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−0.125%7-day average +0.004% · you buy dearer than you sell
Net, funding: paid 7d − costs−$295as in the Funding arb table
Net, price: spread back to 7d avg − costs−$307as in the Price arb table
costs, in and out, $10k−$2952.945% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)+0.055%+$6 · spread now −0.125%, 7d avg +0.004%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.128% cheaper against OKX than usual: you would sell low and buy high, −$13 on $10k if it goes back to its 7-day average of +0.004%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX KLAC-USDT-SWAP | 184.55 | 0 | get 0.0000% / 8h | 3h 30m | $389K | $263K | 20x |
| Short | Bybit KLACUSDT | 184.32 | 0 | get 0.0000% / 8h | 3h 30m | $310K | $717K | 25x |
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 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: −0.125% → +0.004%
- −$12.81
- Slippage, 4 orders
- −$273.52
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$307.33
- Costs to cover
- 2.945%
- Break-even
- never at this rate
Slippage from OKX: live order book, 20 min ago; Bybit: live order book, 60 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, 20 min ago | 4.86 bp | 47.2 bp −$47 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 60 min ago | 1.61 bp | 146.2 bp −$146 | 237.9 bp −$2,379 | doesn't fit | doesn't fit |
KLAC on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance KLACUSDT | 0.0000% | 8h | 184.51 | −0.022% | $1.3M | $1.3M | 20x | as long as short |
| Bybit KLACUSDTshort | 0.0000% | 8h | 184.32 | −0.125% | $310K | $717K | 25x | |
| OKX KLAC-USDT-SWAPlong | 0.0000% | 8h | 184.55 | long leg | $389K | $263K | 20x | |
| Gate KLAC_USDT | 0.0000% | 8h | 184.18 | −0.200% | $470K | $41K | 20x | as long as short |
| Bitget KLACUSDT | 0.0000% | 8h | 184.31 | −0.130% | $704K | $166K | 20x | as long as short |
| Variational Omni KLAC | 0.0000% | 8h | 184.42 | −0.069% | $20K | $27K | — | as long as short |
| Extended KLAC_24_5-USD | +0.0040% | 1h | 184.25 | −0.160% | $5K | $4K | 10x | as long as short |
| Vest KLAC-USD-PERP | +0.0046% | 1h | 184.77 | +0.119% | — | $6K | 10x | as long as short |
| KuCoin KLACUSDTM | +0.0100% | 8h | 184.46 | −0.049% | $204K | $946K | 20x | as long as short |
| HTX KLAC-USDT | +0.0100% | 8h | 184.44 | −0.060% | $9K | $353K | 10x | as long as short |
OKX KLAC-USDT-SWAP
Bybit KLACUSDT
Binance KLACUSDT
Gate KLAC_USDT
Bitget KLACUSDT
Variational Omni KLAC
Extended KLAC_24_5-USD
KuCoin KLACUSDTM
HTX KLAC-USDT