Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: OKX against Bybit+0.093%7-day average −0.035% · you sell dearer than you buy
Net, funding: paid 7d − costs−$345as in the Funding arb table
Net, price: spread back to 7d avg − costs−$331as in the Price arb table
costs, in and out, $10k−$3443.437% of the position
Funding, last 7 days−0.016%−$2 on $10k
+Price spread, last 4 days (all we have)−0.093%−$9 · spread now +0.093%, 7d avg −0.035%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.128% dearer against Bybit than usual: you sell high and buy low, +$13 on $10k if it goes back to its 7-day average of −0.035%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit BANDUSDT | 0.2140 | 0.0100 | pay 0.0100% / 8h | 1h 06m | $302K | $180K | 20x |
| Short | OKX BAND-USDT-SWAP | 0.2142 | 0.0100 | get 0.0100% / 8h | 1h 06m | $229K | $408K | 10x |
Bybit BANDUSDT
OKX BAND-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: +0.093% → −0.035%
- $12.83
- Slippage, 4 orders
- −$322.65
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$330.82
- Costs to cover
- 3.437%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 28 min ago; OKX: live order book, 34 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, 28 min ago | 11.70 bp | 111.4 bp −$111 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 34 min ago | 4.68 bp | 49.3 bp −$49 | doesn't fit | doesn't fit | doesn't fit |
BAND 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_BANDUSD | −0.2125% | 1h | 0.2141 | +0.024% | $20K | $1K | 10x | as long as short |
| BloFin BAND-USDT | +0.0083% | 8h | 0.2145 | +0.234% | $74K | $7K | 50x | as long as short |
| Binance BANDUSDT | +0.0100% | 8h | 0.2141 | +0.024% | $1.3M | $1.7M | 50x | as long as short |
| Bybit BANDUSDTlong | +0.0100% | 8h | 0.2140 | long leg | $302K | $180K | 20x | |
| OKX BAND-USDT-SWAPshort | +0.0100% | 8h | 0.2142 | +0.093% | $229K | $408K | 10x | |
| Gate BAND_USDT | +0.0100% | 8h | 0.2150 | +0.467% | $198K | $62K | 20x | as long as short |
| MEXC BAND_USDT | +0.0100% | 8h | 0.2140 | 0.000% | $352K | $152K | 100x | as long as short |
| KuCoin BANDUSDTM | +0.0100% | 8h | 0.2146 | +0.280% | $748K | $58K | 30x | as long as short |
| Bitget BANDUSDT | +0.0100% | 8h | 0.2142 | +0.093% | $800K | $103K | 50x | as long as short |
| Variational Omni BAND | +0.0100% | 8h | 0.2142 | +0.098% | $7K | $963 | — | as long as short |
Kraken Futures PF_BANDUSD
BloFin BAND-USDT
Binance BANDUSDT
Gate BAND_USDT
MEXC BAND_USDT
KuCoin BANDUSDTM
Bitget BANDUSDT
Variational Omni BAND