Funding you earn now, next payment 03:00 UTC−2.2917%/8h= −2509.4% APRnext payment −$28.65 per $10,000 · paid last 24h −9.996%
Price spread now: OKX against BloFin+17.250%73s7-day average — · you sell dearer than you buy
Net, funding: paid 7d − costs−$2,201as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1081.085% of the position
Funding, last 7 days−20.927%−$2,093 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. OKX is 17.250% dearer against BloFin than usual: you sell high and buy low (spread +17.250% now, against zero (this spread has no 7-day history yet)): +$1,725 on $10k if it goes back. Holding the pair costs −$687 a day in funding at the current rate, which eats that in about 2.5 days. At the pace of the last 7 days (−20.927% in total) that is about 5.8 days. The two prices were read 73 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin ONE-USDT | 0.004445 | −0.1420 | get 0.0177% / 1h | 14m 07s | $861K | $2.7M | 50x |
| Short | OKX ONE-USDT-SWAP | 0.005211 | −2.4336 | pay 0.3042% / 1h | 14m 07s | $6.2M | $254.5M | 10x |
BloFin ONE-USDT
OKX ONE-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
- −$4,812.47
- Price spread: +17.250% → 0.000%
- $1,725.01
- Slippage, 4 orders
- −$86.47
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$3,195.92
- Costs to cover
- 1.085%
- Break-even
- from the start
Slippage from BloFin: live order book, 4 min ago; OKX: live order book, 5 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, 4 min ago | 2.36 bp | 19.5 bp −$19 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 5 min ago | 3.24 bp | 55.7 bp −$56 | doesn't fit | doesn't fit | doesn't fit |
ONE 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 | |
|---|---|---|---|---|---|---|---|---|
| OKX ONE-USDT-SWAPshort | −2.4336% | 1h | 0.005211 | +17.250% | $6.2M | $254.5M | 10x | |
| Variational Omni ONE | −0.2313% | 1h | 0.004450 | +0.127% | $108K | $50K | — | as long as short |
| Gate ONE_USDT | −0.1698% | 8h | 0.004396 | −1.093% | $1.7M | $15.8M | 20x | as long as short |
| Aster ONEUSDT | −0.1692% | 1h | 0.004406 | −0.877% | $2.3M | $5.7M | 5x | as long as short |
| BloFin ONE-USDTlong | −0.1420% | 1h | 0.004445 | long leg | $861K | $2.7M | 50x | |
| Bitget ONEUSDT | −0.1336% | 1h | 0.004457 | +0.277% | $2.0M | $33.6M | 20x | as long as short |
| Binance ONEUSDT | −0.0460% | 1h | 0.004406 | −0.870% | $15.1M | $342.2M | 50x | as long as short |
| MEXC ONE_USDT | −0.0456% | 1h | 0.004420 | −0.551% | $12.0M | $16.3M | 20x | as long as short |
| BingX ONE-USDT | −0.0040% | 1h | 0.004411 | −0.747% | — | $6.2M | — | as long as short |
| KuCoin ONEUSDTM | +0.3496% | 1h | 0.004612 | +3.766% | $4.4M | $12.8M | 30x | as long as short |
Variational Omni ONE
Gate ONE_USDT
Aster ONEUSDT
Bitget ONEUSDT
Binance ONEUSDT
MEXC ONE_USDT
BingX ONE-USDT
KuCoin ONEUSDTM