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: Bybit against OKX−0.034%7-day average −0.082% · you buy dearer than you sell
Net, funding: paid 7d − costs−$208as in the Funding arb table
Net, price: spread back to 7d avg − costs−$203as in the Price arb table
costs, in and out, $10k−$2082.078% of the position
Funding, last 7 days−0.003%$0 on $10k
+Price spread, last 4 days (all we have)−0.051%−$5 · spread now −0.034%, 7d avg −0.082%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.048% dearer against OKX than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of −0.082%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX KO-USDT-SWAP | 87.630 | 0 | get 0.0000% / 8h | 7h 56m | $766K | $321K | 20x |
| Short | Bybit KOUSDT | 87.600 | 0 | get 0.0000% / 8h | 7h 56m | $344K | $18K | 25x |
OKX KO-USDT-SWAP
Bybit KOUSDTFunding 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: −0.034% → −0.082%
- $4.76
- Slippage, 4 orders
- −$186.82
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$203.06
- Costs to cover
- 2.078%
- Break-even
- never at this rate
Slippage from OKX: live order book, 39 min ago; Bybit: live order book, 32 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, 39 min ago | 2.85 bp | 14.9 bp −$15 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 32 min ago | 7.99 bp | 96.7 bp −$97 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit KOUSDTshort | 0.0000% | 8h | 87.600 | −0.034% | $344K | $18K | 25x | |
| OKX KO-USDT-SWAPlong | 0.0000% | 8h | 87.630 | long leg | $766K | $321K | 20x | |
| Gate KO_USDT | 0.0000% | 8h | 87.680 | +0.057% | $571K | $19K | 25x | as long as short |
| Bitget KOUSDT | 0.0000% | 8h | 87.640 | +0.011% | $543K | $139K | 20x | as long as short |
| HTX KO-USDT | 0.0000% | 8h | 87.680 | +0.057% | $4K | $364K | 10x | as long as short |
| KuCoin KOUSDTM | +0.0100% | 8h | 87.540 | −0.103% | $55K | $2.2M | 20x | as long as short |
| Binance KOUSDT | +0.0242% | 8h | 87.683 | +0.061% | $798K | $673K | 20x | as long as short |
| edgeX KOUSDC | +0.0709% | 4h | 87.664 | +0.039% | $88K | $208K | 10x | as long as short |
Gate KO_USDT
Bitget KOUSDT
HTX KO-USDT
KuCoin KOUSDTM
Binance KOUSDT
edgeX KOUSDC