Funding you earn now, next payment 12:00 UTC+0.0235%/8h= +25.7% APRnext payment +$1.17 per $10,000 · paid last 24h +0.104%
Price spread now: OKX against Bybit−0.031%7-day average +0.009% · you buy dearer than you sell
Net, funding: paid 7d − costs−$123as in the Funding arb table
Net, price: spread back to 7d avg − costs−$149as in the Price arb table
costs, in and out, $10k−$1451.449% of the position
Funding, last 7 days+0.224%+$22 on $10k
+Price spread, last 7 days−0.055%−$6 · spread now −0.031%, 7d avg +0.009%
=Funding pays, the price is against you. OKX is 0.040% cheaper against Bybit than usual: you would sell low and buy high (spread −0.031% now, against its 7-day average of +0.009%). If the spread goes back, that is −$4 on $10k: about 14 hours of funding at the current rate (+$7 a day). At the pace of the last 7 days (+0.224% in total) that is about 30 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit HOMEUSDT | 0.006467 | 0.0100 | pay 0.0050% / 4h | 51m 20s | $3.5M | $3.6M | 25x |
| Short | OKX HOME-USDT-SWAP | 0.006465 | 0.0335 | get 0.0167% / 4h | 51m 20s | $1.8M | $4.6M | 20x |
Bybit HOMEUSDT
OKX HOME-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
- $49.28
- Price spread: −0.031% → +0.009%
- −$3.98
- Slippage, 4 orders
- −$123.88
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$99.58
- Costs to cover
- 1.449%
- Break-even
- 21.1 days
Slippage from Bybit: live order book, 4 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, 4 min ago | 0.77 bp | 44.5 bp −$45 | 288.7 bp −$2,887 | doesn't fit | doesn't fit |
| Sell OKX live order book, 4 min ago | 0.77 bp | 22.6 bp −$23 | doesn't fit | doesn't fit | doesn't fit |
HOME on 11 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin HOME-USDT | +0.0042% | 4h | 0.006458 | −0.139% | $302K | $21K | 50x | as long as short |
| BingX HOME-USDT | +0.0070% | 4h | 0.006470 | +0.046% | — | $6.6M | — | as long as short |
| Aster HOMEUSDT | +0.0100% | 4h | 0.006474 | +0.104% | $48K | $38K | 5x | as long as short |
| Binance HOMEUSDT | +0.0100% | 4h | 0.006474 | +0.106% | $4.6M | $9.7M | 50x | as long as short |
| Bybit HOMEUSDTlong | +0.0100% | 4h | 0.006467 | long leg | $3.5M | $3.6M | 25x | |
| Gate HOME_USDT | +0.0100% | 4h | 0.006470 | +0.046% | $427K | $1.4M | 75x | as long as short |
| KuCoin HOMEUSDTM | +0.0100% | 4h | 0.006471 | +0.062% | $2.7M | $78K | 30x | as long as short |
| Bitget HOMEUSDT | +0.0100% | 4h | 0.006459 | −0.124% | $1.2M | $814K | 20x | as long as short |
| Variational Omni HOME | +0.0100% | 4h | 0.006481 | +0.213% | $7K | $250 | — | as long as short |
| MEXC HOME_USDT | +0.0202% | 4h | 0.006475 | +0.124% | $394K | $147K | 20x | as long as short |
BloFin HOME-USDT
BingX HOME-USDT
Aster HOMEUSDT
Binance HOMEUSDT
Gate HOME_USDT
KuCoin HOMEUSDTM
Bitget HOMEUSDT
Variational Omni HOME
MEXC HOME_USDTShow all 11 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX HOME-USDT-SWAPshort | +0.0335% | 4h | 0.006465 | −0.031% | $1.8M | $4.6M | 20x |