Funding you earn now, next payment 04:00 UTC−5.1832%/8h= −5675.6% APRnext payment −$64.79 per $10,000 · paid last 24h −9.701%
Price spread now: OKX against BloFin+26.032%7-day average — · you sell dearer than you buy
Net, funding: paid 7d − costs−$2,258as in the Funding arb table
Net, price: spread back to 7d avg − costs+$2,475as in the Price arb table
costs, in and out, $10k−$1291.286% of the position
Funding, last 7 days−21.294%−$2,129 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. OKX is 26.032% dearer against BloFin than usual: you sell high and buy low (spread +26.032% now, against zero (this spread has no 7-day history yet)): +$2,603 on $10k if it goes back. Holding the pair costs −$1,555 a day in funding at the current rate, which eats that in about 40 hours. At the pace of the last 7 days (−21.294% in total) that is about 8.6 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -21.294% in total (about -1110.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$64.79 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 ONE-USDT | 0.004100 | −0.1380 | get 0.0173% / 1h | 16m 30s | $801K | $2.5M | 50x |
| Short | OKX ONE-USDT-SWAP | 0.005167 | −5.3212 | pay 0.6651% / 1h | 16m 30s | $6.1M | $241.8M | 10x |
BloFin ONE-USDT
OKX ONE-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
- −$10,884.62
- Price spread: +26.032% → 0.000%
- $2,603.18
- Slippage, 4 orders
- −$106.63
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$8,410.07
- Costs to cover
- 1.286%
- Break-even
- from the start
Slippage from BloFin: live order book, 2 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, 2 min ago | 4.11 bp | 23.3 bp −$23 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 3 min ago | 1.35 bp | 40.9 bp −$41 | doesn't fit | doesn't fit | doesn't fit |
ONE on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| OKX ONE-USDT-SWAPshort | −5.3212% | 1h | 0.005167 | +26.032% | $6.1M | $241.8M | 10x | |
| Variational Omni ONE | −0.3185% | 1h | 0.004162 | +1.511% | $103K | $51K | — | as long as short |
| Aster ONEUSDT | −0.2164% | 1h | 0.004094 | −0.132% | $2.2M | $5.8M | 5x | as long as short |
| BloFin ONE-USDTlong | −0.1380% | 1h | 0.004100 | long leg | $801K | $2.5M | 50x | |
| KuCoin ONEUSDTM | −0.1032% | 1h | 0.004327 | +5.547% | $4.2M | $12.5M | 30x | as long as short |
| Gate ONE_USDT | −0.0993% | 8h | 0.004087 | −0.307% | $1.8M | $15.5M | 20x | as long as short |
| Bitget ONEUSDT | −0.0880% | 1h | 0.004130 | +0.737% | $1.9M | $32.3M | 20x | as long as short |
| Binance ONEUSDT | −0.0420% | 1h | 0.004099 | −0.005% | $14.3M | $335.9M | 50x | as long as short |
| MEXC ONE_USDT | −0.0416% | 1h | 0.004101 | +0.029% | $11.1M | $15.4M | 20x | as long as short |
| BingX ONE-USDT | −0.0016% | 1h | 0.004126 | +0.642% | — | $5.8M | — | as long as short |
Variational Omni ONE
Aster ONEUSDT
KuCoin ONEUSDTM
Gate ONE_USDT
Bitget ONEUSDT
Binance ONEUSDT
MEXC ONE_USDT
BingX ONE-USDT