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: BingX against OKX+0.316%7-day average +0.024% · you sell dearer than you buy
Net, funding: paid 7d − costs−$110as in the Funding arb table
Net, price: spread back to 7d avg − costs−$104as 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−0.340%−$34 · spread now +0.316%, 7d avg +0.024%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.291% dearer against OKX than usual: you sell high and buy low, +$29 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 | OKX GMT-USDT-SWAP | 0.008556 | 0.0100 | pay 0.0050% / 4h | 2h 55m | $389K | $1.2M | 20x |
| Short | BingX GMT-USDT | 0.008583 | 0.0100 | get 0.0050% / 4h | 2h 55m | — | $1.3M | — |
OKX GMT-USDT-SWAP
BingX GMT-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
- $0
- Price spread: +0.316% → +0.024%
- $29.12
- Slippage, 4 orders
- −$113.14
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$104.02
- Costs to cover
- 1.331%
- Break-even
- never at this rate
Slippage from OKX: live order book, 1 min ago; BingX: live order book, 10 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, 1 min ago | 6.41 bp | 43.3 bp −$43 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 10 min ago | 6.41 bp | 22.8 bp −$23 | 61.2 bp −$612 | 533.0 bp −$53.3K | 992.2 bp −$496.1K |
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 | +0.455% | $43K | $13K | 20x | as long as short |
| KuCoin GMTUSDTM | −0.0092% | 4h | 0.008570 | +0.164% | $243K | $202K | 50x | as long as short |
| Variational Omni GMT | −0.0092% | 8h | 0.008580 | +0.278% | $4K | $6K | — | as long as short |
| Hyperliquid GMT | +0.0100% | 1h | 0.008566 | +0.117% | $120K | $151K | 3x | as long as short |
| Aster GMTUSDT | +0.0100% | 4h | 0.008589 | +0.387% | $7K | $22K | 10x | as long as short |
| Binance GMTUSDT | +0.0100% | 4h | 0.008566 | +0.122% | $2.9M | $5.4M | 50x | as long as short |
| Bybit GMTUSDT | +0.0100% | 8h | 0.008571 | +0.175% | $1.1M | $2.0M | 50x | as long as short |
| OKX GMT-USDT-SWAPlong | +0.0100% | 4h | 0.008556 | long leg | $389K | $1.2M | 20x | |
| Gate GMT_USDT | +0.0100% | 8h | 0.008590 | +0.397% | $140K | $175K | 50x | as long as short |
| MEXC GMT_USDT | +0.0100% | 4h | 0.008570 | +0.164% | $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 | +0.292% | $736K | $671K | 50x | as long as short |
| BingX GMT-USDTshort | +0.0100% | 4h | 0.008583 | +0.316% | — | $1.3M | — |
Bitget GMTUSDT