Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against OKX+0.226%7-day average +0.106% · you sell dearer than you buy
Net, funding: paid 7d − costs−$162as in the Funding arb table
Net, price: spread back to 7d avg − costs−$145as in the Price arb table
costs, in and out, $10k−$1571.565% of the position
Funding, last 7 days−0.052%−$5 on $10k
+Price spread, last 4 days (all we have)−0.143%−$14 · spread now +0.226%, 7d avg +0.106%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.120% dearer against OKX than usual: you sell high and buy low, +$12 on $10k if it goes back to its 7-day average of +0.106%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX BAT-USDT-SWAP | 0.08416 | 0.0100 | pay 0.0100% / 8h | 32m 38s | $533K | $477K | 20x |
| Short | Bybit BATUSDT | 0.08435 | 0.0100 | get 0.0100% / 8h | 32m 38s | $1.1M | $468K | 25x |
OKX BAT-USDT-SWAP
Bybit BATUSDTFunding 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
- $0
- Price spread: +0.226% → +0.106%
- $11.97
- Slippage, 4 orders
- −$135.55
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$144.58
- Costs to cover
- 1.565%
- Break-even
- never at this rate
Slippage from OKX: live order book, 43 min ago; Bybit: live order book, 3 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, 43 min ago | 1.78 bp | 33.8 bp −$34 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 3 min ago | 4.16 bp | 39.7 bp −$40 | 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 | −0.0773% | 1h | 0.08428 | +0.146% | $117K | $15K | 10x | as long as short |
| BloFin BAT-USDT | +0.0097% | 8h | 0.08426 | +0.119% | $100K | $21K | 50x | as long as short |
| Binance BATUSDT | +0.0100% | 8h | 0.08427 | +0.131% | $1.9M | $2.1M | 50x | as long as short |
| Bybit BATUSDTshort | +0.0100% | 8h | 0.08435 | +0.226% | $1.1M | $468K | 25x | |
| OKX BAT-USDT-SWAPlong | +0.0100% | 8h | 0.08416 | long leg | $533K | $477K | 20x | |
| Gate BAT_USDT | +0.0100% | 8h | 0.08439 | +0.273% | $84K | $53K | 25x | as long as short |
| MEXC BAT_USDT | +0.0100% | 8h | 0.08430 | +0.166% | $878K | $625K | 125x | as long as short |
| KuCoin BATUSDTM | +0.0100% | 8h | 0.08440 | +0.285% | $266K | $61K | 20x | as long as short |
| Bitget BATUSDT | +0.0100% | 8h | 0.08432 | +0.190% | $681K | $182K | 50x | as long as short |
| BingX BAT-USDT | +0.0100% | 8h | 0.08428 | +0.143% | — | $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 | 0.08418 | +0.018% | $115K | $78 | — | as long as short |
Variational Omni BAT