Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.003%
Price spread now: Bybit against OKX+0.160%7-day average +0.087% · you sell dearer than you buy
Net, funding: paid 7d − costs−$119as in the Funding arb table
Net, price: spread back to 7d avg − costs−$125as in the Price arb table
costs, in and out, $10k−$1331.325% of the position
Funding, last 7 days+0.135%+$14 on $10k
+Price spread, last 7 days−0.021%−$2 · spread now +0.160%, 7d avg +0.087%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.073% dearer against OKX than usual: you sell high and buy low, +$7 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 | OKX BICO-USDT-SWAP | 0.02252 | 0.0100 | pay 0.0050% / 4h | 2h 47m | $1.8M | $5.3M | 20x |
| Short | Bybit BICOUSDT | 0.02256 | 0.0100 | get 0.0100% / 8h | 2h 47m | $2.4M | $3.7M | 20x |
OKX BICO-USDT-SWAP
Bybit BICOUSDTFunding 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: +0.160% → +0.087%
- $7.27
- Slippage, 4 orders
- −$111.54
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$125.28
- Costs to cover
- 1.325%
- Break-even
- never at this rate
Slippage from OKX: live order book, 5 min ago; Bybit: live order book, 5 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, 5 min ago | 2.22 bp | 25.1 bp −$25 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 5 min ago | 2.21 bp | 41.5 bp −$42 | 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 | 0.02254 | +0.083% | $94K | $20K | 5x | as long as short |
| Binance BICOUSDT | +0.0100% | 8h | 0.02252 | 0.000% | $4.1M | $8.6M | 20x | as long as short |
| Bybit BICOUSDTshort | +0.0100% | 8h | 0.02256 | +0.160% | $2.4M | $3.7M | 20x | |
| OKX BICO-USDT-SWAPlong | +0.0100% | 4h | 0.02252 | long leg | $1.8M | $5.3M | 20x | |
| MEXC BICO_USDT | +0.0100% | 8h | 0.02252 | 0.000% | $1.8M | $1.0M | 50x | as long as short |
| KuCoin BICOUSDTM | +0.0100% | 8h | 0.02253 | +0.044% | $998K | $1.2M | 20x | as long as short |
| Bitget BICOUSDT | +0.0100% | 8h | 0.02252 | 0.000% | $646K | $453K | 10x | as long as short |
| BingX BICO-USDT | +0.0100% | 8h | 0.02253 | +0.044% | — | $1.7M | — | as long as short |
| Variational Omni BICO | +0.0100% | 8h | 0.02252 | +0.012% | $16K | $4K | — | as long as short |
| Gate BICO_USDT | +0.0202% | 8h | 0.02253 | +0.044% | $403K | $311K | 20x | as long as short |
Aster BICOUSDT
Binance BICOUSDT
MEXC BICO_USDT
KuCoin BICOUSDTM
Bitget BICOUSDT
BingX BICO-USDT
Variational Omni BICO
Gate BICO_USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_BICOUSD | +0.5162% | 1h | 0.02257 | +0.242% | $41K | $45K | 20x | as long as short |
Kraken Futures PF_BICOUSD