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: BingX against OKX−0.216%7-day average −0.045% · you buy dearer than you sell
Net, funding: paid 7d − costs−$148as in the Funding arb table
Net, price: spread back to 7d avg − costs−$165as in the Price arb table
costs, in and out, $10k−$1481.478% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)+0.102%+$10 · spread now −0.216%, 7d avg −0.045%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.170% cheaper against OKX than usual: you would sell low and buy high, −$17 on $10k if it goes back to its 7-day average of −0.045%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX INIT-USDT-SWAP | 0.08345 | 0.0100 | pay 0.0050% / 4h | 3h 09m | $138K | $647K | 10x |
| Short | BingX INIT-USDT | 0.08327 | 0.0100 | get 0.0050% / 4h | 3h 09m | — | $6.6M | — |
OKX INIT-USDT-SWAP
BingX INIT-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
- $0
- Price spread: −0.216% → −0.045%
- −$17.04
- Slippage, 4 orders
- −$127.8
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$164.84
- Costs to cover
- 1.478%
- Break-even
- never at this rate
Slippage from OKX: live order book, 62 min ago; BingX: live order book, 13 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, 62 min ago | 4.85 bp | 44.6 bp −$45 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 13 min ago | 7.25 bp | 30.0 bp −$30 | 76.6 bp −$766 | 481.3 bp −$48.1K | 803.5 bp −$401.8K |
INIT on 13 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 | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid INIT | +0.0100% | 1h | 0.08334 | −0.133% | $303K | $233K | 3x | as long as short |
| Aster INITUSDT | +0.0100% | 4h | 0.08321 | −0.292% | $27K | $37K | 5x | as long as short |
| Binance INITUSDT | +0.0100% | 4h | 0.08338 | −0.079% | $3.4M | $3.6M | 25x | as long as short |
| Bybit INITUSDT | +0.0100% | 4h | 0.08331 | −0.168% | $1.4M | $1.5M | 25x | as long as short |
| OKX INIT-USDT-SWAPlong | +0.0100% | 4h | 0.08345 | long leg | $138K | $647K | 10x | |
| Gate INIT_USDT | +0.0100% | 8h | 0.08318 | −0.324% | $85K | $55K | 25x | as long as short |
| MEXC INIT_USDT | +0.0100% | 4h | 0.08335 | −0.120% | $452K | $220K | 20x | as long as short |
| KuCoin INITUSDTM | +0.0100% | 4h | 0.08317 | −0.336% | $331K | $54K | 25x | as long as short |
| Bitget INITUSDT | +0.0100% | 4h | 0.08334 | −0.132% | $433K | $303K | 25x | as long as short |
| BingX INIT-USDTshort | +0.0100% | 4h | 0.08327 | −0.216% | — | $6.6M | — |
Hyperliquid INIT
Aster INITUSDT
Binance INITUSDT
Bybit INITUSDT
Gate INIT_USDT
MEXC INIT_USDT
KuCoin INITUSDTM
Bitget INITUSDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni INIT | +0.0100% | 4h | 0.08308 | −0.442% | $26K | $23K | — | as long as short |
| BloFin INIT-USDT | +0.0127% | 4h | 0.08323 | −0.264% | $154K | $113K | 25x | as long as short |
| Kraken Futures PF_INITUSD | +0.0191% | 1h | 0.08334 | −0.129% | $5K | $17K | 10x | as long as short |
Variational Omni INIT
BloFin INIT-USDT
Kraken Futures PF_INITUSD