Funding you earn now, next payment 08:00 UTC−0.0010%/8h= −1.1% APRnext payment −$0.10 per $10,000 · paid last 24h −0.003%
Price spread now: BloFin against OKX−0.086%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.003%$0 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and BloFin is 0.086% cheaper against OKX than usual: you would sell low and buy high (−$9 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX TWLO-USDT-SWAP | 265.96 | 0 | get 0.0000% / 8h | 15m 04s | $100K | $87K | 20x |
| Short | BloFin TWLO-USDT | 265.73 | −0.0010 | pay 0.0010% / 8h | 15m 04s | $52K | $10K | 20x |
Funding 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
- −$2.09
- Price spread: −0.086% → 0.000%
- −$8.65
- Slippage, 4 orders
- no order book: not counted
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$32.74
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: OKX: no order-book sample; BloFin: no order-book sample. Net counts fees only.
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 no order-book sample | — | — | — | — | — |
| Sell BloFin no order-book sample | — | — | — | — | — |
OKX and BloFin: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
TWLO on 5 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin TWLO-USDTshort | −0.0010% | 8h | 265.73 | −0.086% | $52K | $10K | 20x | |
| OKX TWLO-USDT-SWAPlong | 0.0000% | 8h | 265.96 | long leg | $100K | $87K | 20x | |
| Gate TWLO_USDT | 0.0000% | 8h | 266.21 | +0.094% | $75K | $3K | 20x | as long as short |
| Bitget TWLOUSDT | 0.0000% | 8h | 266.20 | +0.090% | $461K | $297K | 20x | as long as short |
| HTX TWLO-USDT | +0.0100% | 8h | 265.22 | −0.278% | $5K | $43K | 10x | as long as short |
OKX TWLO-USDT-SWAP
BloFin TWLO-USDT
Gate TWLO_USDT
Bitget TWLOUSDT
HTX TWLO-USDT