Funding you earn now, next payment 08:00 UTC+0.0027%/8h= +3.0% APRnext payment +$0.14 per $10,000 · paid last 24h −0.002%
Price spread now: BloFin against OKX−0.170%7-day average −0.076% · you buy dearer than you sell
Net, funding: paid 7d − costs−$117as in the Funding arb table
Net, price: spread back to 7d avg − costs−$129as in the Price arb table
costs, in and out, $10k−$1191.193% of the position
Funding, last 7 days+0.027%+$3 on $10k
+Price spread, last 4 days (all we have)+0.057%+$6 · spread now −0.170%, 7d avg −0.076%
=Funding pays, the price is against you. BloFin is 0.095% cheaper against OKX than usual: you would sell low and buy high (spread −0.170% now, against its 7-day average of −0.076%). If the spread goes back, that is −$9 on $10k: about 12 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.027% in total) that is about 25 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX TURBO-USDT-SWAP | 0.001056 | 0.0100 | pay 0.0050% / 4h | 2h 50m | $883K | $2.1M | 20x |
| Short | BloFin TURBO-USDT | 0.001054 | 0.0127 | get 0.0064% / 4h | 2h 50m | $154K | $455K | 75x |
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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $5.68
- Price spread: −0.170% → −0.076%
- −$9.47
- Slippage, 4 orders
- −$97.25
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$123.04
- Costs to cover
- 1.193%
- Break-even
- 158.6 days
Slippage from OKX: live order book, 1 min ago; BloFin: live order book, 40 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, 1 min ago | 3.80 bp | 41.7 bp −$42 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 40 min ago | 2.31 bp | 23.6 bp −$24 | 65.1 bp −$651 | doesn't fit | doesn't fit |
TURBO on 14 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_TURBOUSD | −0.0115% | 1h | 0.001055 | −0.107% | $69K | $30K | 20x | as long as short |
| Injective TURBO/USDC PERP | +0.0033% | 1h | 0.001069 | +1.241% | $83 | $4 | 5.5x | as long as short |
| Hyperliquid TURBO | +0.0100% | 1h | 0.001057 | +0.104% | $316K | $167K | 3x | as long as short |
| Aster TURBOUSDT | +0.0100% | 4h | 0.001056 | +0.025% | $9K | $20K | 10x | as long as short |
| Binance TURBOUSDT | +0.0100% | 4h | 0.001057 | +0.065% | $2.9M | $6.3M | 50x | as long as short |
| Bybit 1000TURBOUSDT | +0.0100% | 4h | 0.001056 | +0.057% | $393K | $759K | 25x | as long as short |
| OKX TURBO-USDT-SWAPlong | +0.0100% | 4h | 0.001056 | long leg | $883K | $2.1M | 20x | |
| Gate TURBO_USDT | +0.0100% | 4h | 0.001056 | −0.009% | $383K | $312K | 25x | as long as short |
| MEXC TURBO_USDT | +0.0100% | 4h | 0.001056 | 0.000% | $5.4M | $596K | 20x | as long as short |
| KuCoin TURBOUSDTM | +0.0100% | 4h | 0.001057 | +0.104% | $1.9M | $830K | 20x | as long as short |
Show all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget TURBOUSDT | +0.0100% | 4h | 0.001056 | +0.009% | $1.0M | $553K | 25x | as long as short |
| BingX TURBO-USDT | +0.0100% | 4h | 0.001056 | −0.028% | — | $7.7M | — | as long as short |
| Extended TURBO-USD | +0.0104% | 1h | 0.001056 | +0.028% | $452 | $229K | 5x | as long as short |
| BloFin TURBO-USDTshort | +0.0127% | 4h | 0.001054 | −0.170% | $154K | $455K | 75x |
OKX TURBO-USDT-SWAP
BloFin TURBO-USDT
Kraken Futures PF_TURBOUSD
Injective TURBO/USDC PERP
Hyperliquid TURBO
Aster TURBOUSDT
Binance TURBOUSDT
Bybit 1000TURBOUSDT
Gate TURBO_USDT
MEXC TURBO_USDT
KuCoin TURBOUSDTM
Bitget TURBOUSDT
BingX TURBO-USDT
Extended TURBO-USD