Funding you earn now, next payment 04:00 UTC+0.0023%/8h= +2.5% APRpaid last 24h 0.000%
Price spread now: BloFin against OKX−0.021%7-day average +0.076% · you buy dearer than you sell
Net, funding: paid 7d − costs−$80as in the Funding arb table
Net, price: spread back to 7d avg − costs−$92as in the Price arb table
costs, in and out, $10k−$820.822% of the position
Funding, last 7 days+0.023%+$2 on $10k
+Price spread, last 4 days (all we have)+0.042%+$4 · spread now −0.021%, 7d avg +0.076%
=Funding pays, the price is against you. BloFin is 0.097% cheaper against OKX than usual: you would sell low and buy high (spread −0.021% now, against its 7-day average of +0.076%). If the spread goes back, that is −$10 on $10k: about 14 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.023% in total) that is about 30 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX MASK-USDT-SWAP | 0.4793 | 0.0100 | pay 0.0100% / 8h | 4h 46m | $505K | $1.0M | 20x |
| Short | BloFin MASK-USDT | 0.4792 | 0.0123 | get 0.0062% / 4h | 46m 48s | $128K | $15K | 50x |
OKX MASK-USDT-SWAP
BloFin MASK-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
- $4.89
- Price spread: −0.021% → +0.076%
- −$9.68
- Slippage, 4 orders
- −$60.23
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$87.02
- Costs to cover
- 0.822%
- Break-even
- 131.6 days
Slippage from OKX: live order book, 5 min ago; BloFin: live order book, 45 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, 5 min ago | 4.17 bp | 21.2 bp −$21 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 45 min ago | 3.11 bp | 18.2 bp −$18 | 65.7 bp −$657 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance MASKUSDT | +0.0100% | 4h | 0.4797 | +0.084% | $2.5M | $4.8M | 50x | as long as short |
| Bybit MASKUSDT | +0.0100% | 4h | 0.4796 | +0.063% | $1.3M | $898K | 50x | as long as short |
| OKX MASK-USDT-SWAPlong | +0.0100% | 8h | 0.4793 | long leg | $505K | $1.0M | 20x | |
| Gate MASK_USDT | +0.0100% | 8h | 0.4796 | +0.063% | $276K | $234K | 50x | as long as short |
| MEXC MASK_USDT | +0.0100% | 8h | 0.4792 | −0.021% | $1.0M | $231K | 50x | as long as short |
| KuCoin MASKUSDTM | +0.0100% | 4h | 0.4804 | +0.230% | $592K | $167K | 50x | as long as short |
| Bitget MASKUSDT | +0.0100% | 4h | 0.4796 | +0.063% | $513K | $336K | 50x | as long as short |
| BingX MASK-USDT | +0.0100% | 4h | 0.4795 | +0.042% | — | $2.3M | — | as long as short |
| Variational Omni MASK | +0.0100% | 4h | 0.4797 | +0.087% | $22K | $21 | — | as long as short |
| BloFin MASK-USDTshort | +0.0123% | 4h | 0.4792 | −0.021% | $128K | $15K | 50x |
Binance MASKUSDT
Bybit MASKUSDT
Gate MASK_USDT
MEXC MASK_USDT
KuCoin MASKUSDTM
Bitget MASKUSDT
BingX MASK-USDT
Variational Omni MASK