Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.003%
Price spread now: OKX against Bybit+0.077%7-day average +0.082% · you sell dearer than you buy
Net, funding: paid 7d − costs−$402as in the Funding arb table
Net, price: spread back to 7d avg − costs−$462as in the Price arb table
costs, in and out, $10k−$4614.613% of the position
Funding, last 7 days+0.595%+$59 on $10k
+Price spread, last 4 days (all we have)+0.050%+$5 · spread now +0.077%, 7d avg +0.082%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit SPCHUSDT | 10.382 | 0 | get 0.0000% / 8h | 6h 58m | $175K | $183K | 25x |
| Short | OKX SPCH-USDT-SWAP | 10.390 | 0 | get 0.0000% / 8h | 6h 58m | $96K | $277K | 10x |
Bybit SPCHUSDT
OKX SPCH-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: +0.077% → +0.082%
- −$0.48
- Slippage, 4 orders
- −$440.32
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$461.8
- Costs to cover
- 4.613%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 17 min ago; OKX: live order book, 32 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, 17 min ago | 6.76 bp | 142.1 bp −$142 | 1068.6 bp −$10.7K | doesn't fit | doesn't fit |
| Sell OKX live order book, 32 min ago | 12.16 bp | 74.8 bp −$75 | doesn't fit | doesn't fit | doesn't fit |
SPCH on 5 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 SPCHUSDTlong | 0.0000% | 8h | 10.382 | long leg | $175K | $183K | 25x | |
| OKX SPCH-USDT-SWAPshort | 0.0000% | 8h | 10.390 | +0.077% | $96K | $277K | 10x | |
| Gate SPCH_USDT | 0.0000% | 8h | 10.390 | +0.077% | $223K | $501K | 20x | as long as short |
| Bitget SPCHUSDT | 0.0000% | 8h | 10.382 | 0.000% | $213K | $280K | 20x | as long as short |
| HTX SPCH-USDT | 0.0000% | 8h | 10.391 | +0.087% | $17K | $387K | 20x | as long as short |
Gate SPCH_USDT
Bitget SPCHUSDT
HTX SPCH-USDT