Funding you earn now, next payment 16:00 UTC+0.0271%/8h= +29.6% APRnext payment +$2.71 per $10,000 · paid last 24h +0.031%
Price spread now: OKX against Binance−0.046%7-day average −0.009% · you buy dearer than you sell
Net, funding: paid 7d − costs−$110as in the Funding arb table
Net, price: spread back to 7d avg − costs−$98as in the Price arb table
costs, in and out, $10k−$940.939% of the position
Funding, last 7 days−0.166%−$17 on $10k
+Price spread, last 7 days+0.096%+$10 · spread now −0.046%, 7d avg −0.009%
=Funding pays, the price is against you. OKX is 0.037% cheaper against Binance than usual: you would sell low and buy high (spread −0.046% now, against its 7-day average of −0.009%). If the spread goes back, that is −$4 on $10k: about 11 hours of funding at the current rate (+$8 a day). Mind the row above: over the last 7 days funding on this pair cost −0.166%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.166% in total (about -8.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.71 per $10,000. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance EGLDUSDT | 4.3800 | 0.0100 | pay 0.0100% / 8h | 5h 07m | $4.5M | $16.6M | 75x |
| Short | OKX EGLD-USDT-SWAP | 4.3780 | 0.0371 | get 0.0371% / 8h | 5h 07m | $586K | $2.6M | 20x |
Binance EGLDUSDT
OKX EGLD-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
- $56.83
- Price spread: −0.046% → −0.009%
- −$3.7
- Slippage, 4 orders
- −$73.89
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$40.76
- Costs to cover
- 0.939%
- Break-even
- 12.0 days
Slippage from Binance: live order book, 11 min ago; OKX: live order book, 2 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, 11 min ago | 1.14 bp | 17.0 bp −$17 | 45.0 bp −$450 | 438.5 bp −$43.8K | doesn't fit |
| Sell OKX live order book, 2 min ago | 1.14 bp | 21.5 bp −$21 | doesn't fit | doesn't fit | doesn't fit |
EGLD on 12 exchanges
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_EGLDUSD | −0.0620% | 1h | 4.3953 | +0.349% | $434K | $459K | 20x | as long as short |
| Injective EGLD/USDC PERP | +0.0033% | 1h | 3.6600 | −16.438% | $16 | $46K | 5.5x | as long as short |
| Binance EGLDUSDTlong | +0.0100% | 8h | 4.3800 | long leg | $4.5M | $16.6M | 75x | |
| Bybit EGLDUSDT | +0.0100% | 8h | 4.3780 | −0.046% | $2.6M | $5.7M | 75x | as long as short |
| Gate EGLD_USDT | +0.0100% | 8h | 4.3880 | +0.183% | $445K | $350K | 30x | as long as short |
| MEXC EGLD_USDT | +0.0100% | 8h | 4.3820 | +0.046% | $4.5M | $2.3M | 125x | as long as short |
| KuCoin EGLDUSDTM | +0.0100% | 8h | 4.3860 | +0.137% | $2.9M | $749K | 50x | as long as short |
| Bitget EGLDUSDT | +0.0100% | 8h | 4.3770 | −0.068% | $2.2M | $2.6M | 75x | as long as short |
| Variational Omni EGLD | +0.0100% | 8h | 4.3794 | −0.013% | $16K | $53K | — | as long as short |
| BloFin EGLD-USDT | +0.0220% | 8h | 4.3800 | 0.000% | $212K | $549K | 75x | as long as short |
Kraken Futures PF_EGLDUSD
Injective EGLD/USDC PERP
Bybit EGLDUSDT
Gate EGLD_USDT
MEXC EGLD_USDT
KuCoin EGLDUSDTM
Bitget EGLDUSDT
Variational Omni EGLD
BloFin EGLD-USDTShow all 12 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX EGLD-USDT-SWAPshort | +0.0371% | 8h | 4.3780 | −0.046% | $586K | $2.6M | 20x | |
| BingX EGLD-USDT | +0.0373% | 8h | 4.3800 | 0.000% | — | $2.7M | — | as long as short |
BingX EGLD-USDT