Funding you earn now, next payment 04:00 UTC−0.0044%/8h= −4.8% APRnext payment −$0.22 per $10,000 · paid last 24h +0.007%
Price spread now: OKX against BloFin−0.137%7-day average −0.040% · you buy dearer than you sell
Net, funding: paid 7d − costs−$129as in the Funding arb table
Net, price: spread back to 7d avg − costs−$137as in the Price arb table
costs, in and out, $10k−$1281.277% of the position
Funding, last 7 days−0.011%−$1 on $10k
+Price spread, last 4 days (all we have)−0.329%−$33 · spread now −0.137%, 7d avg −0.040%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and OKX is 0.097% cheaper against BloFin than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of −0.040%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin BABY-USDT | 0.01242 | 0.0144 | pay 0.0072% / 4h | 1h 04m | $272K | $25K | 50x |
| Short | OKX BABY-USDT-SWAP | 0.01240 | 0.0100 | get 0.0050% / 4h | 1h 04m | $371K | $516K | 10x |
BloFin BABY-USDT
OKX BABY-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
- −$9.29
- Price spread: −0.137% → −0.040%
- −$9.72
- Slippage, 4 orders
- −$105.7
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$146.71
- Costs to cover
- 1.277%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 34 min ago; OKX: live order book, 56 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, 34 min ago | 12.06 bp | 24.3 bp −$24 | 127.7 bp −$1,277 | doesn't fit | doesn't fit |
| Sell OKX live order book, 56 min ago | 3.21 bp | 29.5 bp −$30 | doesn't fit | doesn't fit | doesn't fit |
BABY 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 | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid BABY | +0.0100% | 1h | 0.01242 | −0.016% | $126K | $91K | 3x | as long as short |
| Aster BABYUSDT | +0.0100% | 4h | 0.01241 | −0.087% | $5K | $9K | 5x | as long as short |
| Binance BABYUSDT | +0.0100% | 4h | 0.01241 | −0.073% | $3.3M | $4.0M | 50x | as long as short |
| Bybit BABYUSDT | +0.0100% | 4h | 0.01241 | −0.064% | $798K | $708K | 25x | as long as short |
| OKX BABY-USDT-SWAPshort | +0.0100% | 4h | 0.01240 | −0.137% | $371K | $516K | 10x | |
| Gate BABY_USDT | +0.0100% | 4h | 0.01241 | −0.081% | $142K | $91K | 50x | as long as short |
| MEXC BABY_USDT | +0.0100% | 4h | 0.01241 | −0.081% | $1.2M | $144K | 20x | as long as short |
| KuCoin BABYUSDTM | +0.0100% | 4h | 0.01242 | 0.000% | $457K | $64K | 30x | as long as short |
| Bitget BABYUSDT | +0.0100% | 4h | 0.01241 | −0.081% | $508K | $173K | 50x | as long as short |
| BingX BABY-USDT | +0.0100% | 4h | 0.01240 | −0.161% | — | $6.5M | — | as long as short |
Hyperliquid BABY
Aster BABYUSDT
Binance BABYUSDT
Bybit BABYUSDT
Gate BABY_USDT
MEXC BABY_USDT
KuCoin BABYUSDTM
Bitget BABYUSDT
BingX BABY-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended BABY-USD | +0.0104% | 1h | 0.01241 | −0.101% | $690 | $229K | 5x | as long as short |
| BloFin BABY-USDTlong | +0.0144% | 4h | 0.01242 | long leg | $272K | $25K | 50x |
Extended BABY-USD