Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.035%
Price spread now: OKX against BingX−0.350%7-day average −0.024% · you buy dearer than you sell
Net, funding: paid 7d − costs−$156as in the Funding arb table
Net, price: spread back to 7d avg − costs−$166as in the Price arb table
costs, in and out, $10k−$1331.331% of the position
Funding, last 7 days−0.231%−$23 on $10k
+Price spread, last 7 days+0.374%+$37 · spread now −0.350%, 7d avg −0.024%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.325% cheaper against BingX than usual: you would sell low and buy high, −$33 on $10k if it goes back to its 7-day average of −0.024%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX GMT-USDT | 0.008583 | 0.0100 | pay 0.0050% / 4h | 2h 55m | — | $1.3M | — |
| Short | OKX GMT-USDT-SWAP | 0.008553 | 0.0100 | get 0.0050% / 4h | 2h 55m | $388K | $1.2M | 20x |
BingX GMT-USDT
OKX GMT-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against BingX. 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: −0.350% → −0.024%
- −$32.52
- Slippage, 4 orders
- −$113.14
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$165.66
- Costs to cover
- 1.331%
- Break-even
- never at this rate
Slippage from BingX: live order book, 10 min ago; OKX: 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 BingX live order book, 10 min ago | 6.41 bp | 28.1 bp −$28 | 87.0 bp −$870 | 409.9 bp −$41.0K | 732.8 bp −$366.4K |
| Sell OKX live order book, 1 min ago | 6.41 bp | 38.9 bp −$39 | doesn't fit | doesn't fit | doesn't fit |
GMT 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_GMTUSD | −0.1695% | 1h | 0.008595 | +0.139% | $43K | $13K | 20x | as long as short |
| KuCoin GMTUSDTM | −0.0092% | 4h | 0.008570 | −0.151% | $243K | $202K | 50x | as long as short |
| Variational Omni GMT | −0.0092% | 8h | 0.008580 | −0.037% | $4K | $6K | — | as long as short |
| Hyperliquid GMT | +0.0100% | 1h | 0.008564 | −0.221% | $120K | $151K | 3x | as long as short |
| Aster GMTUSDT | +0.0100% | 4h | 0.008589 | +0.071% | $7K | $22K | 10x | as long as short |
| Binance GMTUSDT | +0.0100% | 4h | 0.008564 | −0.222% | $2.9M | $5.4M | 50x | as long as short |
| Bybit GMTUSDT | +0.0100% | 8h | 0.008568 | −0.175% | $1.1M | $2.0M | 50x | as long as short |
| OKX GMT-USDT-SWAPshort | +0.0100% | 4h | 0.008553 | −0.350% | $388K | $1.2M | 20x | |
| Gate GMT_USDT | +0.0100% | 8h | 0.008590 | +0.082% | $140K | $175K | 50x | as long as short |
| MEXC GMT_USDT | +0.0100% | 4h | 0.008570 | −0.151% | $434K | $200K | 20x | as long as short |
Kraken Futures PF_GMTUSD
KuCoin GMTUSDTM
Variational Omni GMT
Hyperliquid GMT
Aster GMTUSDT
Binance GMTUSDT
Bybit GMTUSDT
Gate GMT_USDT
MEXC GMT_USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget GMTUSDT | +0.0100% | 4h | 0.008581 | −0.023% | $736K | $671K | 50x | as long as short |
| BingX GMT-USDTlong | +0.0100% | 4h | 0.008583 | long leg | — | $1.3M | — |
Bitget GMTUSDT