Funding you earn now, next payment 04:00 UTC+0.1092%/8h= +119.6% APRnext payment +$5.46 per $10,000 · paid last 24h +0.214%
Price spread now: BloFin against OKX+0.100%113s7-day average +0.084% · you sell dearer than you buy
Net, funding: paid 7d − costs−$15as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$920.918% of the position
Funding, last 7 days+0.767%+$77 on $10k
+Price spread, last 3 days (all we have)−0.263%−$26 · spread now +0.100%, 7d avg +0.084%
=The price spread sits at its 7-day average of +0.084%, so right now this pair is about funding alone: +$33 a day on $10k at the current rate. The two prices were read 113 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX USELESS-USDT-SWAP | 0.2910 | 0.0100 | pay 0.0050% / 4h | 3h 13m | $10.3M | $68.6M | 10x |
| Short | BloFin USELESS-USDT | 0.2913 | 0.1192 | get 0.0596% / 4h | 3h 13m | $1.2M | $2.1M | 12x |
OKX USELESS-USDT-SWAP
BloFin USELESS-USDTFunding 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
- $229.41
- Price spread: +0.100% → +0.084%
- $1.54
- Slippage, 4 orders
- −$69.82
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $139.13
- Costs to cover
- 0.918%
- Break-even
- 2.8 days
Slippage from OKX: live order book, 5 min ago; BloFin: live order book, 5 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, 5 min ago | 2.44 bp | 18.5 bp −$19 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 5 min ago | 3.49 bp | 26.1 bp −$26 | doesn't fit | doesn't fit | doesn't fit |
USELESS on 24 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 | |
|---|---|---|---|---|---|---|---|---|
| Lighter USELESS | +0.0096% | 1h | 0.2907 | −0.120% | $1.3M | $1.1M | 3x | as long as short |
| Pacifica USELESS | +0.0100% | 1h | 0.2905 | −0.194% | $33K | $69K | 3x | as long as short |
| OKX USELESS-USDT-SWAPlong | +0.0100% | 4h | 0.2910 | long leg | $10.3M | $68.6M | 10x | |
| Polymarket Perps USELESS-USD | +0.0100% | 1h | 0.2906 | −0.141% | $49K | $176K | 3x | as long as short |
| SunX USELESS-USDT | +0.0100% | 4h | 0.2913 | +0.089% | — | $1.4M | 10x | as long as short |
| HTX USELESS-USDT | +0.0100% | 4h | 0.2925 | +0.484% | $19K | $511K | 20x | as long as short |
| Phemex USELESSUSDT | +0.0100% | 4h | 0.2916 | +0.186% | $616K | $1.2M | 20x | as long as short |
| KuCoin USELESSUSDTM | +0.0150% | 4h | 0.2904 | −0.213% | $5.3M | $10.2M | 12x | as long as short |
| Aevo USELESS-PERP | +0.0200% | 1h | 0.2914 | +0.105% | $10K | — | 3x | as long as short |
| ApeX Omni USELESSUSDT | +0.0377% | 1h | 0.2907 | −0.120% | $40K | $699K | 25x | as long as short |
Lighter USELESS
Pacifica USELESS
Polymarket Perps USELESS-USD
SunX USELESS-USDT
HTX USELESS-USDT
Phemex USELESSUSDT
KuCoin USELESSUSDTM
Aevo USELESS-PERP
ApeX Omni USELESSUSDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX USELESSUSDC | +0.0464% | 4h | 0.2908 | −0.091% | $22K | $194K | 10x | as long as short |
| MEXC USELESS_USDT | +0.0502% | 4h | 0.2908 | −0.093% | $11.2M | $6.0M | 50x | as long as short |
| Binance USELESSUSDT | +0.0503% | 4h | 0.2910 | −0.016% | $24.6M | $116.6M | 50x | as long as short |
| Extended USELESS-USD | +0.0504% | 1h | 0.2907 | −0.109% | $308K | $1.2M | 5x | as long as short |
| Bitget USELESSUSDT | +0.0558% | 4h | 0.2909 | −0.038% | $5.6M | $9.6M | 20x | as long as short |
| Gate USELESS_USDT | +0.0618% | 4h | 0.2906 | −0.151% | $7.3M | $8.4M | 50x | as long as short |
| Bybit USELESSUSDT | +0.0839% | 4h | 0.2911 | +0.007% | $28.5M | $46.4M | 13x | as long as short |
| BingX USELESS-USDT | +0.0866% | 4h | 0.2910 | −0.007% | — | $5.1M | — | as long as short |
| Variational Omni USELESS | +0.0969% | 4h | 0.2879 | −1.075% | $1.2M | $1.7M | — | as long as short |
| Aster USELESSUSDT | +0.1110% | 4h | 0.2903 | −0.261% | $668K | $2.3M | 10x | as long as short |
| Hyperliquid USELESS | +0.1138% | 1h | 0.2910 | 0.000% | $14.7M | $21.0M | 3x | as long as short |
| BloFin USELESS-USDTshort | +0.1192% | 4h | 0.2913 | +0.100% | $1.2M | $2.1M | 12x | |
| Orderly PERP_USELESS_USDC | +0.1246% | 4h | 0.2913 | +0.089% | $23K | $1.4M | 10x | as long as short |
| Injective USELESS/USDC PERP | +0.5000% | 1h | 0.3074 | +5.624% | $5K | $9K | 5.5x | as long as short |
edgeX USELESSUSDC
MEXC USELESS_USDT
Binance USELESSUSDT
Extended USELESS-USD
Bitget USELESSUSDT
Gate USELESS_USDT
Bybit USELESSUSDT
BingX USELESS-USDT
Variational Omni USELESS
Aster USELESSUSDT
Hyperliquid USELESS
Orderly PERP_USELESS_USDC
Injective USELESS/USDC PERP