Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.025%
Price spread now: OKX against Bybit−0.060%7-day average −0.055% · you buy dearer than you sell
Net, funding: paid 7d − costs−$213as in the Funding arb table
Net, price: spread back to 7d avg − costs−$211as in the Price arb table
costs, in and out, $10k−$2102.101% of the position
Funding, last 7 days−0.027%−$3 on $10k
+Price spread, last 4 days (all we have)−0.023%−$2 · spread now −0.060%, 7d avg −0.055%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit UBUSDT | 0.1490 | 0.0100 | pay 0.0050% / 4h | 2h 28m | $1.0M | $2.6M | 20x |
| Short | OKX UB-USDT-SWAP | 0.1489 | 0.0100 | get 0.0050% / 4h | 2h 28m | $1.4M | $15.4M | 20x |
Funding 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: −0.060% → −0.055%
- −$0.5
- Slippage, 4 orders
- −$189.13
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$210.63
- Costs to cover
- 2.101%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 4 min ago; OKX: 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 Bybit live order book, 4 min ago | 6.69 bp | 65.1 bp −$65 | 424.3 bp −$4,243 | doesn't fit | doesn't fit |
| Sell OKX live order book, just now | 1.34 bp | 23.4 bp −$23 | 298.6 bp −$2,986 | doesn't fit | doesn't fit |
UB on 13 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance UBUSDT | +0.0100% | 4h | 0.1491 | +0.070% | $3.2M | $16.8M | 50x | as long as short |
| Bybit UBUSDTlong | +0.0100% | 4h | 0.1490 | long leg | $1.0M | $2.6M | 20x | |
| OKX UB-USDT-SWAPshort | +0.0100% | 4h | 0.1489 | −0.060% | $1.4M | $15.4M | 20x | |
| Gate UB_USDT | +0.0100% | 4h | 0.1491 | +0.047% | $1.5M | $3.5M | 25x | as long as short |
| MEXC UB_USDT | +0.0100% | 4h | 0.1492 | +0.128% | $655K | $727K | 100x | as long as short |
| KuCoin UBUSDTM | +0.0100% | 4h | 0.1490 | +0.014% | $1.1M | $1.3M | 20x | as long as short |
| Bitget UBUSDT | +0.0100% | 4h | 0.1492 | +0.101% | $2.4M | $3.4M | 50x | as long as short |
| BingX UB-USDT | +0.0100% | 4h | 0.1490 | +0.013% | — | $2.7M | — | as long as short |
| Variational Omni UB | +0.0100% | 4h | 0.1495 | +0.354% | $61 | $8K | — | as long as short |
| edgeX UBUSDC | +0.0100% | 4h | 0.1497 | +0.430% | $38K | $267K | 10x | as long as short |
Show all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX UB-USDT | +0.0100% | 4h | 0.1493 | +0.174% | $17K | $231K | 20x | as long as short |
| Extended UB-USD | +0.0104% | 1h | 0.1492 | +0.097% | $6K | $165K | 5x | as long as short |
| Aster UBUSDT | +0.0635% | 4h | 0.1496 | +0.373% | $406K | $191K | 5x | as long as short |
Bybit UBUSDT
OKX UB-USDT-SWAP
Binance UBUSDT
Gate UB_USDT
MEXC UB_USDT
KuCoin UBUSDTM
Bitget UBUSDT
BingX UB-USDT
Variational Omni UB
edgeX UBUSDC
HTX UB-USDT
Extended UB-USD
Aster UBUSDT