Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against OKX+0.116%7-day average +0.113% · you sell dearer than you buy
Net, funding: paid 7d − costs−$163as in the Funding arb table
Net, price: spread back to 7d avg − costs−$151as in the Price arb table
costs, in and out, $10k−$1511.513% of the position
Funding, last 7 days−0.117%−$12 on $10k
+Price spread, last 7 days−0.044%−$4 · spread now +0.116%, 7d avg +0.113%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX STABLE-USDT-SWAP | 0.02496 | 0.0100 | pay 0.0050% / 4h | 1h 17m | $201K | $382K | 20x |
| Short | Bybit STABLEUSDT | 0.02499 | 0.0100 | get 0.0050% / 4h | 1h 17m | $1.5M | $727K | 25x |
OKX STABLE-USDT-SWAP
Bybit STABLEUSDTFunding 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: +0.116% → +0.113%
- $0.34
- Slippage, 4 orders
- −$130.31
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$150.98
- Costs to cover
- 1.513%
- Break-even
- never at this rate
Slippage from OKX: live order book, 43 min ago; Bybit: 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 OKX live order book, 43 min ago | 4.01 bp | 34.3 bp −$34 | 1394.0 bp −$13.9K | doesn't fit | doesn't fit |
| Sell Bybit live order book, 3 min ago | 4.01 bp | 45.5 bp −$46 | 185.4 bp −$1,854 | doesn't fit | doesn't fit |
STABLE on 15 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 STABLE-USDT | +0.0079% | 4h | 0.02495 | −0.040% | $118K | $7K | 75x | as long as short |
| Lighter STABLE | +0.0096% | 1h | 0.02504 | +0.325% | $115K | $6K | 3x | as long as short |
| Hyperliquid STABLE | +0.0100% | 1h | 0.02494 | −0.060% | $878K | $180K | 3x | as long as short |
| Aster STABLEUSDT | +0.0100% | 4h | 0.02494 | −0.095% | $19K | $8K | 20x | as long as short |
| Binance STABLEUSDT | +0.0100% | 4h | 0.02495 | −0.058% | $2.6M | $2.8M | 75x | as long as short |
| Bybit STABLEUSDTshort | +0.0100% | 4h | 0.02499 | +0.116% | $1.5M | $727K | 25x | |
| OKX STABLE-USDT-SWAPlong | +0.0100% | 4h | 0.02496 | long leg | $201K | $382K | 20x | |
| Gate STABLE_USDT | +0.0100% | 4h | 0.02495 | −0.040% | $176K | $58K | 50x | as long as short |
| MEXC STABLE_USDT | +0.0100% | 4h | 0.02495 | −0.040% | $617K | $168K | 20x | as long as short |
| KuCoin STABLEUSDTM | +0.0100% | 4h | 0.02499 | +0.120% | $185K | $29K | 30x | as long as short |
BloFin STABLE-USDT
Lighter STABLE
Hyperliquid STABLE
Aster STABLEUSDT
Binance STABLEUSDT
Gate STABLE_USDT
MEXC STABLE_USDT
KuCoin STABLEUSDTMShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget STABLEUSDT | +0.0100% | 4h | 0.02495 | −0.040% | $287K | $92K | 25x | as long as short |
| BingX STABLE-USDT | +0.0100% | 4h | 0.02496 | 0.000% | — | $6.5M | — | as long as short |
| Variational Omni STABLE | +0.0100% | 4h | 0.02495 | −0.059% | $146K | $50K | — | as long as short |
| SunX STABLE-USDT | +0.0100% | 4h | 0.02492 | −0.172% | $2K | $832K | 20x | as long as short |
| Extended STABLE-USD | +0.0104% | 1h | 0.02494 | −0.068% | $14K | $138K | 10x | as long as short |
Bitget STABLEUSDT
BingX STABLE-USDT
Variational Omni STABLE
SunX STABLE-USDT
Extended STABLE-USD