Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against OKX−0.181%7-day average −0.120% · you buy dearer than you sell
Net, funding: paid 7d − costs−$171as in the Funding arb table
Net, price: spread back to 7d avg − costs−$178as in the Price arb table
costs, in and out, $10k−$1721.722% of the position
Funding, last 7 days+0.015%+$1 on $10k
+Price spread, last 7 days+0.075%+$8 · spread now −0.181%, 7d avg −0.120%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.062% cheaper against OKX than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of −0.120%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX A-USDT-SWAP | 0.09370 | 0.0100 | pay 0.0050% / 4h | 3h 19m | $733K | $525K | 10x |
| Short | Bybit AUSDT | 0.09353 | 0.0100 | get 0.0050% / 4h | 3h 19m | $3.2M | $978K | 50x |
OKX A-USDT-SWAP
Bybit AUSDTFunding 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
- $0
- Price spread: −0.181% → −0.120%
- −$6.17
- Slippage, 4 orders
- −$151.19
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$178.36
- Costs to cover
- 1.722%
- Break-even
- never at this rate
Slippage from OKX: live order book, 52 min ago; Bybit: 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 OKX live order book, 52 min ago | 4.86 bp | 35.5 bp −$36 | 5138.9 bp −$51.4K | 50505.6 bp −$5.05M | 235922.4 bp −$117.96M |
| Sell Bybit live order book, 3 min ago | 3.73 bp | 52.5 bp −$53 | 323.6 bp −$3,236 | doesn't fit | doesn't fit |
A 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective A/USDC PERP | +0.0033% | 1h | 0.08945 | −4.536% | $1K | $5 | 5.5x | as long as short |
| Binance AUSDT | +0.0100% | 4h | 0.09385 | +0.156% | $2.9M | $3.2M | 75x | as long as short |
| Bybit AUSDTshort | +0.0100% | 4h | 0.09353 | −0.181% | $3.2M | $978K | 50x | |
| OKX A-USDT-SWAPlong | +0.0100% | 4h | 0.09370 | long leg | $733K | $525K | 10x | |
| Gate A_USDT | +0.0100% | 4h | 0.09389 | +0.203% | $222K | $67K | 50x | as long as short |
| MEXC A_USDT | +0.0100% | 4h | 0.09397 | +0.288% | $4.1M | $142K | 100x | as long as short |
| KuCoin AUSDTM | +0.0100% | 4h | 0.09399 | +0.309% | $688K | $53K | 75x | as long as short |
| Bitget AUSDT | +0.0100% | 4h | 0.09394 | +0.256% | $926K | $246K | 75x | as long as short |
| BingX A-USDT | +0.0100% | 4h | 0.09389 | +0.203% | — | $6.5M | — | as long as short |
| Variational Omni A | +0.0100% | 4h | 0.09370 | 0.000% | $1K | $1 | — | as long as short |
Injective A/USDC PERP
Binance AUSDT
Gate A_USDT
MEXC A_USDT
KuCoin AUSDTM
Bitget AUSDT
BingX A-USDT
Variational Omni AShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin A-USDT | +0.0158% | 4h | 0.09393 | +0.245% | $150K | $8K | 75x | as long as short |
BloFin A-USDT