Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.003%
Price spread now: Bybit against OKX−0.060%7-day average +0.033% · you buy dearer than you sell
Net, funding: paid 7d − costs−$116as in the Funding arb table
Net, price: spread back to 7d avg − costs−$123as in the Price arb table
costs, in and out, $10k−$1141.137% of the position
Funding, last 7 days−0.022%−$2 on $10k
+Price spread, last 7 days+0.103%+$10 · spread now −0.060%, 7d avg +0.033%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.092% cheaper against OKX than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of +0.033%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX RE-USDT-SWAP | 0.4693 | 0.0100 | pay 0.0050% / 4h | 0m 42s | $1.9M | $3.6M | 20x |
| Short | Bybit REUSDT | 0.4690 | 0.0100 | get 0.0050% / 4h | 0m 42s | $1.5M | $1.3M | 20x |
OKX RE-USDT-SWAP
Bybit REUSDTFunding 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: −0.060% → +0.033%
- −$9.22
- Slippage, 4 orders
- −$92.75
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$122.96
- Costs to cover
- 1.137%
- Break-even
- never at this rate
Slippage from OKX: live order book, 2 min ago; Bybit: live order book, just now.
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, 2 min ago | 0.75 bp | 17.4 bp −$17 | 152.9 bp −$1,529 | doesn't fit | doesn't fit |
| Sell Bybit live order book, just now | 1.07 bp | 36.7 bp −$37 | doesn't fit | doesn't fit | doesn't fit |
RE on 14 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 | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) RE/USD | L −0.0025% / S +0.0026% | 1h | 0.4688 | −0.097% | — | — | 150x | as long as short |
| Aster REUSDT | +0.0100% | 4h | 0.4690 | −0.056% | $36K | $26K | 20x | as long as short |
| Binance REUSDT | +0.0100% | 4h | 0.4689 | −0.079% | $8.4M | $8.8M | 50x | as long as short |
| Bybit REUSDTshort | +0.0100% | 4h | 0.4690 | −0.060% | $1.5M | $1.3M | 20x | |
| OKX RE-USDT-SWAPlong | +0.0100% | 4h | 0.4693 | long leg | $1.9M | $3.6M | 20x | |
| Gate RE_USDT | +0.0100% | 4h | 0.4687 | −0.128% | $423K | $971K | 20x | as long as short |
| MEXC RE_USDT | +0.0100% | 4h | 0.4689 | −0.081% | $1.2M | $447K | 50x | as long as short |
| KuCoin REUSDTM | +0.0100% | 4h | 0.4690 | −0.062% | $1.4M | $983K | 20x | as long as short |
| Bitget REUSDT | +0.0100% | 4h | 0.4689 | −0.077% | $1.8M | $641K | 20x | as long as short |
| BingX RE-USDT | +0.0100% | 4h | 0.4689 | −0.081% | — | $1.7M | — | as long as short |
gTrade (Gains Network) RE/USD
Aster REUSDT
Binance REUSDT
Gate RE_USDT
MEXC RE_USDT
KuCoin REUSDTM
Bitget REUSDT
BingX RE-USDTShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX REUSDC | +0.0100% | 4h | 0.4684 | −0.187% | $8K | $221K | 10x | as long as short |
| Orderly PERP_RE_USDC_mythos | +0.0100% | 4h | 0.4690 | −0.060% | $4K | — | 10x | as long as short |
| BloFin RE-USDT | +0.0102% | 4h | 0.4692 | −0.017% | $370K | $69K | 50x | as long as short |
| Extended RE-USD | +0.0104% | 1h | 0.4688 | −0.109% | $797 | — | 5x | as long as short |
edgeX REUSDC
Orderly PERP_RE_USDC_mythos
BloFin RE-USDT
Extended RE-USD