Funding you earn now, next payment 08:00 UTC+0.0020%/8h= +2.2% APRnext payment +$0.20 per $10,000 · paid last 24h +0.025%
Price spread now: OKX against BloFin−0.076%83s7-day average +0.014% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$340.335% of the position
Funding, last 5 days (all we have)+0.007%+$1 on $10k
+Price spread, last 4 days (all we have)+0.038%+$4 · spread now −0.076%, 7d avg +0.014%
=Funding pays, the price is against you. OKX is 0.090% cheaper against BloFin than usual: you would sell low and buy high (spread −0.076% now, against its 7-day average of +0.014%). If the spread goes back, that is −$9 on $10k: about 15 days of funding at the current rate (+$1 a day). At the pace of the last 5 days (+0.007% in total) that is about 2 months. The two prices were read 83 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 | BloFin TQQQ-USDT | 78.860 | −0.0020 | get 0.0020% / 8h | 55m 43s | $149K | $33K | 20x |
| Short | OKX TQQQ-USDT-SWAP | 78.800 | 0 | get 0.0000% / 8h | 55m 43s | $2.2M | $6.1M | 10x |
BloFin TQQQ-USDT
OKX TQQQ-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
- $4.22
- Price spread: −0.076% → +0.014%
- −$8.99
- Slippage, 4 orders
- −$11.51
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$38.27
- Costs to cover
- 0.335%
- Break-even
- 70.4 days
Slippage from BloFin: live order book, 14 min ago; OKX: live order book, 2 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, 14 min ago | 1.90 bp | 9.1 bp −$9 | 11.9 bp −$119 | 40.1 bp −$4,009 | doesn't fit |
| Sell OKX live order book, 2 min ago | 0.63 bp | 9.9 bp −$10 | 31.5 bp −$315 | doesn't fit | doesn't fit |
TQQQ on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin TQQQUSDTM | −0.0093% | 8h | 78.820 | −0.051% | $179K | $501K | 10x | as long as short |
| Bitget TQQQUSDT | −0.0051% | 8h | 78.830 | −0.038% | $7.6M | $2.9M | 20x | as long as short |
| BloFin TQQQ-USDTlong | −0.0020% | 8h | 78.860 | long leg | $149K | $33K | 20x | |
| Aster TQQQUSDT | 0.0000% | 8h | 78.839 | −0.027% | $70K | $146K | 20x | as long as short |
| Binance TQQQUSDT | 0.0000% | 8h | 78.822 | −0.049% | $18.1M | $49.3M | 20x | as long as short |
| Bybit TQQQUSDT | 0.0000% | 8h | 78.830 | −0.038% | $2.5M | $7.0M | 25x | as long as short |
| OKX TQQQ-USDT-SWAPshort | 0.0000% | 8h | 78.800 | −0.076% | $2.2M | $6.1M | 10x | |
| MEXC TQQQ_USDT | 0.0000% | 8h | 78.830 | −0.038% | $1.6M | $244K | 20x | as long as short |
| GRVT TQQQ_USDT_Perp | 0.0000% | 8h | 78.893 | +0.042% | $2K | $108K | 10x | as long as short |
| HTX TQQQ-USDT | 0.0000% | 8h | 78.910 | +0.063% | $14K | $16K | 10x | as long as short |
KuCoin TQQQUSDTM
Bitget TQQQUSDT
Aster TQQQUSDT
Binance TQQQUSDT
Bybit TQQQUSDT
MEXC TQQQ_USDT
GRVT TQQQ_USDT_Perp
HTX TQQQ-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_TQQQ_USDC_mythos | +0.0100% | 8h | 78.830 | −0.038% | $5 | — | 10x | as long as short |
Orderly PERP_TQQQ_USDC_mythos