Funding you earn now, next payment 12:00 UTC−0.0040%/8h= −4.4% APRnext payment −$0.20 per $10,000 · paid last 24h +0.001%
Price spread now: BloFin against OKX−0.338%113s7-day average +0.028% · 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—prices read too far apart to compare
costs, in and out, $10k−$1301.304% of the position
Funding, last 7 days+0.016%+$2 on $10k
+Price spread, last 4 days (all we have)+0.803%+$80 · spread now −0.338%, 7d avg +0.028%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BloFin is 0.365% cheaper against OKX than usual: you would sell low and buy high (−$37 if the spread goes back to its 7-day average of +0.028%). Swap the legs. The two prices were read 113 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 BABY-USDT-SWAP | 0.01244 | 0.0100 | pay 0.0050% / 4h | 3h 25m | $381K | $499K | 10x |
| Short | BloFin BABY-USDT | 0.01240 | 0.0060 | get 0.0030% / 4h | 3h 25m | $282K | $28K | 50x |
OKX BABY-USDT-SWAP
BloFin BABY-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
- −$8.45
- Price spread: −0.338% → +0.028%
- −$36.55
- Slippage, 4 orders
- −$108.41
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$175.41
- Costs to cover
- 1.304%
- Break-even
- never at this rate
Slippage from OKX: live order book, 5 min ago; BloFin: live order book, 41 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, 5 min ago | 2.84 bp | 48.4 bp −$48 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 41 min ago | 4.03 bp | 39.4 bp −$39 | 95.6 bp −$956 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin BABY-USDTshort | +0.0060% | 4h | 0.01240 | −0.338% | $282K | $28K | 50x | |
| Hyperliquid BABY | +0.0100% | 1h | 0.01246 | +0.104% | $124K | $86K | 3x | as long as short |
| Aster BABYUSDT | +0.0100% | 4h | 0.01244 | −0.022% | $7K | $8K | 5x | as long as short |
| Binance BABYUSDT | +0.0100% | 4h | 0.01245 | +0.064% | $3.3M | $3.8M | 50x | as long as short |
| Bybit BABYUSDT | +0.0100% | 4h | 0.01245 | +0.040% | $836K | $684K | 25x | as long as short |
| OKX BABY-USDT-SWAPlong | +0.0100% | 4h | 0.01244 | long leg | $381K | $499K | 10x | |
| Gate BABY_USDT | +0.0100% | 4h | 0.01243 | −0.096% | $140K | $67K | 50x | as long as short |
| MEXC BABY_USDT | +0.0100% | 4h | 0.01245 | +0.064% | $1.1M | $158K | 20x | as long as short |
| KuCoin BABYUSDTM | +0.0100% | 4h | 0.01243 | −0.096% | $471K | $63K | 30x | as long as short |
| Bitget BABYUSDT | +0.0100% | 4h | 0.01244 | −0.016% | $507K | $182K | 50x | as long as short |
Hyperliquid BABY
Aster BABYUSDT
Binance BABYUSDT
Bybit BABYUSDT
Gate BABY_USDT
MEXC BABY_USDT
KuCoin BABYUSDTM
Bitget BABYUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX BABY-USDT | +0.0100% | 4h | 0.01244 | −0.016% | — | $6.5M | — | as long as short |
| Extended BABY-USD | +0.0104% | 1h | 0.01245 | +0.036% | $144 | $267K | 5x | as long as short |
BingX BABY-USDT
Extended BABY-USD