Funding you earn now, next payment 08:00 UTC+0.0011%/8h= +1.2% APRnext payment +$0.11 per $10,000 · paid last 24h −0.050%
Price spread now: OKX against BloFin+0.050%83s7-day average 0.000% · you sell dearer than you buy
Net, funding: paid 7d − costs−$74as 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−$730.725% of the position
Funding, last 7 days−0.010%−$1 on $10k
+Price spread, last 4 days (all we have)−0.091%−$9 · spread now +0.050%, 7d avg 0.000%
=Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and OKX is 0.050% dearer against BloFin than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of 0.000%. The two prices were read 83 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 | BloFin AMAT-USDT | 462.90 | −0.0011 | get 0.0011% / 8h | 2h 09m | $108K | $111K | 20x |
| Short | OKX AMAT-USDT-SWAP | 463.13 | 0 | get 0.0000% / 8h | 2h 09m | $1.4M | $1.6M | 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
- $2.31
- Price spread: +0.050% → 0.000%
- $4.96
- Slippage, 4 orders
- −$50.51
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$65.24
- Costs to cover
- 0.725%
- Break-even
- 205.1 days
Slippage from BloFin: live order book, 1 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, 1 min ago | 1.84 bp | 11.6 bp −$12 | 27.6 bp −$276 | doesn't fit | doesn't fit |
| Sell OKX live order book, 2 min ago | 3.67 bp | 21.0 bp −$21 | doesn't fit | doesn't fit | doesn't fit |
AMAT 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget AMATUSDT | −0.0429% | 8h | 462.84 | −0.013% | $1.9M | $1.8M | 20x | as long as short |
| BloFin AMAT-USDTlong | −0.0011% | 8h | 462.90 | long leg | $108K | $111K | 20x | |
| Aster AMATUSDT | 0.0000% | 8h | 462.85 | −0.010% | $10K | $11K | 20x | as long as short |
| Extended AMAT-USD | 0.0000% | 1h | 462.79 | −0.025% | $5K | $27K | 10x | as long as short |
| Binance AMATUSDT | 0.0000% | 8h | 462.95 | +0.011% | $8.5M | $13.7M | 20x | as long as short |
| Bybit AMATUSDT | 0.0000% | 8h | 462.68 | −0.048% | $846K | $703K | 25x | as long as short |
| OKX AMAT-USDT-SWAPshort | 0.0000% | 8h | 463.13 | +0.050% | $1.4M | $1.6M | 20x | |
| Gate AMAT_USDT | 0.0000% | 8h | 463.10 | +0.043% | $1.5M | $6.6M | 50x | as long as short |
| Variational Omni AMAT | 0.0000% | 8h | 462.76 | −0.029% | $64K | $44K | — | as long as short |
| GRVT AMAT_USDT_Perp | 0.0000% | 8h | 460.97 | −0.417% | $521 | $110K | 10x | as long as short |
Show all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest AMAT-USD-PERP | +0.0046% | 1h | 462.72 | −0.039% | — | — | 10x | as long as short |
| tradeXYZ xyz:AMAT | +0.0050% | 1h | 463.12 | +0.048% | $2.6M | $2.3M | 10x | as long as short |
| KuCoin AMATUSDTM | +0.0100% | 8h | 462.25 | −0.140% | $400K | $551K | 20x | as long as short |
| SunX AMAT-USDT | +0.0100% | 8h | 463.06 | +0.035% | $843 | $379K | 10x | as long as short |
| HTX AMAT-USDT | +0.0100% | 8h | 463.78 | +0.190% | $169K | $39K | 20x | as long as short |
| Phoenix AMAT | +0.0225% | 1h | 461.97 | −0.201% | $19K | $110K | 10x | as long as short |
BloFin AMAT-USDT
OKX AMAT-USDT-SWAP
Bitget AMATUSDT
Aster AMATUSDT
Extended AMAT-USD
Binance AMATUSDT
Bybit AMATUSDT
Gate AMAT_USDT
Variational Omni AMAT
GRVT AMAT_USDT_Perp
tradeXYZ xyz:AMAT
KuCoin AMATUSDTM
SunX AMAT-USDT
HTX AMAT-USDT
Phoenix AMAT