Funding you earn now, next payment 04:00 UTC+0.0790%/8h= +86.5% APRnext payment +$3.95 per $10,000 · paid last 24h +0.136%
Price spread now: BloFin against OKX−0.132%7-day average +0.262% · you buy dearer than you sell
Net, funding: paid 7d − costs−$148as in the Funding arb table
Net, price: spread back to 7d avg − costs−$215as in the Price arb table
costs, in and out, $10k−$1761.759% of the position
Funding, last 7 days+0.275%+$27 on $10k
+Price spread, last 3 days (all we have)+0.997%+$100 · spread now −0.132%, 7d avg +0.262%
=Funding pays, the price is against you. BloFin is 0.394% cheaper against OKX than usual: you would sell low and buy high (spread −0.132% now, against its 7-day average of +0.262%). If the spread goes back, that is −$39 on $10k: about 40 hours of funding at the current rate (+$24 a day). At the pace of the last 7 days (+0.275% in total) that is about 10 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.275% in total (about 14.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.95 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX ACU-USDT-SWAP | 0.1213 | 0.0100 | pay 0.0050% / 4h | 3h 50m | $221K | $262K | 10x |
| Short | BloFin ACU-USDT | 0.1211 | 0.0890 | get 0.0445% / 4h | 3h 50m | $117K | $59K | 10x |
OKX ACU-USDT-SWAP
BloFin ACU-USDTFunding 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
- $165.95
- Price spread: −0.132% → +0.262%
- −$39.38
- Slippage, 4 orders
- −$153.88
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$49.31
- Costs to cover
- 1.759%
- Break-even
- 9.1 days
Slippage from OKX: live order book, 19 min ago; BloFin: live order book, 4 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, 19 min ago | 6.21 bp | 57.6 bp −$58 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 4 min ago | 1.65 bp | 31.7 bp −$32 | doesn't fit | doesn't fit | doesn't fit |
ACU 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit ACUUSDT | +0.0100% | 4h | 0.1210 | −0.223% | $829K | $583K | 13x | as long as short |
| OKX ACU-USDT-SWAPlong | +0.0100% | 4h | 0.1213 | long leg | $221K | $262K | 10x | |
| Gate ACU_USDT | +0.0100% | 4h | 0.1212 | −0.049% | $172K | $15K | 10x | as long as short |
| KuCoin ACUUSDTM | +0.0100% | 4h | 0.1210 | −0.214% | $561K | $31K | 10x | as long as short |
| SunX ACU-USDT | +0.0100% | 4h | 0.1208 | −0.379% | $1K | $1.1M | 20x | as long as short |
| Bitget ACUUSDT | +0.0554% | 4h | 0.1214 | +0.115% | $254K | $225K | 10x | as long as short |
| Aster ACUUSDT | +0.0696% | 4h | 0.1210 | −0.216% | $2K | $4K | 5x | as long as short |
| BloFin ACU-USDTshort | +0.0890% | 4h | 0.1211 | −0.132% | $117K | $59K | 10x | |
| BingX ACU-USDT | +0.0892% | 4h | 0.1211 | −0.148% | — | $1.3M | — | as long as short |
| MEXC ACU_USDT | +0.0940% | 4h | 0.1211 | −0.148% | $13.8M | $343K | 50x | as long as short |
Bybit ACUUSDT
Gate ACU_USDT
KuCoin ACUUSDTM
SunX ACU-USDT
Bitget ACUUSDT
Aster ACUUSDT
BingX ACU-USDT
MEXC ACU_USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance ACUUSDT | +0.0943% | 4h | 0.1211 | −0.165% | $2.5M | $1.4M | 10x | as long as short |
Binance ACUUSDT