Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.025%
Price spread now: Bybit against OKX−0.008%7-day average +0.064% · you buy dearer than you sell
Net, funding: paid 7d − costs−$95as in the Funding arb table
Net, price: spread back to 7d avg − costs−$112as in the Price arb table
costs, in and out, $10k−$1041.044% of the position
Funding, last 7 days+0.098%+$10 on $10k
+Price spread, last 7 days+0.114%+$11 · spread now −0.008%, 7d avg +0.064%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.072% cheaper against OKX than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of +0.064%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX OKB-USDT-SWAP | 123.51 | 0.0100 | pay 0.0050% / 4h | 1h 43m | $29.9M | $40.2M | 20x |
| Short | Bybit OKBUSDT | 123.50 | 0.0100 | get 0.0050% / 4h | 1h 43m | $2.6M | $971K | 25x |
OKX OKB-USDT-SWAP
Bybit OKBUSDTFunding 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 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: −0.008% → +0.064%
- −$7.25
- Slippage, 4 orders
- −$83.41
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$111.66
- Costs to cover
- 1.044%
- Break-even
- never at this rate
Slippage from OKX: live order book, 1 min ago; Bybit: live order book, 4 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 | 0.81 bp | 10.3 bp −$10 | 30.3 bp −$303 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 4 min ago | 3.66 bp | 38.0 bp −$38 | doesn't fit | 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 | −0.3245% | 1h | 122.96 | −0.443% | $41K | $13K | 5x | as long as short |
| Injective OKB/USDC PERP | −0.0049% | 1h | 123.18 | −0.267% | $25 | $307K | 5.5x | as long as short |
| BingX OKB-USDT | +0.0036% | 4h | 123.40 | −0.089% | — | $2.8M | — | as long as short |
| Bybit OKBUSDTshort | +0.0100% | 4h | 123.50 | −0.008% | $2.6M | $971K | 25x | |
| OKX OKB-USDT-SWAPlong | +0.0100% | 4h | 123.51 | long leg | $29.9M | $40.2M | 20x | |
| Gate OKB_USDT | +0.0100% | 8h | 123.31 | −0.162% | $1.5M | $609K | 25x | as long as short |
| MEXC OKB_USDT | +0.0100% | 4h | 123.38 | −0.105% | $1.2M | $460K | 25x | as long as short |
| Variational Omni OKB | +0.0100% | 4h | 123.01 | −0.406% | $61K | $38K | — | as long as short |
| HTX OKB-USDT | +0.0100% | 8h | 123.62 | +0.089% | $67K | $273K | 10x | as long as short |
| GMX OKB/USD [ETH-USDC] | L +0.0269% / S −0.0266% | 1h | 123.32 | −0.154% | $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]