Funding you earn now, next payment 04:00 UTC−0.0029%/8h= −3.2% APRnext payment −$0.15 per $10,000 · paid last 24h −0.007%
Price spread now: BloFin against OKX−0.620%893s7-day average +0.040% · you buy dearer than you sell
Net, funding: paid 7d − costs−$118as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1191.189% of the position
Funding, last 7 days+0.011%+$1 on $10k
+Price spread, last 3 days (all we have)+0.655%+$65 · spread now −0.620%, 7d avg +0.040%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BloFin is 0.660% cheaper against OKX than usual: you would sell low and buy high (−$66 if the spread goes back to its 7-day average of +0.040%). Swap the legs. The two prices were read 893 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 | OKX BABY-USDT-SWAP | 0.01242 | 0.0100 | pay 0.0050% / 4h | 2h 34m | $369K | $550K | 10x |
| Short | BloFin BABY-USDT | 0.01234 | 0.0071 | get 0.0035% / 4h | 2h 34m | $253K | $25K | 50x |
OKX BABY-USDT-SWAP
BloFin BABY-USDTFunding 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
- −$6.11
- Price spread: −0.620% → +0.040%
- −$65.98
- Slippage, 4 orders
- −$96.91
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$191
- Costs to cover
- 1.189%
- Break-even
- never at this rate
Slippage from OKX: live order book, 32 min ago; BloFin: live order book, 27 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 OKX live order book, 32 min ago | 2.42 bp | 30.8 bp −$31 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 27 min ago | 12.14 bp | 32.4 bp −$32 | 92.4 bp −$924 | doesn't fit | doesn't fit |
BABY on 12 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 BABY-USDTshort | +0.0071% | 4h | 0.01234 | −0.620% | $253K | $25K | 50x | |
| Hyperliquid BABY | +0.0100% | 1h | 0.01243 | +0.137% | $125K | $93K | 3x | as long as short |
| Aster BABYUSDT | +0.0100% | 4h | 0.01245 | +0.262% | $6K | $9K | 5x | as long as short |
| Binance BABYUSDT | +0.0100% | 4h | 0.01243 | +0.098% | $3.3M | $4.1M | 50x | as long as short |
| Bybit BABYUSDT | +0.0100% | 4h | 0.01242 | +0.056% | $813K | $728K | 25x | as long as short |
| OKX BABY-USDT-SWAPlong | +0.0100% | 4h | 0.01242 | long leg | $369K | $550K | 10x | |
| Gate BABY_USDT | +0.0100% | 4h | 0.01243 | +0.105% | $143K | $102K | 50x | as long as short |
| MEXC BABY_USDT | +0.0100% | 4h | 0.01241 | −0.056% | $1.2M | $136K | 20x | as long as short |
| KuCoin BABYUSDTM | +0.0100% | 4h | 0.01241 | −0.056% | $450K | $57K | 30x | as long as short |
| Bitget BABYUSDT | +0.0100% | 4h | 0.01242 | +0.024% | $526K | $170K | 50x | as long as short |
Hyperliquid BABY
Aster BABYUSDT
Binance BABYUSDT
Bybit BABYUSDT
Gate BABY_USDT
MEXC BABY_USDT
KuCoin BABYUSDTM
Bitget BABYUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX BABY-USDT | +0.0100% | 4h | 0.01244 | +0.185% | — | $6.5M | — | as long as short |
| Extended BABY-USD | +0.0104% | 1h | 0.01243 | +0.078% | $1K | $219K | 5x | as long as short |
BingX BABY-USDT
Extended BABY-USD