Settings8H · net · $10k
My profile
Funding arb · Price arb / Crypto

PHAROS

All PHAROS markets →
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG
OKXPROS-USDT-SWAP
0.5151+0.0100pay 0.0050% / 4h1h 05m$810K$548K10xLong OKX
SHORT
BloFinPHAROS-USDT
0.5179+0.0113get 0.0057% / 4h1h 05m$255K$10K20xShort BloFin
Price gap+0.544%
Funding gap+0.0013% /8h

Both sides work: funding pays $0 a day on $10k, and the gap is 0.261% above its 7d average: +$26 more if it goes back.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding+$77+0.0013% /8h now · paid +0.770% over the last 7D
Price+$26spread +0.544% now, avg +0.283% → +0.261% if it goes back
Costs−$1921.919% of $10k · taker + slippage, in and out
Result−$89−0.89%no points

Price and funding

1h · history
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now+0.544%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

PHAROS on 10 exchanges

lowest funding first

Before you open

2 ok · 3 to watch
  • Watch: Thin at this size44.6 / 47.8 bp
    At $10k entering BloFin costs 47.8 bp, fee and slippage, 1.1× OKX’s.
  • Note: Margin at max leverage$1,000 + $500
    OKX 10x, BloFin 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • OK: Same payment interval4h / 4h
    Both legs pay at the same time.
    Next 24h at the current rates, on $10k a leg: +$0.40Long OKX: 6 payments, −$3.00; short BloFin: 6 payments, +$3.40.
  • OK: Entry gap works for you+0.544% vs +0.283%
    You short the dearer leg. If the gap goes back to average, the short gains.
  • Watch: Short leg is thinner$255K vs $810K OI
    BloFin sets your exit cost. Check its book before closing.
  • Note: No points program—
    Neither exchange runs points right now.
  • Watch: KYCOKX Yes · BloFin Limited
    Advanced verification before trading, deposits or withdrawals.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned+0.0367%/8h × 21 periods+$77.04
Price spread+0.544% → +0.283% (7d avg)+$26.10
Slippage, 4 orderslive order books−$169.87
Fee OKX bp × 2 orders−$10.00
Fee BloFin bp × 2 orders−$12.00
Net · 7 days · $10k−$88.73
Costs to cover1.919%Break-even15.1 days
Slippage: OKX: live order book, 43 min ago; BloFin: live order book, 39 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGOKX6.7644.6 bp−$457871.2 bp−$78.7Kdoesn’t fitdoesn’t fit
SELL · SHORTBloFin3.8547.8 bp−$48doesn’t fitdoesn’t fitdoesn’t fit

Closing costs about the same again.

Alert