Funding you earn now, next payment 04:00 UTC−0.0055%/8h= −6.0% APRnext payment −$0.28 per $10,000 · paid last 24h −0.006%
Price spread now: OKX against BloFin−0.078%7-day average −0.221% · you buy dearer than you sell
Net, funding: paid 7d − costs−$173as in the Funding arb table
Net, price: spread back to 7d avg − costs−$157as in the Price arb table
costs, in and out, $10k−$1711.710% of the position
Funding, last 7 days−0.022%−$2 on $10k
+Price spread, last 3 days (all we have)−0.077%−$8 · spread now −0.078%, 7d avg −0.221%
=The price spread pays, funding is against you. OKX is 0.143% dearer against BloFin than usual: you sell high and buy low (spread −0.078% now, against its 7-day average of −0.221%): +$14 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 8.6 days. At the pace of the last 7 days (−0.022% in total) that is about 45 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin SPACE-USDT | 0.005126 | 0.0155 | pay 0.0078% / 4h | 2h 50m | $161K | $9K | 50x |
| Short | OKX SPACE-USDT-SWAP | 0.005122 | 0.0100 | get 0.0050% / 4h | 2h 50m | $1.5M | $1.2M | 20x |
BloFin SPACE-USDT
OKX SPACE-USDT-SWAPFunding 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$11.6
- Price spread: −0.078% → −0.221%
- $14.3
- Slippage, 4 orders
- −$148.99
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$168.29
- Costs to cover
- 1.710%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 66 min ago; OKX: live order book, 1 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 BloFin live order book, 66 min ago | 0.98 bp | 29.0 bp −$29 | 146.2 bp −$1,462 | doesn't fit | doesn't fit |
| Sell OKX live order book, 1 min ago | 4.89 bp | 54.8 bp −$55 | doesn't fit | doesn't fit | doesn't fit |
SPACE on 9 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 SPACEUSDT | +0.0100% | 4h | 0.005132 | +0.117% | $1.9M | $2.1M | 50x | as long as short |
| OKX SPACE-USDT-SWAPshort | +0.0100% | 4h | 0.005122 | −0.078% | $1.5M | $1.2M | 20x | |
| MEXC SPACE_USDT | +0.0100% | 4h | 0.005133 | +0.137% | $399K | $150K | 20x | as long as short |
| KuCoin SPACEUSDTM | +0.0100% | 4h | 0.005117 | −0.176% | $648K | $107K | 20x | as long as short |
| Bitget SPACEUSDT | +0.0100% | 4h | 0.005125 | −0.020% | $895K | $243K | 20x | as long as short |
| Bybit SPACEUSDT | +0.0105% | 4h | 0.005123 | −0.059% | $791K | $175K | 13x | as long as short |
| Gate SPACE_USDT | +0.0122% | 4h | 0.005123 | −0.059% | $773K | $391K | 20x | as long as short |
| BloFin SPACE-USDTlong | +0.0155% | 4h | 0.005126 | long leg | $161K | $9K | 50x | |
| Aster SPACEUSDT | +0.0984% | 4h | 0.005131 | +0.107% | $16K | $32K | 5x | as long as short |
Binance SPACEUSDT
MEXC SPACE_USDT
KuCoin SPACEUSDTM
Bitget SPACEUSDT
Bybit SPACEUSDT
Gate SPACE_USDT
Aster SPACEUSDT