCoin ESPUSDTM
Bitget ESPUSDT
edgeX ESPUSDCShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ESPUSDT | +0.0624% | 4h | 0.09426 | −0.061% | $1.1M | $636K | 50x | as long as short |
Bybit ESPUSDT