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: Bybit against OKX+0.212%7-day average −0.090% · you sell dearer than you buy
Net, funding: paid 7d − costs−$436as in the Funding arb table
Net, price: spread back to 7d avg − costs−$403as in the Price arb table
costs, in and out, $10k−$4334.327% of the position
Funding, last 7 days−0.038%−$4 on $10k
+Price spread, last 4 days (all we have)−0.355%−$36 · spread now +0.212%, 7d avg −0.090%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.301% dearer against OKX than usual: you sell high and buy low, +$30 on $10k if it goes back to its 7-day average of −0.090%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX JNJ-USDT-SWAP | 269.43 | 0 | get 0.0000% / 8h | 6h 48m | $114K | $41K | 10x |
| Short | Bybit JNJUSDT | 270.00 | 0 | get 0.0000% / 8h | 6h 48m | $148K | $56K | 25x |
OKX JNJ-USDT-SWAP
Bybit JNJUSDTFunding 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
- $0
- Price spread: +0.212% → −0.090%
- $30.13
- Slippage, 4 orders
- −$411.67
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$402.54
- Costs to cover
- 4.327%
- Break-even
- never at this rate
Slippage from OKX: live order book, 16 min ago; Bybit: live order book, 1 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, 16 min ago | 8.34 bp | 126.6 bp −$127 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 1 min ago | 5.55 bp | 123.3 bp −$123 | 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 JNJUSDTshort | 0.0000% | 8h | 270.00 | +0.212% | $148K | $56K | 25x | |
| OKX JNJ-USDT-SWAPlong | 0.0000% | 8h | 269.43 | long leg | $114K | $41K | 10x | |
| Gate JNJ_USDT | 0.0000% | 8h | 269.86 | +0.160% | $222K | $11K | 20x | as long as short |
| HTX JNJ-USDT | +0.0100% | 8h | 270.52 | +0.405% | $4K | $371K | 10x | as long as short |
Gate JNJ_USDT
HTX JNJ-USDT