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+0.305%7-day average +0.102% · you sell dearer than you buy
Net, funding: paid 7d − costs−$720as in the Funding arb table
Net, price: spread back to 7d avg − costs−$700as in the Price arb table
costs, in and out, $10k−$7207.199% of the position
Funding, last 7 days+0.002%$0 on $10k
+Price spread, last 4 days (all we have)−0.160%−$16 · spread now +0.305%, 7d avg +0.102%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.203% dearer against Bybit than usual: you sell high and buy low, +$20 on $10k if it goes back to its 7-day average of +0.102%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit FLYUSDT | 22.970 | 0 | get 0.0000% / 8h | 6h 21m | $105K | $217K | 25x |
| Short | OKX FLY-USDT-SWAP | 23.040 | 0 | get 0.0000% / 8h | 6h 21m | $35K | $235K | 20x |
Bybit FLYUSDT
OKX FLY-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: +0.305% → +0.102%
- $20.31
- Slippage, 4 orders
- −$698.95
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$699.64
- Costs to cover
- 7.199%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 28 min ago; OKX: live order book, 43 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, 28 min ago | 2.18 bp | 145.1 bp −$145 | 2997.0 bp −$30.0K | doesn't fit | doesn't fit |
| Sell OKX live order book, 43 min ago | 2.17 bp | 207.1 bp −$207 | doesn't fit | doesn't fit | doesn't fit |
FLY on 3 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 FLYUSDTlong | 0.0000% | 8h | 22.970 | long leg | $105K | $217K | 25x | |
| OKX FLY-USDT-SWAPshort | 0.0000% | 8h | 23.040 | +0.305% | $35K | $235K | 20x | |
| Bitget FLYUSDT | 0.0000% | 8h | 23.000 | +0.131% | $216K | $556K | 20x | as long as short |
Bitget FLYUSDT