Funding you earn now, next payment 04:00 UTC+0.0324%/8h= +35.5% APRnext payment +$1.62 per $10,000 · paid last 24h +0.052%
Price spread now: BingX against OKX+0.137%7-day average +0.023% · you sell dearer than you buy
Net, funding: paid 7d − costs−$21as in the Funding arb table
Net, price: spread back to 7d avg − costs−$73as in the Price arb table
costs, in and out, $10k−$840.845% of the position
Funding, last 7 days+0.636%+$64 on $10k
+Price spread, last 7 days−0.211%−$21 · spread now +0.137%, 7d avg +0.023%
=Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and BingX is 0.114% dearer against OKX than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of +0.023%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX F-USDT-SWAP | 0.003660 | −0.0224 | get 0.0112% / 4h | 1h 59m | $711K | $2.1M | 20x |
| Short | BingX F-USDT | 0.003665 | 0.0100 | get 0.0050% / 4h | 1h 59m | — | $6.6M | — |
OKX F-USDT-SWAP
BingX F-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
- $68.11
- Price spread: +0.137% → +0.023%
- $11.38
- Slippage, 4 orders
- −$64.47
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$4.99
- Costs to cover
- 0.845%
- Break-even
- 7.5 days
Slippage from OKX: live order book, 2 min ago; BingX: live order book, 7 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, 2 min ago | 4.10 bp | 23.8 bp −$24 | 139.2 bp −$1,392 | doesn't fit | doesn't fit |
| Sell BingX live order book, 7 min ago | 4.09 bp | 22.0 bp −$22 | 54.5 bp −$545 | 532.2 bp −$53.2K | 1051.0 bp −$525.5K |
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 | |
|---|---|---|---|---|---|---|---|---|
| OKX F-USDT-SWAPlong | −0.0224% | 4h | 0.003660 | long leg | $711K | $2.1M | 20x | |
| Gate F_USDT | −0.0061% | 8h | 0.003663 | +0.082% | $147K | $1.3M | 25x | as long as short |
| Aster FUSDT | +0.0100% | 4h | 0.003669 | +0.249% | $15K | $28K | 5x | as long as short |
| Binance FUSDT | +0.0100% | 4h | 0.003664 | +0.109% | $3.9M | $6.4M | 50x | as long as short |
| Bybit FUSDT | +0.0100% | 4h | 0.003662 | +0.055% | $2.3M | $2.2M | 25x | as long as short |
| MEXC F_USDT | +0.0100% | 4h | 0.003663 | +0.082% | $616K | $172K | 50x | as long as short |
| KuCoin FUSDTM | +0.0100% | 4h | 0.003666 | +0.164% | $720K | $1.2M | 30x | as long as short |
| Bitget FUSDT | +0.0100% | 4h | 0.003663 | +0.082% | $479K | $806K | 50x | as long as short |
| BingX F-USDTshort | +0.0100% | 4h | 0.003665 | +0.137% | — | $6.6M | — | |
| Variational Omni F | +0.0100% | 4h | 0.003665 | +0.133% | $698 | $386 | — | as long as short |
Gate F_USDT
Aster FUSDT
Binance FUSDT
Bybit FUSDT
MEXC F_USDT
KuCoin FUSDTM
Bitget FUSDT
Variational Omni F