Settings8H · net · $10k
My profile
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG0.007320+0.0100pay 0.0050% / 4h0m 29s$407K$502K20xLong Bybit
SHORT0.007319+0.0100get 0.0050% / 4h0m 29s$1.2M$2.3M20xShort OKX
Price gap−0.014%
Funding gap0.0000% /8h

Funding is ≈ 0, so this is a price-spread trade: +$9 on $10k if the gap goes back to its 7d average.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding+$40.0000% /8h now · paid +0.040% over the last 7D
Price+$9spread −0.014% now, avg −0.100% → +0.086% if it goes back
Costs−$3683.681% of $10k · taker + slippage, in and out
Result−$356−3.56%no points

Price and funding

1h · history
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now−0.014%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

CP on 8 exchanges

lowest funding first

Before you open

2 ok · 3 to watch
  • Watch: Thin at this size194.6 / 41.4 bp
    At $10k entering Bybit costs 194.6 bp, fee and slippage, 4.7× OKX’s.
  • Note: Margin at max leverage$500 + $500
    Bybit 20x, OKX 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • OK: Same payment interval4h / 4h
    Both legs pay at the same time.
    Next 24h at the current rates, on $10k a leg: $0.00Long Bybit: 6 payments, −$3.00; short OKX: 6 payments, +$3.00.
  • OK: Entry gap works for you−0.014% vs −0.100%
    You short the dearer leg. If the gap goes back to average, the short gains.
  • Watch: Long leg is thinner$407K vs $1.2M OI
    Bybit sets your exit cost. Check its book before closing.
  • Note: No points program—
    Neither exchange runs points right now.
  • Watch: KYCBybit Yes · OKX Yes
    Standard verification is mandatory for every product.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned+0.0019%/8h × 21 periods+$3.99
Price spread−0.014% → −0.100% (7d avg)+$8.61
Slippage, 4 orderslive order books−$347.11
Fee Bybit bp × 2 orders−$11.00
Fee OKX bp × 2 orders−$10.00
Net · 7 days · $10k−$355.51
Costs to cover3.681%Break-even630.6 days
Slippage: Bybit: live order book, 17 min ago; OKX: live order book, 4 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGBybit13.62194.6 bp−$1959534.4 bp−$95.3K175113.8 bp−$17.51Mdoesn’t fit
SELL · SHORTOKX12.3041.4 bp−$41doesn’t fitdoesn’t fitdoesn’t fit

Closing costs about the same again.

Alert

CP news

posts that mention CP, from every exchange
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