Settings8H · net · $10k
Funding arb · Price arb /

BIGTIME

all BIGTIME markets
SwapBacktest
Alert: funding
Alert: spread
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−0.134%7-day average −0.076% · you buy dearer than you sell
Net, funding: paid 7d − costs−$137as in the Funding arb table
Net, price: spread back to 7d avg − costs−$142as in the Price arb table
costs, in and out, $10k−$1361.362% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.005%−$1 on $10k
Price spread, last 4 days (all we have)+0.051%+$5 · spread now −0.134%, 7d avg −0.076%
Together, before fees+0.046%+$5 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.058% cheaper against Bybit than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of −0.076%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit BIGTIMEUSDT0.0082110.0100pay 0.0050% / 4h2h 37m$698K$653K25x
ShortOKX BIGTIME-USDT-SWAP0.0082000.0100get 0.0050% / 4h2h 37m$432K$348K10x

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

Funding earned
$0
Price spread: −0.134% → −0.076%
−$5.84
Slippage, 4 orders
−$115.25
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee OKX: 5 bp × 2 orders
−$10
Net
−$142.09
Costs to cover
1.362%
Break-even
never at this rate
Slippage from Bybit: live order book, 3 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
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 3 min ago3.66 bp27.5 bp −$28161.4 bp −$1,614doesn't fitdoesn't fit
Sell OKX live order book, 8 min ago4.24 bp33.4 bp −$33doesn't fitdoesn't fitdoesn't fit

BIGTIME on 12 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin BIGTIME-USDT+0.0051%4h0.008203−0.097%$90K$10K50xas long as short
Hyperliquid BIGTIME+0.0100%1h0.0082110.000%$126K$93K3xas long as short
Binance BIGTIMEUSDT+0.0100%4h0.008209−0.027%$1.8M$2.2M50xas long as short
Bybit BIGTIMEUSDTlong+0.0100%4h0.008211long leg$698K$653K25x
OKX BIGTIME-USDT-SWAPshort+0.0100%4h0.008200−0.134%$432K$348K10x
Gate BIGTIME_USDT+0.0100%4h0.008201−0.122%$60K$32K50xas long as short
MEXC BIGTIME_USDT+0.0100%4h0.008209−0.024%$458K$181K125xas long as short
KuCoin BIGTIMEUSDTM+0.0100%4h0.008205−0.073%$235K$30K20xas long as short
Bitget BIGTIMEUSDT+0.0100%4h0.008210−0.012%$549K$228K50xas long as short
BingX BIGTIME-USDT+0.0100%4h0.008204−0.085%$2.3Mas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni BIGTIME+0.0100%4h0.008215+0.044%$10K$555as long as short
Kraken Futures PF_BIGTIMEUSD+3.9960%1h0.008252+0.503%$8K$7K10xas long as short