Funding you earn now, next payment 04:00 UTC+0.0263%/8h= +28.8% APRnext payment +$1.32 per $10,000 · paid last 24h +0.046%
Price spread now: Bybit against OKX+0.054%7-day average +0.037% · you sell dearer than you buy
Net, funding: paid 7d − costs−$136as in the Funding arb table
Net, price: spread back to 7d avg − costs−$94as in the Price arb table
costs, in and out, $10k−$950.953% of the position
Funding, last 7 days−0.403%−$40 on $10k
+Price spread, last 7 days−0.217%−$22 · spread now +0.054%, 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 cost −0.403%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX F-USDT-SWAP | 0.003697 | −0.0163 | get 0.0082% / 4h | 1h 17m | $719K | $2.2M | 20x |
| Short | Bybit FUSDT | 0.003699 | 0.0100 | get 0.0050% / 4h | 1h 17m | $2.4M | $2.3M | 25x |
OKX F-USDT-SWAP
Bybit FUSDTFunding 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
- $55.26
- Price spread: +0.054% → +0.037%
- $1.68
- Slippage, 4 orders
- −$74.34
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$38.4
- Costs to cover
- 0.953%
- Break-even
- 11.9 days
Slippage from OKX: live order book, 4 min ago; Bybit: 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 OKX live order book, 4 min ago | 2.71 bp | 22.0 bp −$22 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 4 min ago | 5.41 bp | 25.6 bp −$26 | 130.2 bp −$1,302 | 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-SWAPlong | −0.0163% | 4h | 0.003697 | long leg | $719K | $2.2M | 20x | |
| Gate F_USDT | +0.0072% | 8h | 0.003698 | +0.027% | $147K | $1.4M | 25x | as long as short |
| Aster FUSDT | +0.0100% | 4h | 0.003702 | +0.135% | $15K | $28K | 5x | as long as short |
| Binance FUSDT | +0.0100% | 4h | 0.003702 | +0.135% | $3.9M | $6.2M | 50x | as long as short |
| Bybit FUSDTshort | +0.0100% | 4h | 0.003699 | +0.054% | $2.4M | $2.3M | 25x | |
| MEXC F_USDT | +0.0100% | 4h | 0.003699 | +0.054% | $622K | $174K | 50x | as long as short |
| KuCoin FUSDTM | +0.0100% | 4h | 0.003702 | +0.135% | $665K | $1.2M | 30x | as long as short |
| Bitget FUSDT | +0.0100% | 4h | 0.003703 | +0.162% | $484K | $787K | 50x | as long as short |
| BingX F-USDT | +0.0100% | 4h | 0.003700 | +0.081% | — | $6.6M | — | as long as short |
| Variational Omni F | +0.0100% | 4h | 0.003699 | +0.049% | $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