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−0.142%7-day average −0.105% · you buy dearer than you sell
Net, funding: paid 7d − costs−$168as in the Funding arb table
Net, price: spread back to 7d avg − costs−$177as in the Price arb table
costs, in and out, $10k−$1731.732% of the position
Funding, last 7 days+0.052%+$5 on $10k
+Price spread, last 4 days (all we have)+0.046%+$5 · spread now −0.142%, 7d avg −0.105%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.036% cheaper against Bybit than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −0.105%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit BATUSDT | 0.08459 | 0.0100 | pay 0.0100% / 8h | 4h 27m | $1.1M | $475K | 25x |
| Short | OKX BAT-USDT-SWAP | 0.08447 | 0.0100 | get 0.0100% / 8h | 4h 27m | $535K | $421K | 20x |
Bybit BATUSDT
OKX BAT-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: −0.142% → −0.105%
- −$3.65
- Slippage, 4 orders
- −$152.2
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$176.85
- Costs to cover
- 1.732%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 3 min ago; OKX: live order book, 28 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, 3 min ago | 2.96 bp | 52.7 bp −$53 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 28 min ago | 2.37 bp | 33.9 bp −$34 | doesn't fit | doesn't fit | doesn't fit |
BAT on 11 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_BATUSD | −0.0521% | 1h | 0.08449 | −0.123% | $116K | $14K | 10x | as long as short |
| BloFin BAT-USDT | +0.0096% | 8h | 0.08464 | +0.059% | $100K | $26K | 50x | as long as short |
| Binance BATUSDT | +0.0100% | 8h | 0.08453 | −0.071% | $1.9M | $2.0M | 50x | as long as short |
| Bybit BATUSDTlong | +0.0100% | 8h | 0.08459 | long leg | $1.1M | $475K | 25x | |
| OKX BAT-USDT-SWAPshort | +0.0100% | 8h | 0.08447 | −0.142% | $535K | $421K | 20x | |
| Gate BAT_USDT | +0.0100% | 8h | 0.08464 | +0.059% | $83K | $35K | 25x | as long as short |
| MEXC BAT_USDT | +0.0100% | 8h | 0.08448 | −0.130% | $827K | $626K | 125x | as long as short |
| KuCoin BATUSDTM | +0.0100% | 8h | 0.08460 | +0.012% | $266K | $61K | 20x | as long as short |
| Bitget BATUSDT | +0.0100% | 8h | 0.08454 | −0.059% | $677K | $177K | 50x | as long as short |
| BingX BAT-USDT | +0.0100% | 8h | 0.08473 | +0.166% | — | $1.3M | — | as long as short |
Kraken Futures PF_BATUSD
BloFin BAT-USDT
Binance BATUSDT
Gate BAT_USDT
MEXC BAT_USDT
KuCoin BATUSDTM
Bitget BATUSDT
BingX BAT-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni BAT | +0.0100% | 8h | 0.08446 | −0.153% | $115K | $78 | — | as long as short |
Variational Omni BAT