Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: OKX against Bybit−0.068%7-day average +0.163% · you buy dearer than you sell
Net, funding: paid 7d − costs−$345as in the Funding arb table
Net, price: spread back to 7d avg − costs−$357as in the Price arb table
costs, in and out, $10k−$3333.334% of the position
Funding, last 7 days−0.112%−$11 on $10k
+Price spread, last 4 days (all we have)+0.003%$0 · spread now −0.068%, 7d avg +0.163%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.231% cheaper against Bybit than usual: you would sell low and buy high, −$23 on $10k if it goes back to its 7-day average of +0.163%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit OKTAUSDT | 190.98 | 0 | get 0.0000% / 8h | 5h 04m | $140K | $50K | 25x |
| Short | OKX OKTA-USDT-SWAP | 190.85 | 0 | get 0.0000% / 8h | 5h 04m | $272K | $65K | 10x |
Bybit OKTAUSDT
OKX OKTA-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: −0.068% → +0.163%
- −$23.12
- Slippage, 4 orders
- −$312.44
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$356.56
- Costs to cover
- 3.334%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 40 min ago; OKX: live order book, 56 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, 40 min ago | 14.40 bp | 107.8 bp −$108 | 1054.2 bp −$10.5K | doesn't fit | doesn't fit |
| Sell OKX live order book, 56 min ago | 11.77 bp | 71.2 bp −$71 | doesn't fit | doesn't fit | doesn't fit |
OKTA on 5 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 OKTAUSDTlong | 0.0000% | 8h | 190.98 | long leg | $140K | $50K | 25x | |
| OKX OKTA-USDT-SWAPshort | 0.0000% | 8h | 190.85 | −0.068% | $272K | $65K | 10x | |
| Gate OKTA_USDT | 0.0000% | 8h | 191.01 | +0.016% | $57K | $10K | 20x | as long as short |
| Bitget OKTAUSDT | 0.0000% | 8h | 191.45 | +0.246% | $63K | $71K | 20x | as long as short |
| HTX OKTA-USDT | 0.0000% | 8h | 191.02 | +0.021% | $3K | $130K | 20x | as long as short |
Gate OKTA_USDT
Bitget OKTAUSDT
HTX OKTA-USDT