Funding you earn now, next payment 00:00 UTC+0.0005%/8h= +0.5% APRnext payment +$0.02 per $10,000 · paid last 24h −0.001%
Price spread now: BloFin against OKX−0.271%7-day average −0.108% · you buy dearer than you sell
Net, funding: paid 7d − costs−$220as in the Funding arb table
Net, price: spread back to 7d avg − costs−$128as in the Price arb table
costs, in and out, $10k−$1121.120% of the position
Funding, last 7 days−1.081%−$108 on $10k
+Price spread, last 3 days (all we have)−1.518%−$152 · spread now −0.271%, 7d avg −0.108%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BloFin is 0.163% cheaper against OKX than usual: you would sell low and buy high, −$16 on $10k if it goes back to its 7-day average of −0.108%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX CNPY-USDT-SWAP | 0.4064 | 0.0100 | pay 0.0050% / 4h | 1h 10m | $1.4M | $18.3M | 20x |
| Short | BloFin CNPY-USDT | 0.4053 | 0.0105 | get 0.0052% / 4h | 1h 10m | $63K | $236K | 20x |
OKX CNPY-USDT-SWAP
BloFin CNPY-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
- $0.99
- Price spread: −0.271% → −0.108%
- −$16.27
- Slippage, 4 orders
- −$90.03
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$127.31
- Costs to cover
- 1.120%
- Break-even
- 904.9 days
Slippage from OKX: live order book, 3 min ago; BloFin: live order book, 65 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, 3 min ago | 1.23 bp | 30.0 bp −$30 | 141.7 bp −$1,417 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 65 min ago | 2.52 bp | 32.8 bp −$33 | 112.2 bp −$1,122 | doesn't fit | doesn't fit |
CNPY on 5 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 | |
|---|---|---|---|---|---|---|---|---|
| OKX CNPY-USDT-SWAPlong | +0.0100% | 4h | 0.4064 | long leg | $1.4M | $18.3M | 20x | |
| Gate CNPY_USDT | +0.0100% | 4h | 0.4055 | −0.221% | $1.1M | $6.1M | 20x | as long as short |
| MEXC CNPY_USDT | +0.0100% | 4h | 0.4059 | −0.123% | $1.0M | $652K | 20x | as long as short |
| BingX CNPY-USDT | +0.0100% | 4h | 0.4068 | +0.098% | — | $1.4M | — | as long as short |
| BloFin CNPY-USDTshort | +0.0105% | 4h | 0.4053 | −0.271% | $63K | $236K | 20x |
Gate CNPY_USDT
MEXC CNPY_USDT
BingX CNPY-USDT