Funding you earn now, next payment 04:00 UTC+0.0009%/8h= +1.0% APRpaid last 24h −0.006%
Price spread now: BloFin against OKX−0.885%73s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.024%−$2 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 0.885% cheaper against OKX than usual: you would sell low and buy high (spread −0.885% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$88 on $10k: about 10 months of funding at the current rate ($0 a day). 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 | OKX ORDER-USDT-SWAP | 0.04070 | 0.0100 | pay 0.0050% / 4h | 3h 39m | $164K | $283K | 20x |
| Short | BloFin ORDER-USDT | 0.04034 | 0.0109 | get 0.0109% / 8h | 7h 39m | $66K | $7K | 16x |
OKX ORDER-USDT-SWAP
BloFin ORDER-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
- $1.99
- Price spread: −0.885% → 0.000%
- −$88.45
- Slippage, 4 orders
- no order book: not counted
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$108.46
- Costs to cover
- 0.220%
- Break-even
- 388.7 days
Slippage unknown: OKX: live order book, 30 min ago; BloFin: no order-book sample. 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 OKX live order book, 30 min ago | 6.25 bp | 77.9 bp −$78 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin no order-book sample | — | — | — | — | — |
BloFin: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
ORDER 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance ORDERUSDT | +0.0100% | 4h | 0.04072 | +0.049% | $1.4M | $1.5M | 50x | as long as short |
| Bybit ORDERUSDT | +0.0100% | 8h | 0.04064 | −0.147% | $1.3M | $591K | 20x | as long as short |
| OKX ORDER-USDT-SWAPlong | +0.0100% | 4h | 0.04070 | long leg | $164K | $283K | 20x | |
| Gate ORDER_USDT | +0.0100% | 4h | 0.04064 | −0.147% | $75K | $71K | 20x | as long as short |
| MEXC ORDER_USDT | +0.0100% | 4h | 0.04072 | +0.049% | $275K | $100K | 20x | as long as short |
| KuCoin ORDERUSDTM | +0.0100% | 4h | 0.04068 | −0.049% | $224K | $82K | 30x | as long as short |
| Bitget ORDERUSDT | +0.0100% | 4h | 0.04072 | +0.049% | $484K | $202K | 20x | as long as short |
| BingX ORDER-USDT | +0.0100% | 4h | 0.04066 | −0.098% | — | $1.3M | — | as long as short |
| Variational Omni ORDER | +0.0100% | 8h | 0.04047 | −0.568% | $10K | $2K | — | as long as short |
| BloFin ORDER-USDTshort | +0.0109% | 8h | 0.04034 | −0.885% | $66K | $7K | 16x |
Binance ORDERUSDT
Bybit ORDERUSDT
Gate ORDER_USDT
MEXC ORDER_USDT
KuCoin ORDERUSDTM
Bitget ORDERUSDT
BingX ORDER-USDT
Variational Omni ORDERShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_ORDER_USDC | +0.0850% | 4h | 0.04075 | +0.123% | $192K | $217K | 10x | as long as short |
Orderly PERP_ORDER_USDC