Settings8H · net · $10k
Funding arb · Price arb /

TEAM

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Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: OKX against Bybit−0.405%7-day average −0.011% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$457as in the Price arb table
costs, in and out, $10k−$4184.178% of the position
What this pair did over the last
the charts below follow
Funding, last 1 day (all we have)0.000%$0 on $10k
Price spread, last 1 day (all we have)+0.260%+$26 · spread now −0.405%, 7d avg −0.011%
Together, before fees+0.260%+$26 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.394% cheaper against Bybit than usual: you would sell low and buy high, −$39 on $10k if it goes back to its 7-day average of −0.011%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit TEAMUSDT197.320get 0.0000% / 8h7h 02m$43K$157K25x
ShortOKX TEAM-USDT-SWAP196.520get 0.0000% / 8h7h 02m$15K$441K20x

Funding 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: −0.405% → −0.011%
−$39.41
Slippage, 4 orders
−$396.77
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee OKX: 5 bp × 2 orders
−$10
Net
−$457.18
Costs to cover
4.178%
Break-even
never at this rate
Slippage from Bybit: live order book, 12 min ago; OKX: live order book, 28 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 12 min ago12.44 bp105.5 bp −$106doesn't fitdoesn't fitdoesn't fit
Sell OKX live order book, 28 min ago9.14 bp94.9 bp −$95doesn't fitdoesn't fitdoesn't fit

TEAM on 10 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX TEAMUSDC−0.0952%4h197.12−0.099%$35K10xas long as short
Binance TEAMUSDT0.0000%8h197.12−0.101%$69K$425K20xas long as short
Bybit TEAMUSDTlong0.0000%8h197.32long leg$43K$157K25x
OKX TEAM-USDT-SWAPshort0.0000%8h196.52−0.405%$15K$441K20x
Gate TEAM_USDT0.0000%8h196.96−0.182%$17K$12K20xas long as short
Bitget TEAMUSDT0.0000%8h197.08−0.122%$59K$85K20xas long as short
SunX TEAM-USDT0.0000%8h197.15−0.086%$879K10xas long as short
HTX TEAM-USDT0.0000%8h197.14−0.091%$6K$325K20xas long as short
BloFin TEAM-USDT+0.0029%8h197.30−0.010%$15K20xas long as short
Extended TEAM-USD+0.0040%1h196.00−0.668%5xas long as short