Settings8H · net · $10k
Funding arb · Price arb /

API3

all API3 markets
SwapBacktest
Alert: funding
Alert: spread
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+0.038%7-day average +0.087% · you sell dearer than you buy
Net, funding: paid 7d − costs−$282as in the Funding arb table
Net, price: spread back to 7d avg − costs−$287as in the Price arb table
costs, in and out, $10k−$2822.819% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.002%$0 on $10k
Price spread, last 7 days−0.038%−$4 · spread now +0.038%, 7d avg +0.087%
Together, before fees−0.036%−$4 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.048% cheaper against OKX than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.087%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX API3-USDT-SWAP0.26130.0100pay 0.0050% / 4h1h 42m$649K$506K10x
ShortBybit API3USDT0.26140.0100get 0.0050% / 4h1h 42m$992K$394K25x

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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: +0.038% → +0.087%
−$4.84
Slippage, 4 orders
−$260.86
Fee OKX: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$286.7
Costs to cover
2.819%
Break-even
never at this rate
Slippage from OKX: live order book, 19 min ago; Bybit: live order book, 13 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy OKX live order book, 19 min ago7.67 bp46.0 bp −$46doesn't fitdoesn't fitdoesn't fit
Sell Bybit live order book, 13 min ago5.75 bp120.2 bp −$120doesn't fitdoesn't fitdoesn't fit

API3 on 12 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster API3USDT+0.0100%4h0.2612−0.019%$2K$3K5xas long as short
Binance API3USDT+0.0100%4h0.2610−0.110%$2.6M$2.0M50xas long as short
Bybit API3USDTshort+0.0100%4h0.2614+0.038%$992K$394K25x
OKX API3-USDT-SWAPlong+0.0100%4h0.2613long leg$649K$506K10x
Gate API3_USDT+0.0100%8h0.2612−0.038%$126K$103K50xas long as short
MEXC API3_USDT+0.0100%4h0.2612−0.038%$482K$259K50xas long as short
KuCoin API3USDTM+0.0100%4h0.2610−0.115%$1.0M$271K30xas long as short
Bitget API3USDT+0.0100%4h0.2612−0.038%$655K$202K20xas long as short
BingX API3-USDT+0.0100%4h0.2611−0.077%$6.7Mas long as short
Variational Omni API3+0.0100%4h0.2606−0.285%$6K$1as long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin API3-USDT+0.0113%4h0.2610−0.115%$136K$28K50xas long as short
Kraken Futures PF_API3USD+0.0552%1h0.2614+0.026%$13K$2K10xas long as short