Funding you earn now, next payment 08:00 UTC+0.0051%/8h= +5.6% APRnext payment +$0.51 per $10,000 · paid last 24h +0.015%
Price spread now: BingX against OKX+0.046%7-day average −0.013% · you sell dearer than you buy
Net, funding: paid 7d − costs−$93as in the Funding arb table
Net, price: spread back to 7d avg − costs−$98as in the Price arb table
costs, in and out, $10k−$1041.041% of the position
Funding, last 7 days+0.107%+$11 on $10k
+Price spread, last 7 days−0.037%−$4 · spread now +0.046%, 7d avg −0.013%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and BingX is 0.059% dearer against OKX than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.013%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX CORE-USDT-SWAP | 0.02176 | 0.0100 | pay 0.0100% / 8h | 2h 14m | $1.7M | $4.3M | 20x |
| Short | BingX CORE-USDT | 0.02177 | 0.0151 | get 0.0151% / 8h | 2h 14m | — | $1.3M | — |
OKX CORE-USDT-SWAP
BingX CORE-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
- $10.71
- Price spread: +0.046% → −0.013%
- $5.94
- Slippage, 4 orders
- −$84.08
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$87.43
- Costs to cover
- 1.041%
- Break-even
- 64.1 days
Slippage from OKX: live order book, 3 min ago; BingX: live order book, 1 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, 3 min ago | 4.60 bp | 25.9 bp −$26 | 468.0 bp −$4,680 | doesn't fit | doesn't fit |
| Sell BingX live order book, 1 min ago | 6.89 bp | 23.4 bp −$23 | 65.5 bp −$655 | 886.4 bp −$88.6K | 1183.1 bp −$591.5K |
CORE on 6 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni CORE | −0.0300% | 8h | 0.02171 | −0.223% | $8K | $1K | — | as long as short |
| Bybit COREUSDT | −0.0101% | 8h | 0.02171 | −0.230% | $1.4M | $1.0M | 20x | as long as short |
| Gate CORE_USDT | +0.0067% | 8h | 0.02179 | +0.138% | $155K | $168K | 25x | as long as short |
| OKX CORE-USDT-SWAPlong | +0.0100% | 8h | 0.02176 | long leg | $1.7M | $4.3M | 20x | |
| MEXC CORE_USDT | +0.0151% | 8h | 0.02176 | 0.000% | $802K | $215K | 100x | as long as short |
| BingX CORE-USDTshort | +0.0151% | 8h | 0.02177 | +0.046% | — | $1.3M | — |
Variational Omni CORE
Bybit COREUSDT
Gate CORE_USDT
MEXC CORE_USDT