Funding you earn now, next payment 08:00 UTC+0.0025%/8h= +2.8% APRpaid last 24h −0.002%
Price spread now: OKX against BloFin0.000%7-day average −0.076% · you sell dearer than you buy
Net, funding: paid 7d − costs−$83as in the Funding arb table
Net, price: spread back to 7d avg − costs−$72as in the Price arb table
costs, in and out, $10k−$800.799% of the position
Funding, last 7 days−0.028%−$3 on $10k
+Price spread, last 4 days (all we have)−0.036%−$4 · spread now 0.000%, 7d avg −0.076%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and OKX is 0.076% dearer against BloFin than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of −0.076%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin MASK-USDT | 0.4800 | 0.0075 | pay 0.0037% / 4h | 3h 00m | $126K | $15K | 50x |
| Short | OKX MASK-USDT-SWAP | 0.4800 | 0.0100 | get 0.0100% / 8h | 3h 00m | $507K | $942K | 20x |
Funding 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
- $5.31
- Price spread: 0.000% → −0.076%
- $7.62
- Slippage, 4 orders
- −$57.93
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$67
- Costs to cover
- 0.799%
- Break-even
- 95.4 days
Slippage from BloFin: live order book, 11 min ago; OKX: live order book, 46 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, 11 min ago | 6.22 bp | 15.6 bp −$16 | 47.8 bp −$478 | doesn't fit | doesn't fit |
| Sell OKX live order book, 46 min ago | 5.17 bp | 21.0 bp −$21 | doesn't fit | doesn't fit | doesn't fit |
MASK on 10 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 MASK-USDTlong | +0.0075% | 4h | 0.4800 | long leg | $126K | $15K | 50x | |
| Binance MASKUSDT | +0.0100% | 4h | 0.4802 | +0.047% | $2.5M | $4.5M | 50x | as long as short |
| Bybit MASKUSDT | +0.0100% | 4h | 0.4798 | −0.042% | $1.3M | $871K | 50x | as long as short |
| OKX MASK-USDT-SWAPshort | +0.0100% | 8h | 0.4800 | 0.000% | $507K | $942K | 20x | |
| Gate MASK_USDT | +0.0100% | 8h | 0.4801 | +0.021% | $278K | $224K | 50x | as long as short |
| MEXC MASK_USDT | +0.0100% | 8h | 0.4801 | +0.021% | $1.1M | $240K | 50x | as long as short |
| KuCoin MASKUSDTM | +0.0100% | 4h | 0.4807 | +0.146% | $591K | $160K | 50x | as long as short |
| Bitget MASKUSDT | +0.0100% | 4h | 0.4805 | +0.104% | $514K | $351K | 50x | as long as short |
| BingX MASK-USDT | +0.0100% | 4h | 0.4801 | +0.021% | — | $2.3M | — | as long as short |
| Variational Omni MASK | +0.0100% | 4h | 0.4799 | −0.017% | $22K | $31 | — | as long as short |
BloFin MASK-USDT
OKX MASK-USDT-SWAP
Binance MASKUSDT
Bybit MASKUSDT
Gate MASK_USDT
MEXC MASK_USDT
KuCoin MASKUSDTM
Bitget MASKUSDT
BingX MASK-USDT
Variational Omni MASK