Settings8H · net · $10k
Funding arb · Price arb /

SENT

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0054%/8h= −6.0% APRnext payment $0.27 per $10,000 · paid last 24h +0.003%
Price spread now: OKX against BloFin−0.207%7-day average −0.102% · you buy dearer than you sell
Net, funding: paid 7d − costs−$135as in the Funding arb table
Net, price: spread back to 7d avg − costs−$131as in the Price arb table
costs, in and out, $10k−$1201.203% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.144%−$14 on $10k
Price spread, last 4 days (all we have)−0.017%−$2 · spread now −0.207%, 7d avg −0.102%
Together, before fees−0.162%−$16 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and OKX is 0.104% cheaper against BloFin than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of −0.102%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin SENT-USDT0.019370.0154pay 0.0077% / 4h42m 27s$285K$18K75x
ShortOKX SENT-USDT-SWAP0.019330.0100get 0.0050% / 4h42m 27s$1.2M$890K50x

Funding 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$11.44
Price spread: −0.207% → −0.102%
−$10.44
Slippage, 4 orders
−$98.25
Fee BloFin: 6 bp × 2 orders
−$12
Fee OKX: 5 bp × 2 orders
−$10
Net
−$142.13
Costs to cover
1.203%
Break-even
never at this rate
Slippage from BloFin: live order book, 37 min ago; OKX: live order book, 4 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BloFin live order book, 37 min ago5.10 bp27.1 bp −$2767.9 bp −$679290.2 bp −$29.0Kdoesn't fit
Sell OKX live order book, 4 min ago2.59 bp33.1 bp −$33632.4 bp −$6,324doesn't fitdoesn't fit

SENT on 11 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster SENTUSDT+0.0100%4h0.01933−0.181%$10K$7K5xas long as short
Binance SENTUSDT+0.0100%4h0.01933−0.193%$6.3M$3.4M75xas long as short
Bybit SENTUSDT+0.0100%4h0.01932−0.232%$1.9M$1.0M50xas long as short
OKX SENT-USDT-SWAPshort+0.0100%4h0.01933−0.207%$1.2M$890K50x
Gate SENT_USDT+0.0100%4h0.01932−0.258%$272K$70K50xas long as short
MEXC SENT_USDT+0.0100%4h0.01932−0.258%$483K$265K20xas long as short
KuCoin SENTUSDTM+0.0100%4h0.01933−0.207%$582K$144K50xas long as short
Bitget SENTUSDT+0.0100%4h0.01933−0.207%$1.1M$365K20xas long as short
BingX SENT-USDT+0.0100%4h0.01933−0.207%$1.7Mas long as short
SunX SENT-USDT+0.0100%4h0.01934−0.155%$3K$1.3M20xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin SENT-USDTlong+0.0154%4h0.01937long leg$285K$18K75x