Funding you earn now, next payment 04:00 UTC−0.0042%/8h= −4.6% APRnext payment −$0.21 per $10,000 · paid last 24h −0.004%
Price spread now: BloFin against OKX+0.259%7-day average −0.016% · you sell dearer than you buy
Net, funding: paid 7d − costs−$126as in the Funding arb table
Net, price: spread back to 7d avg − costs−$95as in the Price arb table
costs, in and out, $10k−$1221.221% of the position
Funding, last 7 days−0.044%−$4 on $10k
+Price spread, last 4 days (all we have)−0.131%−$13 · spread now +0.259%, 7d avg −0.016%
=The price spread pays, funding is against you. BloFin is 0.275% dearer against OKX than usual: you sell high and buy low (spread +0.259% now, against its 7-day average of −0.016%): +$27 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 22 days. At the pace of the last 7 days (−0.044% in total) that is about 44 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX A-USDT-SWAP | 0.09267 | 0.0100 | pay 0.0050% / 4h | 51m 22s | $729K | $486K | 10x |
| Short | BloFin A-USDT | 0.09291 | 0.0058 | get 0.0029% / 4h | 51m 22s | $150K | $7K | 75x |
OKX A-USDT-SWAP
BloFin A-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- −$8.86
- Price spread: +0.259% → −0.016%
- $27.48
- Slippage, 4 orders
- −$100.07
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$103.46
- Costs to cover
- 1.221%
- Break-even
- never at this rate
Slippage from OKX: live order book, 5 min ago; BloFin: live order book, 45 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 | 3.77 bp | 37.6 bp −$38 | 5015.5 bp −$50.2K | 50158.1 bp −$5.02M | 234677.8 bp −$117.34M |
| Sell BloFin live order book, 45 min ago | 4.31 bp | 26.3 bp −$26 | 65.4 bp −$654 | doesn't fit | doesn't fit |
A 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective A/USDC PERP | +0.0033% | 1h | 0.08945 | −3.475% | $1K | $5 | 5.5x | as long as short |
| BloFin A-USDTshort | +0.0058% | 4h | 0.09291 | +0.259% | $150K | $7K | 75x | |
| Binance AUSDT | +0.0100% | 4h | 0.09263 | −0.043% | $2.9M | $3.1M | 75x | as long as short |
| Bybit AUSDT | +0.0100% | 4h | 0.09260 | −0.076% | $3.2M | $963K | 50x | as long as short |
| OKX A-USDT-SWAPlong | +0.0100% | 4h | 0.09267 | long leg | $729K | $486K | 10x | |
| Gate A_USDT | +0.0100% | 4h | 0.09269 | +0.022% | $216K | $66K | 50x | as long as short |
| MEXC A_USDT | +0.0100% | 4h | 0.09273 | +0.065% | $4.0M | $135K | 100x | as long as short |
| KuCoin AUSDTM | +0.0100% | 4h | 0.09283 | +0.173% | $680K | $49K | 75x | as long as short |
| Bitget AUSDT | +0.0100% | 4h | 0.09273 | +0.065% | $907K | $182K | 75x | as long as short |
| BingX A-USDT | +0.0100% | 4h | 0.09266 | −0.011% | — | $6.5M | — | as long as short |
Injective A/USDC PERP
Binance AUSDT
Bybit AUSDT
Gate A_USDT
MEXC A_USDT
KuCoin AUSDTM
Bitget AUSDT
BingX A-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni A | +0.0100% | 4h | 0.09285 | +0.194% | $1K | $1 | — | as long as short |
Variational Omni A