Settings8H · net · $10k
Funding arb · Price arb /

CP

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0032%/8h= +3.5% APRnext payment +$0.16 per $10,000 · paid last 24h +0.002%
Price spread now: OKX against BloFin0.000%73s7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$1 a day on $10k at the current rate. The two prices were read 73 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin CP-USDT0.013530.0068pay 0.0034% / 4h46m 03s$413$36K20x
ShortOKX CP-USDT-SWAP0.013530.0100get 0.0050% / 4h46m 03s$3.7M$10.6M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX against BloFin. 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
$6.64
Price spread: 0.000% → 0.000%
$0
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee OKX: 5 bp × 2 orders
−$10
Net
−$15.36
Costs to cover
0.220%
Break-even
23.2 days
Slippage unknown: BloFin: no order-book sample; OKX: live order book, 2 min ago. 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 BloFin no order-book sample
Sell OKX live order book, 2 min ago3.69 bp22.2 bp −$22136.7 bp −$1,367doesn't fitdoesn'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.

CP on 8 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
BloFin CP-USDTlong+0.0068%4h0.01353long leg$413$36K20x
BingX CP-USDT+0.0070%4h0.01354+0.074%$1.0Mas long as short
Bybit CPUSDT+0.0100%4h0.013530.000%$1.5M$2.3M20xas long as short
OKX CP-USDT-SWAPshort+0.0100%4h0.013530.000%$3.7M$10.6M20x
Gate CP_USDT+0.0100%4h0.013530.000%$563K$507K20xas long as short
MEXC CP_USDT+0.0100%4h0.013530.000%$1.5M$362K20xas long as short
KuCoin CPUSDTM+0.0100%4h0.01356+0.222%$191K$936K20xas long as short
Bitget CPUSDT+0.0100%4h0.01354+0.052%$771K$1.5M20xas long as short