Funding you earn now, next payment 00:00 UTC−0.0108%/8h= −11.8% APRnext payment −$0.54 per $10,000 · paid last 24h +0.038%
Price spread now: BloFin against OKX−0.034%93s7-day average +0.041% · you buy dearer than you sell
Net, funding: paid 7d − costs−$83as 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−$970.968% of the position
Funding, last 7 days+0.139%+$14 on $10k
+Price spread, last 3 days (all we have)+0.278%+$28 · spread now −0.034%, 7d avg +0.041%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and BloFin is 0.075% cheaper against OKX than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of +0.041%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.139%, so the current rate has only just turned against you. The two prices were read 93 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 EDGE-USDT-SWAP | 0.5894 | 0.0593 | pay 0.0296% / 4h | 1h 05m | $3.6M | $5.8M | 20x |
| Short | BloFin EDGE-USDT | 0.5892 | 0.0485 | get 0.0242% / 4h | 1h 05m | $635K | $126K | 50x |
OKX EDGE-USDT-SWAP
BloFin EDGE-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
- −$22.6
- Price spread: −0.034% → +0.041%
- −$7.51
- Slippage, 4 orders
- −$74.78
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$126.89
- Costs to cover
- 0.968%
- Break-even
- never at this rate
Slippage from OKX: live order book, 2 min ago; BloFin: live order book, 11 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, 2 min ago | 2.55 bp | 23.0 bp −$23 | 137.5 bp −$1,375 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 11 min ago | 5.97 bp | 24.2 bp −$24 | 88.4 bp −$884 | doesn't fit | doesn't fit |
EDGE on 17 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 | |
|---|---|---|---|---|---|---|---|---|
| Lighter EDGE | +0.0096% | 1h | 0.5871 | −0.394% | $55K | $8K | 3x | as long as short |
| Bybit EDGEUSDT | +0.0100% | 4h | 0.5879 | −0.254% | $7.0M | $3.3M | 25x | as long as short |
| Bitget EDGEUSDT | +0.0100% | 4h | 0.5886 | −0.136% | $4.7M | $996K | 20x | as long as short |
| Backpack EDGE_USDC_PERP | +0.0100% | 1h | 0.5888 | −0.100% | $60K | $100K | 3.3x | as long as short |
| Variational Omni EDGE | +0.0100% | 4h | 0.5864 | −0.505% | $191K | $130K | — | as long as short |
| GRVT EDGE_USDT_Perp | +0.0100% | 4h | 0.5873 | −0.353% | $12K | $1.8M | 10x | as long as short |
| ApeX Omni EDGEUSDT | +0.0100% | 1h | 0.5886 | −0.136% | $8K | $294K | 50x | as long as short |
| SunX EDGE-USDT | +0.0100% | 4h | 0.5845 | −0.831% | $3K | $610K | 10x | as long as short |
| KuCoin EDGEUSDTM | +0.0226% | 4h | 0.5887 | −0.119% | $2.1M | $2.3M | 50x | as long as short |
| BloFin EDGE-USDTshort | +0.0485% | 4h | 0.5892 | −0.034% | $635K | $126K | 50x |
Lighter EDGE
Bybit EDGEUSDT
Bitget EDGEUSDT
Backpack EDGE_USDC_PERP
Variational Omni EDGE
GRVT EDGE_USDT_Perp
ApeX Omni EDGEUSDT
SunX EDGE-USDT
KuCoin EDGEUSDTMShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended EDGE-USD | +0.0496% | 1h | 0.5889 | −0.088% | $27K | $230K | 5x | as long as short |
| MEXC EDGE_USDT | +0.0498% | 4h | 0.5891 | −0.051% | $1.2M | $921K | 50x | as long as short |
| Binance EDGEUSDT | +0.0499% | 4h | 0.5891 | −0.046% | $10.0M | $10.1M | 50x | as long as short |
| Aster EDGEUSDT | +0.0518% | 4h | 0.5878 | −0.278% | $68K | $136K | 5x | as long as short |
| edgeX EDGEUSDC | +0.0569% | 4h | 0.5887 | −0.111% | $14.1M | $3.4M | 30x | as long as short |
| Orderly PERP_EDGE_USDC | +0.0587% | 4h | 0.5889 | −0.085% | $3K | — | 10x | as long as short |
| OKX EDGE-USDT-SWAPlong | +0.0593% | 4h | 0.5894 | long leg | $3.6M | $5.8M | 20x |
Extended EDGE-USD
MEXC EDGE_USDT
Binance EDGEUSDT
Aster EDGEUSDT
edgeX EDGEUSDC
Orderly PERP_EDGE_USDC