Funding you earn now, next payment 12:00 UTC+0.0053%/8h= +5.8% APRnext payment +$0.27 per $10,000 · paid last 24h +0.080%
Price spread now: OKX against BloFin−0.320%7-day average −0.062% · you buy dearer than you sell
Net, funding: paid 7d − costs−$127as in the Funding arb table
Net, price: spread back to 7d avg − costs−$180as in the Price arb table
costs, in and out, $10k−$1551.546% of the position
Funding, last 7 days+0.280%+$28 on $10k
+Price spread, last 4 days (all we have)+0.484%+$48 · spread now −0.320%, 7d avg −0.062%
=Funding pays, the price is against you. OKX is 0.258% cheaper against BloFin than usual: you would sell low and buy high (spread −0.320% now, against its 7-day average of −0.062%). If the spread goes back, that is −$26 on $10k: about 16 days of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.280% in total) that is about 6.5 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin JELLYJELLY-USDT | 0.05621 | 0.0047 | pay 0.0023% / 4h | 1h 48m | $272K | $23K | 20x |
| Short | OKX JELLYJELLY-USDT-SWAP | 0.05603 | 0.0100 | get 0.0050% / 4h | 1h 48m | $1.3M | $425K | 10x |
BloFin JELLYJELLY-USDT
OKX JELLYJELLY-USDT-SWAPFunding 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
- $11.22
- Price spread: −0.320% → −0.062%
- −$25.83
- Slippage, 4 orders
- −$132.59
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$169.2
- Costs to cover
- 1.546%
- Break-even
- 112.6 days
Slippage from BloFin: live order book, 58 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, 58 min ago | 3.56 bp | 35.8 bp −$36 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 1 min ago | 7.13 bp | 45.4 bp −$45 | doesn't fit | doesn't fit | doesn't fit |
JELLYJELLY on 9 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin JELLYJELLY-USDTlong | +0.0047% | 4h | 0.05621 | long leg | $272K | $23K | 20x | |
| Aster JELLYJELLYUSDT | +0.0100% | 4h | 0.05607 | −0.251% | $36K | $12K | 5x | as long as short |
| Bybit JELLYJELLYUSDT | +0.0100% | 4h | 0.05599 | −0.384% | $2.4M | $974K | 20x | as long as short |
| OKX JELLYJELLY-USDT-SWAPshort | +0.0100% | 4h | 0.05603 | −0.320% | $1.3M | $425K | 10x | |
| Gate JELLYJELLY_USDT | +0.0100% | 4h | 0.05605 | −0.285% | $2.4M | $122K | 20x | as long as short |
| Binance JELLYJELLYUSDT | +0.0129% | 4h | 0.05613 | −0.142% | $4.4M | $1.6M | 25x | as long as short |
| Extended JELLYJELLY-USD | +0.0136% | 1h | 0.05604 | −0.303% | $3K | $234K | 5x | as long as short |
| MEXC JELLYJELLY_USDT | +0.0136% | 4h | 0.05610 | −0.196% | $423K | $136K | 20x | as long as short |
| KuCoin JELLYJELLYUSDTM | +0.0562% | 4h | 0.05612 | −0.157% | $8.1M | $1.2M | 20x | as long as short |
Aster JELLYJELLYUSDT
Bybit JELLYJELLYUSDT
Gate JELLYJELLY_USDT
Binance JELLYJELLYUSDT
Extended JELLYJELLY-USD
MEXC JELLYJELLY_USDT
KuCoin JELLYJELLYUSDTM