Funding you earn now, next payment 08:00 UTC+0.0278%/8h= +30.4% APRnext payment +$1.39 per $10,000 · paid last 24h +0.161%
Price spread now: OKX against BloFin+0.108%103s7-day average +0.027% · you sell dearer than you buy
Net, funding: paid 7d − costs−$76as 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−$780.785% of the position
Funding, last 7 days+0.029%+$3 on $10k
+Price spread, last 4 days (all we have)−0.288%−$29 · spread now +0.108%, 7d avg +0.027%
=Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and OKX is 0.081% dearer against BloFin than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of +0.027%. The two prices were read 103 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.029% in total (about 1.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.39 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 | BloFin LA-USDT | 0.07408 | −0.0178 | get 0.0089% / 4h | 3h 19m | $245K | $20K | 25x |
| Short | OKX LA-USDT-SWAP | 0.07416 | 0.0100 | get 0.0050% / 4h | 3h 19m | $1.3M | $3.0M | 20x |
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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $58.35
- Price spread: +0.108% → +0.027%
- $8.06
- Slippage, 4 orders
- −$56.48
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$12.07
- Costs to cover
- 0.785%
- Break-even
- 8.4 days
Slippage from BloFin: live order book, 72 min ago; OKX: live order book, 3 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, 72 min ago | 0.67 bp | 17.6 bp −$18 | 44.7 bp −$447 | doesn't fit | doesn't fit |
| Sell OKX live order book, 3 min ago | 1.35 bp | 18.9 bp −$19 | doesn't fit | doesn't fit | doesn't fit |
LA 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget LAUSDT | −0.0550% | 4h | 0.07413 | +0.067% | $2.0M | $477K | 25x | as long as short |
| BingX LA-USDT | −0.0544% | 4h | 0.07420 | +0.162% | — | $6.6M | — | as long as short |
| Aster LAUSDT | −0.0304% | 4h | 0.07419 | +0.150% | $51K | $25K | 5x | as long as short |
| BloFin LA-USDTlong | −0.0178% | 4h | 0.07408 | long leg | $245K | $20K | 25x | |
| MEXC LA_USDT | −0.0174% | 4h | 0.07423 | +0.202% | $376K | $134K | 50x | as long as short |
| Binance LAUSDT | −0.0170% | 4h | 0.07422 | +0.184% | $4.7M | $9.7M | 25x | as long as short |
| KuCoin LAUSDTM | −0.0084% | 4h | 0.07421 | +0.175% | $1.0M | $82K | 30x | as long as short |
| Bybit LAUSDT | +0.0100% | 4h | 0.07428 | +0.270% | $2.4M | $2.6M | 25x | as long as short |
| OKX LA-USDT-SWAPshort | +0.0100% | 4h | 0.07416 | +0.108% | $1.3M | $3.0M | 20x | |
| Gate LA_USDT | +0.0100% | 4h | 0.07419 | +0.148% | $238K | $829K | 50x | as long as short |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT LA_USDT_Perp | +0.0100% | 4h | 0.07412 | +0.057% | $146K | $467K | 10x | as long as short |
BloFin LA-USDT
OKX LA-USDT-SWAP
Bitget LAUSDT
BingX LA-USDT
Aster LAUSDT
MEXC LA_USDT
Binance LAUSDT
KuCoin LAUSDTM
Bybit LAUSDT
Gate LA_USDT
GRVT LA_USDT_Perp