Funding you earn now, next payment 08:00 UTC+0.0058%/8h= +6.3% APRnext payment +$0.29 per $10,000 · paid last 24h −0.007%
Price spread now: BloFin against OKX−0.038%7-day average +0.001% · you buy dearer than you sell
Net, funding: paid 7d − costs−$134as in the Funding arb table
Net, price: spread back to 7d avg − costs−$135as in the Price arb table
costs, in and out, $10k−$1311.310% of the position
Funding, last 7 days−0.034%−$3 on $10k
+Price spread, last 4 days (all we have)−0.043%−$4 · spread now −0.038%, 7d avg +0.001%
=Funding pays, the price is against you. BloFin is 0.039% cheaper against OKX than usual: you would sell low and buy high (spread −0.038% now, against its 7-day average of +0.001%). If the spread goes back, that is −$4 on $10k: about 2.3 days of funding at the current rate (+$2 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX API3-USDT-SWAP | 0.2625 | 0.0100 | pay 0.0050% / 4h | 3h 33m | $652K | $506K | 10x |
| Short | BloFin API3-USDT | 0.2624 | 0.0158 | get 0.0079% / 4h | 3h 33m | $135K | $24K | 50x |
OKX API3-USDT-SWAP
BloFin API3-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
- $12.13
- Price spread: −0.038% → +0.001%
- −$3.94
- Slippage, 4 orders
- −$109
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$122.81
- Costs to cover
- 1.310%
- Break-even
- 77.9 days
Slippage from OKX: live order book, 18 min ago; BloFin: live order book, 48 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, 18 min ago | 5.69 bp | 48.6 bp −$49 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 48 min ago | 5.72 bp | 18.7 bp −$19 | 72.0 bp −$720 | doesn't fit | doesn't fit |
API3 on 12 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 API3USDT | +0.0100% | 4h | 0.2622 | −0.112% | $2K | $3K | 5x | as long as short |
| Binance API3USDT | +0.0100% | 4h | 0.2623 | −0.071% | $2.6M | $2.0M | 50x | as long as short |
| Bybit API3USDT | +0.0100% | 4h | 0.2627 | +0.076% | $987K | $397K | 25x | as long as short |
| OKX API3-USDT-SWAPlong | +0.0100% | 4h | 0.2625 | long leg | $652K | $506K | 10x | |
| Gate API3_USDT | +0.0100% | 8h | 0.2627 | +0.076% | $126K | $113K | 50x | as long as short |
| MEXC API3_USDT | +0.0100% | 4h | 0.2622 | −0.114% | $458K | $288K | 50x | as long as short |
| KuCoin API3USDTM | +0.0100% | 4h | 0.2623 | −0.076% | $1.0M | $243K | 30x | as long as short |
| Bitget API3USDT | +0.0100% | 4h | 0.2624 | −0.038% | $650K | $195K | 20x | as long as short |
| BingX API3-USDT | +0.0100% | 4h | 0.2624 | −0.038% | — | $6.7M | — | as long as short |
| Variational Omni API3 | +0.0100% | 4h | 0.2626 | +0.040% | $6K | $1 | — | as long as short |
Aster API3USDT
Binance API3USDT
Bybit API3USDT
Gate API3_USDT
MEXC API3_USDT
KuCoin API3USDTM
Bitget API3USDT
BingX API3-USDT
Variational Omni API3Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin API3-USDTshort | +0.0158% | 4h | 0.2624 | −0.038% | $135K | $24K | 50x | |
| Kraken Futures PF_API3USD | +0.4758% | 1h | 0.2630 | +0.193% | $13K | $3K | 10x | as long as short |
Kraken Futures PF_API3USD