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: OKX against Bybit−0.016%7-day average +0.044% · you buy dearer than you sell
Net, funding: paid 7d − costs−$260as in the Funding arb table
Net, price: spread back to 7d avg − costs−$263as in the Price arb table
costs, in and out, $10k−$2572.569% of the position
Funding, last 7 days−0.027%−$3 on $10k
+Price spread, last 4 days (all we have)+0.056%+$6 · spread now −0.016%, 7d avg +0.044%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.060% cheaper against Bybit than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of +0.044%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit CIENUSDT | 366.66 | 0 | get 0.0000% / 8h | 1h 57m | $175K | $185K | 25x |
| Short | OKX CIEN-USDT-SWAP | 366.60 | 0 | get 0.0000% / 8h | 1h 57m | $132K | $188K | 20x |
Bybit CIENUSDT
OKX CIEN-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: −0.016% → +0.044%
- −$6.01
- Slippage, 4 orders
- −$235.88
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$262.89
- Costs to cover
- 2.569%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 18 min ago; OKX: live order book, 47 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, 18 min ago | 15.58 bp | 61.3 bp −$61 | 207.9 bp −$2,079 | doesn't fit | doesn't fit |
| Sell OKX live order book, 47 min ago | 10.23 bp | 73.2 bp −$73 | doesn't fit | doesn't fit | doesn't fit |
CIEN on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget CIENUSDT | −0.0151% | 8h | 366.98 | +0.087% | $97K | $195K | 20x | as long as short |
| QFEX CIEN-USD | −0.0080% | 1h | 366.49 | −0.046% | $1.1M | $3.6M | 10x | as long as short |
| Binance CIENUSDT | 0.0000% | 8h | 366.51 | −0.042% | $510K | $1.3M | 20x | as long as short |
| Bybit CIENUSDTlong | 0.0000% | 8h | 366.66 | long leg | $175K | $185K | 25x | |
| OKX CIEN-USDT-SWAPshort | 0.0000% | 8h | 366.60 | −0.016% | $132K | $188K | 20x | |
| Gate CIEN_USDT | 0.0000% | 8h | 366.70 | +0.011% | $297K | $41K | 20x | as long as short |
| Variational Omni CIEN | 0.0000% | 8h | 367.01 | +0.095% | $49K | $55K | — | as long as short |
| KuCoin CIENUSDTM | +0.0100% | 8h | 366.35 | −0.085% | $104K | $185K | 20x | as long as short |
| SunX CIEN-USDT | +0.0100% | 8h | 367.11 | +0.123% | $507 | $875K | 10x | as long as short |
| HTX CIEN-USDT | +0.0100% | 8h | 368.93 | +0.619% | $9K | $42K | 10x | as long as short |
Bitget CIENUSDT
QFEX CIEN-USD
Binance CIENUSDT
Gate CIEN_USDT
Variational Omni CIEN
KuCoin CIENUSDTM
SunX CIEN-USDT
HTX CIEN-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Paragon para:CIEN | +0.1125% | 1h | 367.55 | +0.243% | $66K | $132K | 10x | as long as short |
Paragon para:CIEN