Funding you earn now, next payment 12:00 UTC−0.0036%/8h= −3.9% APRnext payment −$0.18 per $10,000 · paid last 24h −0.005%
Price spread now: BloFin against OKX+0.157%7-day average +0.042% · you sell dearer than you buy
Net, funding: paid 7d − costs−$142as in the Funding arb table
Net, price: spread back to 7d avg − costs−$130as in the Price arb table
costs, in and out, $10k−$1421.419% of the position
Funding, last 7 days−0.002%$0 on $10k
+Price spread, last 4 days (all we have)−0.157%−$16 · spread now +0.157%, 7d avg +0.042%
=The price spread pays, funding is against you. BloFin is 0.115% dearer against OKX than usual: you sell high and buy low (spread +0.157% now, against its 7-day average of +0.042%): +$11 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 11 days. At the pace of the last 7 days (−0.002% in total) that is about 16 months.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX PARTI-USDT-SWAP | 0.02554 | 0.0100 | pay 0.0050% / 4h | 2h 21m | $460K | $701K | 10x |
| Short | BloFin PARTI-USDT | 0.02558 | 0.0064 | get 0.0032% / 4h | 2h 21m | $162K | $23K | 25x |
OKX PARTI-USDT-SWAP
BloFin PARTI-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
- −$7.49
- Price spread: +0.157% → +0.042%
- $11.48
- Slippage, 4 orders
- −$119.9
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$137.9
- Costs to cover
- 1.419%
- Break-even
- never at this rate
Slippage from OKX: live order book, 27 min ago; BloFin: live order book, 23 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, 27 min ago | 5.90 bp | 46.8 bp −$47 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 23 min ago | 9.80 bp | 27.3 bp −$27 | 79.9 bp −$799 | doesn't fit | doesn't fit |
PARTI on 12 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin PARTI-USDTshort | +0.0064% | 4h | 0.02558 | +0.157% | $162K | $23K | 25x | |
| Aster PARTIUSDT | +0.0100% | 4h | 0.02558 | +0.157% | $12K | $23K | 5x | as long as short |
| Binance PARTIUSDT | +0.0100% | 4h | 0.02559 | +0.187% | $3.4M | $3.7M | 25x | as long as short |
| Bybit PARTIUSDT | +0.0100% | 4h | 0.02557 | +0.117% | $1.0M | $475K | 25x | as long as short |
| OKX PARTI-USDT-SWAPlong | +0.0100% | 4h | 0.02554 | long leg | $460K | $701K | 10x | |
| Gate PARTI_USDT | +0.0100% | 4h | 0.02554 | 0.000% | $179K | $64K | 25x | as long as short |
| MEXC PARTI_USDT | +0.0100% | 4h | 0.02559 | +0.196% | $712K | $192K | 20x | as long as short |
| KuCoin PARTIUSDTM | +0.0100% | 4h | 0.02558 | +0.157% | $245K | $57K | 25x | as long as short |
| Bitget PARTIUSDT | +0.0100% | 4h | 0.02557 | +0.117% | $644K | $436K | 20x | as long as short |
| BingX PARTI-USDT | +0.0100% | 4h | 0.02556 | +0.078% | — | $6.6M | — | as long as short |
Aster PARTIUSDT
Binance PARTIUSDT
Bybit PARTIUSDT
Gate PARTI_USDT
MEXC PARTI_USDT
KuCoin PARTIUSDTM
Bitget PARTIUSDT
BingX PARTI-USDTShow all 12 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni PARTI | +0.0100% | 4h | 0.02553 | −0.040% | $7K | $201 | — | as long as short |
| Extended PARTI-USD | +0.0104% | 1h | 0.02558 | +0.156% | $1K | $175K | 5x | as long as short |
Variational Omni PARTI
Extended PARTI-USD