Settings8H · net · $10k
Funding arb · Price arb /

O

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0032%/8h= +3.5% APRnext payment +$0.16 per $10,000 · paid last 24h +0.009%
Price spread now: BloFin against OKX−0.072%63s7-day average −0.022% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.266%−$27 on $10k
Price spread, last 4 days (all we have)+0.168%+$17 · spread now −0.072%, 7d avg −0.022%
Together, before fees−0.099%−$10 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.049% cheaper against OKX than usual: you would sell low and buy high (spread −0.072% now, against its 7-day average of −0.022%). If the spread goes back, that is −$5 on $10k: about 5.1 days of funding at the current rate (+$1 a day). Mind the row above: over the last 7 days funding on this pair cost −0.266%, so the current rate has only just turned in your favour. The two prices were read 63 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX O-USDT-SWAP0.55800.0532pay 0.0266% / 4h2h 18m$1.5M$1.1M10x
ShortBloFin O-USDT0.55760.0564get 0.0282% / 4h2h 18m$239K$5K20x

Funding 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$6.73
Price spread: −0.072% → −0.022%
−$4.94
Slippage, 4 orders
no order book: not counted
Fee OKX: 5 bp × 2 orders
−$10
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$20.21
Costs to cover
0.220%
Break-even
28.0 days
Slippage unknown: OKX: live order book, 3 min ago; BloFin: live order book, 63 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy OKX live order book, 3 min ago1.80 bp28.1 bp −$28doesn't fitdoesn't fitdoesn't fit
Sell BloFin live order book, 63 min ago3.54 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit

O on 11 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster OUSDT+0.0100%4h0.5570−0.172%$20K$54K3xas long as short
Binance OUSDT+0.0100%4h0.5583+0.054%$4.7M$2.0M10xas long as short
Gate O_USDT+0.0100%4h0.5572−0.143%$1.5M$569K20xas long as short
Bitget OUSDT+0.0100%4h0.5588+0.143%$1.6M$325K10xas long as short
Variational Omni O+0.0100%4h0.5564−0.286%$3K$518as long as short
KuCoin OUSDTM+0.0280%4h0.5591+0.197%$1.3M$636K20xas long as short
BingX O-USDT+0.0456%4h0.5596+0.287%$1.6Mas long as short
MEXC O_USDT+0.0516%4h0.5588+0.143%$961K$170K50xas long as short
OKX O-USDT-SWAPlong+0.0532%4h0.5580long leg$1.5M$1.1M10x
BloFin O-USDTshort+0.0564%4h0.5576−0.072%$239K$5K20x
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit OUSDT+0.0650%4h0.5584+0.072%$720K$921K20xas long as short