NOT

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0005%/8h= −0.5% APRnext payment −$0.02 per $10,000 · paid last 24h +0.005%

Price spread now: BloFin against OKX+0.119%73s7-day average +0.030% · you sell dearer than you buy

Net, funding: paid 7d − costs−$93as 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−$890.894% of the position

Long on OKX Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.034%−$3 on $10k

Price spread, last 3 days (all we have)−0.062%−$6 · spread now +0.119%, 7d avg +0.030%

Together, before fees−0.096%−$10 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BloFin is 0.089% dearer against OKX than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of +0.030%. The two prices were read 73 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 NOT-USDT-SWAP	0.0005038	0.0100	pay 0.0050% / 4h	1h 48m	$610K	$576K	20x
Short	BloFin NOT-USDT	0.0005044	0.0095	get 0.0048% / 4h	1h 48m	$111K	$17K	50x

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 +0.119%Rate

Funding earned: −$0.96
Price spread: +0.119% → +0.030%: $8.94
Slippage, 4 orders: −$67.38
Fee OKX: 5 bp × 2 orders: −$10
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$81.4
Costs to cover: 0.894%
Break-even: never at this rate

Slippage from OKX: live order book, 33 min ago; BloFin: live order book, 24 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, 33 min ago	1.97 bp	21.9 bp −$22	doesn't fit	doesn't fit	doesn't fit
Sell BloFin live order book, 24 min ago	1.99 bp	18.5 bp −$18	53.8 bp −$538	doesn't fit	doesn't fit

NOT on 16 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
Variational Omni NOT	−0.0142%	4h	0.0005038	−0.008%	$71K	$39K	—	as long as short
Injective NOT/USDC PERP	+0.0033%	1h	0.0004874	−3.255%	$1K	$13K	5.5x	as long as short
BloFin NOT-USDTshort	+0.0095%	4h	0.0005044	+0.119%	$111K	$17K	50x
Lighter 1000NOT	+0.0096%	1h	0.0005053	+0.298%	$11K	$5K	3x	as long as short
Hyperliquid NOT	+0.0100%	1h	0.0005050	+0.238%	$369K	$51K	3x	as long as short
Aster NOTUSDT	+0.0100%	4h	0.0005041	+0.066%	$14K	$9K	5x	as long as short
Binance NOTUSDT	+0.0100%	4h	0.0005043	+0.099%	$2.1M	$3.0M	50x	as long as short
Bybit NOTUSDT	+0.0100%	4h	0.0005037	−0.020%	$2.1M	$805K	25x	as long as short
OKX NOT-USDT-SWAPlong	+0.0100%	4h	0.0005038	long leg	$610K	$576K	20x
Gate NOT_USDT	+0.0100%	4h	0.0005047	+0.179%	$140K	$78K	50x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC NOT_USDT	+0.0100%	4h	0.0005042	+0.079%	$1.3M	$456K	200x	as long as short
KuCoin NOTUSDTM	+0.0100%	4h	0.0005043	+0.099%	$493K	$118K	50x	as long as short
Bitget NOTUSDT	+0.0100%	4h	0.0005044	+0.119%	$663K	$382K	50x	as long as short
BingX NOT-USDT	+0.0100%	4h	0.0005041	+0.060%	—	$7.5M	—	as long as short
Extended kNOT-USD	+0.0104%	1h	0.0005042	+0.085%	$4K	$1K	5x	as long as short
Kraken Futures PF_NOTUSD	+0.6150%	1h	0.0005082	+0.875%	$49K	$9K	10x	as long as short