Funding you earn now, next payment 02:00 UTC+0.0127%/8h= +13.9% APRpaid last 24h −0.005%
Price spread now: OKX against tradeXYZ+0.095%7-day average +0.067% · you sell dearer than you buy
Net, funding: paid 7d − costs−$73as in the Funding arb table
Net, price: spread back to 7d avg − costs−$59as in the Price arb table
costs, in and out, $10k−$620.618% of the position
Funding, last 7 days−0.112%−$11 on $10k
+Price spread, last 7 days+0.011%+$1 · spread now +0.095%, 7d avg +0.067%
=Together, before fees−0.101%+ Points / potential airdroptradeXYZ: Active · farm board−$10 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and OKX is 0.028% dearer against tradeXYZ than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.067%. Mind the row above: over the last 7 days funding on this pair cost −0.112%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:BE | 274.14 | 0.0050 | pay 0.0006% / 1h | 13m 13s | $5.9M | $2.8M | 10x |
| Short | OKX BE-USDT-SWAP | 274.40 | 0.0177 | get 0.0177% / 8h | 6h 13m | $2.6M | $6.7M | 25x |
tradeXYZ xyz:BE
OKX BE-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against tradeXYZ. 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
- $26.63
- Price spread: +0.095% → +0.067%
- $2.81
- Slippage, 4 orders
- −$33.85
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$32.41
- Costs to cover
- 0.618%
- Break-even
- 15.5 days
Slippage from tradeXYZ: live order book, 5 min ago; OKX: live order book, 5 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 tradeXYZ live order book, 5 min ago | 0.91 bp | 16.5 bp −$16 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 5 min ago | 2.18 bp | 14.3 bp −$14 | 95.0 bp −$950 | doesn't fit | doesn't fit |
BE on 20 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 BEUSDT | 0.0000% | 8h | 274.30 | +0.057% | $345K | $119K | 20x | as long as short |
| Bybit BEUSDT | 0.0000% | 8h | 274.33 | +0.069% | $2.0M | $1.1M | 25x | as long as short |
| Gate BE_USDT | 0.0000% | 8h | 274.20 | +0.022% | $1.5M | $3.4M | 50x | as long as short |
| Bitget BEUSDT | 0.0000% | 8h | 274.16 | +0.007% | $1.7M | $2.6M | 20x | as long as short |
| GRVT BE_USDT_Perp | 0.0000% | 8h | 274.42 | +0.101% | $7K | $167K | 10x | as long as short |
| SunX BE-USDT | 0.0000% | 8h | 274.42 | +0.102% | $1K | $2.4M | 10x | as long as short |
| Deribit BE_USDC-PERPETUAL | 0.0000% | 1h | 274.21 | +0.026% | $7K | $4K | 10x | as long as short |
| HTX BE-USDT | 0.0000% | 8h | 274.40 | +0.095% | $13K | $34K | 20x | as long as short |
| QFEX BE-USD | +0.0026% | 1h | 274.33 | +0.069% | $1.3M | $3.2M | 10x | as long as short |
| Lighter BE | +0.0032% | 1h | 274.12 | −0.007% | — | — | 10x | as long as short |
Aster BEUSDT
Bybit BEUSDT
Gate BE_USDT
Bitget BEUSDT
GRVT BE_USDT_Perp
SunX BE-USDT
Deribit BE_USDC-PERPETUAL
HTX BE-USDT
QFEX BE-USD
Lighter BEShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH BE | +0.0032% | 1h | 274.13 | −0.004% | $250K | $290K | 10x | as long as short |
| Arcus BE-USD | +0.0040% | 1h | 274.16 | +0.007% | $114K | $109K | 10x | as long as short |
| Vest BE-USD-PERP | +0.0046% | 1h | 274.33 | +0.069% | — | — | 10x | as long as short |
| tradeXYZ xyz:BElong | +0.0050% | 1h | 274.14 | long leg | $5.9M | $2.8M | 10x | |
| KuCoin BEUSDTM | +0.0100% | 8h | 274.22 | +0.029% | $370K | $22K | 20x | as long as short |
| Aevo BE-PERP | +0.0104% | 1h | 274.26 | +0.043% | — | — | 10x | as long as short |
| Coinbase International BE-PERP-INTX | +0.0112% | 1h | 273.08 | −0.387% | $473K | $131K | 10x | as long as short |
| Binance BEUSDT | +0.0116% | 8h | 274.19 | +0.018% | $8.4M | $36.3M | 25x | as long as short |
| Extended BE-USD | +0.0120% | 1h | 274.22 | +0.030% | $47K | $262K | 10x | as long as short |
| OKX BE-USDT-SWAPshort | +0.0177% | 8h | 274.40 | +0.095% | $2.6M | $6.7M | 25x |
Lighter RH BE
Arcus BE-USD
Vest BE-USD-PERP
KuCoin BEUSDTM
Aevo BE-PERP
Coinbase International BE-PERP-INTX
Binance BEUSDT
Extended BE-USD