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: Bybit against OKX+0.042%7-day average −0.166% · you sell dearer than you buy
Net, funding: paid 7d − costs−$318as in the Funding arb table
Net, price: spread back to 7d avg − costs−$309as in the Price arb table
costs, in and out, $10k−$3303.297% of the position
Funding, last 7 days+0.112%+$11 on $10k
+Price spread, last 4 days (all we have)−0.135%−$14 · spread now +0.042%, 7d avg −0.166%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.207% dearer against OKX than usual: you sell high and buy low, +$21 on $10k if it goes back to its 7-day average of −0.166%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX OKTA-USDT-SWAP | 190.90 | 0 | get 0.0000% / 8h | 5h 59m | $273K | $62K | 10x |
| Short | Bybit OKTAUSDT | 190.98 | 0 | get 0.0000% / 8h | 5h 59m | $140K | $50K | 25x |
OKX OKTA-USDT-SWAP
Bybit OKTAUSDTFunding 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: +0.042% → −0.166%
- $20.74
- Slippage, 4 orders
- −$308.69
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$308.95
- Costs to cover
- 3.297%
- Break-even
- never at this rate
Slippage from OKX: live order book, just now; Bybit: live order book, 50 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, just now | 11.77 bp | 94.5 bp −$95 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 50 min ago | 11.26 bp | 59.1 bp −$59 | 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 OKTAUSDTshort | 0.0000% | 8h | 190.98 | +0.042% | $140K | $50K | 25x | |
| OKX OKTA-USDT-SWAPlong | 0.0000% | 8h | 190.90 | long leg | $273K | $62K | 10x | |
| Gate OKTA_USDT | 0.0000% | 8h | 190.94 | +0.021% | $57K | $10K | 20x | as long as short |
| Bitget OKTAUSDT | 0.0000% | 8h | 191.56 | +0.346% | $61K | $70K | 20x | as long as short |
| HTX OKTA-USDT | 0.0000% | 8h | 190.88 | −0.010% | $3K | $142K | 20x | as long as short |
Gate OKTA_USDT
Bitget OKTAUSDT
HTX OKTA-USDT