Funding you earn now, next payment 08:00 UTC−0.0031%/8h= −3.4% APRnext payment −$0.15 per $10,000 · paid last 24h +0.003%
Price spread now: BloFin against OKX−0.051%93s7-day average −0.006% · you buy dearer than you sell
Net, funding: paid 7d − costs−$47as 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−$580.582% of the position
Funding, last 7 days+0.113%+$11 on $10k
+Price spread, last 4 days (all we have)+0.005%+$1 · spread now −0.051%, 7d avg −0.006%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BloFin is 0.046% cheaper against OKX than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.006%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.113%, 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 RE-USDT-SWAP | 0.4696 | 0.0100 | pay 0.0050% / 4h | 2h 47m | $1.9M | $3.7M | 20x |
| Short | BloFin RE-USDT | 0.4694 | 0.0069 | get 0.0035% / 4h | 2h 47m | $370K | $70K | 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$6.45
- Price spread: −0.051% → −0.006%
- −$4.56
- Slippage, 4 orders
- −$36.15
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$69.16
- Costs to cover
- 0.582%
- Break-even
- never at this rate
Slippage from OKX: live order book, 5 min ago; BloFin: live order book, 42 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 | 1.38 bp | 14.4 bp −$14 | 107.3 bp −$1,073 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 42 min ago | 2.13 bp | 12.0 bp −$12 | 39.8 bp −$398 | doesn't fit | doesn't fit |
RE 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 | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) RE/USD | L −0.0025% / S +0.0026% | 1h | 0.4698 | +0.033% | — | — | 150x | as long as short |
| BloFin RE-USDTshort | +0.0069% | 4h | 0.4694 | −0.051% | $370K | $70K | 50x | |
| Aster REUSDT | +0.0100% | 4h | 0.4701 | +0.098% | $36K | $28K | 20x | as long as short |
| Binance REUSDT | +0.0100% | 4h | 0.4696 | −0.009% | $8.4M | $9.0M | 50x | as long as short |
| Bybit REUSDT | +0.0100% | 4h | 0.4696 | −0.009% | $1.5M | $1.3M | 20x | as long as short |
| OKX RE-USDT-SWAPlong | +0.0100% | 4h | 0.4696 | long leg | $1.9M | $3.7M | 20x | |
| Gate RE_USDT | +0.0100% | 4h | 0.4700 | +0.079% | $427K | $961K | 20x | as long as short |
| MEXC RE_USDT | +0.0100% | 4h | 0.4696 | −0.009% | $1.2M | $443K | 50x | as long as short |
| KuCoin REUSDTM | +0.0100% | 4h | 0.4697 | +0.015% | $1.4M | $995K | 20x | as long as short |
| Bitget REUSDT | +0.0100% | 4h | 0.4701 | +0.094% | $1.8M | $669K | 20x | as long as short |
Show all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX RE-USDT | +0.0100% | 4h | 0.4697 | +0.013% | — | $1.7M | — | as long as short |
| edgeX REUSDC | +0.0100% | 4h | 0.4691 | −0.106% | $8K | $220K | 10x | as long as short |
| Orderly PERP_RE_USDC_mythos | +0.0100% | 4h | 0.4698 | +0.034% | $4K | — | 10x | as long as short |
| Extended RE-USD | +0.0104% | 1h | 0.4696 | −0.015% | $796 | — | 5x | as long as short |
OKX RE-USDT-SWAP
BloFin RE-USDT
gTrade (Gains Network) RE/USD
Aster REUSDT
Binance REUSDT
Bybit REUSDT
Gate RE_USDT
MEXC RE_USDT
KuCoin REUSDTM
Bitget REUSDT
BingX RE-USDT
edgeX REUSDC
Extended RE-USD