Funding you earn now, next payment 08:00 UTC−0.0730%/8h= −79.9% APRnext payment −$3.65 per $10,000 · paid last 24h +0.008%
Price spread now: OKX against BloFin+0.285%7-day average +0.019% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.262%+$26 on $10k
+Price spread, last 4 days (all we have)−0.582%−$58 · spread now +0.285%, 7d avg +0.019%
=The price spread pays, funding is against you. OKX is 0.266% dearer against BloFin than usual: you sell high and buy low (spread +0.285% now, against its 7-day average of +0.019%): +$27 on $10k if it goes back. Holding the pair costs −$22 a day in funding at the current rate, which eats that in about 29 hours. Mind the row above: over the last 7 days funding on this pair paid +0.262%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.262% in total (about 13.7% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.65 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 | BloFin O-USDT | 0.5620 | 0.1200 | pay 0.0600% / 4h | 3h 55m | $240K | $6K | 20x |
| Short | OKX O-USDT-SWAP | 0.5636 | 0.0470 | get 0.0235% / 4h | 3h 55m | $1.5M | $1.1M | 10x |
BloFin O-USDT
OKX O-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
- −$153.26
- Price spread: +0.285% → +0.019%
- $26.61
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$148.65
- Costs to cover
- 0.220%
- Break-even
- from the start
Slippage unknown: BloFin: live order book, 36 min ago; OKX: live order book, 1 min ago. Net counts fees only.
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, 36 min ago | 1.79 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 1 min ago | 2.66 bp | 36.8 bp −$37 | doesn't fit | doesn't fit | doesn't fit |
O 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster OUSDT | +0.0100% | 4h | 0.5617 | −0.053% | $21K | $51K | 3x | as long as short |
| Gate O_USDT | +0.0100% | 4h | 0.5619 | −0.018% | $1.5M | $532K | 20x | as long as short |
| Bitget OUSDT | +0.0100% | 4h | 0.5624 | +0.071% | $1.6M | $327K | 10x | as long as short |
| Variational Omni O | +0.0100% | 4h | 0.5626 | +0.107% | $3K | $518 | — | as long as short |
| Binance OUSDT | +0.0156% | 4h | 0.5629 | +0.167% | $4.8M | $2.0M | 10x | as long as short |
| KuCoin OUSDTM | +0.0310% | 4h | 0.5631 | +0.196% | $1.3M | $675K | 20x | as long as short |
| MEXC O_USDT | +0.0458% | 4h | 0.5629 | +0.160% | $971K | $168K | 50x | as long as short |
| OKX O-USDT-SWAPshort | +0.0470% | 4h | 0.5636 | +0.285% | $1.5M | $1.1M | 10x | |
| Bybit OUSDT | +0.1182% | 4h | 0.5629 | +0.160% | $720K | $938K | 20x | as long as short |
| BloFin O-USDTlong | +0.1200% | 4h | 0.5620 | long leg | $240K | $6K | 20x |
Aster OUSDT
Gate O_USDT
Bitget OUSDT
Variational Omni O
Binance OUSDT
KuCoin OUSDTM
MEXC O_USDT
Bybit OUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX O-USDT | +0.1298% | 4h | 0.5628 | +0.142% | — | $1.6M | — | as long as short |
BingX O-USDT