Funding you earn now, next payment 08:00 UTC+0.0503%/8h= +55.1% APRnext payment +$2.51 per $10,000 · paid last 24h +0.093%
Price spread now: BloFin against OKX+0.045%7-day average −0.034% · you sell dearer than you buy
Net, funding: paid 7d − costs−$48as in the Funding arb table
Net, price: spread back to 7d avg − costs−$53as in the Price arb table
costs, in and out, $10k−$610.610% of the position
Funding, last 7 days+0.128%+$13 on $10k
+Price spread, last 4 days (all we have)−0.135%−$14 · spread now +0.045%, 7d avg −0.034%
=Both sides work for this trade now. Funding pays +$15 a day on $10k at the current rate, and BloFin is 0.078% dearer against OKX than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of −0.034%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.128% in total (about 6.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.51 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX IOST-USDT-SWAP | 0.0008966 | −0.1741 | get 0.0871% / 4h | 1h 07m | $1.5M | $4.1M | 10x |
| Short | BloFin IOST-USDT | 0.0008970 | −0.1239 | pay 0.0619% / 4h | 1h 07m | $297K | $2.0M | 50x |
OKX IOST-USDT-SWAP
BloFin IOST-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
- $105.61
- Price spread: +0.045% → −0.034%
- $7.83
- Slippage, 4 orders
- −$38.97
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $52.46
- Costs to cover
- 0.610%
- Break-even
- 3.5 days
Slippage from OKX: live order book, just now; BloFin: live order book, 6 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, just now | 0.56 bp | 20.4 bp −$20 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 6 min ago | 4.46 bp | 13.0 bp −$13 | 31.0 bp −$310 | doesn't fit | doesn't fit |
IOST on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| OKX IOST-USDT-SWAPlong | −0.1741% | 4h | 0.0008966 | long leg | $1.5M | $4.1M | 10x | |
| Bybit IOSTUSDT | −0.1468% | 8h | 0.0008976 | +0.112% | $1.9M | $2.0M | 25x | as long as short |
| Variational Omni IOST | −0.1286% | 8h | 0.0008967 | +0.009% | $10K | $5K | — | as long as short |
| Binance IOSTUSDT | −0.1253% | 4h | 0.0008971 | +0.054% | $5.8M | $16.5M | 50x | as long as short |
| MEXC IOST_USDT | −0.1252% | 4h | 0.0008970 | +0.045% | $1.9M | $480K | 50x | as long as short |
| BloFin IOST-USDTshort | −0.1239% | 4h | 0.0008970 | +0.045% | $297K | $2.0M | 50x | |
| Bitget IOSTUSDT | −0.0984% | 4h | 0.0008973 | +0.078% | $673K | $2.3M | 25x | as long as short |
| Gate IOST_USDT | −0.0556% | 4h | 0.0008960 | −0.067% | $689K | $550K | 25x | as long as short |
| BingX IOST-USDT | −0.0438% | 4h | 0.0008968 | +0.022% | — | $2.4M | — | as long as short |
Bybit IOSTUSDT
Variational Omni IOST
Binance IOSTUSDT
MEXC IOST_USDT
Bitget IOSTUSDT
Gate IOST_USDT
BingX IOST-USDT