Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.03680 | +0.0058 | pay 0.0029% / 4h | 1h 01m | $120K | $3K | 50x | Long BloFin | |
| SHORT | 0.03678 | +0.0100 | get 0.0050% / 4h | 1h 01m | $585K | $618K | 10x | Short OKX |
Price gap−0.054%110s
Funding gap+0.0042% /8h
Both sides work: funding pays +$1 a day on $10k, and the gap is 0.028% above its 7d average: +$3 more if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$27+0.0042% /8h now · paid −0.273% over the last 7D
Price—spread −0.054%110s now · prices read too far apart to compare
Costs−$1061.059% of $10k · taker + slippage, in and out
Result—no pointsneeds both prices read together
Price and funding
1h · historyEntry / Exit
Price spread
Prices
Fundingper 8h
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now−0.054%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hLUNA on 14 exchanges
lowest funding firstBefore you open
1 ok · 4 to watch- Watch: Thin at this size20.8 / 30.8 bpAt $10k entering OKX costs 30.8 bp, fee and slippage, 1.5× BloFin’s.
- Note: Margin at max leverage$200 + $1,000BloFin 50x, OKX 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- OK: Same payment interval4h / 4hBoth legs pay at the same time.Next 24h at the current rates, on $10k a leg: +$1.27Long BloFin: 6 payments, −$1.73; short OKX: 6 payments, +$3.00.
- Watch: Prices read 110 s apart−0.054% vs −0.083%Part of this gap may be the market moving.
- Watch: Long leg is thinner$120K vs $585K OIBloFin sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCBloFin Limited · OKX YesAdvanced verification before trading, deposits or withdrawals.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0130%/8h × 21 periods−$27.31
Price spreadprices read too far apart to compare—
Slippage, 4 orderslive order books−$83.88
Fee BloFin bp × 2 orders−$12.00
Fee OKX bp × 2 orders−$10.00
Net · 7 days · $10k−$133.18
price spread not counted: prices read too far apartCosts to cover1.059%Break-evennever at this rate
Slippage: BloFin: live order book, 37 min ago; OKX: live order book, 47 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBloFin2.7120.8 bp−$2175.9 bp−$759doesn’t fitdoesn’t fit
SELL · SHORTOKX2.7130.8 bp−$31doesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.