SPACE

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0034%/8h= −3.8% APRnext payment −$0.17 per $10,000 · paid last 24h +0.003%

Price spread now: BloFin against OKX+0.255%7-day average +0.220% · you sell dearer than you buy

Net, funding: paid 7d − costs−$139as in the Funding arb table

Net, price: spread back to 7d avg − costs−$138as in the Price arb table

costs, in and out, $10k−$1411.412% of the position

Long on OKX Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.022%+$2 on $10k

Price spread, last 3 days (all we have)−0.087%−$9 · spread now +0.255%, 7d avg +0.220%

Together, before fees−0.065%−$6 on $10k · with fees, hour by hour

The price spread pays, funding is against you. BloFin is 0.035% dearer against OKX than usual: you sell high and buy low (spread +0.255% now, against its 7-day average of +0.220%): +$4 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 3.4 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX SPACE-USDT-SWAP	0.005095	0.0100	pay 0.0050% / 4h	2m 57s	$1.5M	$1.2M	20x
Short	BloFin SPACE-USDT	0.005108	0.0066	get 0.0033% / 4h	2m 57s	$158K	$8K	50x

Funding 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 it

latest

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

Profit calculator

Position, each leg$Hold fordaysFee OKXbpFee BloFinbpOrdersPrice spread, now +0.255%Rate

Funding earned: −$7.2
Price spread: +0.255% → +0.220%: $3.51
Slippage, 4 orders: −$119.23
Fee OKX: 5 bp × 2 orders: −$10
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$144.92
Costs to cover: 1.412%
Break-even: never at this rate

Slippage from OKX: live order book, 4 min ago; BloFin: live order book, 59 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, 4 min ago	1.96 bp	51.5 bp −$51	doesn't fit	doesn't fit	doesn't fit
Sell BloFin live order book, 59 min ago	2.97 bp	22.6 bp −$23	94.6 bp −$946	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
BloFin SPACE-USDTshort	+0.0066%	4h	0.005108	+0.255%	$158K	$8K	50x
Binance SPACEUSDT	+0.0100%	4h	0.005109	+0.275%	$1.9M	$2.0M	50x	as long as short
Bybit SPACEUSDT	+0.0100%	4h	0.005097	+0.039%	$784K	$165K	13x	as long as short
OKX SPACE-USDT-SWAPlong	+0.0100%	4h	0.005095	long leg	$1.5M	$1.2M	20x
MEXC SPACE_USDT	+0.0100%	4h	0.005109	+0.275%	$371K	$154K	20x	as long as short
KuCoin SPACEUSDTM	+0.0100%	4h	0.005094	−0.020%	$643K	$104K	20x	as long as short
Bitget SPACEUSDT	+0.0100%	4h	0.005097	+0.039%	$888K	$239K	20x	as long as short
Gate SPACE_USDT	+0.0216%	4h	0.005093	−0.039%	$768K	$429K	20x	as long as short
Aster SPACEUSDT	+0.0892%	4h	0.005101	+0.118%	$15K	$30K	5x	as long as short