Funding you earn now, next payment 08:00 UTC−0.0308%/8h= −33.7% APRnext payment −$3.08 per $10,000 · paid last 24h −0.017%
Price spread now: Bybit against OKX0.000%7-day average −0.029% · you sell dearer than you buy
Net, funding: paid 7d − costs−$69as in the Funding arb table
Net, price: spread back to 7d avg − costs−$83as in the Price arb table
costs, in and out, $10k−$860.861% of the position
Funding, last 7 days+0.166%+$17 on $10k
+Price spread, last 7 days−0.094%−$9 · spread now 0.000%, 7d avg −0.029%
=The price spread pays, funding is against you. Bybit is 0.029% dearer against OKX than usual: you sell high and buy low (spread 0.000% now, against its 7-day average of −0.029%): +$3 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 7 hours. Mind the row above: over the last 7 days funding on this pair paid +0.166%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.166% in total (about 8.7% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.08 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX EGLD-USDT-SWAP | 4.3810 | 0.0408 | pay 0.0408% / 8h | 46m 51s | $595K | $3.6M | 20x |
| Short | Bybit EGLDUSDT | 4.3810 | 0.0100 | get 0.0100% / 8h | 46m 51s | $2.5M | $7.2M | 75x |
OKX EGLD-USDT-SWAP
Bybit EGLDUSDTFunding 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
- −$64.62
- Price spread: 0.000% → −0.029%
- $2.86
- Slippage, 4 orders
- −$65.06
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$147.82
- Costs to cover
- 0.861%
- Break-even
- never at this rate
Slippage from OKX: live order book, just now; Bybit: live order book, 1 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, just now | 2.28 bp | 25.2 bp −$25 | 2604.7 bp −$26.0K | doesn't fit | doesn't fit |
| Sell Bybit live order book, 1 min ago | 3.42 bp | 15.1 bp −$15 | 65.0 bp −$650 | doesn't fit | doesn't fit |
EGLD on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_EGLDUSD | −0.0444% | 1h | 4.3843 | +0.076% | $440K | $635K | 20x | as long as short |
| Injective EGLD/USDC PERP | +0.0033% | 1h | 3.6600 | −16.457% | $16 | $46K | 5.5x | as long as short |
| Binance EGLDUSDT | +0.0100% | 8h | 4.3809 | −0.003% | $4.5M | $21.8M | 75x | as long as short |
| Bybit EGLDUSDTshort | +0.0100% | 8h | 4.3810 | 0.000% | $2.5M | $7.2M | 75x | |
| Gate EGLD_USDT | +0.0100% | 8h | 4.3880 | +0.160% | $451K | $508K | 30x | as long as short |
| MEXC EGLD_USDT | +0.0100% | 8h | 4.3810 | 0.000% | $4.0M | $2.8M | 125x | as long as short |
| KuCoin EGLDUSDTM | +0.0100% | 8h | 4.3900 | +0.205% | $2.8M | $1.0M | 50x | as long as short |
| Bitget EGLDUSDT | +0.0100% | 8h | 4.3820 | +0.023% | $2.2M | $3.3M | 75x | as long as short |
| Variational Omni EGLD | +0.0100% | 8h | 4.3701 | −0.248% | $16K | $55K | — | as long as short |
| BloFin EGLD-USDT | +0.0220% | 8h | 4.3790 | −0.046% | $213K | $570K | 75x | as long as short |
Kraken Futures PF_EGLDUSD
Injective EGLD/USDC PERP
Binance EGLDUSDT
Gate EGLD_USDT
MEXC EGLD_USDT
KuCoin EGLDUSDTM
Bitget EGLDUSDT
Variational Omni EGLD
BloFin EGLD-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX EGLD-USDT | +0.0376% | 8h | 4.3820 | +0.023% | — | $2.8M | — | as long as short |
| OKX EGLD-USDT-SWAPlong | +0.0408% | 8h | 4.3810 | long leg | $595K | $3.6M | 20x |
BingX EGLD-USDT