Funding you earn now, next payment 00:00 UTC−0.0001%/8h= −0.1% APRpaid last 24h −0.003%
Price spread now: OKX against Bybit−0.066%7-day average −0.087% · you buy dearer than you sell
Net, funding: paid 7d − costs−$184as in the Funding arb table
Net, price: spread back to 7d avg − costs−$169as in the Price arb table
costs, in and out, $10k−$1711.708% of the position
Funding, last 7 days−0.135%−$14 on $10k
+Price spread, last 7 days−0.072%−$7 · spread now −0.066%, 7d avg −0.087%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.020% dearer against Bybit than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of −0.087%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit BICOUSDT | 0.02257 | 0.0101 | pay 0.0101% / 8h | 1h 10m | $2.4M | $3.7M | 20x |
| Short | OKX BICO-USDT-SWAP | 0.02255 | 0.0100 | get 0.0050% / 4h | 1h 10m | $1.8M | $5.3M | 20x |
Bybit BICOUSDT
OKX BICO-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
- −$0.11
- Price spread: −0.066% → −0.087%
- $2.03
- Slippage, 4 orders
- −$149.78
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$168.86
- Costs to cover
- 1.708%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 2 min ago; OKX: live order book, 2 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 | 3.77 bp | 68.0 bp −$68 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 2 min ago | 2.22 bp | 25.0 bp −$25 | doesn't fit | doesn't fit | doesn't fit |
BICO 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster BICOUSDT | +0.0100% | 8h | 0.02255 | −0.074% | $94K | $20K | 5x | as long as short |
| Binance BICOUSDT | +0.0100% | 8h | 0.02256 | −0.022% | $4.1M | $8.5M | 20x | as long as short |
| OKX BICO-USDT-SWAPshort | +0.0100% | 4h | 0.02255 | −0.066% | $1.8M | $5.3M | 20x | |
| MEXC BICO_USDT | +0.0100% | 8h | 0.02255 | −0.066% | $1.8M | $1.0M | 50x | as long as short |
| KuCoin BICOUSDTM | +0.0100% | 8h | 0.02255 | −0.066% | $997K | $1.2M | 20x | as long as short |
| Bitget BICOUSDT | +0.0100% | 8h | 0.02256 | −0.022% | $652K | $458K | 10x | as long as short |
| Variational Omni BICO | +0.0100% | 8h | 0.02257 | +0.043% | $16K | $5K | — | as long as short |
| Bybit BICOUSDTlong | +0.0101% | 8h | 0.02257 | long leg | $2.4M | $3.7M | 20x | |
| BingX BICO-USDT | +0.0101% | 8h | 0.02253 | −0.155% | — | $1.7M | — | as long as short |
| Gate BICO_USDT | +0.0276% | 8h | 0.02254 | −0.111% | $403K | $311K | 20x | as long as short |
Aster BICOUSDT
Binance BICOUSDT
MEXC BICO_USDT
KuCoin BICOUSDTM
Bitget BICOUSDT
Variational Omni BICO
BingX BICO-USDT
Gate BICO_USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_BICOUSD | +0.2617% | 1h | 0.02264 | +0.343% | $41K | $47K | 20x | as long as short |
Kraken Futures PF_BICOUSD