Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.014%
Price spread now: Bybit against OKX−0.062%7-day average −0.016% · you buy dearer than you sell
Net, funding: paid 7d − costs−$125as in the Funding arb table
Net, price: spread back to 7d avg − costs−$120as in the Price arb table
costs, in and out, $10k−$1151.149% of the position
Funding, last 7 days−0.100%−$10 on $10k
+Price spread, last 4 days (all we have)+0.014%+$1 · spread now −0.062%, 7d avg −0.016%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.046% cheaper against OKX than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.016%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX VANA-USDT-SWAP | 1.1215 | 0.0100 | pay 0.0050% / 4h | 29m 27s | $173K | $401K | 20x |
| Short | Bybit VANAUSDT | 1.1208 | 0.0100 | get 0.0050% / 4h | 29m 27s | $1.2M | $869K | 25x |
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 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: −0.062% → −0.016%
- −$4.63
- Slippage, 4 orders
- −$93.88
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$119.51
- Costs to cover
- 1.149%
- Break-even
- never at this rate
Slippage from OKX: live order book, 26 min ago; Bybit: live order book, 1 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, 26 min ago | 4.47 bp | 26.2 bp −$26 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 1 min ago | 3.13 bp | 25.9 bp −$26 | 154.7 bp −$1,547 | doesn't fit | doesn't fit |
VANA 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster VANAUSDT | +0.0100% | 4h | 1.1215 | −0.001% | $5K | $38K | 5x | as long as short |
| Binance VANAUSDT | +0.0100% | 4h | 1.1202 | −0.114% | $2.1M | $3.1M | 50x | as long as short |
| Bybit VANAUSDTshort | +0.0100% | 4h | 1.1208 | −0.062% | $1.2M | $869K | 25x | |
| OKX VANA-USDT-SWAPlong | +0.0100% | 4h | 1.1215 | long leg | $173K | $401K | 20x | |
| Gate VANA_USDT | +0.0100% | 4h | 1.1190 | −0.223% | $128K | $293K | 50x | as long as short |
| MEXC VANA_USDT | +0.0100% | 4h | 1.1210 | −0.045% | $226K | $110K | 20x | as long as short |
| KuCoin VANAUSDTM | +0.0100% | 4h | 1.1200 | −0.134% | $262K | $34K | 30x | as long as short |
| Bitget VANAUSDT | +0.0100% | 4h | 1.1200 | −0.134% | $446K | $296K | 50x | as long as short |
| BingX VANA-USDT | +0.0100% | 4h | 1.1211 | −0.036% | — | $6.6M | — | as long as short |
| BloFin VANA-USDT | +0.0140% | 4h | 1.1210 | −0.045% | $99K | $8K | 50x | as long as short |
OKX VANA-USDT-SWAP
Bybit VANAUSDT
Aster VANAUSDT
Binance VANAUSDT
Gate VANA_USDT
MEXC VANA_USDT
KuCoin VANAUSDTM
Bitget VANAUSDT
BingX VANA-USDT
BloFin VANA-USDT