Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 39.960 | 0 | 0.0000% / 8h | 7h 46m | $1.2M | $698K | 25x | Long Bybit | |
| SHORT | 40.050 | +0.0465 | get 0.0465% / 8h | 7h 46m | $352K | $336K | 10x | Short OKX |
Price gap+0.225%
Funding gap+0.0465% /8h
Both sides work: funding pays +$14 a day on $10k, and the gap is 0.089% above its 7d average: +$9 more if it goes back.
Funding on this pair cost 0.192% over the last 7 days: the rate has only just turned.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$19+0.0465% /8h now · paid −0.192% over the last 7D
Price+$9spread +0.225% now, avg +0.136% → +0.089% if it goes back
Costs−$3993.994% of $10k · taker + slippage, in and out
The current funding rate is far above what this pair has been paying: over the last 7 days it paid −0.192% in total, about −0.0101%/8h on average.
Funding history
you earnyou payavg
RANGE STATS · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Short leg rate minus long leg rate, per 8h. Above zero: the pair pays you.
Price spread between the two exchanges
OKX price against Bybitnow
RANGE STATS · 7D
Now+0.225%
Average—
Range—
Wider than now—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hMSTU on 6 exchanges
lowest funding firstBefore you open
2 ok · 3 to watch- Watch: Thin at this size71.1 / 112.0 bpAt $10k entering OKX costs 112.0 bp, fee and slippage, 1.6× Bybit’s.
- Note: Margin at max leverage$400 + $1,000Bybit 25x, OKX 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- OK: Same payment interval8h / 8hBoth legs pay at the same time.Next 24h at the current rates, on $10k a leg: +$13.95Long Bybit: 3 payments, $0.00; short OKX: 3 payments, +$13.95.
- OK: Entry gap works for you+0.225% vs +0.136%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short leg is thinner$352K vs $1.2M OIOKX sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCBybit Yes · OKX YesStandard verification is mandatory for every product.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0101%/8h × 21 periods−$21.15
Price spread+0.225% → +0.136% (7d avg)+$8.88
Slippage, 4 orderslive order books−$378.43
Fee Bybit bp × 2 orders−$11.00
Fee OKX bp × 2 orders−$10.00
Net · 7 days · $10k−$411.71
Costs to cover3.994%Break-evennever at this rate
Slippage: Bybit: live order book, 4 min ago; OKX: live order book, 39 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBybit18.7571.1 bp−$71557.1 bp−$5,571doesn’t fitdoesn’t fit
SELL · SHORTOKX9.98112.0 bp−$112doesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.
| 09-29 06:53 | HTX | Listing | new market MSTU-USDT ($MSTU) seen by our collector |
| 09-24 04:00 | Gate | Other | Trade $MSTU: Trade $OKLO: Trade $USDBRL: @Gate on X ↗ |
| 09-24 04:00 | Gate | Listing | Gate Futures Stocks Section & Forex Zone Initial Listing: $MSTU (2X Long MSTR Daily Target ETF), $OKLO (Oklo Inc.), $USDBRL (USD/BRL) and 9 futures in total. 🔹 Trading Pairs: $MSTU / $USDT, $OKLO / $USDT, $USDBRL / $USDT & 6 more 🔹 Trading Starts: September 24th, 2026 03:00AM (UTC) 🔹 Supports 1 – 20x Leverage, Bots, and Copy Trading 🔹 Gate currently supports trading of 459 stock futures More details: @Gate on X ↗ |
| 09-24 03:00 | Gate | Listing | new market MSTU_USDT ($MSTU) seen by our collector |
| 09-23 08:59 | OKX | Listing | new market MSTU-USDT-SWAP ($MSTU) seen by our collector |


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