Funding you earn now, next payment 00:00 UTC+0.0024%/8h= +2.6% APRnext payment +$0.12 per $10,000 · paid last 24h −0.003%
Price spread now: OKX against BloFin−0.080%7-day average −0.221% · you buy dearer than you sell
Net, funding: paid 7d − costs−$141as in the Funding arb table
Net, price: spread back to 7d avg − costs−$125as in the Price arb table
costs, in and out, $10k−$1391.391% of the position
Funding, last 7 days−0.022%−$2 on $10k
+Price spread, last 3 days (all we have)−0.095%−$10 · spread now −0.080%, 7d avg −0.221%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and OKX is 0.141% dearer against BloFin than usual: you sell high and buy low: +$14 more if the spread goes back to its 7-day average of −0.221%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin SPACE-USDT | 0.005001 | 0.0076 | pay 0.0038% / 4h | 1h 49m | $156K | $8K | 50x |
| Short | OKX SPACE-USDT-SWAP | 0.004997 | 0.0100 | get 0.0050% / 4h | 1h 49m | $1.5M | $1.1M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against BloFin. 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
- $4.99
- Price spread: −0.080% → −0.221%
- $14.09
- Slippage, 4 orders
- −$117.14
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$120.06
- Costs to cover
- 1.391%
- Break-even
- 175.6 days
Slippage from BloFin: live order book, 25 min ago; OKX: live order book, 2 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 BloFin live order book, 25 min ago | 7.01 bp | 38.3 bp −$38 | 152.4 bp −$1,524 | doesn't fit | doesn't fit |
| Sell OKX live order book, 2 min ago | 2.00 bp | 43.0 bp −$43 | doesn't fit | doesn't fit | doesn't fit |
SPACE on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin SPACE-USDTlong | +0.0076% | 4h | 0.005001 | long leg | $156K | $8K | 50x | |
| Binance SPACEUSDT | +0.0100% | 4h | 0.005004 | +0.051% | $1.8M | $1.9M | 50x | as long as short |
| Bybit SPACEUSDT | +0.0100% | 4h | 0.004995 | −0.120% | $766K | $161K | 13x | as long as short |
| OKX SPACE-USDT-SWAPshort | +0.0100% | 4h | 0.004997 | −0.080% | $1.5M | $1.1M | 20x | |
| MEXC SPACE_USDT | +0.0100% | 4h | 0.005001 | 0.000% | $362K | $156K | 20x | as long as short |
| KuCoin SPACEUSDTM | +0.0100% | 4h | 0.005004 | +0.060% | $633K | $102K | 20x | as long as short |
| Bitget SPACEUSDT | +0.0100% | 4h | 0.005004 | +0.060% | $875K | $238K | 20x | as long as short |
| Gate SPACE_USDT | +0.0228% | 4h | 0.004995 | −0.120% | $751K | $427K | 20x | as long as short |
| Aster SPACEUSDT | +0.0734% | 4h | 0.005003 | +0.034% | $15K | $30K | 5x | as long as short |
BloFin SPACE-USDT
OKX SPACE-USDT-SWAP
Binance SPACEUSDT
Bybit SPACEUSDT
MEXC SPACE_USDT
KuCoin SPACEUSDTM
Bitget SPACEUSDT
Gate SPACE_USDT
Aster SPACEUSDT