Settings8H · net · $10k
Funding arb · Price arb /

RE

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Alert: funding
Alert: spread
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 − costsprices read too far apart to compare
costs, in and out, $10k−$580.582% of the position
What this pair did over the last
the charts below follow
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%
Together, before fees+0.118%+$12 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 0.046% 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX RE-USDT-SWAP0.46960.0100pay 0.0050% / 4h2h 47m$1.9M$3.7M20x
ShortBloFin RE-USDT0.46940.0069get 0.0035% / 4h2h 47m$370K$70K50x

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

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
LegHalf-spread$10k$100k$1M$5M
Buy OKX live order book, 5 min ago1.38 bp14.4 bp −$14107.3 bp −$1,073doesn't fitdoesn't fit
Sell BloFin live order book, 42 min ago2.13 bp12.0 bp −$1239.8 bp −$398doesn't fitdoesn't fit

RE on 14 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
gTrade (Gains Network) RE/USDL −0.0025% / S +0.0026%1h0.4698+0.033%150xas long as short
BloFin RE-USDTshort+0.0069%4h0.4694−0.051%$370K$70K50x
Aster REUSDT+0.0100%4h0.4701+0.098%$36K$28K20xas long as short
Binance REUSDT+0.0100%4h0.4696−0.009%$8.4M$9.0M50xas long as short
Bybit REUSDT+0.0100%4h0.4696−0.009%$1.5M$1.3M20xas long as short
OKX RE-USDT-SWAPlong+0.0100%4h0.4696long leg$1.9M$3.7M20x
Gate RE_USDT+0.0100%4h0.4700+0.079%$427K$961K20xas long as short
MEXC RE_USDT+0.0100%4h0.4696−0.009%$1.2M$443K50xas long as short
KuCoin REUSDTM+0.0100%4h0.4697+0.015%$1.4M$995K20xas long as short
Bitget REUSDT+0.0100%4h0.4701+0.094%$1.8M$669K20xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX RE-USDT+0.0100%4h0.4697+0.013%$1.7Mas long as short
edgeX REUSDC+0.0100%4h0.4691−0.106%$8K$220K10xas long as short
Orderly PERP_RE_USDC_mythos+0.0100%4h0.4698+0.034%$4K10xas long as short
Extended RE-USD+0.0104%1h0.4696−0.015%$7965xas long as short