Funding you earn now, next payment 04:00 UTC−0.0739%/8h= −80.9% APRnext payment −$3.70 per $10,000 · paid last 24h −0.132%
Price spread now: OKX against BloFin−0.025%7-day average −0.258% · you buy dearer than you sell
Net, funding: paid 7d − costs−$189as in the Funding arb table
Net, price: spread back to 7d avg − costs−$139as in the Price arb table
costs, in and out, $10k−$1621.621% of the position
Funding, last 7 days−0.270%−$27 on $10k
+Price spread, last 4 days (all we have)−2.785%−$278 · spread now −0.025%, 7d avg −0.258%
=The price spread pays, funding is against you. OKX is 0.233% dearer against BloFin than usual: you sell high and buy low (spread −0.025% now, against its 7-day average of −0.258%): +$23 on $10k if it goes back. Holding the pair costs −$22 a day in funding at the current rate, which eats that in about 25 hours. At the pace of the last 7 days (−0.270% in total) that is about 6.0 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.270% in total (about -14.1% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.70 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 | BloFin ACU-USDT | 0.1204 | 0.0839 | pay 0.0420% / 4h | 1h 32m | $117K | $59K | 10x |
| Short | OKX ACU-USDT-SWAP | 0.1204 | 0.0100 | get 0.0050% / 4h | 1h 32m | $219K | $263K | 10x |
BloFin ACU-USDT
OKX ACU-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against BloFin. 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
- −$155.22
- Price spread: −0.025% → −0.258%
- $23.34
- Slippage, 4 orders
- −$140.11
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$294
- Costs to cover
- 1.621%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 3 min ago; OKX: live order book, 28 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 BloFin live order book, 3 min ago | 2.08 bp | 26.7 bp −$27 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 28 min ago | 5.81 bp | 54.1 bp −$54 | doesn't fit | doesn't fit | doesn't fit |
ACU 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit ACUUSDT | +0.0100% | 4h | 0.1204 | +0.033% | $826K | $594K | 13x | as long as short |
| OKX ACU-USDT-SWAPshort | +0.0100% | 4h | 0.1204 | −0.025% | $219K | $263K | 10x | |
| Gate ACU_USDT | +0.0100% | 4h | 0.1205 | +0.042% | $171K | $16K | 10x | as long as short |
| KuCoin ACUUSDTM | +0.0100% | 4h | 0.1203 | −0.058% | $556K | $32K | 10x | as long as short |
| SunX ACU-USDT | +0.0100% | 4h | 0.1202 | −0.133% | $2K | $1.2M | 20x | as long as short |
| Bitget ACUUSDT | +0.0252% | 4h | 0.1206 | +0.141% | $235K | $228K | 10x | as long as short |
| Aster ACUUSDT | +0.0560% | 4h | 0.1203 | −0.088% | $2K | $4K | 5x | as long as short |
| Binance ACUUSDT | +0.0775% | 4h | 0.1204 | +0.033% | $2.5M | $1.4M | 10x | as long as short |
| MEXC ACU_USDT | +0.0784% | 4h | 0.1204 | +0.008% | $13.8M | $346K | 50x | as long as short |
| BingX ACU-USDT | +0.0794% | 4h | 0.1205 | +0.066% | — | $1.3M | — | as long as short |
Bybit ACUUSDT
Gate ACU_USDT
KuCoin ACUUSDTM
SunX ACU-USDT
Bitget ACUUSDT
Aster ACUUSDT
Binance ACUUSDT
MEXC ACU_USDT
BingX ACU-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin ACU-USDTlong | +0.0839% | 4h | 0.1204 | long leg | $117K | $59K | 10x |