Funding you earn now, next payment 00:00 UTC+0.0011%/8h= +1.2% APRnext payment +$0.05 per $10,000 · paid last 24h +0.026%
Price spread now: OKX against Bybit0.000%7-day average −0.065% · you sell dearer than you buy
Net, funding: paid 7d − costs−$738as in the Funding arb table
Net, price: spread back to 7d avg − costs−$737as in the Price arb table
costs, in and out, $10k−$7437.431% of the position
Funding, last 7 days+0.051%+$5 on $10k
+Price spread, last 4 days (all we have)−0.127%−$13 · spread now 0.000%, 7d avg −0.065%
=Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and OKX is 0.065% dearer against Bybit than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.065%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit DOSUSDT | 0.2170 | 0.0254 | pay 0.0127% / 4h | 57m 35s | $841K | $178K | 20x |
| Short | OKX DOS-USDT-SWAP | 0.2170 | 0.0265 | get 0.0132% / 4h | 57m 35s | $1.2M | $2.0M | 20x |
Bybit DOSUSDT
OKX DOS-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
- $2.25
- Price spread: 0.000% → −0.065%
- $6.46
- Slippage, 4 orders
- −$722.1
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$734.39
- Costs to cover
- 7.431%
- Break-even
- 2291.7 days
Slippage from Bybit: live order book, 17 min ago; OKX: live order book, 4 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, 17 min ago | 6.95 bp | 402.5 bp −$402 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 4 min ago | 2.30 bp | 22.6 bp −$23 | 69.5 bp −$695 | doesn't fit | doesn't fit |
DOS on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate DOS_USDT | +0.0100% | 4h | 0.2168 | −0.092% | $182K | $120K | 20x | as long as short |
| KuCoin DOSUSDTM | +0.0100% | 4h | 0.2171 | +0.055% | $295K | $857K | 20x | as long as short |
| Bitget DOSUSDT | +0.0100% | 4h | 0.2169 | −0.051% | $216K | $230K | 10x | as long as short |
| HTX DOS-USDT | +0.0100% | 4h | 0.2170 | 0.000% | $14K | $362K | 10x | as long as short |
| Bybit DOSUSDTlong | +0.0254% | 4h | 0.2170 | long leg | $841K | $178K | 20x | |
| OKX DOS-USDT-SWAPshort | +0.0265% | 4h | 0.2170 | 0.000% | $1.2M | $2.0M | 20x | |
| BingX DOS-USDT | +0.0516% | 4h | 0.2170 | 0.000% | — | $1.6M | — | as long as short |
| BloFin DOS-USDT | +0.0518% | 4h | 0.2174 | +0.184% | $109K | $21K | 20x | as long as short |
| MEXC DOS_USDT | +0.0542% | 4h | 0.2169 | −0.046% | $483K | $155K | 20x | as long as short |
| Binance DOSUSDT | +0.0544% | 4h | 0.2170 | 0.000% | $2.1M | $2.1M | 20x | as long as short |
Gate DOS_USDT
KuCoin DOSUSDTM
Bitget DOSUSDT
HTX DOS-USDT
BingX DOS-USDT
BloFin DOS-USDT
MEXC DOS_USDT
Binance DOSUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster DOSUSDT | +0.0853% | 4h | 0.2165 | −0.230% | $6K | $11K | 5x | as long as short |
Aster DOSUSDT