Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.007320 | +0.0100 | pay 0.0050% / 4h | 0m 29s | $407K | $502K | 20x | Long Bybit | |
| SHORT | 0.007319 | +0.0100 | get 0.0050% / 4h | 0m 29s | $1.2M | $2.3M | 20x | Short 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 forecastFunding+$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 · historyEntry / Exit
Price spread
Prices
Fundingper 8h
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
/8hCP on 8 exchanges
lowest funding firstBefore you open
2 ok · 3 to watch- Watch: Thin at this size194.6 / 41.4 bpAt $10k entering Bybit costs 194.6 bp, fee and slippage, 4.7× OKX’s.
- Note: Margin at max leverage$500 + $500Bybit 20x, OKX 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- OK: Same payment interval4h / 4hBoth 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 OIBybit sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCBybit Yes · OKX YesStandard verification is mandatory for every product.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding 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 agoCost to enter
taker + slippage from mid, one sideBUY · 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.
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