Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −1.078%
Price spread now: OKX against Bybit+0.161%7-day average +0.128% · you sell dearer than you buy
Net, funding: paid 7d − costs−$394as in the Funding arb table
Net, price: spread back to 7d avg − costs−$266as in the Price arb table
costs, in and out, $10k−$2692.691% of the position
Funding, last 7 days−1.251%−$125 on $10k
+Price spread, last 4 days (all we have)−0.160%−$16 · spread now +0.161%, 7d avg +0.128%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.033% dearer against Bybit than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.128%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit TRUSTUSDT | 0.06206 | 0.0100 | pay 0.0050% / 4h | 3h 39m | $517K | $346K | 25x |
| Short | OKX TRUST-USDT-SWAP | 0.06216 | 0.0100 | get 0.0050% / 4h | 3h 39m | $116K | $222K | 10x |
Bybit TRUSTUSDT
OKX TRUST-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against Bybit. 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: +0.161% → +0.128%
- $3.32
- Slippage, 4 orders
- −$248.13
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$265.81
- Costs to cover
- 2.691%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 26 min ago; OKX: live order book, 31 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 Bybit live order book, 26 min ago | 3.33 bp | 72.9 bp −$73 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 31 min ago | 13.29 bp | 55.6 bp −$56 | doesn't fit | doesn't fit | doesn't fit |
TRUST 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit TRUSTUSDTlong | +0.0100% | 4h | 0.06206 | long leg | $517K | $346K | 25x | |
| OKX TRUST-USDT-SWAPshort | +0.0100% | 4h | 0.06216 | +0.161% | $116K | $222K | 10x | |
| Gate TRUST_USDT | +0.0100% | 8h | 0.06230 | +0.387% | $509K | $27K | 10x | as long as short |
| KuCoin TRUSTUSDTM | +0.0100% | 4h | 0.06203 | −0.048% | $293K | $724K | 10x | as long as short |
| Bitget TRUSTUSDT | +0.0100% | 4h | 0.06237 | +0.500% | $672K | $67K | 10x | as long as short |
| MEXC TRUST_USDT | +0.0268% | 4h | 0.06221 | +0.242% | $225K | $99K | 50x | as long as short |
| Binance TRUSTUSDT | +0.0269% | 4h | 0.06219 | +0.209% | $1.7M | $1.4M | 10x | as long as short |
| BingX TRUST-USDT | +0.0288% | 4h | 0.06229 | +0.371% | — | $6.5M | — | as long as short |
| Aster TRUSTUSDT | +0.0357% | 4h | 0.06205 | −0.013% | $10K | $7K | 5x | as long as short |
| Variational Omni TRUST | +0.3211% | 4h | 0.06236 | +0.484% | $57K | $409 | — | as long as short |
Gate TRUST_USDT
KuCoin TRUSTUSDTM
Bitget TRUSTUSDT
MEXC TRUST_USDT
Binance TRUSTUSDT
BingX TRUST-USDT
Aster TRUSTUSDT
Variational Omni TRUST