Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against OKX−0.133%7-day average +0.100% · you buy dearer than you sell
Net, funding: paid 7d − costs−$726as in the Funding arb table
Net, price: spread back to 7d avg − costs−$756as in the Price arb table
costs, in and out, $10k−$7327.324% of the position
Funding, last 7 days+0.060%+$6 on $10k
+Price spread, last 4 days (all we have)+0.289%+$29 · spread now −0.133%, 7d avg +0.100%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.232% cheaper against OKX than usual: you would sell low and buy high, −$23 on $10k if it goes back to its 7-day average of +0.100%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX YB-USDT-SWAP | 0.09046 | 0.0100 | pay 0.0050% / 4h | 45m 12s | $418K | $225K | 20x |
| Short | Bybit YBUSDT | 0.09034 | 0.0100 | get 0.0050% / 4h | 45m 12s | $595K | $103K | 25x |
OKX YB-USDT-SWAP
Bybit YBUSDTFunding 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: −0.133% → +0.100%
- −$23.23
- Slippage, 4 orders
- −$711.38
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$755.61
- Costs to cover
- 7.324%
- Break-even
- never at this rate
Slippage from OKX: live order book, 55 min ago; Bybit: live order book, 50 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, 55 min ago | 3.32 bp | 84.4 bp −$84 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 50 min ago | 10.46 bp | 163.9 bp −$164 | doesn't fit | doesn't fit | doesn't fit |
YB on 12 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 YB-USDT | +0.0091% | 4h | 0.09039 | −0.077% | $104K | $12K | 20x | as long as short |
| Aster YBUSDT | +0.0100% | 4h | 0.09055 | +0.099% | $7K | $2K | 5x | as long as short |
| Binance YBUSDT | +0.0100% | 4h | 0.09045 | −0.012% | $2.1M | $1.1M | 20x | as long as short |
| Bybit YBUSDTshort | +0.0100% | 4h | 0.09034 | −0.133% | $595K | $103K | 25x | |
| OKX YB-USDT-SWAPlong | +0.0100% | 4h | 0.09046 | long leg | $418K | $225K | 20x | |
| Gate YB_USDT | +0.0100% | 4h | 0.09040 | −0.066% | $104K | $23K | 20x | as long as short |
| MEXC YB_USDT | +0.0100% | 4h | 0.09030 | −0.177% | $627K | $124K | 50x | as long as short |
| KuCoin YBUSDTM | +0.0100% | 4h | 0.09030 | −0.177% | $214K | $33K | 20x | as long as short |
| Bitget YBUSDT | +0.0100% | 4h | 0.09040 | −0.066% | $551K | $27K | 10x | as long as short |
| BingX YB-USDT | +0.0100% | 4h | 0.09040 | −0.066% | — | $6.5M | — | as long as short |
BloFin YB-USDT
Aster YBUSDT
Binance YBUSDT
Gate YB_USDT
MEXC YB_USDT
KuCoin YBUSDTM
Bitget YBUSDT
BingX YB-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni YB | +0.0100% | 4h | 0.09039 | −0.080% | $3K | $3K | — | as long as short |
| SunX YB-USDT | +0.0100% | 4h | 0.09240 | +2.145% | $2K | $1.4M | 20x | as long as short |
Variational Omni YB
SunX YB-USDT