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 | 8m 03s | $196K | $182K | 10x | Long OKX | |
| SHORT | 0.1755 | +0.0100 | get 0.0100% / 8h | 8m 03s | $305K | $90K | 20x | Short Bybit |
Price gap+0.228%
Funding gap0.0000% /8h
Funding is ≈ 0, so this is a price-spread trade: +$5 on $10k if the gap goes back to its 7d average.
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+$5spread +0.228% now, avg +0.183% → +0.046% if it goes back
Costs−$2982.982% of $10k · taker + slippage, in and out
Result−$281−2.81%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+0.228%
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
2 ok · 3 to watch- Watch: Thin at this size70.8 / 76.6 bpAt $10k entering Bybit costs 76.6 bp, fee and slippage, 1.1× OKX’s.
- Note: Margin at max leverage$1,000 + $500OKX 10x, Bybit 20x. 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 OKX: 3 payments, −$3.00; short Bybit: 3 payments, +$3.00.
- OK: Entry gap works for you+0.228% vs +0.183%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Long leg is thinner$196K vs $305K OIOKX sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCOKX Yes · Bybit YesAdvanced verification before trading, deposits or withdrawals.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0059%/8h × 21 periods+$12.32
Price spread+0.228% → +0.183% (7d avg)+$4.58
Slippage, 4 orderslive order books−$277.16
Fee OKX bp × 2 orders−$10.00
Fee Bybit bp × 2 orders−$11.00
Net · 7 days · $10k−$281.27
Costs to cover2.982%Break-even166.9 days
Slippage: OKX: live order book, 32 min ago; Bybit: live order book, 27 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGOKX5.7770.8 bp−$7130895.9 bp−$309.0Kdoesn’t fitdoesn’t fit
SELL · SHORTBybit8.6276.6 bp−$77doesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.
Injective