Funding you earn now, next payment 08:00 UTC+0.0088%/8h= +9.7% APRnext payment +$0.88 per $10,000 · paid last 24h +0.038%
Price spread now: OKX against BloFin−0.368%7-day average −0.032% · you buy dearer than you sell
Net, funding: paid 7d − costs−$113as in the Funding arb table
Net, price: spread back to 7d avg − costs−$126as in the Price arb table
costs, in and out, $10k−$920.924% of the position
Funding, last 7 days−0.208%−$21 on $10k
+Price spread, last 4 days (all we have)+0.022%+$2 · spread now −0.368%, 7d avg −0.032%
=Funding pays, the price is against you. OKX is 0.335% cheaper against BloFin than usual: you would sell low and buy high (spread −0.368% now, against its 7-day average of −0.032%). If the spread goes back, that is −$34 on $10k: about 13 days of funding at the current rate (+$3 a day). Mind the row above: over the last 7 days funding on this pair cost −0.208%, 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 EGLD-USDT | 4.3520 | 0.0220 | pay 0.0220% / 8h | 2h 55m | $223K | $555K | 75x |
| Short | OKX EGLD-USDT-SWAP | 4.3360 | 0.0308 | get 0.0308% / 8h | 2h 55m | $605K | $4.5M | 20x |
BloFin EGLD-USDT
OKX EGLD-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
- $18.58
- Price spread: −0.368% → −0.032%
- −$33.52
- Slippage, 4 orders
- −$70.38
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$107.32
- Costs to cover
- 0.924%
- Break-even
- 47.4 days
Slippage from BloFin: live order book, 36 min ago; OKX: live order book, 3 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, 36 min ago | 2.29 bp | 17.4 bp −$17 | 29.5 bp −$295 | 172.7 bp −$17.3K | doesn't fit |
| Sell OKX live order book, 3 min ago | 2.29 bp | 25.4 bp −$25 | doesn't fit | doesn't fit | doesn't fit |
EGLD on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_EGLDUSD | −0.0182% | 1h | 4.3409 | −0.255% | $432K | $677K | 20x | as long as short |
| Injective EGLD/USDC PERP | +0.0033% | 1h | 3.6600 | −15.901% | $16 | $46K | 5.5x | as long as short |
| Binance EGLDUSDT | +0.0100% | 8h | 4.3373 | −0.337% | $4.7M | $24.9M | 75x | as long as short |
| Bybit EGLDUSDT | +0.0100% | 8h | 4.3360 | −0.368% | $2.6M | $8.1M | 75x | as long as short |
| Gate EGLD_USDT | +0.0100% | 8h | 4.3420 | −0.230% | $448K | $649K | 30x | as long as short |
| MEXC EGLD_USDT | +0.0100% | 8h | 4.3340 | −0.414% | $3.9M | $3.0M | 125x | as long as short |
| KuCoin EGLDUSDTM | +0.0100% | 8h | 4.3450 | −0.161% | $2.8M | $1.2M | 50x | as long as short |
| Bitget EGLDUSDT | +0.0100% | 8h | 4.3410 | −0.253% | $2.2M | $3.9M | 75x | as long as short |
| Variational Omni EGLD | +0.0100% | 8h | 4.3532 | +0.028% | $16K | $55K | — | as long as short |
| BloFin EGLD-USDTlong | +0.0220% | 8h | 4.3520 | long leg | $223K | $555K | 75x |
Kraken Futures PF_EGLDUSD
Injective EGLD/USDC PERP
Binance EGLDUSDT
Bybit EGLDUSDT
Gate EGLD_USDT
MEXC EGLD_USDT
KuCoin EGLDUSDTM
Bitget EGLDUSDT
Variational Omni EGLDShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX EGLD-USDT | +0.0294% | 8h | 4.3450 | −0.161% | — | $2.8M | — | as long as short |
| OKX EGLD-USDT-SWAPshort | +0.0308% | 8h | 4.3360 | −0.368% | $605K | $4.5M | 20x |
BingX EGLD-USDT