Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.001%
Price spread now: OKX against Bybit−0.005%7-day average −0.007% · you buy dearer than you sell
Net, funding: paid 7d − costs−$76as in the Funding arb table
Net, price: spread back to 7d avg − costs−$71as in the Price arb table
costs, in and out, $10k−$710.712% of the position
Funding, last 7 days−0.046%−$5 on $10k
+Price spread, last 7 days−0.027%−$3 · spread now −0.005%, 7d avg −0.007%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit COINUSDT | 196.42 | 0 | get 0.0000% / 8h | 7h 21m | $4.6M | $6.1M | 50x |
| Short | OKX COIN-USDT-SWAP | 196.41 | 0 | get 0.0000% / 8h | 7h 21m | $3.0M | $4.7M | 20x |
Funding 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: −0.005% → −0.007%
- $0.24
- Slippage, 4 orders
- −$50.2
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$70.97
- Costs to cover
- 0.712%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 1 min ago; OKX: live order book, 1 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, 1 min ago | 2.55 bp | 29.7 bp −$30 | 88.8 bp −$888 | doesn't fit | doesn't fit |
| Sell OKX live order book, 1 min ago | 1.02 bp | 14.9 bp −$15 | 35.4 bp −$354 | doesn't fit | doesn't fit |
COIN on 26 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective COIN/USDC PERP | −0.0440% | 1h | 193.41 | −1.532% | $92K | $129K | 30x | as long as short |
| Vest COIN-USD-PERP | −0.0070% | 1h | 195.45 | −0.494% | — | $319K | 25x | as long as short |
| Bitget COINUSDT | −0.0021% | 8h | 196.53 | +0.056% | $6.4M | $10.2M | 20x | as long as short |
| Aster COINUSDT | 0.0000% | 8h | 196.03 | −0.199% | $342K | $879K | 20x | as long as short |
| Bybit COINUSDTlong | 0.0000% | 8h | 196.42 | long leg | $4.6M | $6.1M | 50x | |
| OKX COIN-USDT-SWAPshort | 0.0000% | 8h | 196.41 | −0.005% | $3.0M | $4.7M | 20x | |
| Gate COIN_USDT | 0.0000% | 8h | 196.38 | −0.020% | $1.2M | $6.8M | 50x | as long as short |
| Variational Omni COIN | 0.0000% | 8h | 194.31 | −1.076% | $655K | $981K | — | as long as short |
| GRVT COIN_USDT_Perp | 0.0000% | 8h | 194.45 | −1.003% | $20K | $3.0M | 10x | as long as short |
| Extended COIN_24_5-USD | +0.0016% | 1h | 196.45 | +0.015% | $104K | $860K | 10x | as long as short |
Show all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance COINUSDT | +0.0019% | 8h | 196.46 | +0.020% | $14.8M | $81.6M | 20x | as long as short |
| Lighter COIN | +0.0032% | 1h | 196.16 | −0.130% | $363K | $2.0M | 10x | as long as short |
| Lighter RH COIN | +0.0032% | 1h | 196.15 | −0.137% | $474K | $1.3M | 10x | as long as short |
| Arcus COIN-USD | +0.0040% | 1h | 196.16 | −0.132% | $17K | $49K | 5x | as long as short |
| QFEX COIN-USD | +0.0047% | 1h | 196.14 | −0.143% | $1.3M | $2.8M | 10x | as long as short |
| tradeXYZ xyz:COIN | +0.0050% | 1h | 196.31 | −0.056% | $15.5M | $11.8M | 10x | as long as short |
| Polymarket Perps COIN-USD | +0.0050% | 1h | 195.97 | −0.229% | $135K | $1.4M | 10x | as long as short |
| SoDEX COIN-USD | +0.0050% | 1h | 195.61 | −0.412% | $78 | $3K | 10x | as long as short |
| Ondo Perps COIN-USD.P | +0.0050% | 1h | 194.30 | −1.079% | $422K | $2.4M | 10x | as long as short |
| BloFin COIN-USDT | +0.0074% | 8h | 195.58 | −0.428% | $188K | $483K | 20x | as long as short |
| KuCoin COINUSDTM | +0.0100% | 8h | 196.22 | −0.102% | $988K | $197K | 20x | as long as short |
| ApeX Omni COINUSDT | +0.0100% | 1h | 194.42 | −1.018% | $87K | $285K | 50x | as long as short |
| Orderly PERP_COIN_USDC_mythos | +0.0100% | 8h | 195.88 | −0.275% | $566 | $4K | 10x | as long as short |
| Aevo COIN-PERP | +0.0104% | 1h | 196.20 | −0.110% | $116 | — | 10x | as long as short |
| Phoenix COIN | +0.0164% | 1h | 194.76 | −0.845% | $4K | $283K | 10x | as long as short |
| edgeX COINUSDC | +0.0523% | 4h | 194.38 | −1.037% | $50K | $294K | 10x | as long as short |
Bybit COINUSDT
OKX COIN-USDT-SWAP
Injective COIN/USDC PERP
Bitget COINUSDT
Aster COINUSDT
Gate COIN_USDT
Variational Omni COIN
GRVT COIN_USDT_Perp
Extended COIN_24_5-USD
Binance COINUSDT
Lighter COIN
Lighter RH COIN
tradeXYZ xyz:COIN
Polymarket Perps COIN-USD
SoDEX COIN-USD
BloFin COIN-USDT
KuCoin COINUSDTM
ApeX Omni COINUSDT
Phoenix COIN
edgeX COINUSDC