MUBARAK

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0489%/8h= +53.5% APRnext payment +$2.44 per $10,000 · paid last 24h +0.021%

Price spread now: Bybit against OKX+0.048%7-day average −0.018% · you sell dearer than you buy

Net, funding: paid 7d − costs−$145as in the Funding arb table

Net, price: spread back to 7d avg − costs−$128as in the Price arb table

costs, in and out, $10k−$1351.347% of the position

Long on OKX Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.102%−$10 on $10k

Price spread, last 7 days−0.074%−$7 · spread now +0.048%, 7d avg −0.018%

Together, before fees−0.175%−$18 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$15 a day on $10k at the current rate, and Bybit is 0.066% dearer against OKX than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.018%. Mind the row above: over the last 7 days funding on this pair cost −0.102%, so the current rate has only just turned in your favour.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.102% in total (about -5.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.44 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	OKX MUBARAK-USDT-SWAP	0.04385	0.0100	pay 0.0050% / 4h	1h 22m	$2.6M	$52.5M	20x
Short	Bybit MUBARAKUSDT	0.04387	0.0589	get 0.0294% / 4h	1h 22m	$3.4M	$10.6M	25x

Funding 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 it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee OKXbpFee BybitbpOrdersPrice spread, now +0.048%Rate

Funding earned: $102.64
Price spread: +0.048% → −0.018%: $6.63
Slippage, 4 orders: −$113.71
Fee OKX: 5 bp × 2 orders: −$10
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$25.44
Costs to cover: 1.347%
Break-even: 8.7 days

Slippage from OKX: live order book, 1 min ago; Bybit: live order book, 1 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, 1 min ago	3.42 bp	16.8 bp −$17	127.1 bp −$1,271	doesn't fit	doesn't fit
Sell Bybit live order book, 1 min ago	2.28 bp	51.2 bp −$51	165.4 bp −$1,654	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
OKX MUBARAK-USDT-SWAPlong	+0.0100%	4h	0.04385	long leg	$2.6M	$52.5M	20x
MEXC MUBARAK_USDT	+0.0100%	4h	0.04385	+0.002%	$859K	$1.5M	50x	as long as short
Bitget MUBARAKUSDT	+0.0100%	4h	0.04392	+0.162%	$2.7M	$7.1M	25x	as long as short
Variational Omni MUBARAK	+0.0100%	4h	0.04372	−0.285%	$13K	$51K	—	as long as short
Binance MUBARAKUSDT	+0.0104%	4h	0.04385	+0.002%	$15.8M	$85.4M	25x	as long as short
Aster MUBARAKUSDT	+0.0251%	4h	0.04382	−0.067%	$21K	$388K	5x	as long as short
Gate MUBARAK_USDT	+0.0548%	4h	0.04389	+0.094%	$6.9M	$5.4M	50x	as long as short
BingX MUBARAK-USDT	+0.0548%	4h	0.04388	+0.071%	—	$3.1M	—	as long as short
Bybit MUBARAKUSDTshort	+0.0589%	4h	0.04387	+0.048%	$3.4M	$10.6M	25x
KuCoin MUBARAKUSDTM	+0.1632%	4h	0.04395	+0.230%	$1.5M	$983K	30x	as long as short

Show all 11 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Kraken Futures PF_MUBARAKUSD	+0.2116%	1h	0.04389	+0.084%	$65K	$420K	10x	as long as short