Funding you earn now, next payment 12:00 UTC−0.0835%/8h= −91.4% APRnext payment −$4.18 per $10,000 · paid last 24h −0.073%
Price spread now: OKX against Bybit+0.208%7-day average +0.015% · you sell dearer than you buy
Net, funding: paid 7d − costs−$95as in the Funding arb table
Net, price: spread back to 7d avg − costs−$80as in the Price arb table
costs, in and out, $10k−$1000.997% of the position
Funding, last 7 days+0.049%+$5 on $10k
+Price spread, last 7 days−0.260%−$26 · spread now +0.208%, 7d avg +0.015%
=The price spread pays, funding is against you. OKX is 0.193% dearer against Bybit than usual: you sell high and buy low (spread +0.208% now, against its 7-day average of +0.015%): +$19 on $10k if it goes back. Holding the pair costs −$25 a day in funding at the current rate, which eats that in about 18 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.049% in total (about 2.6% a year). A funding rate is set anew for every payment; at this rate the next one is about −$4.18 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit MUBARAKUSDT | 0.05530 | 0.1867 | pay 0.0934% / 4h | 3h 10m | $5.3M | $34.5M | 25x |
| Short | OKX MUBARAK-USDT-SWAP | 0.05541 | 0.1032 | get 0.0516% / 4h | 3h 10m | $4.5M | $133.8M | 20x |
Bybit MUBARAKUSDT
OKX MUBARAK-USDT-SWAPFunding 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
- −$175.35
- Price spread: +0.208% → +0.015%
- $19.27
- Slippage, 4 orders
- −$78.66
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$255.74
- Costs to cover
- 0.997%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 3 min ago; OKX: 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 Bybit live order book, 3 min ago | 5.72 bp | 29.6 bp −$30 | 128.9 bp −$1,289 | doesn't fit | doesn't fit |
| Sell OKX live order book, 3 min ago | 2.26 bp | 18.7 bp −$19 | 83.7 bp −$837 | doesn't fit | doesn't fit |
MUBARAK 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 MUBARAKUSDT | +0.0728% | 4h | 0.05516 | −0.246% | $46K | $1.1M | 5x | as long as short |
| Binance MUBARAKUSDT | +0.0778% | 4h | 0.05517 | −0.228% | $25.1M | $247.0M | 25x | as long as short |
| MEXC MUBARAK_USDT | +0.0788% | 4h | 0.05516 | −0.246% | $1.9M | $3.1M | 50x | as long as short |
| Bitget MUBARAKUSDT | +0.0798% | 4h | 0.05526 | −0.065% | $3.9M | $22.8M | 25x | as long as short |
| OKX MUBARAK-USDT-SWAPshort | +0.1032% | 4h | 0.05541 | +0.208% | $4.5M | $133.8M | 20x | |
| KuCoin MUBARAKUSDTM | +0.1082% | 4h | 0.05511 | −0.336% | $3.1M | $3.9M | 30x | as long as short |
| Kraken Futures PF_MUBARAKUSD | +0.1421% | 1h | 0.05448 | −1.473% | $90K | $860K | 10x | as long as short |
| Variational Omni MUBARAK | +0.1636% | 4h | 0.05495 | −0.626% | $13K | $77K | — | as long as short |
| BingX MUBARAK-USDT | +0.1768% | 4h | 0.05526 | −0.065% | — | $5.0M | — | as long as short |
| Bybit MUBARAKUSDTlong | +0.1867% | 4h | 0.05530 | long leg | $5.3M | $34.5M | 25x |
Aster MUBARAKUSDT
Binance MUBARAKUSDT
MEXC MUBARAK_USDT
Bitget MUBARAKUSDT
KuCoin MUBARAKUSDTM
Kraken Futures PF_MUBARAKUSD
Variational Omni MUBARAK
BingX MUBARAK-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate MUBARAK_USDT | +0.2366% | 4h | 0.05538 | +0.152% | $9.5M | $14.7M | 50x | as long as short |
Gate MUBARAK_USDT