Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.02425 | −0.2764 | get 0.1382% / 4h | 1h 26m | $2.1M | $85.7M | 20x | Long OKX | |
| SHORT | 0.02432 | −0.1628 | pay 0.0814% / 4h | 1h 26m | $351K | $1.1M | 25x | Short 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 forecastFunding+$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
/8hXDP on 6 exchanges
lowest funding firstBefore you open
2 ok · 3 to watch- Watch: Thin at this size21.0 / 66.0 bpAt $10k entering Bybit costs 66.0 bp, fee and slippage, 3.1× OKX’s.
- Note: Margin at max leverage$500 + $400OKX 20x, Bybit 25x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- OK: Same payment interval4h / 4hBoth 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 OIBybit sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCOKX Yes · Bybit YesAdvanced verification before trading, deposits or withdrawals.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding 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 agoCost to enter
taker + slippage from mid, one sideBUY · 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.
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