Funding you earn now, next payment 08:00 UTC+0.0045%/8h= +5.0% APRnext payment +$0.45 per $10,000 · paid last 24h −0.062%
Price spread now: OKX against BloFin−0.036%7-day average −0.007% · you buy dearer than you sell
Net, funding: paid 7d − costs−$87as in the Funding arb table
Net, price: spread back to 7d avg − costs−$62as in the Price arb table
costs, in and out, $10k−$590.590% of the position
Funding, last 7 days−0.284%−$28 on $10k
+Price spread, last 3 days (all we have)−0.052%−$5 · spread now −0.036%, 7d avg −0.007%
=Funding pays, the price is against you. OKX is 0.030% cheaper against BloFin than usual: you would sell low and buy high (spread −0.036% now, against its 7-day average of −0.007%). If the spread goes back, that is −$3 on $10k: about 2.2 days of funding at the current rate (+$1 a day). Mind the row above: over the last 7 days funding on this pair cost −0.284%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin BE-USDT | 274.86 | 0.0211 | pay 0.0211% / 8h | 7h 54m | $45K | $142K | 20x |
| Short | OKX BE-USDT-SWAP | 274.76 | 0.0256 | get 0.0256% / 8h | 7h 54m | $2.6M | $6.9M | 25x |
BloFin BE-USDT
OKX BE-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
- $9.52
- Price spread: −0.036% → −0.007%
- −$2.95
- Slippage, 4 orders
- −$36.96
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$52.4
- Costs to cover
- 0.590%
- Break-even
- 45.5 days
Slippage from BloFin: live order book, 2 min ago; OKX: live order book, 4 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, 2 min ago | 2.18 bp | 10.8 bp −$11 | 21.9 bp −$219 | doesn't fit | doesn't fit |
| Sell OKX live order book, 4 min ago | 3.45 bp | 16.1 bp −$16 | 69.3 bp −$693 | doesn't fit | doesn't fit |
BE on 21 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 BEUSDT | 0.0000% | 8h | 274.49 | −0.135% | $345K | $119K | 20x | as long as short |
| Gate BE_USDT | 0.0000% | 8h | 274.40 | −0.167% | $1.5M | $3.4M | 50x | as long as short |
| Bitget BEUSDT | 0.0000% | 8h | 274.50 | −0.131% | $1.7M | $2.6M | 20x | as long as short |
| SunX BE-USDT | 0.0000% | 8h | 275.30 | +0.160% | $1K | $2.5M | 10x | as long as short |
| HTX BE-USDT | 0.0000% | 8h | 275.05 | +0.069% | $13K | $33K | 20x | as long as short |
| Lighter BE | +0.0032% | 1h | 274.51 | −0.127% | — | — | 10x | as long as short |
| Lighter RH BE | +0.0032% | 1h | 274.61 | −0.091% | $250K | $298K | 10x | as long as short |
| QFEX BE-USD | +0.0037% | 1h | 274.62 | −0.087% | $1.3M | $3.8M | 10x | as long as short |
| Arcus BE-USD | +0.0040% | 1h | 274.46 | −0.146% | $115K | $116K | 10x | as long as short |
| Vest BE-USD-PERP | +0.0046% | 1h | 274.70 | −0.058% | — | — | 10x | as long as short |
Aster BEUSDT
Gate BE_USDT
Bitget BEUSDT
SunX BE-USDT
HTX BE-USDT
Lighter BE
Lighter RH BE
QFEX BE-USD
Arcus BE-USD
Vest BE-USD-PERPShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended BE-USD | +0.0088% | 1h | 274.63 | −0.084% | $46K | $266K | 10x | as long as short |
| Binance BEUSDT | +0.0094% | 8h | 274.76 | −0.036% | $8.5M | $36.6M | 25x | as long as short |
| KuCoin BEUSDTM | +0.0100% | 8h | 274.57 | −0.106% | $371K | $22K | 20x | as long as short |
| Aevo BE-PERP | +0.0104% | 1h | 274.24 | −0.226% | — | — | 10x | as long as short |
| Coinbase International BE-PERP-INTX | +0.0128% | 1h | 273.32 | −0.560% | $467K | $116K | 10x | as long as short |
| Bybit BEUSDT | +0.0164% | 8h | 274.61 | −0.091% | $2.0M | $1.2M | 25x | as long as short |
| BloFin BE-USDTlong | +0.0211% | 8h | 274.86 | long leg | $45K | $142K | 20x | |
| OKX BE-USDT-SWAPshort | +0.0256% | 8h | 274.76 | −0.036% | $2.6M | $6.9M | 25x | |
| Deribit BE_USDC-PERPETUAL | +0.0443% | 1h | 274.50 | −0.131% | $7K | $4K | 10x | as long as short |
| GRVT BE_USDT_Perp | +0.0488% | 8h | 274.84 | −0.008% | $6K | $182K | 10x | as long as short |
| tradeXYZ xyz:BE | +0.0852% | 1h | 274.56 | −0.109% | $5.9M | $2.9M | 10x | as long as short |
Extended BE-USD
Binance BEUSDT
KuCoin BEUSDTM
Aevo BE-PERP
Coinbase International BE-PERP-INTX
Bybit BEUSDT
Deribit BE_USDC-PERPETUAL
GRVT BE_USDT_Perp
tradeXYZ xyz:BE