Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.004%
Price spread now: OKX against Binance−0.023%7-day average −0.004% · you buy dearer than you sell
Net, funding: paid 7d − costs−$35as in the Funding arb table
Net, price: spread back to 7d avg − costs−$41as in the Price arb table
costs, in and out, $10k−$390.389% of the position
Funding, last 7 days+0.042%+$4 on $10k
+Price spread, last 7 days+0.011%+$1 · spread now −0.023%, 7d avg −0.004%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance COINUSDT | 196.79 | 0 | get 0.0000% / 8h | 3h 39m | $14.7M | $79.9M | 20x |
| Short | OKX COIN-USDT-SWAP | 196.74 | 0 | get 0.0000% / 8h | 3h 39m | $3.0M | $4.6M | 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: −0.023% → −0.004%
- −$1.92
- Slippage, 4 orders
- −$18.91
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$40.83
- Costs to cover
- 0.389%
- Break-even
- never at this rate
Slippage from Binance: live order book, 3 min ago; OKX: 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 Binance live order book, 3 min ago | 0.25 bp | 8.0 bp −$8 | 15.2 bp −$152 | 54.6 bp −$5,458 | doesn't fit |
| Sell OKX live order book, 3 min ago | 1.27 bp | 11.9 bp −$12 | 22.1 bp −$221 | doesn't fit | doesn't fit |
COIN on 26 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 COINUSDT | −0.0687% | 8h | 196.87 | +0.043% | $6.3M | $10.4M | 20x | as long as short |
| Injective COIN/USDC PERP | −0.0440% | 1h | 196.82 | +0.017% | $43K | $48K | 30x | as long as short |
| Gate COIN_USDT | −0.0226% | 8h | 196.80 | +0.007% | $1.2M | $7.3M | 50x | as long as short |
| Vest COIN-USD-PERP | −0.0110% | 1h | 196.22 | −0.288% | — | $266K | 25x | as long as short |
| Aster COINUSDT | 0.0000% | 8h | 196.89 | +0.055% | $344K | $890K | 20x | as long as short |
| Extended COIN_24_5-USD | 0.0000% | 1h | 196.73 | −0.027% | $117K | $689K | 10x | as long as short |
| Binance COINUSDTlong | 0.0000% | 8h | 196.79 | long leg | $14.7M | $79.9M | 20x | |
| Bybit COINUSDT | 0.0000% | 8h | 196.80 | +0.007% | $4.8M | $6.0M | 50x | as long as short |
| OKX COIN-USDT-SWAPshort | 0.0000% | 8h | 196.74 | −0.023% | $3.0M | $4.6M | 20x | |
| Variational Omni COIN | 0.0000% | 8h | 196.74 | −0.023% | $684K | $939K | — | as long as short |
Show all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT COIN_USDT_Perp | 0.0000% | 8h | 197.00 | +0.109% | $12K | $2.4M | 10x | as long as short |
| QFEX COIN-USD | +0.0020% | 1h | 196.74 | −0.023% | $1.3M | $3.2M | 10x | as long as short |
| Lighter RH COIN | +0.0032% | 1h | 196.74 | −0.023% | $451K | $1.5M | 10x | as long as short |
| Arcus COIN-USD | +0.0040% | 1h | 196.98 | +0.099% | $15K | $55K | 5x | as long as short |
| tradeXYZ xyz:COIN | +0.0050% | 1h | 196.64 | −0.074% | $15.4M | $13.6M | 10x | as long as short |
| Polymarket Perps COIN-USD | +0.0050% | 1h | 196.60 | −0.095% | $134K | $1.2M | 10x | as long as short |
| SoDEX COIN-USD | +0.0050% | 1h | 196.73 | −0.028% | $79 | $3K | 10x | as long as short |
| Ondo Perps COIN-USD.P | +0.0050% | 1h | 196.54 | −0.125% | $350K | $2.7M | 10x | as long as short |
| KuCoin COINUSDTM | +0.0100% | 8h | 196.72 | −0.034% | $992K | $143K | 20x | as long as short |
| ApeX Omni COINUSDT | +0.0100% | 1h | 196.98 | +0.099% | $89K | $287K | 50x | as long as short |
| Orderly PERP_COIN_USDC_mythos | +0.0100% | 8h | 196.73 | −0.028% | $569 | $4K | 10x | as long as short |
| Aevo COIN-PERP | +0.0104% | 1h | 196.76 | −0.013% | $116 | — | 10x | as long as short |
| Lighter COIN | +0.0112% | 1h | 196.76 | −0.014% | $340K | $2.0M | 10x | as long as short |
| BloFin COIN-USDT | +0.0120% | 8h | 196.79 | +0.002% | $188K | $393K | 20x | as long as short |
| Phoenix COIN | +0.0122% | 1h | 196.84 | +0.027% | $4K | $283K | 10x | as long as short |
| edgeX COINUSDC | +0.0784% | 4h | 196.93 | +0.075% | $51K | $294K | 10x | as long as short |
Binance COINUSDT
OKX COIN-USDT-SWAP
Bitget COINUSDT
Injective COIN/USDC PERP
Gate COIN_USDT
Aster COINUSDT
Extended COIN_24_5-USD
Bybit COINUSDT
Variational Omni COIN
GRVT COIN_USDT_Perp
Lighter RH COIN
tradeXYZ xyz:COIN
Polymarket Perps COIN-USD
SoDEX COIN-USD
KuCoin COINUSDTM
ApeX Omni COINUSDT
Lighter COIN
BloFin COIN-USDT
Phoenix COIN
edgeX COINUSDC