Funding you earn now, next payment 08:00 UTC+0.0174%/8h= +19.0% APRnext payment +$0.87 per $10,000 · paid last 24h −0.068%
Price spread now: OKX against BloFin+0.151%7-day average −0.047% · you sell dearer than you buy
Net, funding: paid 7d − costs−$130as in the Funding arb table
Net, price: spread back to 7d avg − costs−$41as in the Price arb table
costs, in and out, $10k−$610.610% of the position
Funding, last 7 days−0.685%−$69 on $10k
+Price spread, last 4 days (all we have)−0.278%−$28 · spread now +0.151%, 7d avg −0.047%
=Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and OKX is 0.198% dearer against BloFin than usual: you sell high and buy low: +$20 more if the spread goes back to its 7-day average of −0.047%. Mind the row above: over the last 7 days funding on this pair cost −0.685%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin CAP-USDT | 0.04633 | 0.0041 | pay 0.0020% / 4h | 2h 38m | $361K | $60K | 10x |
| Short | OKX CAP-USDT-SWAP | 0.04640 | 0.0214 | get 0.0107% / 4h | 2h 38m | $1.9M | $7.1M | 10x |
BloFin CAP-USDT
OKX CAP-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
- $36.47
- Price spread: +0.151% → −0.047%
- $19.83
- Slippage, 4 orders
- −$39.04
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$4.74
- Costs to cover
- 0.610%
- Break-even
- 7.9 days
Slippage from BloFin: live order book, 52 min ago; OKX: live order book, 5 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, 52 min ago | 2.15 bp | 18.7 bp −$19 | 61.2 bp −$612 | doesn't fit | doesn't fit |
| Sell OKX live order book, 5 min ago | 1.08 bp | 10.1 bp −$10 | 77.3 bp −$773 | doesn't fit | doesn't fit |
CAP on 14 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 | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) CAP/USD | L 0.0000% / S 0.0000% | 1h | 0.04634 | +0.027% | — | — | 150x | as long as short |
| BloFin CAP-USDTlong | +0.0041% | 4h | 0.04633 | long leg | $361K | $60K | 10x | |
| BingX CAP-USDT | +0.0070% | 4h | 0.04640 | +0.151% | — | $1.6M | — | as long as short |
| Lighter CAP | +0.0096% | 1h | 0.04637 | +0.080% | $19K | $2K | 3x | as long as short |
| Aster CAPUSDT | +0.0100% | 4h | 0.04635 | +0.049% | $25K | $58K | 5x | as long as short |
| Binance CAPUSDT | +0.0100% | 4h | 0.04638 | +0.108% | $8.7M | $8.1M | 10x | as long as short |
| Bybit CAPUSDT | +0.0100% | 4h | 0.04638 | +0.108% | $4.4M | $3.8M | 10x | as long as short |
| Gate CAP_USDT | +0.0100% | 4h | 0.04634 | +0.022% | $321K | $1.1M | 20x | as long as short |
| MEXC CAP_USDT | +0.0100% | 4h | 0.04637 | +0.086% | $547K | $217K | 20x | as long as short |
| KuCoin CAPUSDTM | +0.0100% | 4h | 0.04634 | +0.022% | $4.3M | $1.3M | 10x | as long as short |
gTrade (Gains Network) CAP/USD
BingX CAP-USDT
Lighter CAP
Aster CAPUSDT
Binance CAPUSDT
Bybit CAPUSDT
Gate CAP_USDT
MEXC CAP_USDT
KuCoin CAPUSDTMShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget CAPUSDT | +0.0100% | 4h | 0.04634 | +0.022% | $1.0M | $600K | 10x | as long as short |
| Variational Omni CAP | +0.0100% | 4h | 0.04647 | +0.307% | $8K | $8K | — | as long as short |
| Orderly PERP_CAP_USDC_mythos | +0.0100% | 4h | 0.04634 | +0.013% | $4K | $2K | 10x | as long as short |
| OKX CAP-USDT-SWAPshort | +0.0214% | 4h | 0.04640 | +0.151% | $1.9M | $7.1M | 10x |
Bitget CAPUSDT
Variational Omni CAP
Orderly PERP_CAP_USDC_mythos