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: Bybit against OKX+0.021%7-day average +0.096% · you sell dearer than you buy
Net, funding: paid 7d − costs−$248as in the Funding arb table
Net, price: spread back to 7d avg − costs−$254as 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)+0.013%+$1 · spread now +0.021%, 7d avg +0.096%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.075% cheaper against OKX than usual: you would sell low and buy high, −$7 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 | OKX SHOP-USDT-SWAP | 140.18 | 0 | get 0.0000% / 8h | 2h 51m | $125K | $324K | 20x |
| Short | Bybit SHOPUSDT | 140.21 | 0 | get 0.0000% / 8h | 2h 51m | $855K | $92K | 25x |
OKX SHOP-USDT-SWAP
Bybit SHOPUSDTFunding 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: +0.021% → +0.096%
- −$7.47
- Slippage, 4 orders
- −$225.06
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$253.53
- Costs to cover
- 2.461%
- Break-even
- never at this rate
Slippage from OKX: live order book, 59 min ago; Bybit: live order book, 58 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, 59 min ago | 11.42 bp | 28.1 bp −$28 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 58 min ago | 6.07 bp | 106.1 bp −$106 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance SHOPUSDT | 0.0000% | 8h | 140.27 | +0.064% | $394K | $887K | 20x | as long as short |
| Bybit SHOPUSDTshort | 0.0000% | 8h | 140.21 | +0.021% | $855K | $92K | 25x | |
| OKX SHOP-USDT-SWAPlong | 0.0000% | 8h | 140.18 | long leg | $125K | $324K | 20x | |
| Bitget SHOPUSDT | 0.0000% | 8h | 140.04 | −0.100% | $318K | $180K | 20x | as long as short |
| HTX SHOP-USDT | +0.0100% | 8h | 140.21 | +0.021% | $9K | $350K | 10x | as long as short |
| Extended SHOP-USD | +0.0120% | 1h | 138.72 | −1.038% | $263K | $6K | 10x | as long as short |
| Gate SHOP_USDT | +0.0857% | 8h | 140.10 | −0.057% | $270K | $62K | 20x | as long as short |
| edgeX SHOPUSDC | +0.0923% | 4h | 140.19 | +0.006% | $18K | $225K | 10x | as long as short |
Binance SHOPUSDT
Bitget SHOPUSDT
HTX SHOP-USDT
Extended SHOP-USD
Gate SHOP_USDT
edgeX SHOPUSDC