Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against OKX−0.060%7-day average +0.068% · you buy dearer than you sell
Net, funding: paid 7d − costs−$88as in the Funding arb table
Net, price: spread back to 7d avg − costs−$121as in the Price arb table
costs, in and out, $10k−$1081.084% of the position
Funding, last 7 days+0.202%+$20 on $10k
+Price spread, last 4 days (all we have)−0.005%$0 · spread now −0.060%, 7d avg +0.068%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.128% cheaper against OKX than usual: you would sell low and buy high, −$13 on $10k if it goes back to its 7-day average of +0.068%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX GMT-USDT-SWAP | 0.008532 | 0.0100 | pay 0.0050% / 4h | 3h 29m | $358K | $613K | 20x |
| Short | Binance GMTUSDT | 0.008527 | 0.0100 | get 0.0050% / 4h | 3h 29m | $2.7M | $3.2M | 50x |
OKX GMT-USDT-SWAP
Binance GMTUSDTFunding 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: −0.060% → +0.068%
- −$12.76
- Slippage, 4 orders
- −$88.39
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$121.16
- Costs to cover
- 1.084%
- Break-even
- never at this rate
Slippage from OKX: live order book, 41 min ago; Binance: live order book, 6 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, 41 min ago | 2.40 bp | 36.1 bp −$36 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 6 min ago | 1.19 bp | 21.3 bp −$21 | 83.7 bp −$837 | doesn't fit | doesn't fit |
GMT 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_GMTUSD | −0.1361% | 1h | 0.008503 | −0.343% | $46K | $11K | 20x | as long as short |
| Hyperliquid GMT | +0.0100% | 1h | 0.008530 | −0.023% | $128K | $127K | 3x | as long as short |
| Aster GMTUSDT | +0.0100% | 4h | 0.008518 | −0.160% | $8K | $14K | 10x | as long as short |
| Binance GMTUSDTshort | +0.0100% | 4h | 0.008527 | −0.060% | $2.7M | $3.2M | 50x | |
| Bybit GMTUSDT | +0.0100% | 8h | 0.008522 | −0.117% | $1.1M | $1.1M | 50x | as long as short |
| OKX GMT-USDT-SWAPlong | +0.0100% | 4h | 0.008532 | long leg | $358K | $613K | 20x | |
| Gate GMT_USDT | +0.0100% | 8h | 0.008520 | −0.141% | $148K | $110K | 50x | as long as short |
| MEXC GMT_USDT | +0.0100% | 4h | 0.008524 | −0.094% | $419K | $187K | 20x | as long as short |
| KuCoin GMTUSDTM | +0.0100% | 4h | 0.008510 | −0.258% | $254K | $100K | 50x | as long as short |
| Bitget GMTUSDT | +0.0100% | 4h | 0.008519 | −0.152% | $693K | $414K | 50x | as long as short |
Kraken Futures PF_GMTUSD
Hyperliquid GMT
Aster GMTUSDT
Bybit GMTUSDT
Gate GMT_USDT
MEXC GMT_USDT
KuCoin GMTUSDTM
Bitget GMTUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX GMT-USDT | +0.0100% | 4h | 0.008522 | −0.117% | — | $1.2M | — | as long as short |
| Variational Omni GMT | +0.0100% | 8h | 0.008480 | −0.613% | $3K | $5K | — | as long as short |
BingX GMT-USDT
Variational Omni GMT