Funding you earn now, next payment 08:00 UTC−0.0123%/8h= −13.5% APRnext payment −$0.62 per $10,000 · paid last 24h −0.161%
Price spread now: BloFin against OKX+0.081%93s7-day average −0.030% · you sell dearer than you buy
Net, funding: paid 7d − costs−$70as 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−$670.666% of the position
Funding, last 7 days−0.029%−$3 on $10k
+Price spread, last 4 days (all we have)+0.067%+$7 · spread now +0.081%, 7d avg −0.030%
=The price spread pays, funding is against you. BloFin is 0.111% dearer against OKX than usual: you sell high and buy low (spread +0.081% now, against its 7-day average of −0.030%): +$11 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 3.0 days. At the pace of the last 7 days (−0.029% in total) that is about 27 days. The two prices were read 93 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 LA-USDT-SWAP | 0.07433 | 0.0100 | pay 0.0050% / 4h | 1h 01m | $1.4M | $2.8M | 20x |
| Short | BloFin LA-USDT | 0.07439 | −0.0023 | pay 0.0012% / 4h | 1h 01m | $248K | $20K | 25x |
OKX LA-USDT-SWAP
BloFin LA-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
- −$25.85
- Price spread: +0.081% → −0.030%
- $11.07
- Slippage, 4 orders
- −$44.63
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$81.41
- Costs to cover
- 0.666%
- Break-even
- never at this rate
Slippage from OKX: live order book, 5 min ago; BloFin: live order book, 10 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, 5 min ago | 2.01 bp | 22.2 bp −$22 | 579.2 bp −$5,792 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 10 min ago | 4.70 bp | 12.0 bp −$12 | 24.6 bp −$246 | 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 | −0.0264% | 4h | 0.07431 | −0.027% | $2.0M | $437K | 25x | as long as short |
| BingX LA-USDT | −0.0264% | 4h | 0.07436 | +0.040% | — | $6.6M | — | as long as short |
| Gate LA_USDT | −0.0082% | 4h | 0.07436 | +0.040% | $227K | $829K | 50x | as long as short |
| Aster LAUSDT | −0.0070% | 4h | 0.07438 | +0.069% | $51K | $25K | 5x | as long as short |
| BloFin LA-USDTshort | −0.0023% | 4h | 0.07439 | +0.081% | $248K | $20K | 25x | |
| KuCoin LAUSDTM | +0.0032% | 4h | 0.07434 | +0.013% | $1.0M | $77K | 30x | as long as short |
| MEXC LA_USDT | +0.0034% | 4h | 0.07438 | +0.067% | $387K | $136K | 50x | as long as short |
| Binance LAUSDT | +0.0041% | 4h | 0.07437 | +0.059% | $4.8M | $9.3M | 25x | as long as short |
| Bybit LAUSDT | +0.0100% | 4h | 0.07439 | +0.081% | $2.4M | $2.5M | 25x | as long as short |
| OKX LA-USDT-SWAPlong | +0.0100% | 4h | 0.07433 | long leg | $1.4M | $2.8M | 20x |
Bitget LAUSDT
BingX LA-USDT
Gate LA_USDT
Aster LAUSDT
KuCoin LAUSDTM
MEXC LA_USDT
Binance LAUSDT
Bybit LAUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT LA_USDT_Perp | +0.0100% | 4h | 0.07450 | +0.229% | $143K | $433K | 10x | as long as short |
GRVT LA_USDT_Perp