Funding you earn now, next payment 04:00 UTC−0.0064%/8h= −7.0% APRpaid last 24h −0.019%
Price spread now: BingX against Gate+0.057%7-day average +0.036% · you sell dearer than you buy
Net, funding: paid 7d − costs−$67as in the Funding arb table
Net, price: spread back to 7d avg − costs−$63as in the Price arb table
costs, in and out, $10k−$650.652% of the position
Funding, last 7 days−0.020%−$2 on $10k
+Price spread, last 7 days+0.018%+$2 · spread now +0.057%, 7d avg +0.036%
=The price spread pays, funding is against you. BingX is 0.021% dearer against Gate than usual: you sell high and buy low (spread +0.057% now, against its 7-day average of +0.036%): +$2 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 26 hours. At the pace of the last 7 days (−0.020% in total) that is about 7.3 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate OKB_USDT | 123.07 | 0.0100 | pay 0.0100% / 8h | 6h 01m | $1.5M | $678K | 25x |
| Short | BingX OKB-USDT | 123.14 | 0.0036 | get 0.0018% / 4h | 2h 01m | — | $2.8M | — |
Gate OKB_USDT
BingX OKB-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Gate. 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
- −$13.44
- Price spread: +0.057% → +0.036%
- $2.08
- Slippage, 4 orders
- −$40.17
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$76.53
- Costs to cover
- 0.652%
- Break-even
- never at this rate
Slippage from Gate: live order book, 1 min ago; BingX: live order book, 3 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 Gate live order book, 1 min ago | 4.88 bp | 26.5 bp −$26 | 176.2 bp −$1,762 | doesn't fit | doesn't fit |
| Sell BingX live order book, 3 min ago | 2.43 bp | 8.6 bp −$9 | 21.2 bp −$212 | 125.6 bp −$12.6K | doesn't fit |
OKB 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster OKBUSDT | −0.6211% | 1h | 122.46 | −0.496% | $49K | $27K | 5x | as long as short |
| Injective OKB/USDC PERP | +0.0033% | 1h | 123.18 | +0.089% | $25 | $304K | 5.5x | as long as short |
| BingX OKB-USDTshort | +0.0036% | 4h | 123.14 | +0.057% | — | $2.8M | — | |
| Bybit OKBUSDT | +0.0100% | 4h | 123.19 | +0.098% | $2.6M | $996K | 25x | as long as short |
| OKX OKB-USDT-SWAP | +0.0100% | 4h | 122.97 | −0.081% | $30.2M | $45.1M | 20x | as long as short |
| Gate OKB_USDTlong | +0.0100% | 8h | 123.07 | long leg | $1.5M | $678K | 25x | |
| MEXC OKB_USDT | +0.0100% | 4h | 123.08 | +0.008% | $1.1M | $468K | 25x | as long as short |
| Variational Omni OKB | +0.0100% | 4h | 123.27 | +0.161% | $54K | $38K | — | as long as short |
| HTX OKB-USDT | +0.0100% | 8h | 123.54 | +0.382% | $67K | $303K | 10x | as long as short |
| GMX OKB/USD [ETH-USDC] | L +0.0270% / S −0.0266% | 1h | 123.07 | +0.003% | $3K | — | 100x | as long as short |
Aster OKBUSDT
Injective OKB/USDC PERP
Bybit OKBUSDT
OKX OKB-USDT-SWAP
MEXC OKB_USDT
Variational Omni OKB
HTX OKB-USDT
GMX OKB/USD [ETH-USDC]