Settings8H · net · $10k
Funding arb · Price arb /

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0403%/8h= +44.1% APRnext payment +$2.01 per $10,000 · paid last 24h +0.056%
Price spread now: OKX against BloFin+0.418%7-day average +0.051% · you sell dearer than you buy
Net, funding: paid 7d − costs−$97as in the Funding arb table
Net, price: spread back to 7d avg − costs−$64as in the Price arb table
costs, in and out, $10k−$1011.006% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.031%+$3 on $10k
Price spread, last 4 days (all we have)−0.200%−$20 · spread now +0.418%, 7d avg +0.051%
Together, before fees−0.169%−$17 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and OKX is 0.367% dearer against BloFin than usual: you sell high and buy low: +$37 more if the spread goes back to its 7-day average of +0.051%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.031% in total (about 1.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.01 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin HOME-USDT0.0066980.0054pay 0.0027% / 4h2h 51m$293K$30K50x
ShortOKX HOME-USDT-SWAP0.0067260.0457get 0.0228% / 4h2h 51m$1.8M$5.5M20x

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

Funding earned
$84.58
Price spread: +0.418% → +0.051%
$36.68
Slippage, 4 orders
−$78.58
Fee BloFin: 6 bp × 2 orders
−$12
Fee OKX: 5 bp × 2 orders
−$10
Net
$20.67
Costs to cover
1.006%
Break-even
5.3 days
Slippage from BloFin: live order book, 38 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
LegHalf-spread$10k$100k$1M$5M
Buy BloFin live order book, 38 min ago2.89 bp30.5 bp −$3195.1 bp −$951doesn't fitdoesn't fit
Sell OKX live order book, 1 min ago3.72 bp27.1 bp −$27doesn't fitdoesn't fitdoesn't fit

HOME on 11 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin HOME-USDTlong+0.0054%4h0.006698long leg$293K$30K50x
BingX HOME-USDT+0.0070%4h0.006714+0.239%$6.6Mas long as short
Aster HOMEUSDT+0.0100%4h0.006706+0.126%$49K$39K5xas long as short
Binance HOMEUSDT+0.0100%4h0.006714+0.239%$4.6M$11.2M50xas long as short
Bybit HOMEUSDT+0.0100%4h0.006714+0.239%$3.2M$3.9M25xas long as short
Gate HOME_USDT+0.0100%4h0.006710+0.179%$439K$1.6M75xas long as short
KuCoin HOMEUSDTM+0.0100%4h0.006711+0.194%$2.8M$138K30xas long as short
Bitget HOMEUSDT+0.0100%4h0.006706+0.119%$1.2M$1.3M20xas long as short
Variational Omni HOME+0.0100%4h0.006701+0.050%$7K$2Kas long as short
MEXC HOME_USDT+0.0254%4h0.006712+0.209%$386K$154K20xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX HOME-USDT-SWAPshort+0.0457%4h0.006726+0.418%$1.8M$5.5M20x