Funding you earn now, next payment 08:00 UTC+0.0235%/8h= +25.7% APRnext payment +$2.35 per $10,000 · paid last 24h +0.052%
Price spread now: BloFin against OKX−0.030%7-day average +0.055% · you buy dearer than you sell
Net, funding: paid 7d − costs−$15as in the Funding arb table
Net, price: spread back to 7d avg − costs−$53as in the Price arb table
costs, in and out, $10k−$440.440% of the position
Funding, last 7 days+0.286%+$29 on $10k
+Price spread, last 4 days (all we have)+0.194%+$19 · spread now −0.030%, 7d avg +0.055%
=Funding pays, the price is against you. BloFin is 0.085% cheaper against OKX than usual: you would sell low and buy high (spread −0.030% now, against its 7-day average of +0.055%). If the spread goes back, that is −$9 on $10k: about 29 hours of funding at the current rate (+$7 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX FIL-USDT-SWAP | 1.0029 | −0.0059 | get 0.0059% / 8h | 5h 36m | $18.8M | $100.4M | 50x |
| Short | BloFin FIL-USDT | 1.0026 | 0.0176 | get 0.0176% / 8h | 5h 36m | $2.7M | $638K | 75x |
OKX FIL-USDT-SWAP
BloFin FIL-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
- $49.3
- Price spread: −0.030% → +0.055%
- −$8.51
- Slippage, 4 orders
- −$22.04
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$3.25
- Costs to cover
- 0.440%
- Break-even
- 7.5 days
Slippage from OKX: live order book, 2 min ago; BloFin: live order book, 5 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 | 0.50 bp | 7.6 bp −$8 | 13.4 bp −$134 | 105.6 bp −$10.6K | doesn't fit |
| Sell BloFin live order book, 5 min ago | 1.00 bp | 10.9 bp −$11 | 14.2 bp −$142 | 37.3 bp −$3,734 | doesn't fit |
FIL on 29 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International FIL-PERP-INTX | −0.0256% | 1h | 1.0029 | 0.000% | $379K | $2.1M | 50x | as long as short |
| Kraken Futures PF_FILUSD | −0.0127% | 1h | 1.0024 | −0.050% | $1.4M | $2.3M | 50x | as long as short |
| OKX FIL-USDT-SWAPlong | −0.0059% | 8h | 1.0029 | long leg | $18.8M | $100.4M | 50x | |
| Deribit FIL_USDC-PERPETUAL | −0.0049% | 1h | 1.0023 | −0.060% | $172K | $23K | 25x | as long as short |
| KuCoin FILUSDTM | −0.0035% | 8h | 1.0020 | −0.090% | $7.4M | $7.2M | 50x | as long as short |
| gTrade (Gains Network) FIL/USD | L −0.0003% / S +0.0006% | 1h | 1.0020 | −0.088% | $27K | — | 150x | as long as short |
| dYdX FIL-USD | 0.0000% | 1h | 1.0028 | −0.014% | $58K | $2K | 10x | as long as short |
| Injective FIL/USDC PERP | +0.0033% | 1h | 0.9855 | −1.735% | $2K | $240K | 12x | as long as short |
| Binance FILUSDT | +0.0056% | 8h | 1.0032 | +0.030% | $58.2M | $177.9M | 75x | as long as short |
| Extended FIL-USD | +0.0056% | 1h | 1.0030 | +0.013% | $708K | $3.3M | 10x | as long as short |
Coinbase International FIL-PERP-INTX
Kraken Futures PF_FILUSD
Deribit FIL_USDC-PERPETUAL
KuCoin FILUSDTM
gTrade (Gains Network) FIL/USD
dYdX FIL-USD
Injective FIL/USDC PERP
Binance FILUSDT
Extended FIL-USDShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC FIL_USDC | +0.0081% | 8h | 1.0020 | −0.090% | $243K | $103K | 50x | as long as short |
| Lighter FIL | +0.0096% | 1h | 1.0029 | 0.000% | $159K | $352K | 5x | as long as short |
| Hyperliquid FIL | +0.0100% | 1h | 1.0024 | −0.050% | $8.6M | $9.4M | 5x | as long as short |
| Aster FILUSDT | +0.0100% | 8h | 1.0032 | +0.034% | $510K | $577K | 20x | as long as short |
| Bybit FILUSDT | +0.0100% | 8h | 1.0031 | +0.020% | $15.6M | $19.3M | 25x | as long as short |
| Gate FIL_USDT | +0.0100% | 8h | 1.0036 | +0.070% | $8.5M | $16.4M | 50x | as long as short |
| Bitget FILUSDT | +0.0100% | 8h | 1.0031 | +0.020% | $11.0M | $20.1M | 75x | as long as short |
| BingX FIL-USDT | +0.0100% | 8h | 1.0035 | +0.060% | — | $11.9M | — | as long as short |
| Variational Omni FIL | +0.0100% | 8h | 1.0054 | +0.245% | $453K | $266K | — | as long as short |
| edgeX FILUSDC | +0.0100% | 4h | 1.0050 | +0.205% | $46K | $294K | 10x | as long as short |
| GRVT FIL_USDT_Perp | +0.0100% | 8h | 1.0009 | −0.202% | $291K | $880K | 10x | as long as short |
| ApeX Omni FILUSDT | +0.0100% | 1h | 1.0020 | −0.090% | $30K | $187K | 50x | as long as short |
| Orderly PERP_FIL_USDC_mythos | +0.0100% | 4h | 1.0028 | −0.006% | $5K | — | 10x | as long as short |
| SunX FIL-USDT | +0.0100% | 8h | 1.0010 | −0.189% | $3K | $1.1M | 20x | as long as short |
| SoDEX FIL-USD | +0.0100% | 1h | 1.0016 | −0.130% | $486 | $11K | 5x | as long as short |
| HTX FIL-USDT | +0.0100% | 8h | 1.0022 | −0.070% | $634K | $5.8M | 75x | as long as short |
| Phemex FILUSDT | +0.0100% | 8h | 1.0010 | −0.189% | $1.1M | $2.5M | 50x | as long as short |
| BloFin FIL-USDTshort | +0.0176% | 8h | 1.0026 | −0.030% | $2.7M | $638K | 75x | |
| GMX FIL/USD [WBTC.b-USDC] | L +0.0574% / S −0.0237% | 1h | 1.0022 | −0.073% | $267K | — | 100x | as long as short |
MEXC FIL_USDC
Lighter FIL
Hyperliquid FIL
Aster FILUSDT
Bybit FILUSDT
Gate FIL_USDT
Bitget FILUSDT
BingX FIL-USDT
Variational Omni FIL
edgeX FILUSDC
GRVT FIL_USDT_Perp
ApeX Omni FILUSDT
Orderly PERP_FIL_USDC_mythos
SunX FIL-USDT
SoDEX FIL-USD
HTX FIL-USDT
Phemex FILUSDT
GMX FIL/USD [WBTC.b-USDC]