Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: OKX against Bybit−0.193%7-day average +0.080% · you buy dearer than you sell
Net, funding: paid 7d − costs−$507as in the Funding arb table
Net, price: spread back to 7d avg − costs−$538as in the Price arb table
costs, in and out, $10k−$5105.103% of the position
Funding, last 7 days+0.038%+$4 on $10k
+Price spread, last 4 days (all we have)+0.360%+$36 · spread now −0.193%, 7d avg +0.080%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.273% cheaper against Bybit than usual: you would sell low and buy high, −$27 on $10k if it goes back to its 7-day average of +0.080%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit JNJUSDT | 269.90 | 0 | get 0.0000% / 8h | 2h 35m | $149K | $54K | 25x |
| Short | OKX JNJ-USDT-SWAP | 269.38 | 0 | get 0.0000% / 8h | 2h 35m | $115K | $39K | 10x |
Bybit JNJUSDT
OKX JNJ-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
- $0
- Price spread: −0.193% → +0.080%
- −$27.3
- Slippage, 4 orders
- −$489.3
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$537.59
- Costs to cover
- 5.103%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 59 min ago; OKX: live order book, 9 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, 59 min ago | 14.44 bp | 110.5 bp −$111 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 9 min ago | 9.83 bp | 145.8 bp −$146 | doesn't fit | doesn't fit | doesn't fit |
JNJ on 4 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 JNJUSDTlong | 0.0000% | 8h | 269.90 | long leg | $149K | $54K | 25x | |
| OKX JNJ-USDT-SWAPshort | 0.0000% | 8h | 269.38 | −0.193% | $115K | $39K | 10x | |
| Gate JNJ_USDT | 0.0000% | 8h | 269.65 | −0.093% | $222K | $11K | 20x | as long as short |
| HTX JNJ-USDT | +0.0100% | 8h | 270.64 | +0.274% | $5K | $369K | 10x | as long as short |
Gate JNJ_USDT
HTX JNJ-USDT