Funding you earn now, next payment 04:00 UTC+0.1136%/8h= +124.4% APRnext payment +$5.68 per $10,000 · paid last 24h +0.075%
Price spread now: Bybit against OKX+0.050%7-day average +0.054% · you sell dearer than you buy
Net, funding: paid 7d − costs−$347as in the Funding arb table
Net, price: spread back to 7d avg − costs−$357as in the Price arb table
costs, in and out, $10k−$3563.563% of the position
Funding, last 7 days+0.092%+$9 on $10k
+Price spread, last 7 days−0.007%−$1 · spread now +0.050%, 7d avg +0.054%
=The price spread sits at its 7-day average of +0.054%, so right now this pair is about funding alone: +$34 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.092% in total (about 4.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$5.68 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX ARX-USDT-SWAP | 0.2008 | 0.0411 | pay 0.0206% / 4h | 3h 41m | $724K | $3.0M | 20x |
| Short | Bybit ARXUSDT | 0.2009 | 0.1547 | get 0.0774% / 4h | 3h 41m | $4.0M | $2.3M | 20x |
OKX ARX-USDT-SWAP
Bybit ARXUSDTFunding 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
- $238.49
- Price spread: +0.050% → +0.054%
- −$0.43
- Slippage, 4 orders
- −$335.34
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$118.27
- Costs to cover
- 3.563%
- Break-even
- 10.5 days
Slippage from OKX: live order book, 5 min ago; Bybit: live order book, 1 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, 5 min ago | 5.01 bp | 40.7 bp −$41 | 3001.1 bp −$30.0K | doesn't fit | doesn't fit |
| Sell Bybit live order book, 1 min ago | 7.48 bp | 142.1 bp −$142 | doesn't fit | doesn't fit | doesn't fit |
ARX on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate ARX_USDT | +0.0100% | 4h | 0.2012 | +0.199% | $1.0M | $412K | 20x | as long as short |
| KuCoin ARXUSDTM | +0.0100% | 4h | 0.2002 | −0.294% | $709K | $738K | 20x | as long as short |
| Bitget ARXUSDT | +0.0310% | 4h | 0.2005 | −0.139% | $1.9M | $1.7M | 20x | as long as short |
| BloFin ARX-USDT | +0.0408% | 4h | 0.2008 | 0.000% | $236K | $49K | 20x | as long as short |
| OKX ARX-USDT-SWAPlong | +0.0411% | 4h | 0.2008 | long leg | $724K | $3.0M | 20x | |
| MEXC ARX_USDT | +0.0442% | 4h | 0.2005 | −0.149% | $859K | $416K | 20x | as long as short |
| Binance ARXUSDT | +0.0468% | 4h | 0.2007 | −0.058% | $5.4M | $11.3M | 20x | as long as short |
| BingX ARX-USDT | +0.0579% | 4h | 0.2007 | −0.050% | — | $1.7M | — | as long as short |
| Aster ARXUSDT | +0.0635% | 4h | 0.2005 | −0.149% | $80K | $99K | 10x | as long as short |
| Bybit ARXUSDTshort | +0.1547% | 4h | 0.2009 | +0.050% | $4.0M | $2.3M | 20x |
Gate ARX_USDT
KuCoin ARXUSDTM
Bitget ARXUSDT
BloFin ARX-USDT
MEXC ARX_USDT
Binance ARXUSDT
BingX ARX-USDT
Aster ARXUSDT