Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.005%
Price spread now: OKX against Binance−0.040%7-day average −0.057% · you buy dearer than you sell
Net, funding: paid 7d − costs−$91as in the Funding arb table
Net, price: spread back to 7d avg − costs−$87as in the Price arb table
costs, in and out, $10k−$880.884% of the position
Funding, last 7 days−0.025%−$2 on $10k
+Price spread, last 4 days (all we have)+0.009%+$1 · spread now −0.040%, 7d avg −0.057%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance MASKUSDT | 0.4808 | 0.0100 | pay 0.0050% / 4h | 1h 53m | $2.5M | $5.0M | 50x |
| Short | OKX MASK-USDT-SWAP | 0.4806 | 0.0100 | get 0.0100% / 8h | 5h 53m | $499K | $1.1M | 20x |
Binance MASKUSDT
OKX MASK-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
- $0
- Price spread: −0.040% → −0.057%
- $1.7
- Slippage, 4 orders
- −$68.42
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$86.72
- Costs to cover
- 0.884%
- Break-even
- never at this rate
Slippage from Binance: live order book, 15 min ago; OKX: live order book, 3 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, 15 min ago | 3.12 bp | 19.1 bp −$19 | 87.3 bp −$873 | doesn't fit | doesn't fit |
| Sell OKX live order book, 3 min ago | 4.15 bp | 24.1 bp −$24 | doesn't fit | doesn't fit | doesn't fit |
MASK on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance MASKUSDTlong | +0.0100% | 4h | 0.4808 | long leg | $2.5M | $5.0M | 50x | |
| Bybit MASKUSDT | +0.0100% | 4h | 0.4805 | −0.061% | $1.3M | $957K | 50x | as long as short |
| OKX MASK-USDT-SWAPshort | +0.0100% | 8h | 0.4806 | −0.040% | $499K | $1.1M | 20x | |
| Gate MASK_USDT | +0.0100% | 8h | 0.4810 | +0.043% | $277K | $236K | 50x | as long as short |
| MEXC MASK_USDT | +0.0100% | 8h | 0.4804 | −0.082% | $1.1M | $231K | 50x | as long as short |
| KuCoin MASKUSDTM | +0.0100% | 4h | 0.4812 | +0.084% | $593K | $167K | 50x | as long as short |
| Bitget MASKUSDT | +0.0100% | 4h | 0.4813 | +0.105% | $510K | $335K | 50x | as long as short |
| BingX MASK-USDT | +0.0100% | 4h | 0.4807 | −0.020% | — | $2.3M | — | as long as short |
| Variational Omni MASK | +0.0100% | 4h | 0.4821 | +0.276% | $22K | $21 | — | as long as short |
Bybit MASKUSDT
Gate MASK_USDT
MEXC MASK_USDT
KuCoin MASKUSDTM
Bitget MASKUSDT
BingX MASK-USDT
Variational Omni MASK