Funding you earn now, next payment 08:00 UTC−0.0016%/8h= −1.7% APRnext payment −$0.16 per $10,000 · paid last 24h —
Price spread now: Bitget against BloFin−0.537%75s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 21 hours (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and Bitget is 0.537% cheaper against BloFin than usual: you would sell low and buy high (−$54 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 75 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 OKLO-USDT | 40.608 | 0.0016 | pay 0.0016% / 8h | 3h 06m | $44K | $10K | 20x |
| Short | Bitget OKLOUSDT | 40.390 | 0 | get 0.0000% / 8h | 3h 06m | $992K | $623K | 20x |
BloFin OKLO-USDT
Bitget OKLOUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$3.29
- Price spread: −0.537% → 0.000%
- −$53.68
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$80.97
- Costs to cover
- 0.240%
- Break-even
- never at this rate
Slippage unknown: BloFin: no order-book sample; Bitget: live order book, 45 min ago. Net counts fees only.
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 no order-book sample | — | — | — | — | — |
| Sell Bitget live order book, 45 min ago | 12.31 bp | 20.7 bp −$21 | 50.9 bp −$509 | doesn't fit | doesn't fit |
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.
OKLO on 5 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective OKLO/USDC PERP | −0.0220% | 1h | 36.370 | −10.436% | $6K | $11K | 12x | as long as short |
| Bitget OKLOUSDTshort | 0.0000% | 8h | 40.390 | −0.537% | $992K | $623K | 20x | |
| OKX OKLO-USDT-SWAP | +0.0004% | 8h | 40.504 | −0.256% | $104K | $794K | 20x | as long as short |
| BloFin OKLO-USDTlong | +0.0016% | 8h | 40.608 | long leg | $44K | $10K | 20x | |
| KuCoin OKLOUSDTM | +0.0334% | 8h | 40.430 | −0.438% | $56K | $416K | 10x | as long as short |
Injective OKLO/USDC PERP
OKX OKLO-USDT-SWAP
KuCoin OKLOUSDTM