Funding you earn now, next payment 04:00 UTC−0.0060%/8h= −6.6% APRnext payment −$0.30 per $10,000 · paid last 24h −0.004%
Price spread now: BloFin against OKX−0.249%93s7-day average −0.090% · you buy dearer than you sell
Net, funding: paid 7d − costs−$214as 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−$2132.129% of the position
Funding, last 7 days−0.007%−$1 on $10k
+Price spread, last 4 days (all we have)+0.718%+$72 · spread now −0.249%, 7d avg −0.090%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and BloFin is 0.158% cheaper against OKX than usual: you would sell low and buy high (−$16 if the spread goes back to its 7-day average of −0.090%). Swap the legs. The two prices were read 93 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 | OKX AT-USDT-SWAP | 0.1609 | 0.0100 | pay 0.0050% / 4h | 1h 13m | $224K | $516K | 20x |
| Short | BloFin AT-USDT | 0.1605 | 0.0040 | get 0.0020% / 4h | 1h 13m | $377K | $8K | 50x |
OKX AT-USDT-SWAP
BloFin AT-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
- −$12.59
- Price spread: −0.249% → −0.090%
- −$15.82
- Slippage, 4 orders
- −$190.91
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$241.32
- Costs to cover
- 2.129%
- Break-even
- never at this rate
Slippage from OKX: live order book, 47 min ago; BloFin: live order book, 26 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, 47 min ago | 3.10 bp | 75.6 bp −$76 | 4606.1 bp −$46.1K | doesn't fit | doesn't fit |
| Sell BloFin live order book, 26 min ago | 3.13 bp | 19.9 bp −$20 | 97.5 bp −$975 | doesn't fit | doesn't fit |
AT on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin AT-USDTshort | +0.0040% | 4h | 0.1605 | −0.249% | $377K | $8K | 50x | |
| Binance ATUSDT | +0.0100% | 4h | 0.1606 | −0.213% | $8.8M | $3.4M | 50x | as long as short |
| OKX AT-USDT-SWAPlong | +0.0100% | 4h | 0.1609 | long leg | $224K | $516K | 20x | |
| Gate AT_USDT | +0.0100% | 4h | 0.1605 | −0.261% | $160K | $193K | 20x | as long as short |
| MEXC AT_USDT | +0.0100% | 4h | 0.1605 | −0.249% | $216K | $164K | 50x | as long as short |
| KuCoin ATUSDTM | +0.0100% | 4h | 0.1601 | −0.497% | $277K | $146K | 50x | as long as short |
| Bitget ATUSDT | +0.0100% | 4h | 0.1602 | −0.435% | $704K | $158K | 50x | as long as short |
| Aster ATUSDT | +0.0227% | 4h | 0.1605 | −0.264% | $32K | $12K | 5x | as long as short |
| BingX AT-USDT | +0.0236% | 4h | 0.1605 | −0.249% | — | $6.5M | — | as long as short |
| Bybit ATUSDT | +0.0309% | 4h | 0.1606 | −0.211% | $512K | $950K | 25x | as long as short |
Binance ATUSDT
Gate AT_USDT
MEXC AT_USDT
KuCoin ATUSDTM
Bitget ATUSDT
Aster ATUSDT
BingX AT-USDT
Bybit ATUSDT