Funding you earn now, next payment 04:00 UTC+4.9958%/8h= +5470.4% APRnext payment +$62.45 per $10,000 · paid last 24h +9.701%
Price spread now: BloFin against OKX−18.700%7-day average — · you buy dearer than you sell
Net, funding: paid 7d − costs+$2,045as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,954as in the Price arb table
costs, in and out, $10k−$840.845% of the position
Funding, last 7 days+21.294%+$2,129 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding pays, the price is against you. BloFin is 18.700% cheaper against OKX than usual: you would sell low and buy high (spread −18.700% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$1,870 on $10k: about 30 hours of funding at the current rate (+$1,499 a day). At the pace of the last 7 days (+21.294% in total) that is about 6.1 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 21.294% in total (about 1110.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$62.45 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 | OKX ONE-USDT-SWAP | 0.005101 | −5.0595 | get 0.6324% / 1h | 26m 41s | $6.1M | $238.9M | 10x |
| Short | BloFin ONE-USDT | 0.004147 | −0.0637 | pay 0.0080% / 1h | 26m 41s | $837K | $2.5M | 50x |
OKX ONE-USDT-SWAP
BloFin ONE-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
- $10,491.16
- Price spread: −18.700% → 0.000%
- −$1,869.95
- Slippage, 4 orders
- −$62.5
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $8,536.71
- Costs to cover
- 0.845%
- Break-even
- 1.3 days
Slippage from OKX: live order book, 2 min ago; BloFin: live order book, 6 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, 2 min ago | 1.38 bp | 24.7 bp −$25 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 6 min ago | 0.12 bp | 11.1 bp −$11 | 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-SWAPlong | −5.0595% | 1h | 0.005101 | long leg | $6.1M | $238.9M | 10x | |
| KuCoin ONEUSDTM | −0.3016% | 1h | 0.004348 | −14.765% | $4.2M | $12.4M | 30x | as long as short |
| Aster ONEUSDT | −0.1919% | 1h | 0.004145 | −18.750% | $2.2M | $5.8M | 5x | as long as short |
| Gate ONE_USDT | −0.1121% | 8h | 0.004142 | −18.803% | $1.8M | $15.5M | 20x | as long as short |
| Variational Omni ONE | −0.0673% | 1h | 0.004132 | −19.006% | $102K | $51K | — | as long as short |
| BloFin ONE-USDTshort | −0.0637% | 1h | 0.004147 | −18.700% | $837K | $2.5M | 50x | |
| Bitget ONEUSDT | −0.0632% | 1h | 0.004177 | −18.119% | $1.9M | $32.3M | 20x | as long as short |
| Binance ONEUSDT | −0.0159% | 1h | 0.004135 | −18.946% | $14.4M | $335.3M | 50x | as long as short |
| MEXC ONE_USDT | −0.0152% | 1h | 0.004145 | −18.749% | $11.2M | $15.4M | 20x | as long as short |
| BingX ONE-USDT | −0.0008% | 1h | 0.004172 | −18.221% | — | $5.9M | — | as long as short |
KuCoin ONEUSDTM
Aster ONEUSDT
Gate ONE_USDT
Variational Omni ONE
Bitget ONEUSDT
Binance ONEUSDT
MEXC ONE_USDT
BingX ONE-USDT