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: OKX against Binance+0.006%7-day average +0.006% · you sell dearer than you buy
Net, funding: paid 7d − costs−$141as in the Funding arb table
Net, price: spread back to 7d avg − costs−$127as in the Price arb table
costs, in and out, $10k−$1271.270% of the position
Funding, last 7 days−0.141%−$14 on $10k
+Price spread, last 7 days−0.024%−$2 · spread now +0.006%, 7d avg +0.006%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance STABLEUSDT | 0.02487 | 0.0100 | pay 0.0050% / 4h | 1h 10m | $2.6M | $2.7M | 75x |
| Short | OKX STABLE-USDT-SWAP | 0.02487 | 0.0100 | get 0.0050% / 4h | 1h 10m | $200K | $379K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against Binance. 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: +0.006% → +0.006%
- $0.04
- Slippage, 4 orders
- −$106.98
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$126.94
- Costs to cover
- 1.270%
- Break-even
- never at this rate
Slippage from Binance: live order book, 10 min ago; OKX: live order book, 51 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 Binance live order book, 10 min ago | 2.00 bp | 23.5 bp −$24 | 100.0 bp −$1,000 | doesn't fit | doesn't fit |
| Sell OKX live order book, 51 min ago | 4.01 bp | 36.4 bp −$36 | doesn't fit | doesn't fit | doesn't fit |
STABLE on 15 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin STABLE-USDT | +0.0080% | 4h | 0.02484 | −0.115% | $119K | $7K | 75x | as long as short |
| Lighter STABLE | +0.0096% | 1h | 0.02498 | +0.464% | $115K | $6K | 3x | as long as short |
| Hyperliquid STABLE | +0.0100% | 1h | 0.02488 | +0.026% | $875K | $180K | 3x | as long as short |
| Aster STABLEUSDT | +0.0100% | 4h | 0.02487 | +0.023% | $19K | $8K | 20x | as long as short |
| Binance STABLEUSDTlong | +0.0100% | 4h | 0.02487 | long leg | $2.6M | $2.7M | 75x | |
| Bybit STABLEUSDT | +0.0100% | 4h | 0.02489 | +0.095% | $1.5M | $725K | 25x | as long as short |
| OKX STABLE-USDT-SWAPshort | +0.0100% | 4h | 0.02487 | +0.006% | $200K | $379K | 20x | |
| Gate STABLE_USDT | +0.0100% | 4h | 0.02488 | +0.046% | $175K | $58K | 50x | as long as short |
| MEXC STABLE_USDT | +0.0100% | 4h | 0.02486 | −0.034% | $615K | $169K | 20x | as long as short |
| KuCoin STABLEUSDTM | +0.0100% | 4h | 0.02493 | +0.247% | $184K | $28K | 30x | as long as short |
Show all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget STABLEUSDT | +0.0100% | 4h | 0.02485 | −0.074% | $285K | $92K | 25x | as long as short |
| BingX STABLE-USDT | +0.0100% | 4h | 0.02488 | +0.046% | — | $6.5M | — | as long as short |
| Variational Omni STABLE | +0.0100% | 4h | 0.02491 | +0.147% | $146K | $50K | — | as long as short |
| SunX STABLE-USDT | +0.0100% | 4h | 0.02487 | +0.022% | $1K | $833K | 20x | as long as short |
| Extended STABLE-USD | +0.0104% | 1h | 0.02486 | −0.025% | $14K | $138K | 10x | as long as short |
Binance STABLEUSDT
OKX STABLE-USDT-SWAP
BloFin STABLE-USDT
Lighter STABLE
Hyperliquid STABLE
Aster STABLEUSDT
Bybit STABLEUSDT
Gate STABLE_USDT
MEXC STABLE_USDT
KuCoin STABLEUSDTM
Bitget STABLEUSDT
BingX STABLE-USDT
Variational Omni STABLE
SunX STABLE-USDT
Extended STABLE-USD