Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.099%
Price spread now: Bybit against OKX0.000%7-day average −0.073% · you sell dearer than you buy
Net, funding: paid 7d − costs−$147as in the Funding arb table
Net, price: spread back to 7d avg − costs−$99as in the Price arb table
costs, in and out, $10k−$1061.061% of the position
Funding, last 7 days−0.411%−$41 on $10k
+Price spread, last 7 days−0.168%−$17 · spread now 0.000%, 7d avg −0.073%
=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 −0.073%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX CP-USDT-SWAP | 0.01375 | 0.0100 | pay 0.0050% / 4h | 2h 07m | $3.8M | $11.0M | 20x |
| Short | Bybit CPUSDT | 0.01375 | 0.0100 | get 0.0050% / 4h | 2h 07m | $1.4M | $2.5M | 20x |
OKX CP-USDT-SWAP
Bybit CPUSDTFunding 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: 0.000% → −0.073%
- $7.27
- Slippage, 4 orders
- −$85.07
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$98.81
- Costs to cover
- 1.061%
- Break-even
- never at this rate
Slippage from OKX: live order book, 6 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, 6 min ago | 3.64 bp | 20.7 bp −$21 | 151.7 bp −$1,517 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 5 min ago | 3.64 bp | 15.7 bp −$16 | 201.8 bp −$2,018 | doesn't fit | doesn't fit |
CP on 7 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX CP-USDT | +0.0070% | 4h | 0.01376 | +0.073% | — | $1.0M | — | as long as short |
| Bybit CPUSDTshort | +0.0100% | 4h | 0.01375 | 0.000% | $1.4M | $2.5M | 20x | |
| OKX CP-USDT-SWAPlong | +0.0100% | 4h | 0.01375 | long leg | $3.8M | $11.0M | 20x | |
| Gate CP_USDT | +0.0100% | 4h | 0.01375 | 0.000% | $571K | $530K | 20x | as long as short |
| MEXC CP_USDT | +0.0100% | 4h | 0.01375 | 0.000% | $1.5M | $382K | 20x | as long as short |
| KuCoin CPUSDTM | +0.0100% | 4h | 0.01378 | +0.218% | $197K | $902K | 20x | as long as short |
| Bitget CPUSDT | +0.0100% | 4h | 0.01377 | +0.131% | $781K | $1.5M | 20x | as long as short |
BingX CP-USDT
Gate CP_USDT
MEXC CP_USDT
KuCoin CPUSDTM
Bitget CPUSDT