Funding you earn now, next payment 08:00 UTC+0.0017%/8h= +1.9% APRnext payment +$0.17 per $10,000 · paid last 24h −0.025%
Price spread now: BloFin against OKX−0.050%7-day average −0.014% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$36as in the Price arb table
costs, in and out, $10k−$320.319% of the position
Funding, last 5 days (all we have)−0.007%−$1 on $10k
+Price spread, last 4 days (all we have)+0.109%+$11 · spread now −0.050%, 7d avg −0.014%
=Funding pays, the price is against you. BloFin is 0.037% cheaper against OKX than usual: you would sell low and buy high (spread −0.050% now, against its 7-day average of −0.014%). If the spread goes back, that is −$4 on $10k: about 7.0 days of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX TQQQ-USDT-SWAP | 79.310 | 0 | get 0.0000% / 8h | 2h 07m | $2.1M | $6.0M | 10x |
| Short | BloFin TQQQ-USDT | 79.270 | 0.0017 | get 0.0017% / 8h | 2h 07m | $145K | $32K | 20x |
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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $3.67
- Price spread: −0.050% → −0.014%
- −$3.68
- Slippage, 4 orders
- −$9.93
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$31.95
- Costs to cover
- 0.319%
- Break-even
- 68.0 days
Slippage from OKX: live order book, 6 min ago; BloFin: live order book, 7 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 OKX live order book, 6 min ago | 0.63 bp | 6.1 bp −$6 | 29.4 bp −$294 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 7 min ago | 1.89 bp | 8.3 bp −$8 | 13.2 bp −$132 | 50.7 bp −$5,071 | 101.5 bp −$50.7K |
TQQQ on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin TQQQUSDTM | −0.0040% | 8h | 79.210 | −0.126% | $180K | $562K | 10x | as long as short |
| Aster TQQQUSDT | 0.0000% | 8h | 79.182 | −0.161% | $70K | $146K | 20x | as long as short |
| Binance TQQQUSDT | 0.0000% | 8h | 79.282 | −0.035% | $18.2M | $49.7M | 20x | as long as short |
| Bybit TQQQUSDT | 0.0000% | 8h | 79.310 | 0.000% | $2.5M | $7.1M | 25x | as long as short |
| OKX TQQQ-USDT-SWAPlong | 0.0000% | 8h | 79.310 | long leg | $2.1M | $6.0M | 10x | |
| MEXC TQQQ_USDT | 0.0000% | 8h | 79.280 | −0.038% | $1.5M | $227K | 20x | as long as short |
| Bitget TQQQUSDT | 0.0000% | 8h | 79.320 | +0.013% | $7.6M | $2.9M | 20x | as long as short |
| GRVT TQQQ_USDT_Perp | 0.0000% | 8h | 79.280 | −0.038% | $1K | $107K | 10x | as long as short |
| HTX TQQQ-USDT | 0.0000% | 8h | 79.230 | −0.101% | $14K | $16K | 10x | as long as short |
| BloFin TQQQ-USDTshort | +0.0017% | 8h | 79.270 | −0.050% | $145K | $32K | 20x |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_TQQQ_USDC_mythos | +0.0100% | 8h | 79.290 | −0.025% | $5 | — | 10x | as long as short |
OKX TQQQ-USDT-SWAP
BloFin TQQQ-USDT
KuCoin TQQQUSDTM
Aster TQQQUSDT
Binance TQQQUSDT
Bybit TQQQUSDT
MEXC TQQQ_USDT
Bitget TQQQUSDT
GRVT TQQQ_USDT_Perp
HTX TQQQ-USDT