Funding you earn now, next payment 00:00 UTC+0.0011%/8h= +1.2% APRnext payment +$0.11 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against OKX−0.194%7-day average −0.168% · you buy dearer than you sell
Net, funding: paid 7d − costs−$98as in the Funding arb table
Net, price: spread back to 7d avg − costs−$120as in the Price arb table
costs, in and out, $10k−$1181.177% of the position
Funding, last 7 days+0.196%+$20 on $10k
+Price spread, last 4 days (all we have)+0.075%+$8 · spread now −0.194%, 7d avg −0.168%
=Funding pays, the price is against you. Bybit is 0.026% cheaper against OKX than usual: you would sell low and buy high (spread −0.194% now, against its 7-day average of −0.168%). If the spread goes back, that is −$3 on $10k: about 8.0 days of funding at the current rate ($0 a day). At the pace of the last 7 days (+0.196% in total) that is about 22 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX 1INCH-USDT-SWAP | 0.1031 | 0.0089 | pay 0.0089% / 8h | 57m 59s | $700K | $749K | 20x |
| Short | Bybit 1INCHUSDT | 0.1029 | 0.0100 | get 0.0100% / 8h | 57m 59s | $3.3M | $772K | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $2.26
- Price spread: −0.194% → −0.168%
- −$2.57
- Slippage, 4 orders
- −$96.69
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$118.01
- Costs to cover
- 1.177%
- Break-even
- 372.4 days
Slippage from OKX: live order book, 18 min ago; Bybit: live order book, 4 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, 18 min ago | 1.46 bp | 25.2 bp −$25 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 4 min ago | 2.92 bp | 27.0 bp −$27 | 143.7 bp −$1,437 | doesn't fit | doesn't fit |
1INCH on 13 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX 1INCH-USD | 0.0000% | 1h | 0.1032 | +0.068% | $20K | $98 | 5x | as long as short |
| Injective 1INCH/USDC PERP | +0.0033% | 1h | 0.09766 | −5.258% | $6 | $26K | 5.5x | as long as short |
| OKX 1INCH-USDT-SWAPlong | +0.0089% | 8h | 0.1031 | long leg | $700K | $749K | 20x | |
| Binance 1INCHUSDT | +0.0100% | 8h | 0.1031 | +0.063% | $3.3M | $3.2M | 75x | as long as short |
| Bybit 1INCHUSDTshort | +0.0100% | 8h | 0.1029 | −0.194% | $3.3M | $772K | 75x | |
| Gate 1INCH_USDT | +0.0100% | 8h | 0.1031 | −0.029% | $256K | $35K | 50x | as long as short |
| MEXC 1INCH_USDT | +0.0100% | 8h | 0.1031 | +0.058% | $839K | $173K | 200x | as long as short |
| KuCoin 1INCHUSDTM | +0.0100% | 8h | 0.1031 | +0.019% | $529K | $178K | 30x | as long as short |
| Bitget 1INCHUSDT | +0.0100% | 8h | 0.1031 | +0.029% | $501K | $372K | 75x | as long as short |
| BingX 1INCH-USDT | +0.0100% | 8h | 0.1031 | +0.010% | — | $40.6M | — | as long as short |
Show all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni 1INCH | +0.0100% | 8h | 0.1027 | −0.338% | $36K | $139 | — | as long as short |
| BloFin 1INCH-USDT | +0.0112% | 8h | 0.1030 | −0.058% | $228K | $11K | 75x | as long as short |
| Kraken Futures PF_1INCHUSD | +0.0621% | 1h | 0.1034 | +0.274% | $65K | $3K | 10x | as long as short |
OKX 1INCH-USDT-SWAP
Bybit 1INCHUSDT
Injective 1INCH/USDC PERP
Binance 1INCHUSDT
Gate 1INCH_USDT
MEXC 1INCH_USDT
KuCoin 1INCHUSDTM
Bitget 1INCHUSDT
BingX 1INCH-USDT
Variational Omni 1INCH
BloFin 1INCH-USDT
Kraken Futures PF_1INCHUSD