Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.025%
Price spread now: OKX against Binance−0.119%7-day average +0.009% · you buy dearer than you sell
Net, funding: paid 7d − costs+$8as in the Funding arb table
Net, price: spread back to 7d avg − costs−$93as in the Price arb table
costs, in and out, $10k−$800.805% of the position
Funding, last 7 days+0.887%+$89 on $10k
+Price spread, last 7 days+0.242%+$24 · spread now −0.119%, 7d avg +0.009%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.128% cheaper against Binance than usual: you would sell low and buy high, −$13 on $10k if it goes back to its 7-day average of +0.009%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance FUSDT | 0.003729 | 0.0100 | pay 0.0050% / 4h | 23m 51s | $4.0M | $7.3M | 50x |
| Short | OKX F-USDT-SWAP | 0.003725 | 0.0100 | get 0.0050% / 4h | 23m 51s | $753K | $2.2M | 20x |
Binance FUSDT
OKX F-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: −0.119% → +0.009%
- −$12.82
- Slippage, 4 orders
- −$60.46
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$93.29
- Costs to cover
- 0.805%
- Break-even
- never at this rate
Slippage from Binance: live order book, 15 min ago; OKX: live order book, 3 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, 15 min ago | 1.34 bp | 16.5 bp −$17 | 54.9 bp −$549 | doesn't fit | doesn't fit |
| Sell OKX live order book, 3 min ago | 1.34 bp | 23.7 bp −$24 | 99.2 bp −$992 | doesn't fit | doesn't fit |
F on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster FUSDT | +0.0100% | 4h | 0.003726 | −0.105% | $15K | $24K | 5x | as long as short |
| Binance FUSDTlong | +0.0100% | 4h | 0.003729 | long leg | $4.0M | $7.3M | 50x | |
| Bybit FUSDT | +0.0100% | 4h | 0.003729 | −0.012% | $2.4M | $2.4M | 25x | as long as short |
| OKX F-USDT-SWAPshort | +0.0100% | 4h | 0.003725 | −0.119% | $753K | $2.2M | 20x | |
| Gate F_USDT | +0.0100% | 8h | 0.003731 | +0.042% | $217K | $1.4M | 25x | as long as short |
| MEXC F_USDT | +0.0100% | 4h | 0.003728 | −0.039% | $638K | $179K | 50x | as long as short |
| KuCoin FUSDTM | +0.0100% | 4h | 0.003730 | +0.015% | $784K | $1.2M | 30x | as long as short |
| Bitget FUSDT | +0.0100% | 4h | 0.003728 | −0.039% | $488K | $956K | 50x | as long as short |
| BingX F-USDT | +0.0100% | 4h | 0.003727 | −0.065% | — | $6.6M | — | as long as short |
| Variational Omni F | +0.0100% | 4h | 0.003727 | −0.077% | $708 | $384 | — | as long as short |
Aster FUSDT
Bybit FUSDT
Gate F_USDT
MEXC F_USDT
KuCoin FUSDTM
Bitget FUSDT
BingX F-USDT
Variational Omni F