Funding you earn now, next payment 04:00 UTC−0.0040%/8h= −4.4% APRnext payment −$0.20 per $10,000 · paid last 24h −0.001%
Price spread now: BloFin against OKX+0.146%63s7-day average +0.064% · you sell dearer than you buy
Net, funding: paid 7d − costs−$114as 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−$1161.155% of the position
Funding, last 7 days+0.017%+$2 on $10k
+Price spread, last 4 days (all we have)+0.168%+$17 · spread now +0.146%, 7d avg +0.064%
=The price spread pays, funding is against you. BloFin is 0.082% dearer against OKX than usual: you sell high and buy low (spread +0.146% now, against its 7-day average of +0.064%): +$8 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 6.8 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 | OKX BARD-USDT-SWAP | 0.1368 | 0.0100 | pay 0.0050% / 4h | 48m 11s | $722K | $971K | 20x |
| Short | BloFin BARD-USDT | 0.1370 | 0.0060 | get 0.0030% / 4h | 48m 11s | $119K | $5K | 25x |
OKX BARD-USDT-SWAP
BloFin BARD-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
- −$8.42
- Price spread: +0.146% → +0.064%
- $8.24
- Slippage, 4 orders
- −$93.55
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$115.73
- Costs to cover
- 1.155%
- Break-even
- never at this rate
Slippage from OKX: live order book, 8 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, 8 min ago | 7.26 bp | 27.3 bp −$27 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 48 min ago | 7.29 bp | 22.2 bp −$22 | 93.8 bp −$938 | doesn't fit | doesn't fit |
BARD 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 BARD-USDTshort | +0.0060% | 4h | 0.1370 | +0.146% | $119K | $5K | 25x | |
| BingX BARD-USDT | +0.0070% | 4h | 0.1368 | 0.000% | — | $6.5M | — | as long as short |
| Bybit BARDUSDT | +0.0095% | 4h | 0.1369 | +0.088% | $1.0M | $337K | 25x | as long as short |
| Aster BARDUSDT | +0.0100% | 4h | 0.1369 | +0.096% | $18K | $16K | 5x | as long as short |
| Binance BARDUSDT | +0.0100% | 4h | 0.1368 | +0.008% | $2.2M | $1.7M | 25x | as long as short |
| OKX BARD-USDT-SWAPlong | +0.0100% | 4h | 0.1368 | long leg | $722K | $971K | 20x | |
| Gate BARD_USDT | +0.0100% | 4h | 0.1369 | +0.073% | $192K | $30K | 20x | as long as short |
| MEXC BARD_USDT | +0.0100% | 4h | 0.1368 | 0.000% | $722K | $173K | 50x | as long as short |
| KuCoin BARDUSDTM | +0.0100% | 4h | 0.1365 | −0.219% | $104K | $60K | 25x | as long as short |
| Bitget BARDUSDT | +0.0100% | 4h | 0.1369 | +0.073% | $1.0M | $136K | 20x | as long as short |
BingX BARD-USDT
Bybit BARDUSDT
Aster BARDUSDT
Binance BARDUSDT
Gate BARD_USDT
MEXC BARD_USDT
KuCoin BARDUSDTM
Bitget BARDUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni BARD | +0.0100% | 4h | 0.1369 | +0.099% | $12K | $1 | — | as long as short |
| GRVT BARD_USDT_Perp | +0.0100% | 4h | 0.1373 | +0.365% | $147K | $524K | 10x | as long as short |
Variational Omni BARD
GRVT BARD_USDT_Perp