Funding you earn now, next payment 00:00 UTC+0.0010%/8h= +1.1% APRpaid last 24h +0.003%
Price spread now: BingX against OKX+0.401%7-day average +0.056% · you sell dearer than you buy
Net, funding: paid 7d − costs−$116as in the Funding arb table
Net, price: spread back to 7d avg − costs−$96as in the Price arb table
costs, in and out, $10k−$1301.300% of the position
Funding, last 7 days+0.135%+$14 on $10k
+Price spread, last 7 days−0.357%−$36 · spread now +0.401%, 7d avg +0.056%
=Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and BingX is 0.345% dearer against OKX than usual: you sell high and buy low: +$34 more if the spread goes back to its 7-day average of +0.056%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX BICO-USDT-SWAP | 0.02247 | 0.0100 | pay 0.0050% / 4h | 23m 51s | $1.8M | $5.2M | 20x |
| Short | BingX BICO-USDT | 0.02256 | 0.0110 | get 0.0110% / 8h | 23m 51s | — | $1.7M | — |
OKX BICO-USDT-SWAP
BingX BICO-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
- $2.1
- Price spread: +0.401% → +0.056%
- $34.49
- Slippage, 4 orders
- −$110
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$93.4
- Costs to cover
- 1.300%
- Break-even
- 318.3 days
Slippage from OKX: live order book, 4 min ago; BingX: live order book, 9 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, 4 min ago | 2.22 bp | 29.0 bp −$29 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 9 min ago | 2.21 bp | 62.3 bp −$62 | 89.3 bp −$893 | 756.2 bp −$75.6K | 1222.1 bp −$611.1K |
BICO on 11 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 BICOUSDT | +0.0100% | 8h | 0.02247 | −0.005% | $94K | $18K | 5x | as long as short |
| Binance BICOUSDT | +0.0100% | 8h | 0.02246 | −0.027% | $4.1M | $8.4M | 20x | as long as short |
| OKX BICO-USDT-SWAPlong | +0.0100% | 4h | 0.02247 | long leg | $1.8M | $5.2M | 20x | |
| MEXC BICO_USDT | +0.0100% | 8h | 0.02245 | −0.089% | $1.8M | $1.0M | 50x | as long as short |
| KuCoin BICOUSDTM | +0.0100% | 8h | 0.02256 | +0.401% | $1.1M | $1.3M | 20x | as long as short |
| Bitget BICOUSDT | +0.0100% | 8h | 0.02248 | +0.045% | $649K | $456K | 10x | as long as short |
| Variational Omni BICO | +0.0100% | 8h | 0.02255 | +0.351% | $16K | $5K | — | as long as short |
| BingX BICO-USDTshort | +0.0110% | 8h | 0.02256 | +0.401% | — | $1.7M | — | |
| Bybit BICOUSDT | +0.0118% | 8h | 0.02248 | +0.031% | $2.4M | $3.7M | 20x | as long as short |
| Gate BICO_USDT | +0.0293% | 8h | 0.02249 | +0.089% | $402K | $306K | 20x | as long as short |
Aster BICOUSDT
Binance BICOUSDT
MEXC BICO_USDT
KuCoin BICOUSDTM
Bitget BICOUSDT
Variational Omni BICO
Bybit BICOUSDT
Gate BICO_USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_BICOUSD | +0.4152% | 1h | 0.02253 | +0.262% | $41K | $48K | 20x | as long as short |
Kraken Futures PF_BICOUSD