Funding you earn now, next payment 04:00 UTC−0.0021%/8h= −2.2% APRnext payment −$0.10 per $10,000 · paid last 24h +0.007%
Price spread now: OKX against BloFin−0.100%7-day average −0.079% · you buy dearer than you sell
Net, funding: paid 7d − costs−$89as in the Funding arb table
Net, price: spread back to 7d avg − costs−$89as in the Price arb table
costs, in and out, $10k−$870.866% of the position
Funding, last 7 days−0.028%−$3 on $10k
+Price spread, last 3 days (all we have)−0.022%−$2 · spread now −0.100%, 7d avg −0.079%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and OKX is 0.021% cheaper against BloFin than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of −0.079%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin BLUR-USDT | 0.02007 | 0.0121 | pay 0.0060% / 4h | 3h 08m | $360K | $2K | 50x |
| Short | OKX BLUR-USDT-SWAP | 0.02005 | 0.0100 | get 0.0050% / 4h | 3h 08m | $983K | $1.7M | 20x |
Funding 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
- −$4.31
- Price spread: −0.100% → −0.079%
- −$2.07
- Slippage, 4 orders
- −$64.65
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$93.02
- Costs to cover
- 0.866%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 61 min ago; OKX: live order book, 3 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, 61 min ago | 4.99 bp | 18.0 bp −$18 | 46.7 bp −$467 | doesn't fit | doesn't fit |
| Sell OKX live order book, 3 min ago | 4.99 bp | 22.6 bp −$23 | 338.6 bp −$3,386 | doesn't fit | doesn't fit |
BLUR on 15 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_BLURUSD | −0.0737% | 1h | 0.02007 | +0.016% | $13K | $6K | 10x | as long as short |
| Injective BLUR/USDC PERP | +0.0033% | 1h | 0.01998 | −0.448% | $1K | $212 | 5.5x | as long as short |
| Hyperliquid BLUR | +0.0100% | 1h | 0.02005 | −0.080% | $1.4M | $433K | 3x | as long as short |
| Aster BLURUSDT | +0.0100% | 4h | 0.02007 | −0.001% | $4K | $3K | 5x | as long as short |
| Binance BLURUSDT | +0.0100% | 4h | 0.02005 | −0.100% | $2.0M | $3.5M | 50x | as long as short |
| Bybit BLURUSDT | +0.0100% | 8h | 0.02005 | −0.080% | $1.3M | $972K | 25x | as long as short |
| OKX BLUR-USDT-SWAPshort | +0.0100% | 4h | 0.02005 | −0.100% | $983K | $1.7M | 20x | |
| MEXC BLUR_USDT | +0.0100% | 4h | 0.02005 | −0.100% | $1.1M | $118K | 20x | as long as short |
| KuCoin BLURUSDTM | +0.0100% | 4h | 0.02008 | +0.050% | $583K | $101K | 30x | as long as short |
| Bitget BLURUSDT | +0.0100% | 4h | 0.02006 | −0.050% | $830K | $464K | 50x | as long as short |
Show all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX BLUR-USDT | +0.0100% | 4h | 0.02006 | −0.050% | — | $13.7M | — | as long as short |
| Variational Omni BLUR | +0.0100% | 8h | 0.02006 | −0.046% | $1K | $849 | — | as long as short |
| BloFin BLUR-USDTlong | +0.0121% | 4h | 0.02007 | long leg | $360K | $2K | 50x | |
| Gate BLUR_USDT | +0.0540% | 4h | 0.02007 | 0.000% | $800K | $261K | 50x | as long as short |
| dYdX BLUR-USD | +0.0609% | 1h | 0.02005 | −0.117% | $26K | $328 | 5x | as long as short |
BloFin BLUR-USDT
OKX BLUR-USDT-SWAP
Kraken Futures PF_BLURUSD
Injective BLUR/USDC PERP
Hyperliquid BLUR
Aster BLURUSDT
Binance BLURUSDT
Bybit BLURUSDT
MEXC BLUR_USDT
KuCoin BLURUSDTM
Bitget BLURUSDT
BingX BLUR-USDT
Variational Omni BLUR
Gate BLUR_USDT