Funding you earn now, next payment 00:00 UTC+0.0032%/8h= +3.5% APRnext payment +$0.16 per $10,000 · paid last 24h −0.003%
Price spread now: BloFin against OKX+0.050%63s7-day average +0.078% · you sell dearer than you buy
Net, funding: paid 7d − costs−$84as 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−$890.887% of the position
Funding, last 7 days+0.045%+$5 on $10k
+Price spread, last 3 days (all we have)+0.189%+$19 · spread now +0.050%, 7d avg +0.078%
=Funding pays, the price is against you. BloFin is 0.027% cheaper against OKX than usual: you would sell low and buy high (spread +0.050% now, against its 7-day average of +0.078%). If the spread goes back, that is −$3 on $10k: about 2.9 days of funding at the current rate (+$1 a day). The two prices were read 63 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 BLUR-USDT-SWAP | 0.01989 | 0.0100 | pay 0.0050% / 4h | 1h 46m | $952K | $1.6M | 20x |
| Short | BloFin BLUR-USDT | 0.01990 | 0.0132 | get 0.0066% / 4h | 1h 46m | $351K | $2K | 50x |
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
- $6.72
- Price spread: +0.050% → +0.078%
- −$2.75
- Slippage, 4 orders
- −$66.72
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$84.75
- Costs to cover
- 0.887%
- Break-even
- 95.3 days
Slippage from OKX: live order book, 6 min ago; BloFin: live order book, 34 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, 6 min ago | 2.52 bp | 18.9 bp −$19 | 522.3 bp −$5,223 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 34 min ago | 2.51 bp | 21.4 bp −$21 | 71.2 bp −$712 | doesn't fit | doesn't fit |
BLUR on 15 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_BLURUSD | −0.1289% | 1h | 0.01991 | +0.080% | $12K | $5K | 10x | as long as short |
| dYdX BLUR-USD | +0.0062% | 1h | 0.01984 | −0.251% | $26K | — | 5x | as long as short |
| Hyperliquid BLUR | +0.0100% | 1h | 0.01986 | −0.161% | $1.3M | $404K | 3x | as long as short |
| Aster BLURUSDT | +0.0100% | 4h | 0.01987 | −0.076% | $4K | $2K | 5x | as long as short |
| Binance BLURUSDT | +0.0100% | 4h | 0.01989 | −0.023% | $2.0M | $3.4M | 50x | as long as short |
| Bybit BLURUSDT | +0.0100% | 8h | 0.01990 | +0.035% | $1.3M | $970K | 25x | as long as short |
| OKX BLUR-USDT-SWAPlong | +0.0100% | 4h | 0.01989 | long leg | $952K | $1.6M | 20x | |
| Gate BLUR_USDT | +0.0100% | 4h | 0.01989 | 0.000% | $793K | $247K | 50x | as long as short |
| MEXC BLUR_USDT | +0.0100% | 4h | 0.01988 | −0.050% | $1.1M | $116K | 20x | as long as short |
| KuCoin BLURUSDTM | +0.0100% | 4h | 0.01990 | +0.050% | $583K | $97K | 30x | as long as short |
Show all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget BLURUSDT | +0.0100% | 4h | 0.01989 | 0.000% | $822K | $423K | 50x | as long as short |
| BingX BLUR-USDT | +0.0100% | 4h | 0.01989 | 0.000% | — | $13.2M | — | as long as short |
| Variational Omni BLUR | +0.0100% | 8h | 0.01983 | −0.295% | $1K | $849 | — | as long as short |
| BloFin BLUR-USDTshort | +0.0132% | 4h | 0.01990 | +0.050% | $351K | $2K | 50x | |
| Injective BLUR/USDC PERP | +0.0799% | 1h | 0.01998 | +0.452% | $1K | $212 | 5.5x | as long as short |
OKX BLUR-USDT-SWAP
BloFin BLUR-USDT
Kraken Futures PF_BLURUSD
Hyperliquid BLUR
Aster BLURUSDT
Binance BLURUSDT
Bybit BLURUSDT
Gate BLUR_USDT
MEXC BLUR_USDT
KuCoin BLURUSDTM
Bitget BLURUSDT
BingX BLUR-USDT
Variational Omni BLUR
Injective BLUR/USDC PERP