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+0.321%7-day average +0.200% · you sell dearer than you buy
Net, funding: paid 7d − costs−$287as in the Funding arb table
Net, price: spread back to 7d avg − costs−$275as in the Price arb table
costs, in and out, $10k−$2872.866% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 7 days+0.102%+$10 · spread now +0.321%, 7d avg +0.200%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.121% dearer against Bybit than usual: you sell high and buy low, +$12 on $10k if it goes back to its 7-day average of +0.200%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit PURRUSDT | 13.397 | 0 | get 0.0000% / 8h | 1h 40m | $572K | $874K | 25x |
| Short | OKX PURR-USDT-SWAP | 13.440 | 0 | get 0.0000% / 8h | 1h 40m | $599K | $1.3M | 20x |
Bybit PURRUSDT
OKX PURR-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: +0.321% → +0.200%
- $12.07
- Slippage, 4 orders
- −$265.64
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$274.57
- Costs to cover
- 2.866%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 64 min ago; OKX: live order book, 1 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, 64 min ago | 7.82 bp | 71.2 bp −$71 | 1197.5 bp −$12.0K | doesn't fit | doesn't fit |
| Sell OKX live order book, 1 min ago | 3.72 bp | 58.9 bp −$59 | 261.4 bp −$2,614 | doesn't fit | doesn't fit |
PURR on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget PURRUSDT | −0.0433% | 8h | 13.389 | −0.060% | $384K | $1.9M | 20x | as long as short |
| Bybit PURRUSDTlong | 0.0000% | 8h | 13.397 | long leg | $572K | $874K | 25x | |
| OKX PURR-USDT-SWAPshort | 0.0000% | 8h | 13.440 | +0.321% | $599K | $1.3M | 20x | |
| QFEX PURR-USD | 0.0000% | 1h | 13.380 | −0.127% | $1.3M | $1.7M | 10x | as long as short |
| Gate PURR_USDT | 0.0000% | 8h | 13.426 | +0.216% | $52K | $10K | 20x | as long as short |
| HTX PURR-USDT | 0.0000% | 1h | 13.445 | +0.358% | $6K | $343K | 20x | as long as short |
| Ondo Perps PURR-USD.P | +0.0542% | 1h | 13.400 | +0.022% | $9K | $54K | 5x | as long as short |
| Extended PURR-USD | +0.1664% | 1h | 13.410 | +0.098% | $192K | $242K | 10x | as long as short |
Bitget PURRUSDT
QFEX PURR-USD
Gate PURR_USDT
HTX PURR-USDT
Ondo Perps PURR-USD.P
Extended PURR-USD