H

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0050%/8h= −5.4% APRnext payment −$0.25 per $10,000 · paid last 24h +0.005%

Price spread now: OKX against BloFin+0.292%7-day average −0.022% · you sell dearer than you buy

Net, funding: paid 7d − costs−$140as in the Funding arb table

Net, price: spread back to 7d avg − costs−$88as in the Price arb table

costs, in and out, $10k−$1201.198% of the position

Long on BloFin Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.201%−$20 on $10k

Price spread, last 4 days (all we have)−0.633%−$63 · spread now +0.292%, 7d avg −0.022%

Together, before fees−0.834%−$83 on $10k · with fees, hour by hour

The price spread pays, funding is against you. OKX is 0.314% dearer against BloFin than usual: you sell high and buy low (spread +0.292% now, against its 7-day average of −0.022%): +$31 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 21 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin H-USDT	0.06856	0.0150	pay 0.0075% / 4h	1h 06m	$592K	$110K	25x
Short	OKX H-USDT-SWAP	0.06876	0.0100	get 0.0050% / 4h	1h 06m	$1.8M	$6.5M	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 it

latest

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

Profit calculator

Position, each leg$Hold fordaysFee BloFinbpFee OKXbpOrdersPrice spread, now +0.292%Rate

Funding earned: −$10.41
Price spread: +0.292% → −0.022%: $31.42
Slippage, 4 orders: −$97.8
Fee BloFin: 6 bp × 2 orders: −$12
Fee OKX: 5 bp × 2 orders: −$10
Net: −$98.79
Costs to cover: 1.198%
Break-even: never at this rate

Slippage from BloFin: live order book, 15 min ago; OKX: live order book, 1 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, 15 min ago	3.62 bp	21.5 bp −$21	doesn't fit	doesn't fit	doesn't fit
Sell OKX live order book, 1 min ago	0.73 bp	32.5 bp −$32	doesn't fit	doesn't fit	doesn't fit

H on 14 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 H/USDC PERP	+0.0033%	1h	0.06250	−8.839%	$1K	$1	5.5x	as long as short
Aster HUSDT	+0.0100%	4h	0.06860	+0.059%	$112K	$58K	5x	as long as short
Binance HUSDT	+0.0100%	4h	0.06871	+0.224%	$14.7M	$11.1M	10x	as long as short
Bybit HUSDT	+0.0100%	4h	0.06858	+0.034%	$7.5M	$5.0M	13x	as long as short
OKX H-USDT-SWAPshort	+0.0100%	4h	0.06876	+0.292%	$1.8M	$6.5M	10x
Gate H_USDT	+0.0100%	4h	0.06849	−0.102%	$2.8M	$1.8M	10x	as long as short
MEXC H_USDT	+0.0100%	4h	0.06865	+0.131%	$6.2M	$1.2M	20x	as long as short
KuCoin HUSDTM	+0.0100%	4h	0.06865	+0.131%	$1.6M	$10.2M	8x	as long as short
Bitget HUSDT	+0.0100%	4h	0.06853	−0.044%	$1.7M	$446K	4x	as long as short
BingX H-USDT	+0.0100%	4h	0.06853	−0.044%	—	$2.7M	—	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni H	+0.0100%	4h	0.06853	−0.048%	$9K	$6K	—	as long as short
GRVT H_USDT_Perp	+0.0100%	4h	0.06837	−0.277%	$1.1M	$465K	10x	as long as short
Extended H-USD	+0.0104%	1h	0.06863	+0.102%	$9K	$100K	5x	as long as short
BloFin H-USDTlong	+0.0150%	4h	0.06856	long leg	$592K	$110K	25x