Funding you earn now, next payment 08:00 UTC−0.0028%/8h= −3.1% APRnext payment −$0.28 per $10,000 · paid last 24h 0.000%
Price spread now: BloFin against OKX+0.625%83s7-day average −0.053% · you sell dearer than you buy
Net, funding: paid 7d − costs−$87as 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−$900.905% of the position
Funding, last 7 days+0.037%+$4 on $10k
+Price spread, last 4 days (all we have)−0.487%−$49 · spread now +0.625%, 7d avg −0.053%
=The price spread pays, funding is against you. BloFin is 0.677% dearer against OKX than usual: you sell high and buy low (spread +0.625% now, against its 7-day average of −0.053%): +$68 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 3 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 | OKX DYDX-USDT-SWAP | 0.1376 | 0.0100 | pay 0.0100% / 8h | 3h 45m | $2.1M | $3.3M | 20x |
| Short | BloFin DYDX-USDT | 0.1385 | 0.0072 | get 0.0072% / 8h | 3h 45m | $299K | $12K | 75x |
OKX DYDX-USDT-SWAP
BloFin DYDX-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
- −$5.9
- Price spread: +0.625% → −0.053%
- $67.75
- Slippage, 4 orders
- −$68.46
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$28.61
- Costs to cover
- 0.905%
- Break-even
- never at this rate
Slippage from OKX: live order book, 1 min ago; BloFin: live order book, 36 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, 1 min ago | 1.45 bp | 23.2 bp −$23 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 36 min ago | 10.90 bp | 16.9 bp −$17 | 44.1 bp −$441 | 251.2 bp −$25.1K | doesn't fit |
DYDX on 21 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 DYDX-USDTshort | +0.0072% | 8h | 0.1385 | +0.625% | $299K | $12K | 75x | |
| Lighter DYDX | +0.0096% | 1h | 0.1377 | +0.073% | $61K | $48K | 5x | as long as short |
| Hyperliquid DYDX | +0.0100% | 1h | 0.1379 | +0.211% | $2.1M | $724K | 5x | as long as short |
| Aster DYDXUSDT | +0.0100% | 8h | 0.1378 | +0.115% | $6K | $12K | 5x | as long as short |
| Binance DYDXUSDT | +0.0100% | 8h | 0.1377 | +0.044% | $5.3M | $8.4M | 75x | as long as short |
| Bybit DYDXUSDT | +0.0100% | 8h | 0.1374 | −0.167% | $4.6M | $2.5M | 75x | as long as short |
| OKX DYDX-USDT-SWAPlong | +0.0100% | 8h | 0.1376 | long leg | $2.1M | $3.3M | 20x | |
| Gate DYDX_USDT | +0.0100% | 8h | 0.1376 | −0.029% | $392K | $451K | 75x | as long as short |
| MEXC DYDX_USDT | +0.0100% | 8h | 0.1377 | +0.044% | $3.0M | $798K | 125x | as long as short |
| KuCoin DYDXUSDTM | +0.0100% | 8h | 0.1377 | +0.044% | $2.3M | $3.7M | 50x | as long as short |
Lighter DYDX
Hyperliquid DYDX
Aster DYDXUSDT
Binance DYDXUSDT
Bybit DYDXUSDT
Gate DYDX_USDT
MEXC DYDX_USDT
KuCoin DYDXUSDTMShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget DYDXUSDT | +0.0100% | 8h | 0.1377 | +0.044% | $1.4M | $1.1M | 10x | as long as short |
| BingX DYDX-USDT | +0.0100% | 8h | 0.1376 | −0.029% | — | $3.0M | — | as long as short |
| Extended DYDX-USD | +0.0104% | 1h | 0.1376 | −0.010% | $5K | $115K | 10x | as long as short |
| Aevo DYDX-PERP | +0.0104% | 1h | 0.1377 | +0.064% | $50K | — | 3x | as long as short |
| Injective DYDX/USDC PERP | +0.0178% | 1h | 0.1383 | +0.480% | $6K | $52K | 12x | as long as short |
| GMX DYDX/USD [WBTC.b-USDC] | L +0.0187% / S −0.0526% | 1h | 0.1376 | −0.039% | $933 | — | 100x | as long as short |
| Arcus DYDX-USD | +0.0248% | 1h | 0.1384 | +0.552% | $54K | $20K | 5x | as long as short |
| Deribit DYDX_USDC-PERPETUAL | +0.0477% | 1h | 0.1377 | +0.044% | — | — | 25x | as long as short |
| Kraken Futures PF_DYDXUSD | +0.0653% | 1h | 0.1378 | +0.144% | $312K | $359K | 20x | as long as short |
| Coinbase International DYDX-PERP-INTX | +0.0840% | 1h | 0.1376 | −0.029% | $17K | $37K | 50x | as long as short |
| dYdX DYDX-USD | +0.2745% | 1h | 0.1382 | +0.403% | $79K | $2K | 5x | as long as short |
Bitget DYDXUSDT
BingX DYDX-USDT
Extended DYDX-USD
Aevo DYDX-PERP
Injective DYDX/USDC PERP
GMX DYDX/USD [WBTC.b-USDC]
Arcus DYDX-USD
Deribit DYDX_USDC-PERPETUAL
Kraken Futures PF_DYDXUSD
Coinbase International DYDX-PERP-INTX
dYdX DYDX-USD