Funding you earn now, next payment 08:00 UTC−0.0011%/8h= −1.2% APRnext payment −$0.05 per $10,000 · paid last 24h +0.020%
Price spread now: OKX against BloFin+0.249%7-day average +0.036% · you sell dearer than you buy
Net, funding: paid 7d − costs−$114as in the Funding arb table
Net, price: spread back to 7d avg − costs−$98as in the Price arb table
costs, in and out, $10k−$1191.192% of the position
Funding, last 7 days+0.052%+$5 on $10k
+Price spread, last 4 days (all we have)−0.466%−$47 · spread now +0.249%, 7d avg +0.036%
=The price spread pays, funding is against you. OKX is 0.213% dearer against BloFin than usual: you sell high and buy low (spread +0.249% now, against its 7-day average of +0.036%): +$21 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 2 months. Mind the row above: over the last 7 days funding on this pair paid +0.052%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin FLOW-USDT | 0.03215 | 0.0111 | pay 0.0055% / 4h | 2h 38m | $139K | $20K | 20x |
| Short | OKX FLOW-USDT-SWAP | 0.03223 | 0.0100 | get 0.0050% / 4h | 2h 38m | $836K | $1.7M | 10x |
Funding 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
- −$2.26
- Price spread: +0.249% → +0.036%
- $21.27
- Slippage, 4 orders
- −$97.15
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$100.14
- Costs to cover
- 1.192%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 33 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, 33 min ago | 7.67 bp | 22.6 bp −$23 | 68.6 bp −$686 | doesn't fit | doesn't fit |
| Sell OKX live order book, 3 min ago | 4.65 bp | 41.4 bp −$41 | doesn't fit | doesn't fit | doesn't fit |
FLOW 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective FLOW/USDC PERP | +0.0033% | 1h | 0.03046 | −5.257% | $213 | $14K | 5.5x | as long as short |
| Aster FLOWUSDT | +0.0100% | 4h | 0.03223 | +0.244% | $7K | $11K | 5x | as long as short |
| Binance FLOWUSDT | +0.0100% | 4h | 0.03222 | +0.218% | $2.6M | $7.7M | 10x | as long as short |
| Bybit FLOWUSDT | +0.0100% | 8h | 0.03223 | +0.249% | $1.5M | $1.3M | 20x | as long as short |
| OKX FLOW-USDT-SWAPshort | +0.0100% | 4h | 0.03223 | +0.249% | $836K | $1.7M | 10x | |
| Gate FLOW_USDT | +0.0100% | 8h | 0.03225 | +0.311% | $284K | $299K | 10x | as long as short |
| MEXC FLOW_USDT | +0.0100% | 4h | 0.03222 | +0.218% | $1.5M | $1.0M | 50x | as long as short |
| KuCoin FLOWUSDTM | +0.0100% | 4h | 0.03221 | +0.187% | $289K | $128K | 10x | as long as short |
| BingX FLOW-USDT | +0.0100% | 4h | 0.03221 | +0.187% | — | $1.7M | — | as long as short |
| Variational Omni FLOW | +0.0100% | 8h | 0.03231 | +0.512% | $34K | $2K | — | as long as short |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin FLOW-USDTlong | +0.0111% | 4h | 0.03215 | long leg | $139K | $20K | 20x | |
| Kraken Futures PF_FLOWUSD | +0.0538% | 1h | 0.03224 | +0.277% | $37K | $43K | 10x | as long as short |
BloFin FLOW-USDT
OKX FLOW-USDT-SWAP
Injective FLOW/USDC PERP
Aster FLOWUSDT
Binance FLOWUSDT
Bybit FLOWUSDT
Gate FLOW_USDT
MEXC FLOW_USDT
KuCoin FLOWUSDTM
BingX FLOW-USDT
Variational Omni FLOW
Kraken Futures PF_FLOWUSD