H

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0005%/8h= +0.6% APRnext payment +$0.03 per $10,000 · paid last 24h +0.005%

Price spread now: OKX against BloFin−0.128%113s7-day average −0.046% · you buy dearer than you sell

Net, funding: paid 7d − costs−$120as 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−$1011.012% of the position

Long on BloFin Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.191%−$19 on $10k

Price spread, last 3 days (all we have)−0.292%−$29 · spread now −0.128%, 7d avg −0.046%

Together, before fees−0.483%−$48 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.083% cheaper against BloFin than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of −0.046%. The two prices were read 113 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	BloFin H-USDT	0.07009	0.0095	pay 0.0047% / 4h	45m 20s	$593K	$117K	25x
Short	OKX H-USDT-SWAP	0.07000	0.0100	get 0.0050% / 4h	45m 20s	$1.8M	$5.9M	10x

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

Position, each leg$Hold fordaysFee BloFinbpFee OKXbpOrdersPrice spread, now −0.128%Rate

Funding earned: $1.07
Price spread: −0.128% → −0.046%: −$8.27
Slippage, 4 orders: −$79.16
Fee BloFin: 6 bp × 2 orders: −$12
Fee OKX: 5 bp × 2 orders: −$10
Net: −$108.36
Costs to cover: 1.012%
Break-even: 717.8 days

Slippage from BloFin: live order book, 31 min ago; OKX: live order book, 2 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, 31 min ago	2.89 bp	21.0 bp −$21	doesn't fit	doesn't fit	doesn't fit
Sell OKX live order book, 2 min ago	4.28 bp	25.7 bp −$26	doesn't fit	doesn't fit	doesn't fit

H on 14 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
Injective H/USDC PERP	+0.0033%	1h	0.06250	−10.829%	$1K	$1	5.5x	as long as short
BloFin H-USDTlong	+0.0095%	4h	0.07009	long leg	$593K	$117K	25x
Aster HUSDT	+0.0100%	4h	0.06999	−0.143%	$116K	$53K	5x	as long as short
Binance HUSDT	+0.0100%	4h	0.07000	−0.123%	$15.0M	$10.5M	10x	as long as short
Bybit HUSDT	+0.0100%	4h	0.06987	−0.314%	$7.6M	$4.6M	13x	as long as short
OKX H-USDT-SWAPshort	+0.0100%	4h	0.07000	−0.128%	$1.8M	$5.9M	10x
Gate H_USDT	+0.0100%	4h	0.06990	−0.271%	$2.9M	$1.9M	10x	as long as short
MEXC H_USDT	+0.0100%	4h	0.06996	−0.185%	$6.3M	$1.1M	20x	as long as short
KuCoin HUSDTM	+0.0100%	4h	0.06991	−0.257%	$1.6M	$10.1M	8x	as long as short
Bitget HUSDT	+0.0100%	4h	0.06976	−0.471%	$1.7M	$451K	4x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX H-USDT	+0.0100%	4h	0.07004	−0.071%	—	$2.7M	—	as long as short
Variational Omni H	+0.0100%	4h	0.06989	−0.284%	$8K	$10K	—	as long as short
GRVT H_USDT_Perp	+0.0100%	4h	0.06996	−0.185%	$1.2M	$437K	10x	as long as short
Extended H-USD	+0.0104%	1h	0.06996	−0.186%	$11K	$107K	5x	as long as short