Funding arb · Price arb /

JELLYJELLY

all JELLYJELLY markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.082%

Price spread now: Bybit against OKX+0.187%7-day average +0.028% · you sell dearer than you buy

Net, funding: paid 7d − costs−$209as in the Funding arb table

Net, price: spread back to 7d avg − costs−$166as in the Price arb table

costs, in and out, $10k−$1821.822% of the position

Long on OKX Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.269%−$27 on $10k

Price spread, last 7 days−0.178%−$18 · spread now +0.187%, 7d avg +0.028%

Together, before fees−0.447%−$45 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.159% dearer against OKX than usual: you sell high and buy low, +$16 on $10k if it goes back to its 7-day average of +0.028%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX JELLYJELLY-USDT-SWAP	0.05624	0.0100	pay 0.0050% / 4h	3h 38m	$1.3M	$433K	10x
Short	Bybit JELLYJELLYUSDT	0.05634	0.0100	get 0.0050% / 4h	3h 38m	$2.4M	$1.1M	20x

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 it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee OKXbpFee BybitbpOrdersPrice spread, now +0.187%Rate

Funding earned: $0
Price spread: +0.187% → +0.028%: $15.88
Slippage, 4 orders: −$161.24
Fee OKX: 5 bp × 2 orders: −$10
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$166.36
Costs to cover: 1.822%
Break-even: never at this rate

Slippage from OKX: live order book, 3 min ago; Bybit: live order book, 3 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, 3 min ago	6.22 bp	45.4 bp −$45	doesn't fit	doesn't fit	doesn't fit
Sell Bybit live order book, 3 min ago	5.32 bp	44.4 bp −$44	455.9 bp −$4,559	doesn't fit	doesn't fit

JELLYJELLY 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
Aster JELLYJELLYUSDT	+0.0100%	4h	0.05633	+0.160%	$36K	$12K	5x	as long as short
Binance JELLYJELLYUSDT	+0.0100%	4h	0.05637	+0.231%	$4.4M	$1.7M	25x	as long as short
Bybit JELLYJELLYUSDTshort	+0.0100%	4h	0.05634	+0.187%	$2.4M	$1.1M	20x
OKX JELLYJELLY-USDT-SWAPlong	+0.0100%	4h	0.05624	long leg	$1.3M	$433K	10x
Gate JELLYJELLY_USDT	+0.0100%	4h	0.05628	+0.071%	$2.4M	$122K	20x	as long as short
MEXC JELLYJELLY_USDT	+0.0100%	4h	0.05635	+0.196%	$429K	$146K	20x	as long as short
Extended JELLYJELLY-USD	+0.0104%	1h	0.05636	+0.211%	$3K	$239K	5x	as long as short
BloFin JELLYJELLY-USDT	+0.0108%	4h	0.05642	+0.320%	$268K	$19K	20x	as long as short
KuCoin JELLYJELLYUSDTM	+0.0602%	4h	0.05633	+0.156%	$8.2M	$1.2M	20x	as long as short