Settings8H · net · $10k
LanguageThe language of the site
FundingPeriod funding rates are shown in
UnitsPercent or basis points
CostsCount taker fees and slippage in Net
SizePosition per leg used for Net and slippage
ExchangesWhich exchanges to include everywhere
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Backtest 30d
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG0.02425−0.2764get 0.1382% / 4h1h 26m$2.1M$85.7M20xLong OKX
SHORT0.02432−0.1628pay 0.0814% / 4h1h 26m$351K$1.1M25xShort Bybit
Price gap+0.289%
Funding gap+0.1136% /8h

Both sides work: funding pays +$34 a day on $10k, and the gap is 0.151% above its 7d average: +$15 more if it goes back.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding+$16+0.1136% /8h now · paid +0.160% over the last 7 hours (all we have)
Price+$15spread +0.289% now, avg +0.137% → +0.151% if it goes back
Costs−$1821.817% of $10k · taker + slippage, in and out

Funding history

you earnyou payavg
RANGE STATS · 7D
Average /8h—
Highest—
Lowest—
Paid you—

Short leg rate minus long leg rate, per 8h. Above zero: the pair pays you.

Price spread between the two exchanges

Bybit price against OKXnow
RANGE STATS · 7D
Now+0.289%
Average—
Range—
Wider than now—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

XDP on 6 exchanges

lowest funding first

Before you open

2 ok · 3 to watch
  • Watch: Thin at this size21.0 / 66.0 bp
    At $10k entering Bybit costs 66.0 bp, fee and slippage, 3.1× OKX’s.
  • Note: Margin at max leverage$500 + $400
    OKX 20x, Bybit 25x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • OK: Same payment interval4h / 4h
    Both legs pay at the same time.
    Next 24h at the current rates, on $10k a leg: +$34.07Long OKX: 6 payments, +$82.92; short Bybit: 6 payments, −$48.85.
  • OK: Entry gap works for you+0.289% vs +0.137%
    You short the dearer leg. If the gap goes back to average, the short gains.
  • Watch: Short leg is thinner$351K vs $2.1M OI
    Bybit sets your exit cost. Check its book before closing.
  • Note: No points program—
    Neither exchange runs points right now.
  • Watch: KYCOKX Yes · Bybit Yes
    Advanced verification before trading, deposits or withdrawals.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned+0.1959%/8h × 21 periods+$411.49
Price spread+0.289% → +0.137% (7d avg)+$15.13
Slippage, 4 orderslive order books−$160.75
Fee OKX bp × 2 orders−$10.00
Fee Bybit bp × 2 orders−$11.00
Net · 7 days · $10k+$244.88
Costs to cover1.817%Break-even2.8 days
Slippage: OKX: live order book, 2 min ago; Bybit: live order book, 4 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGOKX2.0621.0 bp−$2195.6 bp−$956doesn’t fitdoesn’t fit
SELL · SHORTBybit6.1566.0 bp−$66369.8 bp−$3,698doesn’t fitdoesn’t fit

Closing costs about the same again.

Alert

XDP news

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