Funding you earn now, next payment 16:00 UTC+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.049%
Price spread now: BloFin against OKX−0.214%7-day average +0.044% · you buy dearer than you sell
Net, funding: paid 7d − costs−$7as in the Funding arb table
Net, price: spread back to 7d avg − costs−$61as in the Price arb table
costs, in and out, $10k−$350.352% of the position
Funding, last 7 days+0.280%+$28 on $10k
+Price spread, last 4 days (all we have)+0.233%+$23 · spread now −0.214%, 7d avg +0.044%
=Funding pays, the price is against you. BloFin is 0.258% cheaper against OKX than usual: you would sell low and buy high (spread −0.214% now, against its 7-day average of +0.044%). If the spread goes back, that is −$26 on $10k: about 7.2 days of funding at the current rate (+$4 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX FIL-USDT-SWAP | 0.9809 | 0.0100 | pay 0.0100% / 8h | 5h 47m | $17.1M | $92.5M | 50x |
| Short | BloFin FIL-USDT | 0.9788 | 0.0220 | get 0.0220% / 8h | 5h 47m | $2.7M | $609K | 75x |
OKX FIL-USDT-SWAP
BloFin FIL-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
- $25.2
- Price spread: −0.214% → +0.044%
- −$25.85
- Slippage, 4 orders
- −$13.22
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$35.87
- Costs to cover
- 0.352%
- Break-even
- 17.0 days
Slippage from OKX: live order book, 5 min ago; BloFin: live order book, 4 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, 5 min ago | 0.51 bp | 8.4 bp −$8 | 14.5 bp −$145 | 101.1 bp −$10.1K | doesn't fit |
| Sell BloFin live order book, 4 min ago | 1.53 bp | 10.9 bp −$11 | 19.3 bp −$193 | 41.7 bp −$4,174 | doesn't fit |
FIL on 29 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International FIL-PERP-INTX | −0.0200% | 1h | 0.9810 | +0.010% | $333K | $2.1M | 50x | as long as short |
| gTrade (Gains Network) FIL/USD | L −0.0004% / S +0.0006% | 1h | 0.9803 | −0.061% | $25K | — | 150x | as long as short |
| dYdX FIL-USD | 0.0000% | 1h | 0.9789 | −0.207% | $57K | $923 | 10x | as long as short |
| Deribit FIL_USDC-PERPETUAL | 0.0000% | 1h | 0.9806 | −0.031% | $168K | $7K | 25x | as long as short |
| Injective FIL/USDC PERP | +0.0033% | 1h | 0.9855 | +0.469% | $2K | $240K | 12x | as long as short |
| Bybit FILUSDT | +0.0085% | 8h | 0.9806 | −0.031% | $15.2M | $18.1M | 25x | as long as short |
| Lighter FIL | +0.0096% | 1h | 0.9798 | −0.109% | $143K | $249K | 5x | as long as short |
| Hyperliquid FIL | +0.0100% | 1h | 0.9811 | +0.020% | $7.8M | $3.2M | 5x | as long as short |
| Aster FILUSDT | +0.0100% | 8h | 0.9809 | −0.003% | $500K | $300K | 20x | as long as short |
| Binance FILUSDT | +0.0100% | 8h | 0.9810 | +0.010% | $56.7M | $156.7M | 75x | as long as short |
Coinbase International FIL-PERP-INTX
gTrade (Gains Network) FIL/USD
dYdX FIL-USD
Deribit FIL_USDC-PERPETUAL
Injective FIL/USDC PERP
Bybit FILUSDT
Lighter FIL
Hyperliquid FIL
Aster FILUSDT
Binance FILUSDTShow all 29 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX FIL-USDT-SWAPlong | +0.0100% | 8h | 0.9809 | long leg | $17.1M | $92.5M | 50x | |
| Gate FIL_USDT | +0.0100% | 8h | 0.9804 | −0.051% | $8.1M | $14.2M | 50x | as long as short |
| MEXC FIL_USDC | +0.0100% | 8h | 0.9794 | −0.153% | $225K | $90K | 50x | as long as short |
| KuCoin FILUSDTM | +0.0100% | 8h | 0.9801 | −0.082% | $7.1M | $7.5M | 50x | as long as short |
| Bitget FILUSDT | +0.0100% | 8h | 0.9808 | −0.010% | $11.4M | $17.3M | 75x | as long as short |
| BingX FIL-USDC | +0.0100% | 8h | 0.9804 | −0.051% | — | $6.5M | — | as long as short |
| Variational Omni FIL | +0.0100% | 8h | 0.9798 | −0.112% | $442K | $268K | — | as long as short |
| edgeX FILUSDC | +0.0100% | 4h | 0.9800 | −0.087% | $44K | $296K | 10x | as long as short |
| GRVT FIL_USDT_Perp | +0.0100% | 8h | 0.9791 | −0.186% | $291K | $1.8M | 10x | as long as short |
| ApeX Omni FILUSDT | +0.0100% | 1h | 0.9810 | +0.010% | $23K | $180K | 50x | as long as short |
| Orderly PERP_FIL_USDC_mythos | +0.0100% | 4h | 0.9813 | +0.038% | $4K | $798 | 10x | as long as short |
| SunX FIL-USDT | +0.0100% | 8h | 0.9800 | −0.092% | $3K | $992K | 20x | as long as short |
| SoDEX FIL-USD | +0.0100% | 1h | 0.9800 | −0.092% | $476 | $11K | 5x | as long as short |
| HTX FIL-USDT | +0.0100% | 8h | 0.9811 | +0.020% | $625K | $4.8M | 75x | as long as short |
| Phemex FILUSDT | +0.0100% | 8h | 0.9800 | −0.092% | $1.3M | $2.4M | 50x | as long as short |
| Extended FIL-USD | +0.0104% | 1h | 0.9807 | −0.023% | $690K | $4.2M | 10x | as long as short |
| BloFin FIL-USDTshort | +0.0220% | 8h | 0.9788 | −0.214% | $2.7M | $609K | 75x | |
| Kraken Futures PF_FILUSD | +0.0290% | 1h | 0.9805 | −0.044% | $1.3M | $2.1M | 50x | as long as short |
| GMX FIL/USD [WBTC.b-USDC] | L +0.0594% / S −0.0280% | 1h | 0.9801 | −0.083% | $262K | — | 100x | as long as short |
Gate FIL_USDT
MEXC FIL_USDC
KuCoin FILUSDTM
Bitget FILUSDT
BingX FIL-USDC
Variational Omni FIL
edgeX FILUSDC
GRVT FIL_USDT_Perp
ApeX Omni FILUSDT
Orderly PERP_FIL_USDC_mythos
SunX FIL-USDT
SoDEX FIL-USD
HTX FIL-USDT
Phemex FILUSDT
Extended FIL-USD
Kraken Futures PF_FILUSD
GMX FIL/USD [WBTC.b-USDC]