ATH

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0075%/8h= −8.2% APRnext payment −$0.37 per $10,000 · paid last 24h +0.003%

Price spread now: OKX against BloFin−0.072%7-day average −0.192% · you buy dearer than you sell

Net, funding: paid 7d − costs−$141as in the Funding arb table

Net, price: spread back to 7d avg − costs−$125as in the Price arb table

costs, in and out, $10k−$1371.372% of the position

Long on BloFin Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.035%−$3 on $10k

Price spread, last 3 days (all we have)+0.072%+$7 · spread now −0.072%, 7d avg −0.192%

Together, before fees+0.037%+$4 on $10k · with fees, hour by hour

The price spread pays, funding is against you. OKX is 0.120% dearer against BloFin than usual: you sell high and buy low (spread −0.072% now, against its 7-day average of −0.192%): +$12 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 5.3 days. At the pace of the last 7 days (−0.035% in total) that is about 24 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin ATH-USDT	0.005576	0.0151	pay 0.0075% / 4h	1h 46m	$174K	$62K	75x
Short	OKX ATH-USDT-SWAP	0.005572	0.0076	get 0.0038% / 4h	1h 46m	$712K	$1.3M	20x

Funding 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 it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BloFinbpFee OKXbpOrdersPrice spread, now −0.072%Rate

Funding earned: −$15.74
Price spread: −0.072% → −0.192%: $11.98
Slippage, 4 orders: −$115.21
Fee BloFin: 6 bp × 2 orders: −$12
Fee OKX: 5 bp × 2 orders: −$10
Net: −$140.96
Costs to cover: 1.372%
Break-even: never at this rate

Slippage from BloFin: live order book, 28 min ago; OKX: live order book, 5 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, 28 min ago	2.67 bp	34.6 bp −$35	71.7 bp −$717	doesn't fit	doesn't fit
Sell OKX live order book, 5 min ago	3.59 bp	42.2 bp −$42	doesn't fit	doesn't fit	doesn't fit

ATH on 13 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
Kraken Futures PF_ATHUSD	−0.4640%	1h	0.005562	−0.249%	$19K	$106K	10x	as long as short
Variational Omni ATH	−0.0024%	4h	0.005582	+0.099%	$188K	$93K	—	as long as short
dYdX ATH-USD	−0.0021%	1h	0.005584	+0.152%	$11K	$16	5x	as long as short
OKX ATH-USDT-SWAPshort	+0.0076%	4h	0.005572	−0.072%	$712K	$1.3M	20x
Aster ATHUSDT	+0.0100%	4h	0.005583	+0.122%	$6K	$35K	5x	as long as short
Binance ATHUSDT	+0.0100%	4h	0.005582	+0.102%	$3.4M	$4.0M	50x	as long as short
Bybit ATHUSDT	+0.0100%	4h	0.005569	−0.126%	$4.5M	$2.3M	25x	as long as short
Gate ATH_USDT	+0.0100%	4h	0.005571	−0.090%	$795K	$516K	30x	as long as short
MEXC ATH_USDT	+0.0100%	4h	0.005581	+0.090%	$8.9M	$648K	50x	as long as short
KuCoin ATHUSDTM	+0.0100%	4h	0.005581	+0.090%	$572K	$82K	30x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget ATHUSDT	+0.0100%	4h	0.005577	+0.018%	$1.6M	$798K	25x	as long as short
BingX ATH-USDT	+0.0100%	4h	0.005576	0.000%	—	$22.0M	—	as long as short
BloFin ATH-USDTlong	+0.0151%	4h	0.005576	long leg	$174K	$62K	75x