Funding you earn now, next payment 08:00 UTC−0.1402%/8h= −153.6% APRnext payment −$7.01 per $10,000 · paid last 24h +0.001%
Price spread now: OKX against BingX+0.197%7-day average +0.008% · you sell dearer than you buy
Net, funding: paid 7d − costs−$145as in the Funding arb table
Net, price: spread back to 7d avg − costs−$119as in the Price arb table
costs, in and out, $10k−$1381.379% of the position
Funding, last 7 days−0.076%−$8 on $10k
+Price spread, last 7 days−0.305%−$31 · spread now +0.197%, 7d avg +0.008%
=The price spread pays, funding is against you. OKX is 0.190% dearer against BingX than usual: you sell high and buy low (spread +0.197% now, against its 7-day average of +0.008%): +$19 on $10k if it goes back. Holding the pair costs −$42 a day in funding at the current rate, which eats that in about 11 hours. At the pace of the last 7 days (−0.076% in total) that is about 18 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.076% in total (about -4.0% a year). A funding rate is set anew for every payment; at this rate the next one is about −$7.01 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ACT-USDT | 0.01115 | 0.1558 | pay 0.0779% / 4h | 3h 51m | — | $1.3M | — |
| Short | OKX ACT-USDT-SWAP | 0.01117 | 0.0156 | get 0.0078% / 4h | 3h 51m | $798K | $1.4M | 10x |
BingX ACT-USDT
OKX ACT-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against BingX. 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
- −$294.5
- Price spread: +0.197% → +0.008%
- $18.96
- Slippage, 4 orders
- −$117.86
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$413.4
- Costs to cover
- 1.379%
- Break-even
- never at this rate
Slippage from BingX: live order book, 4 min ago; OKX: live order book, 5 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 BingX live order book, 4 min ago | 5.37 bp | 24.9 bp −$25 | 259.9 bp −$2,599 | 594.5 bp −$59.4K | doesn't fit |
| Sell OKX live order book, 5 min ago | 0.45 bp | 43.0 bp −$43 | doesn't fit | doesn't fit | doesn't fit |
ACT on 7 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance ACTUSDT | +0.0100% | 4h | 0.01115 | +0.009% | $2.1M | $2.3M | 10x | as long as short |
| MEXC ACT_USDT | +0.0100% | 4h | 0.01115 | +0.036% | $6.5M | $113K | 20x | as long as short |
| Bitget ACTUSDT | +0.0100% | 4h | 0.01113 | −0.153% | $269K | $84K | 10x | as long as short |
| OKX ACT-USDT-SWAPshort | +0.0156% | 4h | 0.01117 | +0.197% | $798K | $1.4M | 10x | |
| Gate ACT_USDT | +0.0232% | 4h | 0.01113 | −0.153% | $159K | $92K | 25x | as long as short |
| Bybit ACTUSDT | +0.0671% | 4h | 0.01117 | +0.206% | $631K | $437K | 25x | as long as short |
| BingX ACT-USDTlong | +0.1558% | 4h | 0.01115 | long leg | — | $1.3M | — |
Binance ACTUSDT
MEXC ACT_USDT
Bitget ACTUSDT
Gate ACT_USDT
Bybit ACTUSDT