Settings8H · net · $10k
Funding arb · Price arb /

SPACE

all SPACE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0054%/8h= +5.9% APRnext payment +$0.27 per $10,000 · paid last 24h −0.005%
Price spread now: BloFin against OKX+0.464%7-day average +0.220% · you sell dearer than you buy
Net, funding: paid 7d − costs−$146as in the Funding arb table
Net, price: spread back to 7d avg − costs−$123as in the Price arb table
costs, in and out, $10k−$1481.476% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.015%+$2 on $10k
Price spread, last 4 days (all we have)−0.289%−$29 · spread now +0.464%, 7d avg +0.220%
Together, before fees−0.274%−$27 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and BloFin is 0.244% dearer against OKX than usual: you sell high and buy low: +$24 more if the spread goes back to its 7-day average of +0.220%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX SPACE-USDT-SWAP0.0051710.0100pay 0.0050% / 4h3h 26m$1.6M$1.3M20x
ShortBloFin SPACE-USDT0.0051950.0154get 0.0077% / 4h3h 26m$161K$10K50x

Funding 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$11.32
Price spread: +0.464% → +0.220%
$24.39
Slippage, 4 orders
−$125.62
Fee OKX: 5 bp × 2 orders
−$10
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$111.91
Costs to cover
1.476%
Break-even
76.2 days
Slippage from OKX: live order book, 5 min ago; BloFin: live order book, 63 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy OKX live order book, 5 min ago1.93 bp45.9 bp −$46doesn't fitdoesn't fitdoesn't fit
Sell BloFin live order book, 63 min ago5.82 bp36.9 bp −$37132.4 bp −$1,324doesn't fitdoesn't fit

SPACE on 9 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance SPACEUSDT+0.0100%4h0.005182+0.213%$1.9M$2.2M50xas long as short
Bybit SPACEUSDT+0.0100%4h0.005172+0.019%$802K$195K13xas long as short
OKX SPACE-USDT-SWAPlong+0.0100%4h0.005171long leg$1.6M$1.3M20x
Gate SPACE_USDT+0.0100%4h0.005174+0.058%$780K$345K20xas long as short
MEXC SPACE_USDT+0.0100%4h0.005186+0.290%$433K$153K20xas long as short
KuCoin SPACEUSDTM+0.0100%4h0.005179+0.155%$657K$100K20xas long as short
Bitget SPACEUSDT+0.0108%4h0.005178+0.135%$908K$248K20xas long as short
BloFin SPACE-USDTshort+0.0154%4h0.005195+0.464%$161K$10K50x
Aster SPACEUSDT+0.0817%4h0.005176+0.097%$17K$32K5xas long as short