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Funding arb · Price arb /

NOW

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Alert: funding
Measured
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Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Alert: spread
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Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Funding you earn now, next payment 08:00 UTC+0.0107%/8h= +11.7% APRnext payment +$1.07 per $10,000 · paid last 24h 0.000%
Price spread now: BloFin against OKX−0.036%103s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Long on OKXShort on BloFin
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)—no history yet
Price spread, last 7 days—no price history on both exchanges yet
Together, before fees—needs both histories
Funding pays, the price is against you. BloFin is 0.036% cheaper against OKX than usual: you would sell low and buy high (spread −0.036% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 27 hours of funding at the current rate (+$3 a day). The two prices were read 103 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX NOW-USDT-SWAP138.110get 0.0000% / 8h6h 57m$498K$212K20x
ShortBloFin NOW-USDT138.060.0107get 0.0107% / 8h6h 57m$45K$17K20x

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
$22.48
Price spread: −0.036% → 0.000%
−$3.62
Slippage, 4 orders
no order book: not counted
Fee OKX: 5 bp × 2 orders
−$10
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$3.14
Costs to cover
0.220%
Break-even
8.0 days
Slippage unknown: OKX: live order book, 8 min ago; BloFin: no order-book sample. Net counts fees only.

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, 8 min ago0.36 bp8.5 bp −$81192.9 bp −$11.9Kdoesn't fitdoesn't fit
Sell BloFin no order-book sample—————
BloFin: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

NOW on 16 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
Aster NOWUSDT0.0000%8h138.49+0.279%$41K$99520xas long as short
OKX NOW-USDT-SWAPlong0.0000%8h138.11long leg$498K$212K20x
QFEX NOW-USD0.0000%1h137.88−0.167%$1.1M$2.1M10xas long as short
Gate NOW_USDT0.0000%8h138.08−0.022%$245K$368K20xas long as short
Bitget NOWUSDT0.0000%8h138.18+0.051%$781K$236K20xas long as short
SunX NOW-USDT0.0000%8h138.14+0.022%$1K$410K10xas long as short
HTX NOW-USDT0.0000%8h138.07−0.029%$5K$29K20xas long as short
Lighter NOW+0.0032%1h137.92−0.138%$5K$1735xas long as short
Injective NOW/USDC PERP+0.0033%1h139.80+1.224%$3K$10112xas long as short
Vest NOW-USD-PERP+0.0046%1h137.89−0.159%——25xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin NOWUSDTM+0.0100%8h137.91−0.145%$317K$657K20xas long as short
Binance NOWUSDT+0.0100%8h138.09−0.013%$1.8M$1.5M20xas long as short
Bybit NOWUSDT+0.0102%8h138.05−0.043%$1.5M$5.7M25xas long as short
BloFin NOW-USDTshort+0.0107%8h138.06−0.036%$45K$17K20x
tradeXYZ xyz:NOW+0.0332%1h137.87−0.174%$2.1M$231K10xas long as short
GRVT NOW_USDT_Perp+0.0846%8h138.21+0.072%$223$157K10xas long as short