Funding you earn now, next payment 08:00 UTC−0.0149%/8h= −16.3% APRpaid last 24h +0.019%
Price spread now: BloFin against OKX+0.201%93s7-day average +0.040% · you sell dearer than you buy
Net, funding: paid 7d − costs−$45as 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−$700.696% of the position
Funding, last 7 days+0.250%+$25 on $10k
+Price spread, last 4 days (all we have)−0.292%−$29 · spread now +0.201%, 7d avg +0.040%
=The price spread pays, funding is against you. BloFin is 0.161% dearer against OKX than usual: you sell high and buy low (spread +0.201% now, against its 7-day average of +0.040%): +$16 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 3.6 days. Mind the row above: over the last 7 days funding on this pair paid +0.250%, 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 FET-USDT-SWAP | 0.1987 | 0.0369 | pay 0.0184% / 4h | 2h 49m | $984K | $8.1M | 20x |
| Short | BloFin FET-USDT | 0.1991 | 0.0220 | get 0.0220% / 8h | 2h 49m | $1.7M | $3.2M | 100x |
OKX FET-USDT-SWAP
BloFin FET-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
- −$31.26
- Price spread: +0.201% → +0.040%
- $16.14
- Slippage, 4 orders
- −$47.64
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$84.76
- Costs to cover
- 0.696%
- Break-even
- never at this rate
Slippage from OKX: live order book, 3 min ago; BloFin: live order book, 3 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, 3 min ago | 2.52 bp | 16.8 bp −$17 | 60.9 bp −$609 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 3 min ago | 2.52 bp | 13.1 bp −$13 | 24.6 bp −$246 | 66.8 bp −$6,678 | doesn't fit |
FET on 20 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit FET_USDC-PERPETUAL | −0.3762% | 1h | 0.1986 | −0.050% | $38K | $298K | 10x | as long as short |
| Coinbase International FET-PERP-INTX | −0.1152% | 1h | 0.1990 | +0.151% | $148K | $258K | 50x | as long as short |
| gTrade (Gains Network) FET/USD | L +0.0006% / S −0.0004% | 1h | 0.1985 | −0.101% | $20K | — | 150x | as long as short |
| Injective FET/USDC PERP | +0.0033% | 1h | 0.2010 | +1.158% | $3K | $166K | 12x | as long as short |
| Aster FETUSDT | +0.0100% | 8h | 0.1985 | −0.112% | $190K | $809K | 10x | as long as short |
| Binance FETUSDT | +0.0100% | 8h | 0.1986 | −0.050% | $30.2M | $114.8M | 75x | as long as short |
| Gate FET_USDT | +0.0100% | 8h | 0.1985 | −0.101% | $2.6M | $12.7M | 50x | as long as short |
| MEXC FET_USDT | +0.0100% | 8h | 0.1986 | −0.050% | $29.8M | $24.9M | 200x | as long as short |
| KuCoin FETUSDTM | +0.0100% | 8h | 0.1987 | 0.000% | $10.4M | $18.6M | 50x | as long as short |
| Variational Omni FET | +0.0100% | 8h | 0.1987 | +0.008% | $273K | $479K | — | as long as short |
Deribit FET_USDC-PERPETUAL
Coinbase International FET-PERP-INTX
gTrade (Gains Network) FET/USD
Injective FET/USDC PERP
Aster FETUSDT
Binance FETUSDT
Gate FET_USDT
MEXC FET_USDT
KuCoin FETUSDTM
Variational Omni FETShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_FET_USDC | +0.0100% | 8h | 0.1985 | −0.101% | $37K | $7K | 10x | as long as short |
| Extended FET-USD | +0.0104% | 1h | 0.1985 | −0.083% | $33K | $201K | 10x | as long as short |
| GMX FET/USD [ETH-USDC] | L +0.0201% / S −0.0301% | 1h | 0.1985 | −0.076% | $13K | — | 100x | as long as short |
| BingX FET-USDT | +0.0203% | 8h | 0.1986 | −0.050% | — | $6.0M | — | as long as short |
| Bitget FETUSDT | +0.0212% | 8h | 0.1987 | 0.000% | $16.0M | $11.8M | 75x | as long as short |
| BloFin FET-USDTshort | +0.0220% | 8h | 0.1991 | +0.201% | $1.7M | $3.2M | 100x | |
| OKX FET-USDT-SWAPlong | +0.0369% | 4h | 0.1987 | long leg | $984K | $8.1M | 20x | |
| Kraken Futures PF_FETUSD | +0.0462% | 1h | 0.1987 | −0.018% | $969K | $2.2M | 50x | as long as short |
| Phoenix FET | +0.0649% | 1h | 0.1990 | +0.151% | $34K | $37K | 5x | as long as short |
| Hyperliquid FET | +0.0879% | 1h | 0.1988 | +0.040% | $8.5M | $8.4M | 5x | as long as short |
Orderly PERP_FET_USDC
Extended FET-USD
GMX FET/USD [ETH-USDC]
BingX FET-USDT
Bitget FETUSDT
Kraken Futures PF_FETUSD
Phoenix FET
Hyperliquid FET