Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against OKX−0.261%7-day average −0.097% · you buy dearer than you sell
Net, funding: paid 7d − costs−$524as in the Funding arb table
Net, price: spread back to 7d avg − costs−$533as in the Price arb table
costs, in and out, $10k−$5175.168% of the position
Funding, last 7 days−0.076%−$8 on $10k
+Price spread, last 4 days (all we have)+0.103%+$10 · spread now −0.261%, 7d avg −0.097%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.163% cheaper against OKX than usual: you would sell low and buy high, −$16 on $10k if it goes back to its 7-day average of −0.097%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX FLY-USDT-SWAP | 23.030 | 0 | get 0.0000% / 8h | 1m 10s | $34K | $241K | 20x |
| Short | Bybit FLYUSDT | 22.970 | 0 | get 0.0000% / 8h | 1m 10s | $113K | $218K | 25x |
OKX FLY-USDT-SWAP
Bybit FLYUSDTFunding 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: −0.261% → −0.097%
- −$16.33
- Slippage, 4 orders
- −$495.77
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$533.1
- Costs to cover
- 5.168%
- Break-even
- never at this rate
Slippage from OKX: live order book, 9 min ago; Bybit: live order book, 59 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, 9 min ago | 10.87 bp | 164.3 bp −$164 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 59 min ago | 10.91 bp | 114.9 bp −$115 | 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 FLYUSDTshort | 0.0000% | 8h | 22.970 | −0.261% | $113K | $218K | 25x | |
| OKX FLY-USDT-SWAPlong | 0.0000% | 8h | 23.030 | long leg | $34K | $241K | 20x | |
| Bitget FLYUSDT | 0.0000% | 8h | 22.960 | −0.304% | $211K | $560K | 20x | as long as short |
Bitget FLYUSDT