Funding you earn now, next payment 08:00 UTC−0.0392%/8h= −42.9% APRpaid last 24h −0.032%
Price spread now: OKX against Bybit−0.144%7-day average −0.088% · you buy dearer than you sell
Net, funding: paid 7d − costs−$293as in the Funding arb table
Net, price: spread back to 7d avg − costs−$129as in the Price arb table
costs, in and out, $10k−$1231.231% of the position
Funding, last 7 days−1.698%−$170 on $10k
+Price spread, last 7 days−0.092%−$9 · spread now −0.144%, 7d avg −0.088%
=Both sides work against this trade now: funding costs −$12 a day on $10k at the current rate, and OKX is 0.056% cheaper against Bybit than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.088%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit IOSTUSDT | 0.0009017 | −0.1703 | get 0.1703% / 8h | 1h 58m | $1.9M | $2.0M | 25x |
| Short | OKX IOST-USDT-SWAP | 0.0009004 | −0.2095 | pay 0.1047% / 4h | 1h 58m | $1.6M | $4.1M | 10x |
Bybit IOSTUSDT
OKX IOST-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
- −$82.25
- Price spread: −0.144% → −0.088%
- −$5.59
- Slippage, 4 orders
- −$102.09
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$210.94
- Costs to cover
- 1.231%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 3 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, 3 min ago | 2.22 bp | 51.0 bp −$51 | 230.0 bp −$2,300 | doesn't fit | doesn't fit |
| Sell OKX live order book, 4 min ago | 1.67 bp | 17.8 bp −$18 | doesn't fit | doesn't fit | doesn't fit |
IOST on 9 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 IOST-USDT-SWAPshort | −0.2095% | 4h | 0.0009004 | −0.144% | $1.6M | $4.1M | 10x | |
| Bybit IOSTUSDTlong | −0.1703% | 8h | 0.0009017 | long leg | $1.9M | $2.0M | 25x | |
| Variational Omni IOST | −0.1525% | 8h | 0.0008999 | −0.196% | $10K | $5K | — | as long as short |
| MEXC IOST_USDT | −0.1472% | 4h | 0.0009016 | −0.011% | $1.9M | $474K | 50x | as long as short |
| Binance IOSTUSDT | −0.1468% | 4h | 0.0009014 | −0.033% | $5.8M | $16.4M | 50x | as long as short |
| BloFin IOST-USDT | −0.1417% | 4h | 0.0009000 | −0.189% | $297K | $2.0M | 50x | as long as short |
| Bitget IOSTUSDT | −0.1250% | 4h | 0.0009010 | −0.078% | $680K | $2.3M | 25x | as long as short |
| BingX IOST-USDT | −0.0522% | 4h | 0.0009011 | −0.067% | — | $2.4M | — | as long as short |
| Gate IOST_USDT | −0.0344% | 4h | 0.0009000 | −0.189% | $703K | $526K | 25x | as long as short |
Variational Omni IOST
MEXC IOST_USDT
Binance IOSTUSDT
BloFin IOST-USDT
Bitget IOSTUSDT
BingX IOST-USDT
Gate IOST_USDT