Funding you earn now, next payment 08:00 UTC+0.0027%/8h= +2.9% APRnext payment +$0.27 per $10,000 · paid last 24h −0.050%
Price spread now: OKX against BloFin+0.149%113s7-day average +0.001% · you sell dearer than you buy
Net, funding: paid 7d − costs−$95as 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−$940.941% of the position
Funding, last 7 days−0.010%−$1 on $10k
+Price spread, last 4 days (all we have)−0.221%−$22 · spread now +0.149%, 7d avg +0.001%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and OKX is 0.148% dearer against BloFin than usual: you sell high and buy low: +$15 more if the spread goes back to its 7-day average of +0.001%. 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 AMAT-USDT | 461.98 | −0.0027 | get 0.0027% / 8h | 3h 03m | $108K | $105K | 20x |
| Short | OKX AMAT-USDT-SWAP | 462.67 | 0 | get 0.0000% / 8h | 3h 03m | $1.4M | $1.6M | 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
- $5.61
- Price spread: +0.149% → +0.001%
- $14.83
- Slippage, 4 orders
- −$72.11
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$73.68
- Costs to cover
- 0.941%
- Break-even
- 99.0 days
Slippage from BloFin: live order book, 15 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, 15 min ago | 0.65 bp | 12.0 bp −$12 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 3 min ago | 1.73 bp | 40.0 bp −$40 | doesn't fit | doesn't fit | doesn't fit |
AMAT on 16 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 AMATUSDT | −0.0105% | 8h | 462.00 | +0.004% | $2.0M | $1.8M | 20x | as long as short |
| BloFin AMAT-USDTlong | −0.0027% | 8h | 461.98 | long leg | $108K | $105K | 20x | |
| Aster AMATUSDT | 0.0000% | 8h | 461.97 | −0.002% | $10K | $11K | 20x | as long as short |
| Extended AMAT-USD | 0.0000% | 1h | 461.37 | −0.132% | $5K | $27K | 10x | as long as short |
| Binance AMATUSDT | 0.0000% | 8h | 461.50 | −0.104% | $8.5M | $13.3M | 20x | as long as short |
| Bybit AMATUSDT | 0.0000% | 8h | 461.48 | −0.108% | $864K | $674K | 25x | as long as short |
| OKX AMAT-USDT-SWAPshort | 0.0000% | 8h | 462.67 | +0.149% | $1.4M | $1.6M | 20x | |
| Gate AMAT_USDT | 0.0000% | 8h | 461.80 | −0.039% | $1.5M | $6.5M | 50x | as long as short |
| Variational Omni AMAT | 0.0000% | 8h | 462.54 | +0.121% | $64K | $44K | — | as long as short |
| GRVT AMAT_USDT_Perp | 0.0000% | 8h | 461.94 | −0.009% | $65 | $103K | 10x | as long as short |
Show all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest AMAT-USD-PERP | +0.0046% | 1h | 461.96 | −0.004% | — | — | 10x | as long as short |
| tradeXYZ xyz:AMAT | +0.0050% | 1h | 461.61 | −0.080% | $2.5M | $2.2M | 10x | as long as short |
| KuCoin AMATUSDTM | +0.0100% | 8h | 461.62 | −0.078% | $402K | $547K | 20x | as long as short |
| SunX AMAT-USDT | +0.0100% | 8h | 463.29 | +0.284% | $1K | $373K | 10x | as long as short |
| HTX AMAT-USDT | +0.0100% | 8h | 463.20 | +0.264% | $169K | $39K | 20x | as long as short |
| Phoenix AMAT | +0.0222% | 1h | 462.47 | +0.106% | $19K | $110K | 10x | as long as short |
BloFin AMAT-USDT
OKX AMAT-USDT-SWAP
Bitget AMATUSDT
Aster AMATUSDT
Extended AMAT-USD
Binance AMATUSDT
Bybit AMATUSDT
Gate AMAT_USDT
Variational Omni AMAT
GRVT AMAT_USDT_Perp
tradeXYZ xyz:AMAT
KuCoin AMATUSDTM
SunX AMAT-USDT
HTX AMAT-USDT
Phoenix AMAT