Funding you earn now, next payment 04:00 UTC−0.1127%/8h= −123.4% APRpaid last 24h +0.005%
Price spread now: Bybit against OKX+0.089%7-day average +0.092% · you sell dearer than you buy
Net, funding: paid 7d − costs+$40as in the Funding arb table
Net, price: spread back to 7d avg − costs−$116as in the Price arb table
costs, in and out, $10k−$1151.155% of the position
Funding, last 7 days+1.553%+$155 on $10k
+Price spread, last 7 days+0.114%+$11 · spread now +0.089%, 7d avg +0.092%
=The price spread sits at its 7-day average of +0.092%, so right now this pair is about funding alone: −$34 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +1.553%, 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 | OKX IOST-USDT-SWAP | 0.0008969 | −0.2319 | get 0.1160% / 4h | 2h 04m | $1.6M | $4.0M | 10x |
| Short | Bybit IOSTUSDT | 0.0008977 | −0.3446 | pay 0.3446% / 8h | 6h 04m | $1.9M | $2.1M | 25x |
Funding 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
- −$236.69
- Price spread: +0.089% → +0.092%
- −$0.32
- Slippage, 4 orders
- −$94.48
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$352.49
- Costs to cover
- 1.155%
- Break-even
- never at this rate
Slippage from OKX: live order book, 2 min ago; Bybit: live order book, 2 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, 2 min ago | 0.56 bp | 15.6 bp −$16 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 2 min ago | 1.11 bp | 42.3 bp −$42 | 257.2 bp −$2,572 | doesn't fit | doesn't fit |
IOST on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit IOSTUSDTshort | −0.3446% | 8h | 0.0008977 | +0.089% | $1.9M | $2.1M | 25x | |
| OKX IOST-USDT-SWAPlong | −0.2319% | 4h | 0.0008969 | long leg | $1.6M | $4.0M | 10x | |
| Binance IOSTUSDT | −0.2151% | 4h | 0.0008970 | +0.016% | $5.8M | $16.1M | 50x | as long as short |
| MEXC IOST_USDT | −0.2142% | 4h | 0.0008979 | +0.111% | $2.0M | $453K | 50x | as long as short |
| Bitget IOSTUSDT | −0.2062% | 4h | 0.0008989 | +0.223% | $638K | $2.2M | 25x | as long as short |
| Variational Omni IOST | −0.1426% | 8h | 0.0008984 | +0.166% | $10K | $6K | — | as long as short |
| Gate IOST_USDT | −0.1110% | 4h | 0.0008970 | +0.011% | $735K | $483K | 25x | as long as short |
| BingX IOST-USDT | −0.0748% | 4h | 0.0008972 | +0.033% | — | $2.5M | — | as long as short |
OKX IOST-USDT-SWAP
Bybit IOSTUSDT
Binance IOSTUSDT
MEXC IOST_USDT
Bitget IOSTUSDT
Variational Omni IOST
Gate IOST_USDT
BingX IOST-USDT