Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.1751 | +0.0100 | pay 0.0100% / 8h | 7h 58m | $305K | $89K | 20x | Long Bybit | |
| SHORT | 0.1746 | +0.0100 | get 0.0100% / 8h | 7h 58m | $194K | $183K | 10x | Short OKX |
Price gap−0.343%
Funding gap0.0000% /8h
Funding is ≈ 0 and the gap is 0.160% under its 7d average: the price leg works against you, −$16 on $10k if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$120.0000% /8h now · paid −0.123% over the last 7D
Price−$16spread −0.343% now, avg −0.182% → −0.160% if it goes back
Costs−$2982.982% of $10k · taker + slippage, in and out
Result−$327−3.27%no points
Price and funding
1h · historyEntry / Exit
Price spread
Prices
Fundingper 8h
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now−0.343%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hLQTY on 10 exchanges
lowest funding firstBefore you open
1 ok · 4 to watch- Watch: Thin at this size92.9 / 57.9 bpAt $10k entering Bybit costs 92.9 bp, fee and slippage, 1.6× OKX’s.
- Note: Margin at max leverage$500 + $1,000Bybit 20x, OKX 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- OK: Same payment interval8h / 8hBoth legs pay at the same time.Next 24h at the current rates, on $10k a leg: $0.00Long Bybit: 3 payments, −$3.00; short OKX: 3 payments, +$3.00.
- Watch: Gap narrower than usual−0.343% vs −0.182%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thinner$194K vs $305K OIOKX sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCBybit Yes · OKX YesStandard verification is mandatory for every product.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0059%/8h × 21 periods−$12.32
Price spread−0.343% → −0.182% (7d avg)−$16.03
Slippage, 4 orderslive order books−$277.16
Fee Bybit bp × 2 orders−$11.00
Fee OKX bp × 2 orders−$10.00
Net · 7 days · $10k−$326.50
Costs to cover2.982%Break-evennever at this rate
Slippage: Bybit: live order book, 37 min ago; OKX: live order book, 42 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBybit8.6292.9 bp−$93doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTOKX5.7757.9 bp−$58doesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.
Injective