Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Bybit against OKX+0.050%7-day average −0.161% · you sell dearer than you buy
Net, funding: paid 7d − costs−$309as in the Funding arb table
Net, price: spread back to 7d avg − costs−$288as in the Price arb table
costs, in and out, $10k−$3093.092% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)−0.312%−$31 · spread now +0.050%, 7d avg −0.161%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.212% dearer against OKX than usual: you sell high and buy low, +$21 on $10k if it goes back to its 7-day average of −0.161%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX ORDER-USDT-SWAP | 0.03977 | 0.0100 | pay 0.0050% / 4h | 1h 54m | $161K | $306K | 20x |
| Short | Bybit ORDERUSDT | 0.03979 | 0.0100 | get 0.0100% / 8h | 1h 54m | $1.3M | $603K | 20x |
OKX ORDER-USDT-SWAP
Bybit ORDERUSDTFunding 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: +0.050% → −0.161%
- $21.18
- Slippage, 4 orders
- −$288.21
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$288.04
- Costs to cover
- 3.092%
- Break-even
- never at this rate
Slippage from OKX: live order book, 26 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, 26 min ago | 12.56 bp | 83.5 bp −$83 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 1 min ago | 6.28 bp | 75.7 bp −$76 | 395.3 bp −$3,953 | doesn't fit | doesn't fit |
ORDER 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin ORDER-USDT | +0.0091% | 8h | 0.03961 | −0.402% | $66K | $7K | 16x | as long as short |
| Binance ORDERUSDT | +0.0100% | 4h | 0.03991 | +0.345% | $1.4M | $1.5M | 50x | as long as short |
| Bybit ORDERUSDTshort | +0.0100% | 8h | 0.03979 | +0.050% | $1.3M | $603K | 20x | |
| OKX ORDER-USDT-SWAPlong | +0.0100% | 4h | 0.03977 | long leg | $161K | $306K | 20x | |
| Gate ORDER_USDT | +0.0100% | 4h | 0.03974 | −0.075% | $72K | $79K | 20x | as long as short |
| MEXC ORDER_USDT | +0.0100% | 4h | 0.03990 | +0.327% | $269K | $100K | 20x | as long as short |
| KuCoin ORDERUSDTM | +0.0100% | 4h | 0.03983 | +0.151% | $220K | $89K | 30x | as long as short |
| Bitget ORDERUSDT | +0.0100% | 4h | 0.03982 | +0.126% | $478K | $202K | 20x | as long as short |
| Variational Omni ORDER | +0.0100% | 8h | 0.03979 | +0.054% | $10K | $2K | — | as long as short |
| BingX ORDER-USDT | +0.0200% | 4h | 0.03977 | 0.000% | — | $1.3M | — | as long as short |
BloFin ORDER-USDT
Binance ORDERUSDT
Gate ORDER_USDT
MEXC ORDER_USDT
KuCoin ORDERUSDTM
Bitget ORDERUSDT
Variational Omni ORDER
BingX ORDER-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_ORDER_USDC | +0.0933% | 4h | 0.03989 | +0.302% | $188K | $215K | 10x | as long as short |
Orderly PERP_ORDER_USDC