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−0.166%7-day average +0.011% · you buy dearer than you sell
Net, funding: paid 7d − costs−$195as in the Funding arb table
Net, price: spread back to 7d avg − costs−$213as in the Price arb table
costs, in and out, $10k−$1951.954% of the position
Funding, last 7 days+0.003%$0 on $10k
+Price spread, last 7 days+0.150%+$15 · spread now −0.166%, 7d avg +0.011%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.177% cheaper against OKX than usual: you would sell low and buy high, −$18 on $10k if it goes back to its 7-day average of +0.011%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX WET-USDT-SWAP | 0.07214 | 0.0100 | pay 0.0050% / 4h | 50m 39s | $816K | $3.6M | 20x |
| Short | Bybit WETUSDT | 0.07202 | 0.0100 | get 0.0050% / 4h | 50m 39s | $1.6M | $1.5M | 50x |
OKX WET-USDT-SWAP
Bybit WETUSDTFunding 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: −0.166% → +0.011%
- −$17.72
- Slippage, 4 orders
- −$174.43
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$213.15
- Costs to cover
- 1.954%
- Break-even
- never at this rate
Slippage from OKX: live order book, 2 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, 2 min ago | 3.51 bp | 33.4 bp −$33 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 1 min ago | 6.28 bp | 69.0 bp −$69 | 470.4 bp −$4,704 | doesn't fit | doesn't fit |
WET 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 WETUSDTshort | +0.0100% | 4h | 0.07202 | −0.166% | $1.6M | $1.5M | 50x | |
| OKX WET-USDT-SWAPlong | +0.0100% | 4h | 0.07214 | long leg | $816K | $3.6M | 20x | |
| Gate WET_USDT | +0.0100% | 8h | 0.07195 | −0.263% | $1.1M | $80K | 50x | as long as short |
| KuCoin WETUSDTM | +0.0100% | 4h | 0.07217 | +0.042% | $701K | $737K | 50x | as long as short |
| Bitget WETUSDT | +0.0100% | 4h | 0.07204 | −0.139% | $599K | $183K | 25x | as long as short |
| BloFin WET-USDT | +0.0130% | 4h | 0.07118 | −1.331% | $91K | $11K | 50x | as long as short |
| Binance WETUSDT | +0.0230% | 4h | 0.07215 | +0.014% | $1.4M | $5.1M | 50x | as long as short |
| MEXC WET_USDT | +0.0230% | 4h | 0.07210 | −0.055% | $179K | $166K | 50x | as long as short |
| BingX WET-USDT | +0.0256% | 4h | 0.07204 | −0.139% | — | $6.6M | — | as long as short |
| Aster WETUSDT | +0.0783% | 4h | 0.07161 | −0.738% | $15K | $35K | 5x | as long as short |
Gate WET_USDT
KuCoin WETUSDTM
Bitget WETUSDT
BloFin WET-USDT
Binance WETUSDT
MEXC WET_USDT
BingX WET-USDT
Aster WETUSDT