Funding you earn now, next payment 08:00 UTC−0.0912%/8h= −99.8% APRnext payment −$4.56 per $10,000 · paid last 24h −0.051%
Price spread now: OKX against BingX+0.276%7-day average +0.012% · you sell dearer than you buy
Net, funding: paid 7d − costs−$80as in the Funding arb table
Net, price: spread back to 7d avg − costs−$44as in the Price arb table
costs, in and out, $10k−$700.701% of the position
Funding, last 7 days−0.100%−$10 on $10k
+Price spread, last 7 days−0.272%−$27 · spread now +0.276%, 7d avg +0.012%
=The price spread pays, funding is against you. OKX is 0.264% dearer against BingX than usual: you sell high and buy low (spread +0.276% now, against its 7-day average of +0.012%): +$26 on $10k if it goes back. Holding the pair costs −$27 a day in funding at the current rate, which eats that in about 23 hours. At the pace of the last 7 days (−0.100% in total) that is about 18 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.100% in total (about -5.2% a year). A funding rate is set anew for every payment; at this rate the next one is about −$4.56 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX MUBARAK-USDT | 0.05372 | 0.1522 | pay 0.0761% / 4h | 12m 35s | — | $4.8M | — |
| Short | OKX MUBARAK-USDT-SWAP | 0.05387 | 0.0610 | get 0.0305% / 4h | 12m 35s | $4.3M | $122.8M | 20x |
BingX MUBARAK-USDT
OKX MUBARAK-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against BingX. 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
- −$191.42
- Price spread: +0.276% → +0.012%
- $26.39
- Slippage, 4 orders
- −$50.06
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$235.09
- Costs to cover
- 0.701%
- Break-even
- never at this rate
Slippage from BingX: live order book, 3 min ago; OKX: live order book, 1 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 BingX live order book, 3 min ago | 4.65 bp | 17.2 bp −$17 | 45.8 bp −$458 | 264.8 bp −$26.5K | 905.0 bp −$452.5K |
| Sell OKX live order book, 1 min ago | 2.99 bp | 17.7 bp −$18 | 74.2 bp −$742 | doesn't fit | doesn't fit |
MUBARAK on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget MUBARAKUSDT | +0.0592% | 4h | 0.05383 | +0.205% | $3.7M | $21.2M | 25x | as long as short |
| OKX MUBARAK-USDT-SWAPshort | +0.0610% | 4h | 0.05387 | +0.276% | $4.3M | $122.8M | 20x | |
| Aster MUBARAKUSDT | +0.0786% | 4h | 0.05389 | +0.316% | $41K | $1.0M | 5x | as long as short |
| Binance MUBARAKUSDT | +0.0915% | 4h | 0.05381 | +0.168% | $24.4M | $225.9M | 25x | as long as short |
| MEXC MUBARAK_USDT | +0.0916% | 4h | 0.05393 | +0.391% | $1.7M | $2.8M | 50x | as long as short |
| Variational Omni MUBARAK | +0.1187% | 4h | 0.05329 | −0.802% | $13K | $73K | — | as long as short |
| KuCoin MUBARAKUSDTM | +0.1398% | 4h | 0.05389 | +0.316% | $2.9M | $3.5M | 30x | as long as short |
| BingX MUBARAK-USDTlong | +0.1522% | 4h | 0.05372 | long leg | — | $4.8M | — | |
| Bybit MUBARAKUSDT | +0.1695% | 4h | 0.05384 | +0.225% | $5.3M | $31.2M | 25x | as long as short |
| Kraken Futures PF_MUBARAKUSD | +0.2382% | 1h | 0.05359 | −0.236% | $78K | $817K | 10x | as long as short |
Bitget MUBARAKUSDT
Aster MUBARAKUSDT
Binance MUBARAKUSDT
MEXC MUBARAK_USDT
Variational Omni MUBARAK
KuCoin MUBARAKUSDTM
Bybit MUBARAKUSDT
Kraken Futures PF_MUBARAKUSDShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate MUBARAK_USDT | +0.2582% | 4h | 0.05398 | +0.484% | $9.2M | $13.9M | 50x | as long as short |
Gate MUBARAK_USDT