Funding you earn now, next payment 12:00 UTC−0.0096%/8h= −10.5% APRnext payment −$0.48 per $10,000 · paid last 24h −0.031%
Price spread now: OKX against Bybit−0.067%7-day average +0.035% · you buy dearer than you sell
Net, funding: paid 7d − costs−$78as in the Funding arb table
Net, price: spread back to 7d avg − costs−$103as in the Price arb table
costs, in and out, $10k−$930.927% of the position
Funding, last 7 days+0.145%+$15 on $10k
+Price spread, last 7 days+0.140%+$14 · spread now −0.067%, 7d avg +0.035%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and OKX is 0.102% cheaper against Bybit than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of +0.035%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.145%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit DGAIUSDT | 1.0448 | 0.0100 | pay 0.0050% / 4h | 3h 51m | $619K | $17.8M | 20x |
| Short | OKX DGAI-USDT-SWAP | 1.0441 | 0.0004 | get 0.0002% / 4h | 3h 51m | $846K | $40.6M | 20x |
Bybit DGAIUSDT
OKX DGAI-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
- −$20.19
- Price spread: −0.067% → +0.035%
- −$10.24
- Slippage, 4 orders
- −$71.7
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$123.14
- Costs to cover
- 0.927%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 2 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, 2 min ago | 0.48 bp | 18.8 bp −$19 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 2 min ago | 0.48 bp | 27.4 bp −$27 | 112.2 bp −$1,122 | doesn't fit | doesn't fit |
DGAI 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 DGAI-USDT | −0.0022% | 4h | 1.0457 | +0.086% | — | $820K | — | as long as short |
| MEXC DGAI_USDT | +0.0002% | 4h | 1.0442 | −0.057% | $918K | $576K | 20x | as long as short |
| BloFin DGAI-USDT | +0.0002% | 4h | 1.0433 | −0.144% | $41K | $41K | 20x | as long as short |
| OKX DGAI-USDT-SWAPshort | +0.0004% | 4h | 1.0441 | −0.067% | $846K | $40.6M | 20x | |
| Bybit DGAIUSDTlong | +0.0100% | 4h | 1.0448 | long leg | $619K | $17.8M | 20x | |
| Gate DGAI_USDT | +0.0100% | 4h | 1.0455 | +0.067% | $1.9M | $1.8M | 20x | as long as short |
| Bitget DGAIUSDT | +0.0100% | 4h | 1.0446 | −0.019% | $183K | $1.4M | 20x | as long as short |
BingX DGAI-USDT
MEXC DGAI_USDT
BloFin DGAI-USDT
Gate DGAI_USDT
Bitget DGAIUSDT