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+0.252%7-day average −0.044% · you sell dearer than you buy
Net, funding: paid 7d − costs−$373as in the Funding arb table
Net, price: spread back to 7d avg − costs−$346as in the Price arb table
costs, in and out, $10k−$3763.759% of the position
Funding, last 7 days+0.027%+$3 on $10k
+Price spread, last 4 days (all we have)−0.380%−$38 · spread now +0.252%, 7d avg −0.044%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.296% dearer against OKX than usual: you sell high and buy low, +$30 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 | OKX CIEN-USDT-SWAP | 369.67 | 0 | get 0.0000% / 8h | 5h 37m | $132K | $185K | 20x |
| Short | Bybit CIENUSDT | 370.60 | 0 | get 0.0000% / 8h | 5h 37m | $176K | $457K | 25x |
OKX CIEN-USDT-SWAP
Bybit CIENUSDTFunding 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: +0.252% → −0.044%
- $29.55
- Slippage, 4 orders
- −$354.88
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$346.33
- Costs to cover
- 3.759%
- Break-even
- never at this rate
Slippage from OKX: live order book, 22 min ago; Bybit: live order book, 58 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, 22 min ago | 11.77 bp | 81.8 bp −$82 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 58 min ago | 5.25 bp | 103.3 bp −$103 | 218.4 bp −$2,184 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit CIENUSDTshort | 0.0000% | 8h | 370.60 | +0.252% | $176K | $457K | 25x | |
| OKX CIEN-USDT-SWAPlong | 0.0000% | 8h | 369.67 | long leg | $132K | $185K | 20x | |
| Gate CIEN_USDT | 0.0000% | 8h | 370.70 | +0.279% | $299K | $38K | 20x | as long as short |
| Bitget CIENUSDT | 0.0000% | 8h | 370.72 | +0.284% | $93K | $186K | 20x | as long as short |
| Variational Omni CIEN | 0.0000% | 8h | 370.77 | +0.297% | $49K | $55K | — | as long as short |
| QFEX CIEN-USD | +0.0007% | 1h | 370.69 | +0.276% | $1.1M | $4.4M | 10x | as long as short |
| Binance CIENUSDT | +0.0039% | 8h | 370.92 | +0.338% | $533K | $1.2M | 20x | as long as short |
| SunX CIEN-USDT | +0.0100% | 8h | 370.60 | +0.252% | $1K | $896K | 10x | as long as short |
| HTX CIEN-USDT | +0.0100% | 8h | 373.06 | +0.917% | $9K | $41K | 10x | as long as short |
| KuCoin CIENUSDTM | +0.0155% | 8h | 370.46 | +0.214% | $100K | $188K | 20x | as long as short |
Gate CIEN_USDT
Bitget CIENUSDT
Variational Omni CIEN
QFEX CIEN-USD
Binance CIENUSDT
SunX CIEN-USDT
HTX CIEN-USDT
KuCoin CIENUSDTMShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Paragon para:CIEN | +0.2929% | 1h | 370.87 | +0.325% | $69K | $114K | 10x | as long as short |
Paragon para:CIEN