Funding you earn now, next payment 04:00 UTC+0.0240%/8h= +26.3% APRnext payment +$1.20 per $10,000 · paid last 24h +0.072%
Price spread now: BloFin against OKX−0.451%103s7-day average −0.033% · you buy dearer than you sell
Net, funding: paid 7d − costs−$49as 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−$800.805% of the position
Funding, last 7 days+0.310%+$31 on $10k
+Price spread, last 3 days (all we have)+0.513%+$51 · spread now −0.451%, 7d avg −0.033%
=Funding pays, the price is against you. BloFin is 0.417% cheaper against OKX than usual: you would sell low and buy high (spread −0.451% now, against its 7-day average of −0.033%). If the spread goes back, that is −$42 on $10k: about 5.8 days of funding at the current rate (+$7 a day). 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 | OKX CC-USDT-SWAP | 0.1198 | 0.0100 | pay 0.0050% / 4h | 3h 15m | $2.6M | $3.6M | 20x |
| Short | BloFin CC-USDT | 0.1192 | 0.0340 | get 0.0170% / 4h | 3h 15m | $595K | $105K | 75x |
OKX CC-USDT-SWAP
BloFin CC-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
- $50.4
- Price spread: −0.451% → −0.033%
- −$41.73
- Slippage, 4 orders
- −$58.46
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$71.79
- Costs to cover
- 0.805%
- Break-even
- 17.0 days
Slippage from OKX: live order book, 2 min ago; BloFin: live order book, 56 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, 2 min ago | 3.34 bp | 20.5 bp −$20 | 776.3 bp −$7,763 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 56 min ago | 1.70 bp | 15.7 bp −$16 | 52.2 bp −$522 | doesn't fit | doesn't fit |
CC on 19 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective CC/USDC PERP | −0.4522% | 1h | 0.1174 | −1.995% | $6K | $99 | 5.5x | as long as short |
| Bybit CCUSDT | −0.0515% | 4h | 0.1197 | −0.050% | $10.9M | $3.8M | 25x | as long as short |
| MEXC CC_USDT | −0.0500% | 4h | 0.1197 | −0.100% | $1.7M | $315K | 100x | as long as short |
| Paradex CC-USD-PERP | +0.0098% | 8h | 0.1197 | −0.058% | $1K | — | 5x | as long as short |
| Aster CCUSDT | +0.0100% | 4h | 0.1197 | −0.072% | $35K | $39K | 20x | as long as short |
| Binance CCUSDT | +0.0100% | 4h | 0.1197 | −0.109% | $11.3M | $11.5M | 75x | as long as short |
| OKX CC-USDT-SWAPlong | +0.0100% | 4h | 0.1198 | long leg | $2.6M | $3.6M | 20x | |
| Gate CC_USDT | +0.0100% | 4h | 0.1197 | −0.100% | $370K | $213K | 50x | as long as short |
| KuCoin CCUSDTM | +0.0100% | 4h | 0.1198 | +0.050% | $502K | $119K | 50x | as long as short |
| Bitget CCUSDT | +0.0100% | 4h | 0.1197 | −0.042% | $955K | $786K | 20x | as long as short |
Injective CC/USDC PERP
Bybit CCUSDT
MEXC CC_USDT
Paradex CC-USD-PERP
Aster CCUSDT
Binance CCUSDT
Gate CC_USDT
KuCoin CCUSDTM
Bitget CCUSDTShow all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX CC-USDT | +0.0100% | 4h | 0.1197 | −0.050% | — | $6.6M | — | as long as short |
| Backpack CC_USDC_PERP | +0.0100% | 1h | 0.1197 | −0.067% | $16K | $22K | 10x | as long as short |
| Variational Omni CC | +0.0100% | 4h | 0.1195 | −0.245% | $608K | $55K | — | as long as short |
| GRVT CC_USDT_Perp | +0.0100% | 4h | 0.1195 | −0.243% | $90K | $2.3M | 10x | as long as short |
| Derive CC-PERP | +0.0100% | 1h | 0.1195 | −0.227% | $6K | $36K | 6.7x | as long as short |
| Hyperliquid CC | +0.0131% | 1h | 0.1200 | +0.150% | $5.6M | $1.4M | 3x | as long as short |
| BloFin CC-USDTshort | +0.0340% | 4h | 0.1192 | −0.451% | $595K | $105K | 75x | |
| GMX CC/USD [WBTC.b-USDC] | L +0.0451% / S −0.0241% | 1h | 0.1197 | −0.076% | $45K | — | 50x | as long as short |
| Lighter CC | +0.0840% | 1h | 0.1202 | +0.351% | $238K | $154K | 5x | as long as short |
BingX CC-USDT
Backpack CC_USDC_PERP
Variational Omni CC
GRVT CC_USDT_Perp
Derive CC-PERP
Hyperliquid CC
GMX CC/USD [WBTC.b-USDC]
Lighter CC