Funding you earn now, next payment 00:00 UTC−0.0082%/8h= −9.0% APRpaid last 24h −0.036%
Price spread now: OKX against BloFin+0.200%7-day average −0.058% · you sell dearer than you buy
Net, funding: paid 7d − costs−$93as in the Funding arb table
Net, price: spread back to 7d avg − costs−$42as in the Price arb table
costs, in and out, $10k−$680.679% of the position
Funding, last 7 days−0.248%−$25 on $10k
+Price spread, last 3 days (all we have)−0.109%−$11 · spread now +0.200%, 7d avg −0.058%
=The price spread pays, funding is against you. OKX is 0.258% dearer against BloFin than usual: you sell high and buy low (spread +0.200% now, against its 7-day average of −0.058%): +$26 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 10 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin FET-USDT | 0.2005 | 0.0220 | pay 0.0220% / 8h | 1h 48m | $1.7M | $2.6M | 100x |
| Short | OKX FET-USDT-SWAP | 0.2009 | 0.0138 | get 0.0069% / 4h | 1h 48m | $853K | $7.5M | 20x |
BloFin FET-USDT
OKX FET-USDT-SWAPFunding 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$17.24
- Price spread: +0.200% → −0.058%
- $25.76
- Slippage, 4 orders
- −$45.93
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$59.4
- Costs to cover
- 0.679%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 4 min ago; OKX: 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 BloFin live order book, 4 min ago | 7.48 bp | 15.2 bp −$15 | 29.8 bp −$298 | 178.3 bp −$17.8K | doesn't fit |
| Sell OKX live order book, 4 min ago | 2.49 bp | 24.6 bp −$25 | 71.9 bp −$719 | doesn't fit | doesn't fit |
FET on 20 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit FET_USDC-PERPETUAL | −0.3726% | 1h | 0.2004 | −0.050% | $27K | $200K | 10x | as long as short |
| Coinbase International FET-PERP-INTX | −0.0744% | 1h | 0.2019 | +0.698% | $158K | $191K | 50x | as long as short |
| gTrade (Gains Network) FET/USD | L +0.0006% / S −0.0012% | 1h | 0.2002 | −0.133% | $31K | — | 150x | as long as short |
| Gate FET_USDT | +0.0028% | 8h | 0.2002 | −0.150% | $2.7M | $11.8M | 50x | as long as short |
| Hyperliquid FET | +0.0100% | 1h | 0.2007 | +0.105% | $8.9M | $7.8M | 5x | as long as short |
| Aster FETUSDT | +0.0100% | 8h | 0.2005 | +0.021% | $339K | $533K | 10x | as long as short |
| Binance FETUSDT | +0.0100% | 8h | 0.2006 | +0.046% | $31.4M | $107.3M | 75x | as long as short |
| MEXC FET_USDT | +0.0100% | 8h | 0.2005 | 0.000% | $34.6M | $25.1M | 200x | as long as short |
| KuCoin FETUSDTM | +0.0100% | 8h | 0.2004 | −0.050% | $10.3M | $19.1M | 50x | as long as short |
| Variational Omni FET | +0.0100% | 8h | 0.2006 | +0.066% | $273K | $316K | — | as long as short |
Deribit FET_USDC-PERPETUAL
Coinbase International FET-PERP-INTX
gTrade (Gains Network) FET/USD
Gate FET_USDT
Hyperliquid FET
Aster FETUSDT
Binance FETUSDT
MEXC FET_USDT
KuCoin FETUSDTM
Variational Omni FETShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_FET_USDC | +0.0100% | 8h | 0.2002 | −0.150% | $37K | $5K | 10x | as long as short |
| Extended FET-USD | +0.0104% | 1h | 0.2004 | −0.046% | $33K | $189K | 10x | as long as short |
| OKX FET-USDT-SWAPshort | +0.0138% | 4h | 0.2009 | +0.200% | $853K | $7.5M | 20x | |
| GMX FET/USD [ETH-USDC] | L +0.0200% / S −0.0278% | 1h | 0.2001 | −0.180% | $13K | — | 100x | as long as short |
| BloFin FET-USDTlong | +0.0220% | 8h | 0.2005 | long leg | $1.7M | $2.6M | 100x | |
| BingX FET-USDT | +0.0263% | 8h | 0.2004 | −0.050% | — | $5.6M | — | as long as short |
| Bitget FETUSDT | +0.0286% | 8h | 0.2007 | +0.100% | $16.3M | $11.3M | 75x | as long as short |
| Kraken Futures PF_FETUSD | +0.0361% | 1h | 0.2006 | +0.042% | $1.0M | $2.2M | 50x | as long as short |
| Injective FET/USDC PERP | +0.0553% | 1h | 0.2010 | +0.249% | $3K | $166K | 12x | as long as short |
| Phoenix FET | +0.0599% | 1h | 0.2015 | +0.494% | $27K | $36K | 5x | as long as short |
Orderly PERP_FET_USDC
Extended FET-USD
GMX FET/USD [ETH-USDC]
BingX FET-USDT
Bitget FETUSDT
Kraken Futures PF_FETUSD
Injective FET/USDC PERP
Phoenix FET