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−0.306%7-day average −0.202% · you buy dearer than you sell
Net, funding: paid 7d − costs−$241as in the Funding arb table
Net, price: spread back to 7d avg − costs−$251as in the Price arb table
costs, in and out, $10k−$2412.408% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 7 days−0.102%−$10 · spread now −0.306%, 7d avg −0.202%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.103% cheaper against OKX than usual: you would sell low and buy high, −$10 on $10k if it goes back to its 7-day average of −0.202%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX PURR-USDT-SWAP | 13.420 | 0 | get 0.0000% / 8h | 4h 17m | $576K | $1.3M | 20x |
| Short | Bybit PURRUSDT | 13.379 | 0 | get 0.0000% / 8h | 4h 17m | $587K | $873K | 25x |
OKX PURR-USDT-SWAP
Bybit PURRUSDTFunding 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: −0.306% → −0.202%
- −$10.31
- Slippage, 4 orders
- −$219.84
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$251.15
- Costs to cover
- 2.408%
- Break-even
- never at this rate
Slippage from OKX: live order book, 4 min ago; Bybit: live order book, 37 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, 4 min ago | 3.73 bp | 57.5 bp −$58 | 281.1 bp −$2,811 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 37 min ago | 8.88 bp | 76.1 bp −$76 | 569.6 bp −$5,696 | 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 | −0.0312% | 8h | 13.405 | −0.112% | $378K | $2.0M | 20x | as long as short |
| QFEX PURR-USD | 0.0000% | 1h | 13.380 | −0.298% | $1.3M | $1.6M | 10x | as long as short |
| Bybit PURRUSDTshort | 0.0000% | 8h | 13.379 | −0.306% | $587K | $873K | 25x | |
| OKX PURR-USDT-SWAPlong | 0.0000% | 8h | 13.420 | long leg | $576K | $1.3M | 20x | |
| Gate PURR_USDT | 0.0000% | 8h | 13.442 | +0.164% | $52K | $37K | 20x | as long as short |
| HTX PURR-USDT | 0.0000% | 1h | 13.392 | −0.209% | $6K | $344K | 20x | as long as short |
| Ondo Perps PURR-USD.P | +0.0050% | 1h | 13.361 | −0.440% | $8K | $52K | 5x | as long as short |
| Extended PURR-USD | +0.0608% | 1h | 13.373 | −0.353% | $191K | $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