Funding you earn now, next payment 04:00 UTC−0.0032%/8h= −3.5% APRnext payment −$0.16 per $10,000 · paid last 24h 0.000%
Price spread now: OKX against BloFin−0.080%7-day average +0.064% · you buy dearer than you sell
Net, funding: paid 7d − costs−$97as in the Funding arb table
Net, price: spread back to 7d avg − costs−$112as in the Price arb table
costs, in and out, $10k−$970.972% of the position
Funding, last 7 days−0.001%$0 on $10k
+Price spread, last 4 days (all we have)−0.182%−$18 · spread now −0.080%, 7d avg +0.064%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and OKX is 0.145% cheaper against BloFin than usual: you would sell low and buy high (−$14 if the spread goes back to its 7-day average of +0.064%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin VANA-USDT | 1.1185 | 0.0132 | pay 0.0066% / 4h | 24m 53s | $99K | $8K | 50x |
| Short | OKX VANA-USDT-SWAP | 1.1176 | 0.0100 | get 0.0050% / 4h | 24m 53s | $173K | $398K | 20x |
BloFin VANA-USDT
OKX VANA-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
- −$6.71
- Price spread: −0.080% → +0.064%
- −$14.46
- Slippage, 4 orders
- −$75.25
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$118.42
- Costs to cover
- 0.972%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 32 min ago; OKX: live order book, 31 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, 32 min ago | 1.79 bp | 13.2 bp −$13 | 38.5 bp −$385 | doesn't fit | doesn't fit |
| Sell OKX live order book, 31 min ago | 4.47 bp | 32.8 bp −$33 | doesn't fit | doesn't fit | doesn't fit |
VANA on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster VANAUSDT | +0.0100% | 4h | 1.1175 | −0.090% | $5K | $38K | 5x | as long as short |
| Binance VANAUSDT | +0.0100% | 4h | 1.1166 | −0.170% | $2.1M | $3.1M | 50x | as long as short |
| Bybit VANAUSDT | +0.0100% | 4h | 1.1167 | −0.161% | $1.2M | $862K | 25x | as long as short |
| OKX VANA-USDT-SWAPshort | +0.0100% | 4h | 1.1176 | −0.080% | $173K | $398K | 20x | |
| Gate VANA_USDT | +0.0100% | 4h | 1.1160 | −0.224% | $128K | $294K | 50x | as long as short |
| MEXC VANA_USDT | +0.0100% | 4h | 1.1160 | −0.224% | $225K | $110K | 20x | as long as short |
| KuCoin VANAUSDTM | +0.0100% | 4h | 1.1170 | −0.134% | $261K | $34K | 30x | as long as short |
| Bitget VANAUSDT | +0.0100% | 4h | 1.1170 | −0.134% | $445K | $296K | 50x | as long as short |
| BingX VANA-USDT | +0.0100% | 4h | 1.1164 | −0.188% | — | $6.5M | — | as long as short |
| BloFin VANA-USDTlong | +0.0132% | 4h | 1.1185 | long leg | $99K | $8K | 50x |
Aster VANAUSDT
Binance VANAUSDT
Bybit VANAUSDT
Gate VANA_USDT
MEXC VANA_USDT
KuCoin VANAUSDTM
Bitget VANAUSDT
BingX VANA-USDT