Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: OKX against Bybit+0.069%7-day average +0.082% · you sell dearer than you buy
Net, funding: paid 7d − costs−$129as in the Funding arb table
Net, price: spread back to 7d avg − costs−$130as in the Price arb table
costs, in and out, $10k−$1291.290% of the position
Funding, last 7 days+0.003%$0 on $10k
+Price spread, last 4 days (all we have)−0.023%−$2 · spread now +0.069%, 7d avg +0.082%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit KOUSDT | 87.530 | 0 | get 0.0000% / 8h | 7h 00m | $343K | $18K | 25x |
| Short | OKX KO-USDT-SWAP | 87.590 | 0 | get 0.0000% / 8h | 7h 00m | $765K | $315K | 20x |
Bybit KOUSDT
OKX KO-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: +0.069% → +0.082%
- −$1.36
- Slippage, 4 orders
- −$108
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$130.36
- Costs to cover
- 1.290%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 24 min ago; OKX: live order book, 30 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, 24 min ago | 6.85 bp | 42.0 bp −$42 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 30 min ago | 3.42 bp | 32.1 bp −$32 | doesn't fit | doesn't fit | doesn't fit |
KO on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX KOUSDC | −0.0432% | 4h | 87.638 | +0.124% | $89K | $209K | 10x | as long as short |
| Bybit KOUSDTlong | 0.0000% | 8h | 87.530 | long leg | $343K | $18K | 25x | |
| OKX KO-USDT-SWAPshort | 0.0000% | 8h | 87.590 | +0.069% | $765K | $315K | 20x | |
| Gate KO_USDT | 0.0000% | 8h | 87.530 | 0.000% | $570K | $19K | 25x | as long as short |
| Bitget KOUSDT | 0.0000% | 8h | 87.580 | +0.057% | $542K | $139K | 20x | as long as short |
| HTX KO-USDT | 0.0000% | 8h | 87.600 | +0.080% | $4K | $363K | 10x | as long as short |
| KuCoin KOUSDTM | +0.0100% | 8h | 87.390 | −0.160% | $59K | $2.3M | 20x | as long as short |
| Binance KOUSDT | +0.0190% | 8h | 87.598 | +0.078% | $844K | $704K | 20x | as long as short |
edgeX KOUSDC
Gate KO_USDT
Bitget KOUSDT
HTX KO-USDT
KuCoin KOUSDTM
Binance KOUSDT