Funding you earn now, next payment 04:00 UTC−0.0265%/8h= −29.0% APRnext payment −$1.32 per $10,000 · paid last 24h −0.046%
Price spread now: OKX against Bybit−0.027%7-day average −0.037% · you buy dearer than you sell
Net, funding: paid 7d − costs−$47as in the Funding arb table
Net, price: spread back to 7d avg − costs−$86as in the Price arb table
costs, in and out, $10k−$880.875% of the position
Funding, last 7 days+0.403%+$40 on $10k
+Price spread, last 7 days+0.190%+$19 · spread now −0.027%, 7d avg −0.037%
=The price spread sits at its 7-day average of −0.037%, so right now this pair is about funding alone: −$8 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.403%, 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 FUSDT | 0.003693 | 0.0100 | pay 0.0050% / 4h | 1h 15m | $2.3M | $2.3M | 25x |
| Short | OKX F-USDT-SWAP | 0.003692 | −0.0165 | pay 0.0082% / 4h | 1h 15m | $723K | $2.2M | 20x |
Bybit FUSDT
OKX F-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
- −$55.62
- Price spread: −0.027% → −0.037%
- $1.03
- Slippage, 4 orders
- −$66.51
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$142.11
- Costs to cover
- 0.875%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 1 min ago; OKX: 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 Bybit live order book, 1 min ago | 4.06 bp | 22.6 bp −$23 | 214.6 bp −$2,146 | doesn't fit | doesn't fit |
| Sell OKX live order book, 1 min ago | 2.71 bp | 19.8 bp −$20 | 140.5 bp −$1,405 | doesn't fit | doesn't fit |
F on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| OKX F-USDT-SWAPshort | −0.0165% | 4h | 0.003692 | −0.027% | $723K | $2.2M | 20x | |
| Gate F_USDT | +0.0082% | 8h | 0.003699 | +0.162% | $147K | $1.4M | 25x | as long as short |
| Aster FUSDT | +0.0100% | 4h | 0.003702 | +0.237% | $15K | $28K | 5x | as long as short |
| Binance FUSDT | +0.0100% | 4h | 0.003699 | +0.167% | $3.9M | $6.2M | 50x | as long as short |
| Bybit FUSDTlong | +0.0100% | 4h | 0.003693 | long leg | $2.3M | $2.3M | 25x | |
| MEXC F_USDT | +0.0100% | 4h | 0.003702 | +0.244% | $622K | $174K | 50x | as long as short |
| KuCoin FUSDTM | +0.0100% | 4h | 0.003703 | +0.271% | $665K | $1.2M | 30x | as long as short |
| Bitget FUSDT | +0.0100% | 4h | 0.003696 | +0.081% | $483K | $783K | 50x | as long as short |
| BingX F-USDT | +0.0100% | 4h | 0.003696 | +0.081% | — | $6.6M | — | as long as short |
| Variational Omni F | +0.0100% | 4h | 0.003698 | +0.129% | $705 | $386 | — | as long as short |
Gate F_USDT
Aster FUSDT
Binance FUSDT
MEXC F_USDT
KuCoin FUSDTM
Bitget FUSDT
BingX F-USDT
Variational Omni F