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

GEV

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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 0.000%
Price spread now: Bybit against OKX−0.100%7-day average −0.021% · you buy dearer than you sell
Net, funding: paid 7d − costs−$253as in the Funding arb table
Net, price: spread back to 7d avg − costs−$259as in the Price arb table
costs, in and out, $10k−$2512.514% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.013%−$1 on $10k
Price spread, last 4 days (all we have)+0.061%+$6 · spread now −0.100%, 7d avg −0.021%
Together, before fees+0.048%+$5 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: Bybit is 0.079% cheaper against OKX than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of −0.021%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX GEV-USDT-SWAP947.530get 0.0000% / 8h1h 57m$608K$182K25x
ShortBybit GEVUSDT946.580get 0.0000% / 8h1h 57m$315K$200K25x

Funding 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 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: −0.100% → −0.021%
−$7.88
Slippage, 4 orders
−$230.36
Fee OKX: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$259.24
Costs to cover
2.514%
Break-even
never at this rate
Slippage from OKX: live order book, 48 min ago; Bybit: live order book, 47 min ago.

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, 48 min ago4.01 bp61.8 bp −$62doesn't fitdoesn't fitdoesn't fit
Sell Bybit live order book, 47 min ago3.91 bp59.5 bp −$59215.1 bp −$2,151doesn't fitdoesn't fit

GEV on 8 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 GEVUSDTshort0.0000%8h946.58−0.100%$315K$200K25x
OKX GEV-USDT-SWAPlong0.0000%8h947.53long leg$608K$182K25x
Gate GEV_USDT0.0000%8h948.70+0.123%$296K$18K20xas long as short
Bitget GEVUSDT0.0000%8h948.36+0.088%$491K$88K20xas long as short
HTX GEV-USDT0.0000%8h946.52−0.107%$9K$38K10xas long as short
Lighter GEV+0.0032%1h948.00+0.050%$3K$75010xas long as short
Binance GEVUSDT+0.0085%8h947.61+0.009%$1.5M$627K25xas long as short
tradeXYZ xyz:GEV+0.0517%1h946.50−0.109%$583K$141K10xas long as short