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+0.024%7-day average +0.017% · you sell dearer than you buy
Net, funding: paid 7d − costs−$249as in the Funding arb table
Net, price: spread back to 7d avg − costs−$230as in the Price arb table
costs, in and out, $10k−$2312.306% of the position
Funding, last 7 days−0.181%−$18 on $10k
+Price spread, last 4 days (all we have)−0.072%−$7 · spread now +0.024%, 7d avg +0.017%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX TER-USDT-SWAP | 378.35 | 0 | get 0.0000% / 8h | 40m 22s | $204K | $178K | 20x |
| Short | Bybit TERUSDT | 378.44 | 0 | get 0.0000% / 8h | 40m 22s | $252K | $129K | 25x |
OKX TER-USDT-SWAP
Bybit TERUSDTFunding 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: +0.024% → +0.017%
- $0.72
- Slippage, 4 orders
- −$209.62
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$229.9
- Costs to cover
- 2.306%
- Break-even
- never at this rate
Slippage from OKX: live order book, 60 min ago; Bybit: live order book, 45 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, 60 min ago | 7.95 bp | 22.5 bp −$23 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 45 min ago | 17.92 bp | 66.5 bp −$66 | 218.9 bp −$2,189 | doesn't fit | doesn't fit |
TER on 10 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 TERUSDT | −0.0303% | 8h | 378.08 | −0.071% | $240K | $157K | 20x | as long as short |
| Binance TERUSDT | 0.0000% | 8h | 378.20 | −0.041% | $522K | $1.0M | 25x | as long as short |
| Bybit TERUSDTshort | 0.0000% | 8h | 378.44 | +0.024% | $252K | $129K | 25x | |
| OKX TER-USDT-SWAPlong | 0.0000% | 8h | 378.35 | long leg | $204K | $178K | 20x | |
| Gate TER_USDT | 0.0000% | 8h | 378.20 | −0.040% | $295K | $211K | 20x | as long as short |
| Variational Omni TER | 0.0000% | 8h | 378.13 | −0.059% | $48K | $52K | — | as long as short |
| Extended TER_24_5-USD | +0.0040% | 1h | 378.96 | +0.161% | $36K | $4K | 10x | as long as short |
| KuCoin TERUSDTM | +0.0100% | 8h | 377.85 | −0.132% | $229K | $81K | 20x | as long as short |
| HTX TER-USDT | +0.0100% | 8h | 377.69 | −0.174% | $3K | $39K | 10x | as long as short |
| Paragon para:TER | +0.0110% | 1h | 378.64 | +0.077% | $121K | $52K | 10x | as long as short |
Bitget TERUSDT
Binance TERUSDT
Gate TER_USDT
Variational Omni TER
Extended TER_24_5-USD
KuCoin TERUSDTM
HTX TER-USDT
Paragon para:TER