Funding you earn now, next payment 00:00 UTC+0.0266%/8h= +29.2% APRnext payment +$1.33 per $10,000 · paid last 24h −0.151%
Price spread now: BloFin against OKX+0.081%7-day average −0.018% · you sell dearer than you buy
Net, funding: paid 7d − costs−$77as in the Funding arb table
Net, price: spread back to 7d avg − costs−$64as in the Price arb table
costs, in and out, $10k−$740.738% of the position
Funding, last 7 days−0.029%−$3 on $10k
+Price spread, last 3 days (all we have)+0.168%+$17 · spread now +0.081%, 7d avg −0.018%
=Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and BloFin is 0.099% dearer against OKX than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of −0.018%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.029% in total (about -1.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.33 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 LA-USDT-SWAP | 0.07421 | −0.0190 | get 0.0095% / 4h | 2h 31m | $1.3M | $2.8M | 20x |
| Short | BloFin LA-USDT | 0.07427 | 0.0077 | get 0.0038% / 4h | 2h 31m | $251K | $19K | 25x |
OKX LA-USDT-SWAP
BloFin LA-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
- $55.93
- Price spread: +0.081% → −0.018%
- $9.89
- Slippage, 4 orders
- −$51.78
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$7.96
- Costs to cover
- 0.738%
- Break-even
- 8.0 days
Slippage from OKX: live order book, 1 min ago; BloFin: live order book, 52 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, 1 min ago | 2.02 bp | 18.9 bp −$19 | 333.1 bp −$3,331 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 52 min ago | 0.68 bp | 20.7 bp −$21 | 39.9 bp −$399 | doesn't fit | doesn't fit |
LA on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate LA_USDT | −0.0634% | 4h | 0.07416 | −0.067% | $245K | $793K | 50x | as long as short |
| KuCoin LAUSDTM | −0.0224% | 4h | 0.07420 | −0.013% | $1.0M | $58K | 30x | as long as short |
| BingX LA-USDT | −0.0202% | 4h | 0.07420 | −0.013% | — | $6.6M | — | as long as short |
| OKX LA-USDT-SWAPlong | −0.0190% | 4h | 0.07421 | long leg | $1.3M | $2.8M | 20x | |
| Bitget LAUSDT | −0.0146% | 4h | 0.07415 | −0.081% | $2.0M | $521K | 25x | as long as short |
| Aster LAUSDT | 0.0000% | 4h | 0.07415 | −0.074% | $52K | $8K | 5x | as long as short |
| MEXC LA_USDT | +0.0010% | 4h | 0.07419 | −0.027% | $399K | $138K | 50x | as long as short |
| Binance LAUSDT | +0.0018% | 4h | 0.07419 | −0.028% | $4.7M | $8.3M | 25x | as long as short |
| BloFin LA-USDTshort | +0.0077% | 4h | 0.07427 | +0.081% | $251K | $19K | 25x | |
| Bybit LAUSDT | +0.0100% | 4h | 0.07424 | +0.040% | $2.4M | $2.3M | 25x | as long as short |
Gate LA_USDT
KuCoin LAUSDTM
BingX LA-USDT
Bitget LAUSDT
Aster LAUSDT
MEXC LA_USDT
Binance LAUSDT
Bybit LAUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT LA_USDT_Perp | +0.0100% | 4h | 0.07422 | +0.007% | $143K | $470K | 10x | as long as short |
GRVT LA_USDT_Perp