Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.016%
Price spread now: OKX against Bybit−0.193%7-day average −0.096% · you buy dearer than you sell
Net, funding: paid 7d − costs−$244as in the Funding arb table
Net, price: spread back to 7d avg − costs−$256as in the Price arb table
costs, in and out, $10k−$2462.461% of the position
Funding, last 7 days+0.019%+$2 on $10k
+Price spread, last 4 days (all we have)+0.159%+$16 · spread now −0.193%, 7d avg −0.096%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.096% cheaper against Bybit than usual: you would sell low and buy high, −$10 on $10k if it goes back to its 7-day average of −0.096%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit SHOPUSDT | 140.21 | 0 | get 0.0000% / 8h | 3h 47m | $859K | $87K | 25x |
| Short | OKX SHOP-USDT-SWAP | 139.94 | 0 | get 0.0000% / 8h | 3h 47m | $126K | $321K | 20x |
Bybit SHOPUSDT
OKX SHOP-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: −0.193% → −0.096%
- −$9.64
- Slippage, 4 orders
- −$225.06
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$255.7
- Costs to cover
- 2.461%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 3 min ago; OKX: live order book, 3 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, 3 min ago | 6.07 bp | 51.4 bp −$51 | 964.7 bp −$9,647 | doesn't fit | doesn't fit |
| Sell OKX live order book, 3 min ago | 11.42 bp | 60.5 bp −$60 | doesn't fit | doesn't fit | doesn't fit |
SHOP 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX SHOPUSDC | −0.0002% | 4h | 139.98 | −0.167% | $18K | $225K | 10x | as long as short |
| Binance SHOPUSDT | 0.0000% | 8h | 139.94 | −0.189% | $391K | $870K | 20x | as long as short |
| Bybit SHOPUSDTlong | 0.0000% | 8h | 140.21 | long leg | $859K | $87K | 25x | |
| OKX SHOP-USDT-SWAPshort | 0.0000% | 8h | 139.94 | −0.193% | $126K | $321K | 20x | |
| Bitget SHOPUSDT | 0.0000% | 8h | 140.03 | −0.128% | $324K | $176K | 20x | as long as short |
| HTX SHOP-USDT | +0.0100% | 8h | 140.20 | −0.007% | $9K | $350K | 10x | as long as short |
| Extended SHOP-USD | +0.0120% | 1h | 138.72 | −1.059% | $263K | $6K | 10x | as long as short |
| Gate SHOP_USDT | +0.1509% | 8h | 139.86 | −0.250% | $269K | $60K | 20x | as long as short |
edgeX SHOPUSDC
Binance SHOPUSDT
Bitget SHOPUSDT
HTX SHOP-USDT
Extended SHOP-USD
Gate SHOP_USDT