Funding you earn now, next payment 12:00 UTC−0.0057%/8h= −6.3% APRnext payment −$0.29 per $10,000 · paid last 24h +0.026%
Price spread now: OKX against BloFin−0.211%103s7-day average −0.119% · you buy dearer than you sell
Net, funding: paid 7d − costs−$87as 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−$940.939% of the position
Funding, last 7 days+0.070%+$7 on $10k
+Price spread, last 4 days (all we have)+0.001%$0 · spread now −0.211%, 7d avg −0.119%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and OKX is 0.091% cheaper against BloFin than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of −0.119%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.070%, so the current rate has only just turned against you. The two prices were read 103 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 | BloFin BSB-USDT | 0.1044 | 0.0157 | pay 0.0079% / 4h | 11m 27s | $273K | $38K | 10x |
| Short | OKX BSB-USDT-SWAP | 0.1041 | 0.0100 | get 0.0050% / 4h | 11m 27s | $1.2M | $1.4M | 10x |
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
- −$11.99
- Price spread: −0.211% → −0.119%
- −$9.15
- Slippage, 4 orders
- −$71.95
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$115.08
- Costs to cover
- 0.939%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 23 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, 23 min ago | 3.37 bp | 17.4 bp −$17 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 3 min ago | 1.44 bp | 27.5 bp −$27 | doesn't fit | doesn't fit | doesn't fit |
BSB on 13 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit BSBUSDT | +0.0100% | 4h | 0.1041 | −0.297% | $2.8M | $541K | 25x | as long as short |
| OKX BSB-USDT-SWAPshort | +0.0100% | 4h | 0.1041 | −0.211% | $1.2M | $1.4M | 10x | |
| Gate BSB_USDT | +0.0100% | 4h | 0.1041 | −0.278% | $606K | $133K | 20x | as long as short |
| KuCoin BSBUSDTM | +0.0100% | 4h | 0.1041 | −0.240% | $526K | $490K | 10x | as long as short |
| Bitget BSBUSDT | +0.0100% | 4h | 0.1041 | −0.240% | $3.4M | $831K | 10x | as long as short |
| Variational Omni BSB | +0.0100% | 4h | 0.1041 | −0.230% | $2K | $2K | — | as long as short |
| SunX BSB-USDT | +0.0100% | 4h | 0.1043 | −0.086% | $2K | $933K | 10x | as long as short |
| BloFin BSB-USDTlong | +0.0157% | 4h | 0.1044 | long leg | $273K | $38K | 10x | |
| Aster BSBUSDT | +0.0175% | 4h | 0.1040 | −0.299% | $31K | $13K | 5x | as long as short |
| BingX BSB-USDT | +0.0190% | 4h | 0.1041 | −0.249% | — | $1.7M | — | as long as short |
Show all 13 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended BSB-USD | +0.0192% | 1h | 0.1042 | −0.172% | $605 | $272K | 5x | as long as short |
| MEXC BSB_USDT | +0.0192% | 4h | 0.1042 | −0.144% | $1.1M | $155K | 50x | as long as short |
| Binance BSBUSDT | +0.0194% | 4h | 0.1042 | −0.157% | $5.9M | $3.1M | 10x | as long as short |
BloFin BSB-USDT
OKX BSB-USDT-SWAP
Bybit BSBUSDT
Gate BSB_USDT
KuCoin BSBUSDTM
Bitget BSBUSDT
Variational Omni BSB
SunX BSB-USDT
Aster BSBUSDT
BingX BSB-USDT
Extended BSB-USD
MEXC BSB_USDT
Binance BSBUSDT