Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.029%
Price spread now: OKX against Bybit+0.191%7-day average −0.013% · you sell dearer than you buy
Net, funding: paid 7d − costs−$139as in the Funding arb table
Net, price: spread back to 7d avg − costs−$127as in the Price arb table
costs, in and out, $10k−$1471.474% of the position
Funding, last 7 days+0.083%+$8 on $10k
+Price spread, last 4 days (all we have)−0.112%−$11 · spread now +0.191%, 7d avg −0.013%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.204% dearer against Bybit than usual: you sell high and buy low, +$20 on $10k if it goes back to its 7-day average of −0.013%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit WCTUSDT | 0.04195 | 0.0100 | pay 0.0050% / 4h | 2h 50m | $885K | $492K | 25x |
| Short | OKX WCT-USDT-SWAP | 0.04203 | 0.0100 | get 0.0050% / 4h | 2h 50m | $384K | $604K | 20x |
Bybit WCTUSDT
OKX WCT-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: +0.191% → −0.013%
- $20.41
- Slippage, 4 orders
- −$126.43
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$127.02
- Costs to cover
- 1.474%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 15 min ago; OKX: live order book, 15 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, 15 min ago | 5.91 bp | 41.3 bp −$41 | 88.6 bp −$886 | doesn't fit | doesn't fit |
| Sell OKX live order book, 15 min ago | 4.72 bp | 41.5 bp −$41 | doesn't fit | doesn't fit | doesn't fit |
WCT on 11 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 WCT-USDT | +0.0050% | 4h | 0.04198 | +0.072% | $98K | $4K | 50x | as long as short |
| Hyperliquid WCT | +0.0100% | 1h | 0.04206 | +0.257% | $192K | $265K | 3x | as long as short |
| Binance WCTUSDT | +0.0100% | 4h | 0.04203 | +0.191% | $1.9M | $2.5M | 25x | as long as short |
| Bybit WCTUSDTlong | +0.0100% | 4h | 0.04195 | long leg | $885K | $492K | 25x | |
| OKX WCT-USDT-SWAPshort | +0.0100% | 4h | 0.04203 | +0.191% | $384K | $604K | 20x | |
| Gate WCT_USDT | +0.0100% | 8h | 0.04194 | −0.024% | $103K | $48K | 25x | as long as short |
| MEXC WCT_USDT | +0.0100% | 4h | 0.04203 | +0.191% | $387K | $127K | 50x | as long as short |
| KuCoin WCTUSDTM | +0.0100% | 4h | 0.04198 | +0.072% | $127K | $31K | 25x | as long as short |
| Bitget WCTUSDT | +0.0100% | 4h | 0.04196 | +0.024% | $403K | $328K | 25x | as long as short |
| BingX WCT-USDT | +0.0100% | 4h | 0.04194 | −0.024% | — | $6.5M | — | as long as short |
BloFin WCT-USDT
Hyperliquid WCT
Binance WCTUSDT
Gate WCT_USDT
MEXC WCT_USDT
KuCoin WCTUSDTM
Bitget WCTUSDT
BingX WCT-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni WCT | +0.0100% | 4h | 0.04190 | −0.123% | $7K | $2K | — | as long as short |
Variational Omni WCT