Funding you earn now, next payment 00:00 UTC−0.0008%/8h= −0.9% APRnext payment −$0.04 per $10,000 · paid last 24h −0.005%
Price spread now: BloFin against OKX+0.029%7-day average +0.049% · you sell dearer than you buy
Net, funding: paid 7d − costs−$68as in the Funding arb table
Net, price: spread back to 7d avg − costs−$89as in the Price arb table
costs, in and out, $10k−$870.874% of the position
Funding, last 7 days+0.191%+$19 on $10k
+Price spread, last 3 days (all we have)+0.519%+$52 · spread now +0.029%, 7d avg +0.049%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX H-USDT-SWAP | 0.06877 | 0.0100 | pay 0.0050% / 4h | 1h 32m | $1.7M | $5.8M | 10x |
| Short | BloFin H-USDT | 0.06879 | 0.0092 | get 0.0046% / 4h | 1h 32m | $584K | $115K | 25x |
OKX H-USDT-SWAP
BloFin H-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
- −$1.72
- Price spread: +0.029% → +0.049%
- −$1.95
- Slippage, 4 orders
- −$65.35
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$91.02
- Costs to cover
- 0.874%
- Break-even
- never at this rate
Slippage from OKX: live order book, 5 min ago; BloFin: live order book, 48 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, 5 min ago | 0.73 bp | 24.3 bp −$24 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 48 min ago | 0.71 bp | 25.5 bp −$25 | 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 | −9.117% | $1K | $1 | 5.5x | as long as short |
| BloFin H-USDTshort | +0.0092% | 4h | 0.06879 | +0.029% | $584K | $115K | 25x | |
| Aster HUSDT | +0.0100% | 4h | 0.06876 | −0.019% | $114K | $53K | 5x | as long as short |
| Binance HUSDT | +0.0100% | 4h | 0.06877 | 0.000% | $14.8M | $10.6M | 10x | as long as short |
| Bybit HUSDT | +0.0100% | 4h | 0.06864 | −0.196% | $7.5M | $4.6M | 13x | as long as short |
| OKX H-USDT-SWAPlong | +0.0100% | 4h | 0.06877 | long leg | $1.7M | $5.8M | 10x | |
| Gate H_USDT | +0.0100% | 4h | 0.06864 | −0.189% | $2.8M | $1.9M | 10x | as long as short |
| MEXC H_USDT | +0.0100% | 4h | 0.06873 | −0.058% | $6.2M | $1.1M | 20x | as long as short |
| KuCoin HUSDTM | +0.0100% | 4h | 0.06869 | −0.116% | $1.6M | $10.0M | 8x | as long as short |
| Bitget HUSDT | +0.0100% | 4h | 0.06873 | −0.058% | $1.7M | $456K | 4x | as long as short |
Injective H/USDC PERP
Aster HUSDT
Binance HUSDT
Bybit HUSDT
Gate H_USDT
MEXC H_USDT
KuCoin HUSDTM
Bitget HUSDTShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX H-USDT | +0.0100% | 4h | 0.06875 | −0.029% | — | $2.7M | — | as long as short |
| Variational Omni H | +0.0100% | 4h | 0.06874 | −0.048% | $8K | $10K | — | as long as short |
| GRVT H_USDT_Perp | +0.0100% | 4h | 0.06888 | +0.161% | $1.1M | $450K | 10x | as long as short |
| Extended H-USD | +0.0104% | 1h | 0.06874 | −0.037% | $11K | $107K | 5x | as long as short |
BingX H-USDT
Variational Omni H
GRVT H_USDT_Perp
Extended H-USD