Funding you earn now, next payment 08:00 UTC+0.1978%/8h= +216.6% APRpaid last 24h −0.093%
Price spread now: OKX against BloFin+0.056%7-day average −0.080% · you sell dearer than you buy
Net, funding: paid 7d − costs−$89as in the Funding arb table
Net, price: spread back to 7d avg − costs−$110as in the Price arb table
costs, in and out, $10k−$1241.238% of the position
Funding, last 7 days+0.343%+$34 on $10k
+Price spread, last 4 days (all we have)−0.071%−$7 · spread now +0.056%, 7d avg −0.080%
=Both sides work for this trade now. Funding pays +$59 a day on $10k at the current rate, and OKX is 0.135% dearer against BloFin than usual: you sell high and buy low: +$14 more if the spread goes back to its 7-day average of −0.080%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.343% in total (about 17.9% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin CSOPSKHYNIX2L-USDT | 5.4050 | −0.1978 | get 0.0989% / 4h | 50m 54s | — | $196K | 20x |
| Short | OKX CSOPSKHYNIX2L-USDT-SWAP | 5.4080 | 0 | get 0.0000% / 8h | 50m 54s | $142K | $310K | 10x |
BloFin CSOPSKHYNIX2L-USDT
OKX CSOPSKHYNIX2L-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
- $415.43
- Price spread: +0.056% → −0.080%
- $13.53
- Slippage, 4 orders
- −$101.81
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- $305.15
- Costs to cover
- 1.238%
- Break-even
- 1.9 days
Slippage from BloFin: live order book, 20 min ago; OKX: live order book, 49 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, 20 min ago | 3.68 bp | 14.2 bp −$14 | 36.6 bp −$366 | 149.4 bp −$14.9K | doesn't fit |
| Sell OKX live order book, 49 min ago | 7.31 bp | 67.1 bp −$67 | doesn't fit | doesn't fit | doesn't fit |
CSOPSKHYNIX2L on 7 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance CSOPSKHYNIX2LUSDT | −0.2021% | 4h | 5.4090 | +0.074% | $1.2M | $6.8M | 20x | as long as short |
| MEXC CSOPSKHYNIX2L_USDT | −0.2016% | 4h | 5.4110 | +0.111% | $103K | $96K | 10x | as long as short |
| BloFin CSOPSKHYNIX2L-USDTlong | −0.1978% | 4h | 5.4050 | long leg | — | $196K | 20x | |
| Bybit CSOPSKHYNIX2LUSDT | −0.0155% | 8h | 5.4010 | −0.074% | $94K | $131K | 20x | as long as short |
| OKX CSOPSKHYNIX2L-USDT-SWAPshort | 0.0000% | 8h | 5.4080 | +0.056% | $142K | $310K | 10x | |
| Gate CSOPSKHYNIX2L_USDT | 0.0000% | 4h | 5.3940 | −0.204% | $100K | $54K | 20x | as long as short |
| HTX CSOPSKHYNIX2L-USDT | 0.0000% | 4h | 5.4080 | +0.056% | $20K | $343K | 10x | as long as short |
Binance CSOPSKHYNIX2LUSDT
MEXC CSOPSKHYNIX2L_USDT
Bybit CSOPSKHYNIX2LUSDT
Gate CSOPSKHYNIX2L_USDT
HTX CSOPSKHYNIX2L-USDT