Funding arb · Price arb /

SPACE

all SPACE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.019%

Price spread now: Bybit against OKX+0.059%7-day average +0.029% · you sell dearer than you buy

Net, funding: paid 7d − costs−$584as in the Funding arb table

Net, price: spread back to 7d avg − costs−$606as in the Price arb table

costs, in and out, $10k−$6096.088% of the position

Long on OKX Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days+0.244%+$24 on $10k

Price spread, last 4 days (all we have)−0.025%−$2 · spread now +0.059%, 7d avg +0.029%

Together, before fees+0.219%+$22 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.030% dearer against OKX than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.029%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX SPACE-USDT-SWAP	0.005093	0.0100	pay 0.0050% / 4h	3h 43m	$1.5M	$1.2M	20x
Short	Bybit SPACEUSDT	0.005096	0.0100	get 0.0050% / 4h	3h 43m	$784K	$165K	13x

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 +0.059%Rate

Funding earned: $0
Price spread: +0.059% → +0.029%: $3.01
Slippage, 4 orders: −$587.81
Fee OKX: 5 bp × 2 orders: −$10
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$605.8
Costs to cover: 6.088%
Break-even: never at this rate

Slippage from OKX: live order book, 4 min ago; Bybit: live order book, 27 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, 4 min ago	4.92 bp	45.7 bp −$46	doesn't fit	doesn't fit	doesn't fit
Sell Bybit live order book, 27 min ago	5.90 bp	239.1 bp −$239	doesn't fit	doesn't fit	doesn't fit

SPACE on 9 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 SPACE-USDT	+0.0044%	4h	0.005099	+0.118%	$159K	$8K	50x	as long as short
Binance SPACEUSDT	+0.0100%	4h	0.005107	+0.275%	$1.9M	$2.0M	50x	as long as short
Bybit SPACEUSDTshort	+0.0100%	4h	0.005096	+0.059%	$784K	$165K	13x
OKX SPACE-USDT-SWAPlong	+0.0100%	4h	0.005093	long leg	$1.5M	$1.2M	20x
Gate SPACE_USDT	+0.0100%	4h	0.005089	−0.079%	$765K	$407K	20x	as long as short
MEXC SPACE_USDT	+0.0100%	4h	0.005104	+0.216%	$404K	$150K	20x	as long as short
KuCoin SPACEUSDTM	+0.0100%	4h	0.005090	−0.059%	$642K	$104K	20x	as long as short
Bitget SPACEUSDT	+0.0100%	4h	0.005098	+0.098%	$889K	$238K	20x	as long as short
Aster SPACEUSDT	+0.0863%	4h	0.005092	−0.026%	$15K	$30K	5x	as long as short