Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.038%
Price spread now: Binance against OKX+0.038%7-day average +0.027% · you sell dearer than you buy
Net, funding: paid 7d − costs−$93as in the Funding arb table
Net, price: spread back to 7d avg − costs−$106as in the Price arb table
costs, in and out, $10k−$1071.065% of the position
Funding, last 7 days+0.136%+$14 on $10k
+Price spread, last 7 days−0.038%−$4 · spread now +0.038%, 7d avg +0.027%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX S-USDT-SWAP | 0.04029 | 0.0100 | pay 0.0050% / 4h | 2h 45m | $1.0M | $4.5M | 20x |
| Short | Binance SUSDT | 0.04031 | 0.0100 | get 0.0050% / 4h | 2h 45m | $5.5M | $15.4M | 75x |
Funding 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: +0.038% → +0.027%
- $1.02
- Slippage, 4 orders
- −$86.54
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$105.51
- Costs to cover
- 1.065%
- Break-even
- never at this rate
Slippage from OKX: live order book, 2 min ago; Binance: live order book, 10 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 | 4.97 bp | 40.8 bp −$41 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 10 min ago | 2.53 bp | 22.2 bp −$22 | 66.1 bp −$661 | doesn't fit | doesn't fit |
S on 25 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 | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange SUSD | −0.8144% | 1h | 0.03850 | −4.443% | $24K | $2K | 5x | as long as short |
| Coinbase International S-PERP-INTX | −0.1464% | 1h | 0.03946 | −2.060% | $49K | $5K | 25x | as long as short |
| Kraken Futures PF_SUSD | −0.1260% | 1h | 0.04022 | −0.162% | $34K | $23K | 10x | as long as short |
| Variational Omni S | −0.0553% | 4h | 0.04015 | −0.338% | $624K | $30K | — | as long as short |
| GMX S/USD [WBTC.b-USDC] | L −0.0206% / S +0.0198% | 1h | 0.04022 | −0.184% | $1K | — | 100x | as long as short |
| Reya SRUSDPERP | −0.0101% | 1h | 0.04028 | −0.028% | $4 | — | 15x | as long as short |
| gTrade (Gains Network) S/USD | L +0.0001% / S +0.0006% | 1h | 0.04031 | +0.061% | $2K | — | 150x | as long as short |
| Injective S/USDC PERP | +0.0033% | 1h | 0.04100 | +1.762% | $2K | $37K | 12x | as long as short |
| Orderly PERP_S_USDC | +0.0039% | 4h | 0.04032 | +0.074% | $101K | $323K | 10x | as long as short |
| Lighter S | +0.0096% | 1h | 0.04029 | 0.000% | $166K | $165K | 5x | as long as short |
Show all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid S | +0.0100% | 1h | 0.04031 | +0.037% | $1.0M | $611K | 5x | as long as short |
| Aster SUSDT | +0.0100% | 4h | 0.04034 | +0.132% | $44K | $137K | 10x | as long as short |
| Binance SUSDTshort | +0.0100% | 4h | 0.04031 | +0.038% | $5.5M | $15.4M | 75x | |
| Bybit SUSDT | +0.0100% | 4h | 0.04026 | −0.074% | $5.8M | $4.9M | 50x | as long as short |
| OKX S-USDT-SWAPlong | +0.0100% | 4h | 0.04029 | long leg | $1.0M | $4.5M | 20x | |
| Gate S_USDT | +0.0100% | 4h | 0.04026 | −0.074% | $332K | $199K | 50x | as long as short |
| MEXC S_USDT | +0.0100% | 4h | 0.04032 | +0.074% | $3.7M | $1.8M | 200x | as long as short |
| KuCoin SUSDTM | +0.0100% | 4h | 0.04029 | 0.000% | $1.9M | $2.9M | 50x | as long as short |
| Bitget SUSDT | +0.0100% | 4h | 0.04030 | +0.025% | $1.2M | $2.4M | 50x | as long as short |
| BingX S-USDT | +0.0100% | 4h | 0.04029 | 0.000% | — | $6.7M | — | as long as short |
| ApeX Omni SUSDT | +0.0100% | 1h | 0.04020 | −0.223% | $26K | $447K | 50x | as long as short |
| Extended S-USD | +0.0104% | 1h | 0.04029 | −0.001% | $226K | $1.1M | 10x | as long as short |
| BloFin S-USDT | +0.0340% | 4h | 0.04024 | −0.124% | $272K | $122K | 75x | as long as short |
| Deribit S_USDC-PERPETUAL | +0.0993% | 1h | 0.04029 | 0.000% | $68K | $10K | 10x | as long as short |
| Backpack S_USDC_PERP | +0.1026% | 1h | 0.04040 | +0.273% | $117K | $333K | 5x | as long as short |
OKX S-USDT-SWAP
Binance SUSDT
01 Exchange SUSD
Coinbase International S-PERP-INTX
Kraken Futures PF_SUSD
Variational Omni S
GMX S/USD [WBTC.b-USDC]
gTrade (Gains Network) S/USD
Injective S/USDC PERP
Lighter S
Hyperliquid S
Aster SUSDT
Bybit SUSDT
Gate S_USDT
MEXC S_USDT
KuCoin SUSDTM
Bitget SUSDT
BingX S-USDT
ApeX Omni SUSDT
Extended S-USD
BloFin S-USDT
Deribit S_USDC-PERPETUAL
Backpack S_USDC_PERP