H

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0038%/8h= −4.1% APRnext payment −$0.19 per $10,000 · paid last 24h −0.005%

Price spread now: BloFin against OKX+0.014%103s7-day average +0.049% · you sell dearer than you buy

Net, funding: paid 7d − costs−$69as 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−$880.883% of the position

Long on OKX Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.191%+$19 on $10k

Price spread, last 3 days (all we have)+0.534%+$53 · spread now +0.014%, 7d avg +0.049%

Together, before fees+0.725%+$73 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BloFin is 0.034% cheaper against OKX than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.049%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.191%, so the current rate has only just turned against you. The two prices were read 103 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 H-USDT-SWAP	0.06905	0.0100	pay 0.0050% / 4h	1h 45m	$1.7M	$5.8M	10x
Short	BloFin H-USDT	0.06906	0.0062	get 0.0031% / 4h	1h 45m	$584K	$116K	25x

Funding 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 it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee OKXbpFee BloFinbpOrdersPrice spread, now +0.014%Rate

Funding earned: −$7.92
Price spread: +0.014% → +0.049%: −$3.41
Slippage, 4 orders: −$66.33
Fee OKX: 5 bp × 2 orders: −$10
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$99.67
Costs to cover: 0.883%
Break-even: never at this rate

Slippage from OKX: live order book, 2 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, 2 min ago	1.45 bp	23.9 bp −$24	doesn't fit	doesn't fit	doesn't fit
Sell BloFin live order book, 36 min ago	0.71 bp	25.5 bp −$25	doesn't fit	doesn't fit	doesn't fit

H on 14 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
Injective H/USDC PERP	+0.0033%	1h	0.06250	−9.486%	$1K	$1	5.5x	as long as short
BloFin H-USDTshort	+0.0062%	4h	0.06906	+0.014%	$584K	$116K	25x
Aster HUSDT	+0.0100%	4h	0.06899	−0.087%	$114K	$52K	5x	as long as short
Binance HUSDT	+0.0100%	4h	0.06901	−0.063%	$14.8M	$10.6M	10x	as long as short
Bybit HUSDT	+0.0100%	4h	0.06889	−0.238%	$7.5M	$4.6M	13x	as long as short
OKX H-USDT-SWAPlong	+0.0100%	4h	0.06905	long leg	$1.7M	$5.8M	10x
Gate H_USDT	+0.0100%	4h	0.06893	−0.174%	$2.8M	$1.9M	10x	as long as short
MEXC H_USDT	+0.0100%	4h	0.06898	−0.101%	$6.2M	$1.1M	20x	as long as short
KuCoin HUSDTM	+0.0100%	4h	0.06893	−0.174%	$1.6M	$10.0M	8x	as long as short
Bitget HUSDT	+0.0100%	4h	0.06892	−0.188%	$1.7M	$456K	4x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX H-USDT	+0.0100%	4h	0.06899	−0.087%	—	$2.7M	—	as long as short
Variational Omni H	+0.0100%	4h	0.06873	−0.465%	$8K	$10K	—	as long as short
GRVT H_USDT_Perp	+0.0100%	4h	0.06900	−0.068%	$1.1M	$466K	10x	as long as short
Extended H-USD	+0.0104%	1h	0.06899	−0.085%	$11K	$107K	5x	as long as short