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: OKX against Bybit−0.114%7-day average −0.087% · you buy dearer than you sell
Net, funding: paid 7d − costs−$282as in the Funding arb table
Net, price: spread back to 7d avg − costs−$285as in the Price arb table
costs, in and out, $10k−$2822.819% of the position
Funding, last 7 days−0.002%$0 on $10k
+Price spread, last 7 days+0.114%+$11 · spread now −0.114%, 7d avg −0.087%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.028% cheaper against Bybit than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.087%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit API3USDT | 0.2626 | 0.0100 | pay 0.0050% / 4h | 1h 19m | $990K | $407K | 25x |
| Short | OKX API3-USDT-SWAP | 0.2623 | 0.0100 | get 0.0050% / 4h | 1h 19m | $651K | $511K | 10x |
Bybit API3USDT
OKX API3-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against Bybit. 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: −0.114% → −0.087%
- −$2.76
- Slippage, 4 orders
- −$260.86
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$284.62
- Costs to cover
- 2.819%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 36 min ago; OKX: live order book, 42 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 Bybit live order book, 36 min ago | 5.75 bp | 73.8 bp −$74 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 42 min ago | 7.67 bp | 41.9 bp −$42 | doesn't fit | doesn't fit | doesn't fit |
API3 on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster API3USDT | +0.0100% | 4h | 0.2623 | −0.132% | $2K | $3K | 5x | as long as short |
| Binance API3USDT | +0.0100% | 4h | 0.2624 | −0.083% | $2.6M | $2.0M | 50x | as long as short |
| Bybit API3USDTlong | +0.0100% | 4h | 0.2626 | long leg | $990K | $407K | 25x | |
| OKX API3-USDT-SWAPshort | +0.0100% | 4h | 0.2623 | −0.114% | $651K | $511K | 10x | |
| Gate API3_USDT | +0.0100% | 8h | 0.2625 | −0.038% | $127K | $106K | 50x | as long as short |
| MEXC API3_USDT | +0.0100% | 4h | 0.2623 | −0.114% | $483K | $266K | 50x | as long as short |
| KuCoin API3USDTM | +0.0100% | 4h | 0.2623 | −0.114% | $1.0M | $259K | 30x | as long as short |
| Bitget API3USDT | +0.0100% | 4h | 0.2622 | −0.152% | $657K | $202K | 20x | as long as short |
| BingX API3-USDT | +0.0100% | 4h | 0.2626 | 0.000% | — | $6.7M | — | as long as short |
| Variational Omni API3 | +0.0100% | 4h | 0.2631 | +0.172% | $6K | $1 | — | as long as short |
Aster API3USDT
Binance API3USDT
Gate API3_USDT
MEXC API3_USDT
KuCoin API3USDTM
Bitget API3USDT
BingX API3-USDT
Variational Omni API3Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin API3-USDT | +0.0119% | 4h | 0.2624 | −0.076% | $136K | $28K | 50x | as long as short |
| Kraken Futures PF_API3USD | +0.0547% | 1h | 0.2641 | +0.556% | $13K | $3K | 10x | as long as short |
BloFin API3-USDT
Kraken Futures PF_API3USD