Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.158%
Price spread now: OKX against Bybit+0.335%7-day average +0.140% · you sell dearer than you buy
Net, funding: paid 7d − costs−$544as in the Funding arb table
Net, price: spread back to 7d avg − costs−$533as in the Price arb table
costs, in and out, $10k−$5525.522% of the position
Funding, last 7 days+0.082%+$8 on $10k
+Price spread, last 4 days (all we have)−0.461%−$46 · spread now +0.335%, 7d avg +0.140%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.195% dearer against Bybit than usual: you sell high and buy low, +$19 on $10k if it goes back to its 7-day average of +0.140%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit ONUSDT | 71.620 | 0 | get 0.0000% / 8h | 20m 57s | $137K | $218K | 50x |
| Short | OKX ON-USDT-SWAP | 71.860 | 0 | get 0.0000% / 8h | 20m 57s | $303K | $415K | 10x |
Bybit ONUSDT
OKX ON-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: +0.335% → +0.140%
- $19.46
- Slippage, 4 orders
- −$531.21
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$532.75
- Costs to cover
- 5.522%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 73 min ago; OKX: live order book, 15 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, 73 min ago | 14.63 bp | 142.1 bp −$142 | 255.6 bp −$2,556 | doesn't fit | doesn't fit |
| Sell OKX live order book, 15 min ago | 20.93 bp | 180.7 bp −$181 | doesn't fit | doesn't fit | doesn't fit |
ON on 3 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 ONUSDTlong | 0.0000% | 8h | 71.620 | long leg | $137K | $218K | 50x | |
| OKX ON-USDT-SWAPshort | 0.0000% | 8h | 71.860 | +0.335% | $303K | $415K | 10x | |
| Extended ON_24_5-USD | +0.0040% | 1h | 71.010 | −0.852% | $2K | — | 10x | as long as short |
Extended ON_24_5-USD