Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.019%
Price spread now: Bybit against OKX+0.117%7-day average +0.112% · you sell dearer than you buy
Net, funding: paid 7d − costs−$180as in the Funding arb table
Net, price: spread back to 7d avg − costs−$185as in the Price arb table
costs, in and out, $10k−$1861.860% of the position
Funding, last 7 days+0.060%+$6 on $10k
+Price spread, last 4 days (all we have)+0.017%+$2 · spread now +0.117%, 7d avg +0.112%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX ANIME-USDT-SWAP | 0.003423 | 0.0100 | pay 0.0050% / 4h | 3h 40m | $444K | $727K | 20x |
| Short | Bybit ANIMEUSDT | 0.003427 | 0.0100 | get 0.0050% / 4h | 3h 40m | $724K | $369K | 25x |
OKX ANIME-USDT-SWAP
Bybit ANIMEUSDTFunding 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: +0.117% → +0.112%
- $0.51
- Slippage, 4 orders
- −$164.99
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$185.49
- Costs to cover
- 1.860%
- Break-even
- never at this rate
Slippage from OKX: live order book, 56 min ago; Bybit: live order book, 55 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, 56 min ago | 1.46 bp | 28.6 bp −$29 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 55 min ago | 1.45 bp | 62.5 bp −$62 | 214.4 bp −$2,144 | doesn't fit | doesn't fit |
ANIME 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ANIMEUSD | −0.0217% | 1h | 0.003426 | +0.085% | $28K | $12K | 10x | as long as short |
| Hyperliquid ANIME | +0.0100% | 1h | 0.003424 | +0.029% | $302K | $95K | 3x | as long as short |
| Aster ANIMEUSDT | +0.0100% | 4h | 0.003429 | +0.184% | $28K | $3K | 5x | as long as short |
| Binance ANIMEUSDT | +0.0100% | 4h | 0.003425 | +0.072% | $1.3M | $1.9M | 20x | as long as short |
| Bybit ANIMEUSDTshort | +0.0100% | 4h | 0.003427 | +0.117% | $724K | $369K | 25x | |
| OKX ANIME-USDT-SWAPlong | +0.0100% | 4h | 0.003423 | long leg | $444K | $727K | 20x | |
| Gate ANIME_USDT | +0.0100% | 4h | 0.003425 | +0.058% | $145K | $50K | 25x | as long as short |
| MEXC ANIME_USDT | +0.0100% | 4h | 0.003426 | +0.088% | $205K | $86K | 20x | as long as short |
| KuCoin ANIMEUSDTM | +0.0100% | 4h | 0.003426 | +0.088% | $410K | $85K | 20x | as long as short |
| Bitget ANIMEUSDT | +0.0100% | 4h | 0.003425 | +0.058% | $856K | $154K | 10x | as long as short |
Kraken Futures PF_ANIMEUSD
Hyperliquid ANIME
Aster ANIMEUSDT
Binance ANIMEUSDT
Gate ANIME_USDT
MEXC ANIME_USDT
KuCoin ANIMEUSDTM
Bitget ANIMEUSDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX ANIME-USDT | +0.0100% | 4h | 0.003426 | +0.088% | — | $6.5M | — | as long as short |
| Variational Omni ANIME | +0.0100% | 4h | 0.003426 | +0.100% | $12K | $953 | — | as long as short |
| GMX ANIME/USD [ANIME-USDC] | L +0.0497% / S −0.2017% | 1h | 0.003427 | +0.117% | $837 | — | 100x | as long as short |
BingX ANIME-USDT
Variational Omni ANIME
GMX ANIME/USD [ANIME-USDC]