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: BingX against OKX−0.152%7-day average −0.008% · you buy dearer than you sell
Net, funding: paid 7d − costs−$130as in the Funding arb table
Net, price: spread back to 7d avg − costs−$152as 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+0.260%+$26 · spread now −0.152%, 7d avg −0.008%
=Funding pays, the price is against you. BingX is 0.145% cheaper against OKX than usual: you would sell low and buy high (spread −0.152% now, against its 7-day average of −0.008%). If the spread goes back, that is −$14 on $10k: about 8 hours of funding at the current rate (+$42 a day). At the pace of the last 7 days (+0.076% in total) that is about 13 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 | OKX ACT-USDT-SWAP | 0.01116 | 0.0156 | pay 0.0078% / 4h | 3h 52m | $798K | $1.4M | 10x |
| Short | BingX ACT-USDT | 0.01115 | 0.1558 | get 0.0779% / 4h | 3h 52m | — | $1.3M | — |
OKX ACT-USDT-SWAP
BingX ACT-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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
- $294.5
- Price spread: −0.152% → −0.008%
- −$14.45
- Slippage, 4 orders
- −$117.86
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- $142.19
- Costs to cover
- 1.379%
- Break-even
- 3.6 days
Slippage from OKX: live order book, 5 min ago; BingX: 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 OKX live order book, 5 min ago | 0.45 bp | 42.7 bp −$43 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 3 min ago | 5.37 bp | 27.2 bp −$27 | 154.0 bp −$1,540 | 706.7 bp −$70.7K | 1075.0 bp −$537.5K |
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 | −0.125% | $2.1M | $2.3M | 10x | as long as short |
| MEXC ACT_USDT | +0.0100% | 4h | 0.01115 | −0.125% | $6.5M | $113K | 20x | as long as short |
| Bitget ACTUSDT | +0.0100% | 4h | 0.01113 | −0.287% | $269K | $84K | 10x | as long as short |
| OKX ACT-USDT-SWAPlong | +0.0156% | 4h | 0.01116 | long leg | $798K | $1.4M | 10x | |
| Gate ACT_USDT | +0.0232% | 4h | 0.01113 | −0.287% | $159K | $92K | 25x | as long as short |
| Bybit ACTUSDT | +0.0671% | 4h | 0.01117 | +0.063% | $631K | $437K | 25x | as long as short |
| BingX ACT-USDTshort | +0.1558% | 4h | 0.01115 | −0.152% | — | $1.3M | — |
Binance ACTUSDT
MEXC ACT_USDT
Bitget ACTUSDT
Gate ACT_USDT
Bybit ACTUSDT