Funding you earn now, next payment 08:00 UTC−0.0052%/8h= −5.7% APRnext payment −$0.26 per $10,000 · paid last 24h +0.008%
Price spread now: OKX against BloFin+0.305%63s7-day average −0.023% · 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—prices read too far apart to compare
costs, in and out, $10k−$1031.032% of the position
Funding, last 7 days−0.229%−$23 on $10k
+Price spread, last 4 days (all we have)−0.269%−$27 · spread now +0.305%, 7d avg −0.023%
=The price spread pays, funding is against you. OKX is 0.328% dearer against BloFin than usual: you sell high and buy low (spread +0.305% now, against its 7-day average of −0.023%): +$33 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 21 days. At the pace of the last 7 days (−0.229% in total) that is about 10 days. The two prices were read 63 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin AIXBT-USDT | 0.02295 | 0.0152 | pay 0.0076% / 4h | 2h 14m | $118K | $83K | 50x |
| Short | OKX AIXBT-USDT-SWAP | 0.02302 | 0.0100 | get 0.0050% / 4h | 2h 14m | $462K | $1.7M | 20x |
Funding 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
- −$10.93
- Price spread: +0.305% → −0.023%
- $32.77
- Slippage, 4 orders
- −$81.18
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$81.34
- Costs to cover
- 1.032%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 65 min ago; OKX: live order book, 3 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, 65 min ago | 2.15 bp | 17.7 bp −$18 | 60.7 bp −$607 | doesn't fit | doesn't fit |
| Sell OKX live order book, 3 min ago | 4.35 bp | 26.9 bp −$27 | doesn't fit | doesn't fit | doesn't fit |
AIXBT on 14 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_AIXBTUSD | −0.1403% | 1h | 0.02296 | +0.053% | $19K | $5K | 10x | as long as short |
| Variational Omni AIXBT | −0.0060% | 4h | 0.02296 | +0.027% | $99K | $11K | — | as long as short |
| Hyperliquid AIXBT | +0.0100% | 1h | 0.02306 | +0.462% | $394K | $209K | 3x | as long as short |
| Binance AIXBTUSDT | +0.0100% | 4h | 0.02304 | +0.408% | $2.4M | $3.7M | 50x | as long as short |
| Bybit AIXBTUSDT | +0.0100% | 4h | 0.02300 | +0.218% | $1.2M | $1.1M | 25x | as long as short |
| OKX AIXBT-USDT-SWAPshort | +0.0100% | 4h | 0.02302 | +0.305% | $462K | $1.7M | 20x | |
| Gate AIXBT_USDT | +0.0100% | 4h | 0.02303 | +0.349% | $224K | $99K | 25x | as long as short |
| MEXC AIXBT_USDT | +0.0100% | 4h | 0.02302 | +0.305% | $664K | $258K | 100x | as long as short |
| KuCoin AIXBTUSDTM | +0.0100% | 4h | 0.02303 | +0.349% | $1.2M | $1.4M | 30x | as long as short |
| Bitget AIXBTUSDT | +0.0100% | 4h | 0.02301 | +0.261% | $642K | $590K | 20x | as long as short |
Show all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX AIXBT-USDT | +0.0100% | 4h | 0.02298 | +0.131% | — | $6.6M | — | as long as short |
| BloFin AIXBT-USDTlong | +0.0152% | 4h | 0.02295 | long leg | $118K | $83K | 50x | |
| GMX AIXBT/USD [ETH-USDC] | L +0.0272% / S −0.0486% | 1h | 0.02301 | +0.261% | $5K | — | 100x | as long as short |
| Reya AIXBTRUSDPERP | +0.0372% | 1h | 0.02300 | +0.224% | — | — | — | as long as short |
BloFin AIXBT-USDT
OKX AIXBT-USDT-SWAP
Kraken Futures PF_AIXBTUSD
Variational Omni AIXBT
Hyperliquid AIXBT
Binance AIXBTUSDT
Bybit AIXBTUSDT
Gate AIXBT_USDT
MEXC AIXBT_USDT
KuCoin AIXBTUSDTM
Bitget AIXBTUSDT
BingX AIXBT-USDT
GMX AIXBT/USD [ETH-USDC]