Funding you earn now, next payment 08:00 UTC+0.0014%/8h= +1.5% APRnext payment +$0.07 per $10,000 · paid last 24h −0.002%
Price spread now: BloFin against OKX+0.202%73s7-day average +0.027% · you sell dearer than you buy
Net, funding: paid 7d − costs−$119as 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−$1211.206% of the position
Funding, last 7 days+0.014%+$1 on $10k
+Price spread, last 4 days (all we have)−0.159%−$16 · spread now +0.202%, 7d avg +0.027%
=Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and BloFin is 0.175% dearer against OKX than usual: you sell high and buy low: +$17 more if the spread goes back to its 7-day average of +0.027%. The two prices were read 73 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 | OKX BABY-USDT-SWAP | 0.01239 | 0.0100 | pay 0.0050% / 4h | 1h 39m | $370K | $500K | 10x |
| Short | BloFin BABY-USDT | 0.01241 | 0.0114 | get 0.0057% / 4h | 1h 39m | $279K | $28K | 50x |
OKX BABY-USDT-SWAP
BloFin BABY-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
- $2.87
- Price spread: +0.202% → +0.027%
- $17.45
- Slippage, 4 orders
- −$98.59
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$100.27
- Costs to cover
- 1.206%
- Break-even
- 251.6 days
Slippage from OKX: live order book, 1 min ago; BloFin: live order book, 37 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, 1 min ago | 1.61 bp | 31.1 bp −$31 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 37 min ago | 3.99 bp | 27.4 bp −$27 | 92.0 bp −$920 | doesn't fit | doesn't fit |
BABY on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid BABY | +0.0100% | 1h | 0.01239 | +0.032% | $123K | $89K | 3x | as long as short |
| Aster BABYUSDT | +0.0100% | 4h | 0.01239 | +0.079% | $7K | $10K | 5x | as long as short |
| Binance BABYUSDT | +0.0100% | 4h | 0.01239 | 0.000% | $3.3M | $3.9M | 50x | as long as short |
| Bybit BABYUSDT | +0.0100% | 4h | 0.01238 | −0.008% | $828K | $693K | 25x | as long as short |
| OKX BABY-USDT-SWAPlong | +0.0100% | 4h | 0.01239 | long leg | $370K | $500K | 10x | |
| Gate BABY_USDT | +0.0100% | 4h | 0.01240 | +0.121% | $139K | $68K | 50x | as long as short |
| MEXC BABY_USDT | +0.0100% | 4h | 0.01239 | +0.040% | $1.1M | $149K | 20x | as long as short |
| KuCoin BABYUSDTM | +0.0100% | 4h | 0.01239 | +0.040% | $456K | $65K | 30x | as long as short |
| Bitget BABYUSDT | +0.0100% | 4h | 0.01239 | +0.040% | $520K | $157K | 50x | as long as short |
| BingX BABY-USDT | +0.0100% | 4h | 0.01239 | +0.040% | — | $6.5M | — | as long as short |
Hyperliquid BABY
Aster BABYUSDT
Binance BABYUSDT
Bybit BABYUSDT
Gate BABY_USDT
MEXC BABY_USDT
KuCoin BABYUSDTM
Bitget BABYUSDT
BingX BABY-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended BABY-USD | +0.0104% | 1h | 0.01238 | −0.021% | $5K | $207K | 5x | as long as short |
| BloFin BABY-USDTshort | +0.0114% | 4h | 0.01241 | +0.202% | $279K | $28K | 50x |
Extended BABY-USD