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−0.111%7-day average −0.060% · you buy dearer than you sell
Net, funding: paid 7d − costs−$103as in the Funding arb table
Net, price: spread back to 7d avg − costs−$103as in the Price arb table
costs, in and out, $10k−$980.984% of the position
Funding, last 7 days−0.047%−$5 on $10k
+Price spread, last 7 days+0.044%+$4 · spread now −0.111%, 7d avg −0.060%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.051% cheaper against Bybit than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.060%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit CFXUSDT | 0.05401 | 0.0100 | pay 0.0100% / 8h | 6h 05m | $2.4M | $1.5M | 25x |
| Short | OKX CFX-USDT-SWAP | 0.05395 | 0.0100 | get 0.0100% / 8h | 6h 05m | $2.5M | $5.8M | 20x |
Bybit CFXUSDT
OKX CFX-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: −0.111% → −0.060%
- −$5.09
- Slippage, 4 orders
- −$77.36
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$103.45
- Costs to cover
- 0.984%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 1 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, 1 min ago | 1.85 bp | 35.6 bp −$36 | 1116.7 bp −$11.2K | doesn't fit | doesn't fit |
| Sell OKX live order book, 2 min ago | 0.93 bp | 12.3 bp −$12 | 60.9 bp −$609 | doesn't fit | doesn't fit |
CFX on 16 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 CFXUSDT | +0.0100% | 8h | 0.05395 | −0.112% | $5K | $43K | 5x | as long as short |
| Binance CFXUSDT | +0.0100% | 8h | 0.05396 | −0.093% | $5.4M | $10.4M | 75x | as long as short |
| Bybit CFXUSDTlong | +0.0100% | 8h | 0.05401 | long leg | $2.4M | $1.5M | 25x | |
| OKX CFX-USDT-SWAPshort | +0.0100% | 8h | 0.05395 | −0.111% | $2.5M | $5.8M | 20x | |
| Gate CFX_USDT | +0.0100% | 8h | 0.05394 | −0.130% | $1.1M | $2.6M | 50x | as long as short |
| MEXC CFX_USDT | +0.0100% | 8h | 0.05397 | −0.074% | $3.1M | $1.8M | 125x | as long as short |
| KuCoin CFXUSDTM | +0.0100% | 8h | 0.05394 | −0.130% | $883K | $284K | 75x | as long as short |
| Bitget CFXUSDT | +0.0100% | 8h | 0.05395 | −0.111% | $1.6M | $1.4M | 75x | as long as short |
| BingX CFX-USDT | +0.0100% | 8h | 0.05395 | −0.111% | — | $20.2M | — | as long as short |
| Variational Omni CFX | +0.0100% | 8h | 0.05399 | −0.036% | $42K | $45K | — | as long as short |
Aster CFXUSDT
Binance CFXUSDT
Gate CFX_USDT
MEXC CFX_USDT
KuCoin CFXUSDTM
Bitget CFXUSDT
BingX CFX-USDT
Variational Omni CFXShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT CFX_USDT_Perp | +0.0100% | 8h | 0.05383 | −0.342% | $510K | $1.7M | 10x | as long as short |
| Extended CFX-USD | +0.0104% | 1h | 0.05397 | −0.082% | $1K | $265K | 10x | as long as short |
| Coinbase International CFX-PERP-INTX | +0.0408% | 1h | 0.05403 | +0.037% | $44K | $125K | 50x | as long as short |
| Hyperliquid CFX | +0.0888% | 1h | 0.05407 | +0.104% | $3.2M | $352K | 5x | as long as short |
| Kraken Futures PF_CFXUSD | +0.1209% | 1h | 0.05405 | +0.074% | $33K | $23K | 20x | as long as short |
| Deribit CFX_USDC-PERPETUAL | +0.3085% | 1h | 0.05415 | +0.259% | $143 | $29 | 10x | as long as short |
GRVT CFX_USDT_Perp
Extended CFX-USD
Coinbase International CFX-PERP-INTX
Hyperliquid CFX
Kraken Futures PF_CFXUSD
Deribit CFX_USDC-PERPETUAL