Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.075%
Price spread now: OKX against Bybit−0.119%7-day average −0.084% · you buy dearer than you sell
Net, funding: paid 7d − costs−$106as in the Funding arb table
Net, price: spread back to 7d avg − costs−$90as in the Price arb table
costs, in and out, $10k−$860.863% of the position
Funding, last 7 days−0.195%−$20 on $10k
+Price spread, last 7 days−0.131%−$13 · spread now −0.119%, 7d avg −0.084%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.035% cheaper against Bybit than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −0.084%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit LAUSDT | 0.07560 | 0.0100 | pay 0.0050% / 4h | 5m 20s | $2.4M | $2.4M | 25x |
| Short | OKX LA-USDT-SWAP | 0.07551 | 0.0100 | get 0.0050% / 4h | 5m 20s | $1.3M | $3.0M | 20x |
Funding 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: −0.119% → −0.084%
- −$3.54
- Slippage, 4 orders
- −$65.28
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$89.83
- Costs to cover
- 0.863%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 2 min ago; OKX: 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 Bybit live order book, 2 min ago | 2.00 bp | 24.4 bp −$24 | 129.8 bp −$1,298 | doesn't fit | doesn't fit |
| Sell OKX live order book, 2 min ago | 2.00 bp | 18.8 bp −$19 | doesn't fit | doesn't fit | doesn't fit |
LA on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget LAUSDT | −0.0480% | 4h | 0.07549 | −0.146% | $2.1M | $528K | 25x | as long as short |
| Aster LAUSDT | −0.0436% | 4h | 0.07505 | −0.728% | $52K | $17K | 5x | as long as short |
| BingX LA-USDT | −0.0436% | 4h | 0.07554 | −0.079% | — | $6.6M | — | as long as short |
| BloFin LA-USDT | −0.0375% | 4h | 0.07510 | −0.661% | $249K | $19K | 25x | as long as short |
| Binance LAUSDT | −0.0356% | 4h | 0.07556 | −0.052% | $4.7M | $8.9M | 25x | as long as short |
| MEXC LA_USDT | −0.0334% | 4h | 0.07516 | −0.582% | $402K | $141K | 50x | as long as short |
| Gate LA_USDT | −0.0140% | 4h | 0.07542 | −0.238% | $247K | $821K | 50x | as long as short |
| KuCoin LAUSDTM | −0.0094% | 4h | 0.07537 | −0.304% | $1.0M | $68K | 30x | as long as short |
| Bybit LAUSDTlong | +0.0100% | 4h | 0.07560 | long leg | $2.4M | $2.4M | 25x | |
| OKX LA-USDT-SWAPshort | +0.0100% | 4h | 0.07551 | −0.119% | $1.3M | $3.0M | 20x |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT LA_USDT_Perp | +0.0100% | 4h | 0.07515 | −0.598% | $148K | $473K | 10x | as long as short |
Bybit LAUSDT
OKX LA-USDT-SWAP
Bitget LAUSDT
Aster LAUSDT
BingX LA-USDT
BloFin LA-USDT
Binance LAUSDT
MEXC LA_USDT
Gate LA_USDT
KuCoin LAUSDTM
GRVT LA_USDT_Perp