Funding you earn now, next payment 08:00 UTC−0.0342%/8h= −37.5% APRnext payment −$1.71 per $10,000 · paid last 24h 0.000%
Price spread now: OKX against Binance+0.143%7-day average +0.023% · you sell dearer than you buy
Net, funding: paid 7d − costs−$52as in the Funding arb table
Net, price: spread back to 7d avg − costs−$58as in the Price arb table
costs, in and out, $10k−$700.697% of the position
Funding, last 7 days+0.176%+$18 on $10k
+Price spread, last 7 days−0.053%−$5 · spread now +0.143%, 7d avg +0.023%
=The price spread pays, funding is against you. OKX is 0.120% dearer against Binance than usual: you sell high and buy low (spread +0.143% now, against its 7-day average of +0.023%): +$12 on $10k if it goes back. Holding the pair costs −$10 a day in funding at the current rate, which eats that in about 28 hours. Mind the row above: over the last 7 days funding on this pair paid +0.176%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.176% in total (about 9.2% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.71 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance MUBARAKUSDT | 0.05398 | 0.0897 | pay 0.0448% / 4h | 16m 58s | $24.5M | $223.9M | 25x |
| Short | OKX MUBARAK-USDT-SWAP | 0.05406 | 0.0554 | get 0.0277% / 4h | 16m 58s | $4.3M | $122.3M | 20x |
Funding 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
- −$71.92
- Price spread: +0.143% → +0.023%
- $11.98
- Slippage, 4 orders
- −$49.75
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$129.68
- Costs to cover
- 0.697%
- Break-even
- never at this rate
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 | 0.93 bp | 12.6 bp −$13 | 72.9 bp −$729 | doesn't fit | doesn't fit |
| Sell OKX live order book, 2 min ago | 1.86 bp | 18.0 bp −$18 | 77.0 bp −$770 | doesn't fit | doesn't fit |
MUBARAK on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget MUBARAKUSDT | +0.0542% | 4h | 0.05403 | +0.093% | $3.7M | $20.9M | 25x | as long as short |
| OKX MUBARAK-USDT-SWAPshort | +0.0554% | 4h | 0.05406 | +0.143% | $4.3M | $122.3M | 20x | |
| Aster MUBARAKUSDT | +0.0762% | 4h | 0.05424 | +0.488% | $42K | $984K | 5x | as long as short |
| MEXC MUBARAK_USDT | +0.0896% | 4h | 0.05417 | +0.352% | $1.7M | $2.8M | 50x | as long as short |
| Binance MUBARAKUSDTlong | +0.0897% | 4h | 0.05398 | long leg | $24.5M | $223.9M | 25x | |
| Variational Omni MUBARAK | +0.1012% | 4h | 0.05471 | +1.349% | $14K | $73K | — | as long as short |
| KuCoin MUBARAKUSDTM | +0.1446% | 4h | 0.05409 | +0.204% | $2.9M | $3.5M | 30x | as long as short |
| BingX MUBARAK-USDT | +0.1522% | 4h | 0.05395 | −0.056% | — | $4.7M | — | as long as short |
| Bybit MUBARAKUSDT | +0.1673% | 4h | 0.05401 | +0.056% | $5.3M | $30.9M | 25x | as long as short |
| Kraken Futures PF_MUBARAKUSD | +0.2364% | 1h | 0.05401 | +0.059% | $75K | $810K | 10x | as long as short |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate MUBARAK_USDT | +0.2604% | 4h | 0.05415 | +0.315% | $9.2M | $13.7M | 50x | as long as short |
Binance MUBARAKUSDT
OKX MUBARAK-USDT-SWAP
Bitget MUBARAKUSDT
Aster MUBARAKUSDT
MEXC MUBARAK_USDT
Variational Omni MUBARAK
KuCoin MUBARAKUSDTM
BingX MUBARAK-USDT
Bybit MUBARAKUSDT
Kraken Futures PF_MUBARAKUSD
Gate MUBARAK_USDT