Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.003%
Price spread now: OKX against Binance−0.154%7-day average −0.142% · you buy dearer than you sell
Net, funding: paid 7d − costs−$136as in the Funding arb table
Net, price: spread back to 7d avg − costs−$134as in the Price arb table
costs, in and out, $10k−$1321.324% of the position
Funding, last 7 days−0.034%−$3 on $10k
+Price spread, last 4 days (all we have)+0.026%+$3 · spread now −0.154%, 7d avg −0.142%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ATHUSDT | 0.005488 | 0.0100 | pay 0.0050% / 4h | 1h 57m | $3.3M | $4.1M | 50x |
| Short | OKX ATH-USDT-SWAP | 0.005480 | 0.0100 | get 0.0050% / 4h | 1h 57m | $696K | $1.3M | 20x |
Binance ATHUSDT
OKX ATH-USDT-SWAPFunding 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: −0.154% → −0.142%
- −$1.18
- Slippage, 4 orders
- −$112.42
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$133.6
- Costs to cover
- 1.324%
- Break-even
- never at this rate
Slippage from Binance: live order book, 9 min ago; OKX: live order book, 4 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, 9 min ago | 4.54 bp | 26.4 bp −$26 | 110.0 bp −$1,100 | doesn't fit | doesn't fit |
| Sell OKX live order book, 4 min ago | 0.91 bp | 37.8 bp −$38 | doesn't fit | doesn't fit | doesn't fit |
ATH on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ATHUSD | −0.3219% | 1h | 0.005478 | −0.185% | $19K | $106K | 10x | as long as short |
| Variational Omni ATH | −0.0074% | 4h | 0.005488 | −0.007% | $184K | $93K | — | as long as short |
| dYdX ATH-USD | 0.0000% | 1h | 0.005488 | −0.007% | $11K | $57 | 5x | as long as short |
| Aster ATHUSDT | +0.0100% | 4h | 0.005483 | −0.105% | $4K | $41K | 5x | as long as short |
| Binance ATHUSDTlong | +0.0100% | 4h | 0.005488 | long leg | $3.3M | $4.1M | 50x | |
| Bybit ATHUSDT | +0.0100% | 4h | 0.005475 | −0.245% | $4.3M | $2.5M | 25x | as long as short |
| OKX ATH-USDT-SWAPshort | +0.0100% | 4h | 0.005480 | −0.154% | $696K | $1.3M | 20x | |
| Gate ATH_USDT | +0.0100% | 4h | 0.005476 | −0.227% | $783K | $551K | 30x | as long as short |
| MEXC ATH_USDT | +0.0100% | 4h | 0.005489 | +0.010% | $8.8M | $620K | 50x | as long as short |
| KuCoin ATHUSDTM | +0.0100% | 4h | 0.005483 | −0.099% | $555K | $77K | 30x | as long as short |
Kraken Futures PF_ATHUSD
Variational Omni ATH
dYdX ATH-USD
Aster ATHUSDT
Bybit ATHUSDT
Gate ATH_USDT
MEXC ATH_USDT
KuCoin ATHUSDTMShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget ATHUSDT | +0.0100% | 4h | 0.005490 | +0.028% | $1.5M | $844K | 25x | as long as short |
| BingX ATH-USDT | +0.0100% | 4h | 0.005486 | −0.044% | — | $21.7M | — | as long as short |
Bitget ATHUSDT
BingX ATH-USDT