BARD

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0153%/8h= +16.8% APRnext payment +$0.77 per $10,000 · paid last 24h +0.013%

Price spread now: OKX against Bybit−0.133%7-day average −0.092% · you buy dearer than you sell

Net, funding: paid 7d − costs−$236as in the Funding arb table

Net, price: spread back to 7d avg − costs−$251as in the Price arb table

costs, in and out, $10k−$2472.471% of the position

Long on Bybit Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.109%+$11 on $10k

Price spread, last 7 days+0.018%+$2 · spread now −0.133%, 7d avg −0.092%

Together, before fees+0.127%+$13 on $10k · with fees, hour by hour

Funding pays, the price is against you. OKX is 0.040% cheaper against Bybit than usual: you would sell low and buy high (spread −0.133% now, against its 7-day average of −0.092%). If the spread goes back, that is −$4 on $10k: about 21 hours of funding at the current rate (+$5 a day). At the pace of the last 7 days (+0.109% in total) that is about 2.6 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit BARDUSDT	0.1357	−0.0053	get 0.0027% / 4h	2h 38m	$1.0M	$355K	25x
Short	OKX BARD-USDT-SWAP	0.1355	0.0100	get 0.0050% / 4h	2h 38m	$709K	$915K	20x

Funding 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 it

latest

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

Profit calculator

Position, each leg$Hold fordaysFee BybitbpFee OKXbpOrdersPrice spread, now −0.133%Rate

Funding earned: $32.16
Price spread: −0.133% → −0.092%: −$4.02
Slippage, 4 orders: −$226.06
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee OKX: 5 bp × 2 orders: −$10
Net: −$218.91
Costs to cover: 2.471%
Break-even: 54.7 days

Slippage from Bybit: live order book, 2 min ago; OKX: live order book, 8 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, 2 min ago	4.79 bp	112.1 bp −$112	doesn't fit	doesn't fit	doesn't fit
Sell OKX live order book, 8 min ago	3.66 bp	26.1 bp −$26	doesn't fit	doesn't fit	doesn't fit

BARD 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
Bybit BARDUSDTlong	−0.0053%	4h	0.1357	long leg	$1.0M	$355K	25x
GRVT BARD_USDT_Perp	−0.0034%	4h	0.1360	+0.212%	$141K	$520K	10x	as long as short
BingX BARD-USDT	+0.0030%	4h	0.1356	−0.059%	—	$6.5M	—	as long as short
Aster BARDUSDT	+0.0100%	4h	0.1358	+0.100%	$18K	$15K	5x	as long as short
Binance BARDUSDT	+0.0100%	4h	0.1356	−0.032%	$2.2M	$1.7M	25x	as long as short
OKX BARD-USDT-SWAPshort	+0.0100%	4h	0.1355	−0.133%	$709K	$915K	20x
Gate BARD_USDT	+0.0100%	4h	0.1357	+0.015%	$191K	$30K	20x	as long as short
MEXC BARD_USDT	+0.0100%	4h	0.1356	−0.059%	$709K	$183K	50x	as long as short
KuCoin BARDUSDTM	+0.0100%	4h	0.1357	+0.007%	$104K	$56K	25x	as long as short
Bitget BARDUSDT	+0.0100%	4h	0.1356	−0.059%	$1.0M	$107K	20x	as long as short

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni BARD	+0.0100%	4h	0.1358	+0.113%	$12K	$1	—	as long as short
BloFin BARD-USDT	+0.0146%	4h	0.1356	−0.059%	$117K	$5K	25x	as long as short