Funding you earn now, next payment 08:00 UTC+0.0034%/8h= +3.7% APRnext payment +$0.17 per $10,000 · paid last 24h −0.003%
Price spread now: OKX against BloFin+0.059%53s7-day average +0.001% · you sell dearer than you buy
Net, funding: paid 7d − costs−$89as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$860.858% of the position
Funding, last 7 days−0.028%−$3 on $10k
+Price spread, last 4 days (all we have)+0.130%+$13 · spread now +0.059%, 7d avg +0.001%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and OKX is 0.058% dearer against BloFin than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.001%. The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin LPT-USDT | 1.6920 | 0.0066 | pay 0.0033% / 4h | 1h 06m | $191K | $32K | 50x |
| Short | OKX LPT-USDT-SWAP | 1.6930 | 0.0100 | get 0.0050% / 4h | 1h 06m | $1.4M | $2.5M | 20x |
BloFin LPT-USDT
OKX LPT-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
- $7.13
- Price spread: +0.059% → +0.001%
- $5.84
- Slippage, 4 orders
- −$63.79
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$72.81
- Costs to cover
- 0.858%
- Break-even
- 78.5 days
Slippage from BloFin: live order book, 60 min ago; OKX: 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 BloFin live order book, 60 min ago | 5.90 bp | 17.8 bp −$18 | 55.9 bp −$559 | doesn't fit | doesn't fit |
| Sell OKX live order book, 6 min ago | 2.96 bp | 20.9 bp −$21 | 256.6 bp −$2,566 | doesn't fit | doesn't fit |
LPT on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin LPT-USDTlong | +0.0066% | 4h | 1.6920 | long leg | $191K | $32K | 50x | |
| Aster LPTUSDT | +0.0100% | 4h | 1.6928 | +0.044% | $1K | $17K | 5x | as long as short |
| Binance LPTUSDT | +0.0100% | 4h | 1.6930 | +0.059% | $3.4M | $8.6M | 50x | as long as short |
| Bybit LPTUSDT | +0.0100% | 4h | 1.6928 | +0.047% | $1.5M | $1.8M | 25x | as long as short |
| OKX LPT-USDT-SWAPshort | +0.0100% | 4h | 1.6930 | +0.059% | $1.4M | $2.5M | 20x | |
| Gate LPT_USDT | +0.0100% | 8h | 1.6920 | 0.000% | $214K | $849K | 50x | as long as short |
| MEXC LPT_USDT | +0.0100% | 4h | 1.6930 | +0.059% | $2.0M | $847K | 50x | as long as short |
| KuCoin LPTUSDTM | +0.0100% | 4h | 1.6930 | +0.059% | $306K | $152K | 50x | as long as short |
| Bitget LPTUSDT | +0.0100% | 4h | 1.6930 | +0.059% | $1.3M | $538K | 50x | as long as short |
| BingX LPT-USDT | +0.0100% | 4h | 1.6940 | +0.118% | — | $2.5M | — | as long as short |
Aster LPTUSDT
Binance LPTUSDT
Bybit LPTUSDT
Gate LPT_USDT
MEXC LPT_USDT
KuCoin LPTUSDTM
Bitget LPTUSDT
BingX LPT-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni LPT | +0.0100% | 4h | 1.6909 | −0.063% | $6K | $3K | — | as long as short |
| Kraken Futures PF_LPTUSD | +0.0210% | 1h | 1.6923 | +0.017% | $42K | $93K | 25x | as long as short |
Variational Omni LPT
Kraken Futures PF_LPTUSD