Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 40.080 | +0.0581 | pay 0.0581% / 8h | 7h 05m | $359K | $329K | 10x | Long OKX | |
| SHORT | 39.970 | 0 | 0.0000% / 8h | 7h 05m | $1.2M | $661K | 25x | Short Bybit |
Price gap−0.274%
Funding gap−0.0581% /8h
Both sides work against this direction now: funding costs $17 a day on $10k and the gap is 0.138% under its 7d average. Swap the legs.
Funding on this pair paid 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+$19−0.0581% /8h now · paid +0.192% over the last 7D
Price−$14spread −0.274% now, avg −0.136% → −0.138% if it goes back
Costs−$3853.847% of $10k · taker + slippage, in and out
The current funding rate is far below what this pair has been paying: over the last 7 days it paid +0.192% in total, about +0.0100%/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
Bybit price against OKXnow
RANGE STATS · 7D
Now−0.274%
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
1 ok · 4 to watch- Watch: Thin at this size120.0 / 77.7 bpAt $10k entering OKX costs 120.0 bp, fee and slippage, 1.5× Bybit’s.
- Note: Margin at max leverage$1,000 + $400OKX 10x, Bybit 25x. 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: −$17.43Long OKX: 3 payments, −$17.43; short Bybit: 3 payments, $0.00.
- Watch: Gap narrower than usual−0.274% vs −0.136%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Long leg is thinner$359K vs $1.2M OIOKX sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCOKX Yes · Bybit YesAdvanced verification before trading, deposits or withdrawals.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0100%/8h × 21 periods+$21.06
Price spread−0.274% → −0.136% (7d avg)−$13.82
Slippage, 4 orderslive order books−$363.66
Fee OKX bp × 2 orders−$10.00
Fee Bybit bp × 2 orders−$11.00
Net · 7 days · $10k−$377.42
Costs to cover3.847%Break-even132.5 days
Slippage: OKX: live order book, 15 min ago; Bybit: live order book, just nowCost to enter
taker + slippage from mid, one sideBUY · LONGOKX9.44120.0 bp−$120doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTBybit1.2577.7 bp−$78267.9 bp−$2,679doesn’t fitdoesn’t fit
Closing costs about the same again.
| 09-29 06:53 | HTX | Listing | new market MSTU-USDT ($MSTU) seen by our collector |
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