OKTA

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	BybitOKTAUSDT	221.80	0	0.0000% / 8h	1h 13m	$557K	$32.2M	25x	Long Bybit
SHORT	MEXCOKTASTOCK_USDT	221.70	0	0.0000% / 8h	1h 13m	$3.5M	$227K	20x	Short MEXC

Price gap−0.045%

Funding gap0.0000% /8h

Funding is ≈ 0 and the gap is 0.175% under its 7d average: the price leg works against you, −$17 on $10k if it goes back.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast

Funding+$330.0000% /8h now · paid +0.331% over the last 7D

Price−$17spread −0.045% now, avg +0.130% → −0.175% if it goes back

Costs−$2462.460% of $10k · taker + slippage, in and out

Result−$230−2.30%no pointsWhat the last 7D really paid, hour by hour → backtest

Price and funding

1h · history

Entry / Exit

Price spread

Prices

Fundingper 8h

ENTRY / EXIT · 7D

Entry now—

Entry average—

Best entry—

Exit now—

Exit average—

Best exit—

Exit free—

PRICE SPREAD · 7D

Now−0.045%

Average—

Range—

Wider than now—

FUNDING SPREAD · 7D

Average /8h—

Highest—

Lowest—

Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

OKTA on 8 exchanges

lowest funding first

Before you open

1 ok · 4 to watch

Watch: Thin at this size101.8 / 9.9 bp
At $10k entering Bybit costs 101.8 bp, fee and slippage, 10.3× MEXC’s.
Note: Margin at max leverage$400 + $500
Bybit 25x, MEXC 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
OK: Same payment interval8h / 8h
Both legs pay at the same time.
Next 24h at the current rates, on $10k a leg: $0.00Long Bybit: 3 payments, $0.00; short MEXC: 3 payments, $0.00.
Watch: Gap narrower than usual−0.045% vs +0.130%
Less room for the price leg to pay you. If it goes back to average, the short loses.
Watch: Long leg is thinner$557K vs $3.5M OI
Bybit sets your exit cost. Check its book before closing.
Note: No points program—
Neither exchange runs points right now.
Watch: KYCBybit Yes · MEXC Yes
Standard verification is mandatory for every product.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned+0.0158%/8h × 21 periods+$33.14

Price spread−0.045% → +0.130% (7d avg)−$17.49

Slippage, 4 orderslive order books−$231.05

Fee Bybit bp × 2 orders−$11.00

Fee MEXC bp × 2 orders−$4.00

Net · 7 days · $10k−$230.39

Costs to cover2.460%Break-even55.7 days

Slippage: Bybit: live order book, 4 min ago; MEXC: live order book, 2 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGBybit24.79101.8 bp−$102224.4 bp−$2,244doesn’t fitdoesn’t fit

SELL · SHORTMEXC7.899.9 bp−$1032.9 bp−$329182.0 bp−$18.2Kdoesn’t fit

Closing costs about the same again.