Settings8H · net · $10k
Funding arb · Price arb /

DATA

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0024%/8h= +2.7% APRnext payment +$0.12 per $10,000 · paid last 24h −0.001%
Price spread now: BloFin against OKX−0.098%53s7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.020%−$2 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. BloFin is 0.098% cheaper against OKX than usual: you would sell low and buy high (spread −0.098% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$10 on $10k: about 13 days of funding at the current rate (+$1 a day). The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX DATA-USDT-SWAP0.20420.0100pay 0.0050% / 4h34m 17s$863K$1.4M20x
ShortBloFin DATA-USDT0.20400.0124get 0.0062% / 4h34m 17s$81K$5K20x

Funding 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$5.11
Price spread: −0.098% → 0.000%
−$9.79
Slippage, 4 orders
no order book: not counted
Fee OKX: 5 bp × 2 orders
−$10
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$26.68
Costs to cover
0.220%
Break-even
43.5 days
Slippage unknown: OKX: live order book, 2 min ago; BloFin: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy OKX live order book, 2 min ago4.90 bp29.4 bp −$29162.8 bp −$1,628doesn't fitdoesn't fit
Sell BloFin no order-book sample
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.

DATA on 9 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter DATA+0.0096%1h0.2041−0.049%$48K$119K10xas long as short
Bybit DATAUSDT+0.0100%4h0.2041−0.059%$870K$349K20xas long as short
OKX DATA-USDT-SWAPlong+0.0100%4h0.2042long leg$863K$1.4M20x
Gate DATA_USDT+0.0100%4h0.2038−0.196%$84K$9K20xas long as short
MEXC DATA_USDT+0.0100%4h0.2038−0.196%$93K$254K20xas long as short
KuCoin DATAUSDTM+0.0100%4h0.2039−0.127%$156K$998K30xas long as short
Bitget DATAUSDT+0.0100%4h0.2041−0.049%$520K$97K50xas long as short
Extended DATA-USD+0.0104%1h0.2038−0.212%$9045xas long as short
BloFin DATA-USDTshort+0.0124%4h0.2040−0.098%$81K$5K20x