Funding you earn now, next payment 04:00 UTC+0.0089%/8h= +9.8% APRnext payment +$0.45 per $10,000 · paid last 24h −0.083%
Price spread now: Bybit against OKX+0.146%7-day average +0.083% · you sell dearer than you buy
Net, funding: paid 7d − costs−$75as in the Funding arb table
Net, price: spread back to 7d avg − costs−$86as in the Price arb table
costs, in and out, $10k−$920.920% of the position
Funding, last 7 days+0.170%+$17 on $10k
+Price spread, last 7 days+0.105%+$10 · spread now +0.146%, 7d avg +0.083%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Bybit is 0.063% dearer against OKX than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.083%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX LA-USDT-SWAP | 0.07545 | 0.0011 | pay 0.0005% / 4h | 3h 18m | $1.4M | $3.1M | 20x |
| Short | Bybit LAUSDT | 0.07556 | 0.0100 | get 0.0050% / 4h | 3h 18m | $2.5M | $2.6M | 25x |
OKX LA-USDT-SWAP
Bybit LAUSDTFunding 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
- $18.72
- Price spread: +0.146% → +0.083%
- $6.25
- Slippage, 4 orders
- −$70.96
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$66.98
- Costs to cover
- 0.920%
- Break-even
- 32.0 days
Slippage from OKX: live order book, 4 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, 4 min ago | 2.67 bp | 23.1 bp −$23 | 290.7 bp −$2,907 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 3 min ago | 1.33 bp | 23.1 bp −$23 | 122.2 bp −$1,222 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster LAUSDT | −0.0664% | 4h | 0.07556 | +0.152% | $52K | $23K | 5x | as long as short |
| Gate LA_USDT | −0.0646% | 4h | 0.07549 | +0.053% | $244K | $822K | 50x | as long as short |
| MEXC LA_USDT | −0.0578% | 4h | 0.07538 | −0.093% | $400K | $139K | 50x | as long as short |
| Binance LAUSDT | −0.0564% | 4h | 0.07545 | 0.000% | $4.7M | $9.5M | 25x | as long as short |
| Bitget LAUSDT | −0.0560% | 4h | 0.07539 | −0.080% | $2.1M | $537K | 25x | as long as short |
| BingX LA-USDT | −0.0548% | 4h | 0.07550 | +0.066% | — | $6.5M | — | as long as short |
| BloFin LA-USDT | −0.0527% | 4h | 0.07568 | +0.305% | $251K | $20K | 25x | as long as short |
| KuCoin LAUSDTM | −0.0484% | 4h | 0.07543 | −0.027% | $1.0M | $82K | 30x | as long as short |
| OKX LA-USDT-SWAPlong | +0.0011% | 4h | 0.07545 | long leg | $1.4M | $3.1M | 20x | |
| Bybit LAUSDTshort | +0.0100% | 4h | 0.07556 | +0.146% | $2.5M | $2.6M | 25x |
Aster LAUSDT
Gate LA_USDT
MEXC LA_USDT
Binance LAUSDT
Bitget LAUSDT
BingX LA-USDT
BloFin LA-USDT
KuCoin LAUSDTMShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT LA_USDT_Perp | +0.0100% | 4h | 0.07487 | −0.767% | $148K | $455K | 10x | as long as short |
GRVT LA_USDT_Perp