Funding you earn now, next payment 08:00 UTC+0.0098%/8h= +10.7% APRnext payment +$0.98 per $10,000 · paid last 24h +0.051%
Price spread now: Binance against OKX+0.032%7-day average +0.002% · you sell dearer than you buy
Net, funding: paid 7d − costs−$49as in the Funding arb table
Net, price: spread back to 7d avg − costs−$47as in the Price arb table
costs, in and out, $10k−$500.503% of the position
Funding, last 7 days+0.009%+$1 on $10k
+Price spread, last 7 days−0.096%−$10 · spread now +0.032%, 7d avg +0.002%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Binance is 0.030% dearer against OKX than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.002%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX AMAT-USDT-SWAP | 470.98 | 0 | get 0.0000% / 8h | 5h 01m | $1.4M | $1.6M | 20x |
| Short | Binance AMATUSDT | 471.13 | 0.0098 | get 0.0098% / 8h | 5h 01m | $8.9M | $12.6M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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
- $20.49
- Price spread: +0.032% → +0.002%
- $2.97
- Slippage, 4 orders
- −$30.34
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$26.88
- Costs to cover
- 0.503%
- Break-even
- 16.2 days
Slippage from OKX: live order book, 5 min ago; Binance: live order book, 8 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, 5 min ago | 3.08 bp | 13.7 bp −$14 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 8 min ago | 0.95 bp | 13.1 bp −$13 | 41.3 bp −$413 | doesn't fit | doesn't fit |
AMAT on 16 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster AMATUSDT | 0.0000% | 8h | 470.53 | −0.095% | $10K | $11K | 20x | as long as short |
| Bybit AMATUSDT | 0.0000% | 8h | 471.11 | +0.028% | $900K | $656K | 25x | as long as short |
| OKX AMAT-USDT-SWAPlong | 0.0000% | 8h | 470.98 | long leg | $1.4M | $1.6M | 20x | |
| Bitget AMATUSDT | 0.0000% | 8h | 471.13 | +0.032% | $2.1M | $1.7M | 20x | as long as short |
| GRVT AMAT_USDT_Perp | 0.0000% | 8h | 471.04 | +0.013% | $363 | $100K | 10x | as long as short |
| Variational Omni AMAT | +0.0044% | 8h | 470.83 | −0.032% | $66K | $44K | — | as long as short |
| Vest AMAT-USD-PERP | +0.0046% | 1h | 470.54 | −0.093% | — | — | 10x | as long as short |
| tradeXYZ xyz:AMAT | +0.0050% | 1h | 470.89 | −0.019% | $2.6M | $2.3M | 10x | as long as short |
| BloFin AMAT-USDT | +0.0073% | 8h | 470.99 | +0.002% | $110K | $93K | 20x | as long as short |
| Extended AMAT-USD | +0.0096% | 1h | 471.01 | +0.007% | $5K | $27K | 10x | as long as short |
Show all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance AMATUSDTshort | +0.0098% | 8h | 471.13 | +0.032% | $8.9M | $12.6M | 20x | |
| KuCoin AMATUSDTM | +0.0100% | 8h | 470.64 | −0.072% | $413K | $492K | 20x | as long as short |
| SunX AMAT-USDT | +0.0100% | 8h | 471.03 | +0.011% | $805 | $364K | 10x | as long as short |
| HTX AMAT-USDT | +0.0100% | 8h | 471.44 | +0.098% | $171K | $40K | 20x | as long as short |
| Phoenix AMAT | +0.0204% | 1h | 470.96 | −0.004% | $19K | $110K | 10x | as long as short |
| Gate AMAT_USDT | +0.0357% | 8h | 470.90 | −0.017% | $1.7M | $6.4M | 50x | as long as short |
OKX AMAT-USDT-SWAP
Binance AMATUSDT
Aster AMATUSDT
Bybit AMATUSDT
Bitget AMATUSDT
GRVT AMAT_USDT_Perp
Variational Omni AMAT
tradeXYZ xyz:AMAT
BloFin AMAT-USDT
Extended AMAT-USD
KuCoin AMATUSDTM
SunX AMAT-USDT
HTX AMAT-USDT
Phoenix AMAT
Gate AMAT_USDT