BE

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0065%/8h= +7.1% APRnext payment +$0.65 per $10,000 · paid last 24h +0.017%

Price spread now: OKX against Binance+0.028%7-day average −0.001% · you sell dearer than you buy

Net, funding: paid 7d − costs−$50as in the Funding arb table

Net, price: spread back to 7d avg − costs−$46as in the Price arb table

costs, in and out, $10k−$490.489% of the position

Long on Binance Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.015%−$1 on $10k

Price spread, last 7 days−0.064%−$6 · spread now +0.028%, 7d avg −0.001%

Together, before fees−0.079%−$8 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and OKX is 0.029% dearer against Binance than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.001%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance BEUSDT	272.03	0	get 0.0000% / 8h	3h 07m	$8.4M	$36.9M	25x
Short	OKX BE-USDT-SWAP	272.11	0.0065	get 0.0065% / 8h	3h 07m	$2.6M	$6.9M	25x

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 it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BinancebpFee OKXbpOrdersPrice spread, now +0.028%Rate

Funding earned: $13.67
Price spread: +0.028% → −0.001%: $2.92
Slippage, 4 orders: −$28.89
Fee Binance: 5 bp × 2 orders: −$10
Fee OKX: 5 bp × 2 orders: −$10
Net: −$32.31
Costs to cover: 0.489%
Break-even: 23.5 days

Slippage from Binance: live order book, 4 min ago; OKX: live order book, 6 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, 4 min ago	1.47 bp	10.4 bp −$10	26.3 bp −$263	102.6 bp −$10.3K	doesn't fit
Sell OKX live order book, 6 min ago	2.38 bp	15.2 bp −$15	66.9 bp −$669	doesn't fit	doesn't fit

BE on 21 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 BEUSDT	0.0000%	8h	271.85	−0.068%	$342K	$120K	20x	as long as short
Extended BE-USD	0.0000%	1h	272.02	−0.006%	$47K	$262K	10x	as long as short
Binance BEUSDTlong	0.0000%	8h	272.03	long leg	$8.4M	$36.9M	25x
Bybit BEUSDT	0.0000%	8h	272.07	+0.013%	$2.0M	$1.1M	25x	as long as short
Gate BE_USDT	0.0000%	8h	272.00	−0.013%	$1.4M	$3.4M	50x	as long as short
Bitget BEUSDT	0.0000%	8h	272.03	−0.002%	$1.6M	$2.6M	20x	as long as short
GRVT BE_USDT_Perp	0.0000%	8h	272.10	+0.025%	$7K	$162K	10x	as long as short
SunX BE-USDT	0.0000%	8h	272.36	+0.120%	$1K	$2.4M	10x	as long as short
HTX BE-USDT	0.0000%	8h	272.20	+0.061%	$13K	$35K	20x	as long as short
Lighter BE	+0.0032%	1h	271.80	−0.086%	—	—	10x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH BE	+0.0032%	1h	271.95	−0.031%	$248K	$291K	10x	as long as short
QFEX BE-USD	+0.0036%	1h	272.01	−0.009%	$1.3M	$2.6M	10x	as long as short
Arcus BE-USD	+0.0040%	1h	272.06	+0.009%	$114K	$109K	10x	as long as short
Vest BE-USD-PERP	+0.0046%	1h	271.87	−0.060%	—	—	10x	as long as short
tradeXYZ xyz:BE	+0.0050%	1h	271.97	−0.024%	$5.9M	$2.7M	10x	as long as short
Coinbase International BE-PERP-INTX	+0.0064%	1h	271.77	−0.097%	$475K	$136K	10x	as long as short
OKX BE-USDT-SWAPshort	+0.0065%	8h	272.11	+0.028%	$2.6M	$6.9M	25x
KuCoin BEUSDTM	+0.0100%	8h	272.05	+0.006%	$367K	$20K	20x	as long as short
Aevo BE-PERP	+0.0104%	1h	272.00	−0.013%	—	—	10x	as long as short
BloFin BE-USDT	+0.0120%	8h	272.20	+0.061%	$45K	$143K	20x	as long as short
Deribit BE_USDC-PERPETUAL	+0.0412%	1h	271.95	−0.031%	$6K	$4K	10x	as long as short