Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.073%
Price spread now: OKX against Bybit−0.286%7-day average −0.006% · you buy dearer than you sell
Net, funding: paid 7d − costs−$681as in the Funding arb table
Net, price: spread back to 7d avg − costs−$712as in the Price arb table
costs, in and out, $10k−$6846.840% of the position
Funding, last 7 days+0.031%+$3 on $10k
+Price spread, last 4 days (all we have)+0.338%+$34 · spread now −0.286%, 7d avg −0.006%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.280% cheaper against Bybit than usual: you would sell low and buy high, −$28 on $10k if it goes back to its 7-day average of −0.006%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit BSPUSDT | 38.520 | 0 | get 0.0000% / 8h | 6h 58m | $379K | $80K | 25x |
| Short | OKX BSP-USDT-SWAP | 38.410 | 0 | get 0.0000% / 8h | 6h 58m | $153K | $157K | 10x |
Bybit BSPUSDT
OKX BSP-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: −0.286% → −0.006%
- −$27.96
- Slippage, 4 orders
- −$663.01
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$711.98
- Costs to cover
- 6.840%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 26 min ago; OKX: live order book, 31 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, 26 min ago | 7.80 bp | 151.9 bp −$152 | 236.5 bp −$2,365 | doesn't fit | doesn't fit |
| Sell OKX live order book, 31 min ago | 9.09 bp | 103.1 bp −$103 | doesn't fit | doesn't fit | doesn't fit |
BSP on 7 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance BSPUSDT | 0.0000% | 8h | 38.530 | +0.026% | $480K | $687K | 10x | as long as short |
| Bybit BSPUSDTlong | 0.0000% | 8h | 38.520 | long leg | $379K | $80K | 25x | |
| OKX BSP-USDT-SWAPshort | 0.0000% | 8h | 38.410 | −0.286% | $153K | $157K | 10x | |
| Gate BSP_USDT | 0.0000% | 8h | 38.500 | −0.052% | $251K | $243K | 25x | as long as short |
| Bitget BSPUSDT | 0.0000% | 8h | 38.541 | +0.055% | $100K | $64K | 20x | as long as short |
| KuCoin BSPUSDTM | +0.0100% | 8h | 38.640 | +0.312% | $50K | $274K | 20x | as long as short |
| HTX BSP-USDT | +0.0100% | 8h | 38.460 | −0.156% | $6K | $42K | 10x | as long as short |
Binance BSPUSDT
Gate BSP_USDT
Bitget BSPUSDT
KuCoin BSPUSDTM
HTX BSP-USDT