Settings8H · net · $10k
Funding arb · Price arb /

FLY

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.060%
Price spread now: Bitget against OKX−0.044%7-day average −0.113% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.138%+$14 on $10k
Price spread, last 4 days (all we have)−0.198%−$20 · spread now −0.044%, 7d avg −0.113%
Together, before fees−0.060%−$6 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.070% dearer against OKX than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of −0.113%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX FLY-USDT-SWAP22.9400get 0.0000% / 8h3h 58m$35K$234K20x
ShortBitget FLYUSDT22.9300get 0.0000% / 8h3h 58m$213K$589K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against OKX. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: −0.044% → −0.113%
$6.96
Slippage, 4 orders
no order book: not counted
Fee OKX: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$15.04
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: OKX: live order book, 57 min ago; Bitget: live order book, 57 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy OKX live order book, 57 min ago8.71 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 57 min ago6.54 bp44.8 bp −$4565.9 bp −$659277.6 bp −$27.8Kdoesn't fit

FLY on 3 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit FLYUSDT0.0000%8h22.970+0.131%$105K$217K25xas long as short
OKX FLY-USDT-SWAPlong0.0000%8h22.940long leg$35K$234K20x
Bitget FLYUSDTshort0.0000%8h22.930−0.044%$213K$589K20x