Funding you earn now, next payment 05:00 UTC+0.0025%/8h= +2.7% APRpaid last 24h +0.038%
Price spread now: Bluefin against OKX+0.023%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Bluefin is 0.023% dearer against OKX than usual: you sell high and buy low: +$2 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX ETH-USDT-SWAP | 2,730 | 0.0075 | pay 0.0075% / 8h | 3h 19m | $1.67B | $10.75B | 100x |
| Short | Bluefin ETH-PERP | 2,730.7 | 0.0100 | get 0.0013% / 1h | 19m 27s | $21K | $20K | 25x |
OKX ETH-USDT-SWAP
Bluefin ETH-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bluefin 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
- $5.15
- Price spread: +0.023% → 0.000%
- $2.31
- Slippage, 4 orders
- no order book: not counted
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Bluefin: 3.5 bp × 2 orders
- −$7
- Net
- −$9.54
- Costs to cover
- 0.170%
- Break-even
- 20.0 days
Slippage unknown: OKX: live order book, 5 min ago; Bluefin: no order-book sample. Net counts fees only.
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, 5 min ago | 0.02 bp | 5.0 bp −$5 | 5.0 bp −$50 | 5.2 bp −$516 | 7.6 bp −$3,811 |
| Sell Bluefin no order-book sample | — | — | — | — | — |
Bluefin: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
ETH on 55 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 | |
|---|---|---|---|---|---|---|---|---|
| Perpl ETH | −0.0335% | 43m | 2,729.7 | −0.014% | $297K | $5.6M | 8.3x | as long as short |
| Hotstuff ETH-PERP | −0.0080% | 1h | 2,731 | +0.035% | $5K | $1K | 50x | as long as short |
| HTX ETH-USDT | −0.0015% | 8h | 2,731.2 | +0.043% | $1.06B | $1.20B | 200x | as long as short |
| GMX ETH/USD [ETH-USDC] | L −0.0010% / S +0.0043% | 1h | 2,730.2 | +0.006% | $11.9M | — | 200x | as long as short |
| Phoenix ETH | −0.0006% | 1h | 2,731.7 | +0.061% | $817K | $2.9M | 25x | as long as short |
| Kalshi KXETHPERP | 0.0000% | 8h | 2,731.5 | +0.053% | $6.4M | $684.9M | 4.9x | as long as short |
| gTrade (Gains Network) ETH/USD | L +0.0007% / S −0.0006% | 1h | 2,730.4 | +0.015% | $28.0M | — | 200x | as long as short |
| dYdX ETH-USD | +0.0007% | 1h | 2,731 | +0.036% | $10.7M | $42.1M | 50x | as long as short |
| Bullet ETH-USD | +0.0026% | 1h | 2,729.7 | −0.013% | $178K | $1.7M | 20x | as long as short |
| BingX ETH-USDC | +0.0030% | 8h | 2,729.6 | −0.016% | — | $18.5M | — | as long as short |
Perpl ETH
Hotstuff ETH-PERP
HTX ETH-USDT
GMX ETH/USD [ETH-USDC]
Phoenix ETH
Kalshi KXETHPERP
gTrade (Gains Network) ETH/USD
dYdX ETH-USD
Bullet ETH-USD
BingX ETH-USDCShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ETHUSDT | +0.0034% | 8h | 2,729.8 | −0.007% | $2.36B | $4.38B | 150x | as long as short |
| 01 Exchange ETHUSD | +0.0048% | 1h | 2,730.9 | +0.032% | $187K | $814K | 50x | as long as short |
| Deribit ETH-PERPETUAL | +0.0061% | 1h | 2,732.7 | +0.097% | $258.6M | $201.6M | 50x | as long as short |
| KuCoin ETHUSDTM | +0.0065% | 8h | 2,729.9 | −0.004% | $377.3M | $574.8M | 100x | as long as short |
| SunX ETH-USDT | +0.0066% | 8h | 2,730.9 | +0.030% | $958K | $11.2M | 100x | as long as short |
| OKX ETH-USDT-SWAPlong | +0.0075% | 8h | 2,730 | long leg | $1.67B | $10.75B | 100x | |
| Aevo ETH-PERP | +0.0080% | 1h | 2,727.7 | −0.086% | $4.9M | $155K | 20x | as long as short |
| Aster ETHUSDT | +0.0080% | 8h | 2,729.9 | −0.004% | $250.8M | $840.2M | 200x | as long as short |
| SoDEX ETH-USD | +0.0081% | 1h | 2,731.4 | +0.050% | $54.4M | $187.8M | 40x | as long as short |
| Phemex ETHUSDT | +0.0083% | 8h | 2,731.8 | +0.065% | $264.8M | $64.8M | 150x | as long as short |
| ApeX Omni ETHUSDT | +0.0085% | 1h | 2,730.9 | +0.032% | $8.6M | $31.1M | 100x | as long as short |
| MEXC ETH_USDT | +0.0087% | 8h | 2,729.9 | −0.005% | $1.55B | $2.57B | 500x | as long as short |
| Binance ETHUSDT | +0.0088% | 8h | 2,729.9 | −0.004% | $6.33B | $15.94B | 150x | as long as short |
| Lighter ETH | +0.0096% | 1h | 2,731.3 | +0.045% | $112.4M | $434.8M | 50x | as long as short |
| Lighter RH ETH | +0.0096% | 1h | 2,732.7 | +0.096% | $23.4M | $104.5M | 50x | as long as short |
| Jupiter Perps ETH-PERP | L +0.0096% / S +0.0048% | 1h | 2,731.8 | +0.065% | — | $31.0M | 500x | as long as short |
| Injective ETH/USDC PERP | +0.0096% | 1h | 2,731.2 | +0.042% | $117K | $22.5M | 52x | as long as short |
| Katana Perps ETH-USD | +0.0100% | 8h | 2,730.3 | +0.010% | $499K | $3.4M | 50x | as long as short |
| Paradex ETH-USD-PERP | +0.0100% | 8h | 2,731.4 | +0.049% | $15.5M | $8.0M | 50x | as long as short |
| Nado ETH-PERP | +0.0100% | 1h | 2,731.5 | +0.054% | $13.9M | $104.6M | 50x | as long as short |
| Hyperliquid ETH | +0.0100% | 1h | 2,732.4 | +0.085% | $3.09B | $2.04B | 25x | as long as short |
| Pacifica ETH | +0.0100% | 1h | 2,730.7 | +0.025% | $31.9M | $334.6M | 50x | as long as short |
| Ondo Perps ETH-USD.P | +0.0100% | 1h | 2,729.6 | −0.016% | $2.7M | $16.7M | 25x | as long as short |
| Arcus ETH-USD | +0.0100% | 1h | 2,731 | +0.034% | $1.5M | $16.0M | 25x | as long as short |
| Bulk ETH-USD | +0.0100% | 1h | 2,728.2 | −0.067% | $169.5M | $307.4M | 25x | as long as short |
| Gate ETH_USDT | +0.0100% | 8h | 2,730 | −0.001% | $3.33B | $8.93B | 200x | as long as short |
| Bitget ETHUSDT | +0.0100% | 8h | 2,730.3 | +0.008% | $2.07B | $2.73B | 150x | as long as short |
| Backpack ETH_USDC_PERP | +0.0100% | 1h | 2,731 | +0.035% | $14.9M | $40.9M | 50x | as long as short |
| Variational Omni ETH | +0.0100% | 8h | 2,730.3 | +0.011% | $134.3M | $322.7M | — | as long as short |
| edgeX ETHUSDC | +0.0100% | 4h | 2,729 | −0.037% | $183.6M | $672.3M | 100x | as long as short |
| GRVT ETH_USDT_Perp | +0.0100% | 8h | 2,731.4 | +0.051% | $158.9M | $86.9M | 50x | as long as short |
| StandX ETH-USD | +0.0100% | 1h | 2,730.7 | +0.024% | $21.0M | $69.8M | 40x | as long as short |
| Vest ETH-PERP | +0.0100% | 1h | 2,731.4 | +0.048% | — | $845K | 50x | as long as short |
| Polymarket Perps ETH-USD | +0.0100% | 1h | 2,731.8 | +0.064% | $11.2M | $9.4M | 50x | as long as short |
| Bluefin ETH-PERPshort | +0.0100% | 1h | 2,730.7 | +0.023% | $21K | $20K | 25x | |
| Derive ETH-PERP | +0.0100% | 1h | 2,732.2 | +0.077% | $41.0M | $29.9M | 15x | as long as short |
| Extended ETH-USD | +0.0104% | 1h | 2,729.4 | −0.024% | $30.5M | $73.4M | 50x | as long as short |
| RISEx ETH/USDC | +0.0107% | 1h | 2,730.9 | +0.030% | $5.6M | $11.8M | 25x | as long as short |
| Aftermath Perps ETHUSD | +0.0108% | 1h | 2,731.4 | +0.051% | $30K | $20K | 20x | as long as short |
| Coinbase International ETH-PERP-INTX | +0.0120% | 1h | 2,732.8 | +0.100% | $50.5M | $4.28B | 50x | as long as short |
| Kraken Futures PF_ETHUSD | +0.0153% | 1h | 2,732.2 | +0.079% | $83.6M | $315.9M | 100x | as long as short |
| Orderly PERP_ETH_USDC | +0.0192% | 8h | 2,732.6 | +0.093% | $32.1M | $11.6M | 100x | as long as short |
| Reya ETHRUSDPERP | +0.0209% | 1h | 2,729.5 | −0.019% | $7.3M | $1.2M | 25x | as long as short |
| Hibachi ETH/USDT-P | +0.0240% | 1h | 2,732.8 | +0.100% | $245K | $1.4M | 20x | as long as short |
| BloFin ETH-USDT | +0.0346% | 8h | 2,730.1 | +0.003% | $282.9M | $174.8M | 150x | as long as short |
Bybit ETHUSDT
01 Exchange ETHUSD
Deribit ETH-PERPETUAL
KuCoin ETHUSDTM
SunX ETH-USDT
Aevo ETH-PERP
Aster ETHUSDT
SoDEX ETH-USD
Phemex ETHUSDT
ApeX Omni ETHUSDT
MEXC ETH_USDT
Binance ETHUSDT
Lighter ETH
Lighter RH ETH
Jupiter Perps ETH-PERP
Injective ETH/USDC PERP
Katana Perps ETH-USD
Paradex ETH-USD-PERP
Nado ETH-PERP
Hyperliquid ETH
Pacifica ETH
Ondo Perps ETH-USD.P
Arcus ETH-USD
Bulk ETH-USD
Gate ETH_USDT
Bitget ETHUSDT
Backpack ETH_USDC_PERP
Variational Omni ETH
edgeX ETHUSDC
GRVT ETH_USDT_Perp
StandX ETH-USD
Vest ETH-PERP
Polymarket Perps ETH-USD
Derive ETH-PERP
Extended ETH-USD
RISEx ETH/USDC
Aftermath Perps ETHUSD
Coinbase International ETH-PERP-INTX
Kraken Futures PF_ETHUSD
Orderly PERP_ETH_USDC
Reya ETHRUSDPERP
Hibachi ETH/USDT-P
BloFin ETH-USDT