Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.001%
Price spread now: OKX against Bybit−0.038%7-day average +0.005% · you buy dearer than you sell
Net, funding: paid 7d − costs−$33as in the Funding arb table
Net, price: spread back to 7d avg − costs−$43as in the Price arb table
costs, in and out, $10k−$380.384% of the position
Funding, last 7 days+0.051%+$5 on $10k
+Price spread, last 7 days+0.011%+$1 · spread now −0.038%, 7d avg +0.005%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.043% cheaper against Bybit than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.005%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit TQQQUSDT | 78.910 | 0 | get 0.0000% / 8h | 49m 27s | $2.5M | $7.0M | 25x |
| Short | OKX TQQQ-USDT-SWAP | 78.880 | 0 | get 0.0000% / 8h | 49m 27s | $2.2M | $6.1M | 10x |
Bybit TQQQUSDT
OKX TQQQ-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: −0.038% → +0.005%
- −$4.25
- Slippage, 4 orders
- −$17.4
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$42.66
- Costs to cover
- 0.384%
- 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 | 1.27 bp | 11.7 bp −$12 | 37.1 bp −$371 | doesn't fit | doesn't fit |
| Sell OKX live order book, 3 min ago | 0.63 bp | 7.5 bp −$8 | 29.5 bp −$295 | doesn't fit | doesn't fit |
TQQQ on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin TQQQUSDTM | −0.0083% | 8h | 78.820 | −0.114% | $179K | $497K | 10x | as long as short |
| Bitget TQQQUSDT | −0.0061% | 8h | 78.900 | −0.013% | $7.6M | $2.9M | 20x | as long as short |
| BloFin TQQQ-USDT | −0.0017% | 8h | 78.790 | −0.152% | $149K | $33K | 20x | as long as short |
| Aster TQQQUSDT | 0.0000% | 8h | 78.905 | −0.006% | $70K | $146K | 20x | as long as short |
| Binance TQQQUSDT | 0.0000% | 8h | 78.890 | −0.025% | $18.1M | $49.3M | 20x | as long as short |
| Bybit TQQQUSDTlong | 0.0000% | 8h | 78.910 | long leg | $2.5M | $7.0M | 25x | |
| OKX TQQQ-USDT-SWAPshort | 0.0000% | 8h | 78.880 | −0.038% | $2.2M | $6.1M | 10x | |
| MEXC TQQQ_USDT | 0.0000% | 8h | 78.880 | −0.038% | $1.6M | $244K | 20x | as long as short |
| GRVT TQQQ_USDT_Perp | 0.0000% | 8h | 78.804 | −0.134% | $2K | $108K | 10x | as long as short |
| HTX TQQQ-USDT | 0.0000% | 8h | 78.910 | 0.000% | $14K | $16K | 10x | as long as short |
KuCoin TQQQUSDTM
Bitget TQQQUSDT
BloFin TQQQ-USDT
Aster TQQQUSDT
Binance TQQQUSDT
MEXC TQQQ_USDT
GRVT TQQQ_USDT_Perp
HTX TQQQ-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_TQQQ_USDC_mythos | +0.0100% | 8h | 78.870 | −0.051% | $5 | — | 10x | as long as short |
Orderly PERP_TQQQ_USDC_mythos