Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.021%
Price spread now: OKX against Bybit−0.074%7-day average −0.062% · you buy dearer than you sell
Net, funding: paid 7d − costs−$89as in the Funding arb table
Net, price: spread back to 7d avg − costs−$81as in the Price arb table
costs, in and out, $10k−$800.799% of the position
Funding, last 7 days−0.089%−$9 on $10k
+Price spread, last 7 days+0.022%+$2 · spread now −0.074%, 7d avg −0.062%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit OKBUSDT | 122.22 | 0.0100 | pay 0.0050% / 4h | 3h 30m | $2.5M | $1.0M | 25x |
| Short | OKX OKB-USDT-SWAP | 122.13 | 0.0100 | get 0.0050% / 4h | 3h 30m | $30.3M | $45.3M | 20x |
Bybit OKBUSDT
OKX OKB-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
- $0
- Price spread: −0.074% → −0.062%
- −$1.19
- Slippage, 4 orders
- −$58.89
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$81.08
- Costs to cover
- 0.799%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 1 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, 1 min ago | 1.23 bp | 33.7 bp −$34 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 3 min ago | 1.23 bp | 10.2 bp −$10 | 29.2 bp −$292 | doesn't fit | doesn't fit |
OKB on 10 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 OKBUSDT | −0.4093% | 1h | 121.38 | −0.689% | $49K | $39K | 5x | as long as short |
| Injective OKB/USDC PERP | +0.0033% | 1h | 123.18 | +0.785% | $25 | $304K | 5.5x | as long as short |
| BingX OKB-USDT | +0.0036% | 4h | 122.16 | −0.049% | — | $2.8M | — | as long as short |
| Bybit OKBUSDTlong | +0.0100% | 4h | 122.22 | long leg | $2.5M | $1.0M | 25x | |
| OKX OKB-USDT-SWAPshort | +0.0100% | 4h | 122.13 | −0.074% | $30.3M | $45.3M | 20x | |
| Gate OKB_USDT | +0.0100% | 8h | 122.05 | −0.139% | $1.5M | $620K | 25x | as long as short |
| MEXC OKB_USDT | +0.0100% | 4h | 122.16 | −0.049% | $1.1M | $413K | 25x | as long as short |
| Variational Omni OKB | +0.0100% | 4h | 122.26 | +0.036% | $54K | $27K | — | as long as short |
| HTX OKB-USDT | +0.0100% | 8h | 122.39 | +0.139% | $66K | $324K | 10x | as long as short |
| GMX OKB/USD [ETH-USDC] | L +0.0269% / S −0.0266% | 1h | 122.08 | −0.116% | $3K | — | 100x | as long as short |
Aster OKBUSDT
Injective OKB/USDC PERP
BingX OKB-USDT
Gate OKB_USDT
MEXC OKB_USDT
Variational Omni OKB
HTX OKB-USDT
GMX OKB/USD [ETH-USDC]