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: Binance against OKX+0.134%7-day average −0.011% · you sell dearer than you buy
Net, funding: paid 7d − costs−$167as in the Funding arb table
Net, price: spread back to 7d avg − costs−$64as in the Price arb table
costs, in and out, $10k−$780.782% of the position
Funding, last 7 days−0.887%−$89 on $10k
+Price spread, last 7 days−0.227%−$23 · spread now +0.134%, 7d avg −0.011%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.145% dearer against OKX than usual: you sell high and buy low, +$15 on $10k if it goes back to its 7-day average of −0.011%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX F-USDT-SWAP | 0.003718 | 0.0100 | pay 0.0050% / 4h | 1h 19m | $740K | $2.2M | 20x |
| Short | Binance FUSDT | 0.003723 | 0.0100 | get 0.0050% / 4h | 1h 19m | $4.0M | $7.4M | 50x |
OKX F-USDT-SWAP
Binance FUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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
- $0
- Price spread: +0.134% → −0.011%
- $14.52
- Slippage, 4 orders
- −$58.18
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$63.66
- Costs to cover
- 0.782%
- Break-even
- never at this rate
Slippage from OKX: live order book, 3 min ago; Binance: 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 OKX live order book, 3 min ago | 1.34 bp | 21.4 bp −$21 | 144.2 bp −$1,442 | doesn't fit | doesn't fit |
| Sell Binance live order book, 5 min ago | 1.34 bp | 17.7 bp −$18 | 55.2 bp −$552 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate F_USDT | +0.0065% | 8h | 0.003722 | +0.108% | $179K | $1.4M | 25x | as long as short |
| Aster FUSDT | +0.0100% | 4h | 0.003724 | +0.171% | $15K | $24K | 5x | as long as short |
| Binance FUSDTshort | +0.0100% | 4h | 0.003723 | +0.134% | $4.0M | $7.4M | 50x | |
| Bybit FUSDT | +0.0100% | 4h | 0.003719 | +0.027% | $2.4M | $2.5M | 25x | as long as short |
| OKX F-USDT-SWAPlong | +0.0100% | 4h | 0.003718 | long leg | $740K | $2.2M | 20x | |
| MEXC F_USDT | +0.0100% | 4h | 0.003722 | +0.108% | $637K | $180K | 50x | as long as short |
| KuCoin FUSDTM | +0.0100% | 4h | 0.003722 | +0.108% | $783K | $1.3M | 30x | as long as short |
| Bitget FUSDT | +0.0100% | 4h | 0.003722 | +0.108% | $495K | $978K | 50x | as long as short |
| BingX F-USDT | +0.0100% | 4h | 0.003723 | +0.134% | — | $6.6M | — | as long as short |
| Variational Omni F | +0.0100% | 4h | 0.003722 | +0.109% | $702 | $379 | — | as long as short |
Gate F_USDT
Aster FUSDT
Bybit FUSDT
MEXC F_USDT
KuCoin FUSDTM
Bitget FUSDT
BingX F-USDT
Variational Omni F