Funding you earn now, next payment 04:00 UTC−0.0067%/8h= −7.4% APRnext payment −$0.34 per $10,000 · paid last 24h +0.007%
Price spread now: OKX against BloFin−0.071%53s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and OKX is 0.071% cheaper against BloFin than usual: you would sell low and buy high (−$7 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 53 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 CP-USDT | 0.01415 | 0.0173 | pay 0.0086% / 4h | 26m 24s | $427 | $42K | 20x |
| Short | OKX CP-USDT-SWAP | 0.01414 | 0.0106 | get 0.0053% / 4h | 26m 24s | $4.0M | $11.7M | 20x |
BloFin CP-USDT
OKX CP-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
- −$14.12
- Price spread: −0.071% → 0.000%
- −$7.07
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$43.19
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: BloFin: no order-book sample; OKX: live order book, 2 min ago. Net counts fees only.
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 no order-book sample | — | — | — | — | — |
| Sell OKX live order book, 2 min ago | 3.54 bp | 26.6 bp −$27 | 128.4 bp −$1,284 | doesn't fit | doesn't fit |
BloFin: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
CP on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX CP-USDT | +0.0070% | 4h | 0.01415 | 0.000% | — | $1.0M | — | as long as short |
| Bybit CPUSDT | +0.0100% | 4h | 0.01416 | +0.071% | $1.4M | $2.8M | 20x | as long as short |
| Gate CP_USDT | +0.0100% | 4h | 0.01414 | −0.071% | $622K | $566K | 20x | as long as short |
| KuCoin CPUSDTM | +0.0100% | 4h | 0.01415 | 0.000% | $200K | $892K | 20x | as long as short |
| Bitget CPUSDT | +0.0100% | 4h | 0.01415 | +0.028% | $852K | $1.6M | 20x | as long as short |
| OKX CP-USDT-SWAPshort | +0.0106% | 4h | 0.01414 | −0.071% | $4.0M | $11.7M | 20x | |
| MEXC CP_USDT | +0.0110% | 4h | 0.01415 | 0.000% | $1.5M | $358K | 20x | as long as short |
| BloFin CP-USDTlong | +0.0173% | 4h | 0.01415 | long leg | $427 | $42K | 20x |
BingX CP-USDT
Bybit CPUSDT
Gate CP_USDT
KuCoin CPUSDTM
Bitget CPUSDT
MEXC CP_USDT