Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.024%
Price spread now: OKX against Bybit−0.135%7-day average −0.126% · you buy dearer than you sell
Net, funding: paid 7d − costs−$409as in the Funding arb table
Net, price: spread back to 7d avg − costs−$413as in the Price arb table
costs, in and out, $10k−$4124.118% of the position
Funding, last 7 days+0.024%+$2 on $10k
+Price spread, last 4 days (all we have)+0.049%+$5 · spread now −0.135%, 7d avg −0.126%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit UNHUSDT | 379.01 | 0 | get 0.0000% / 8h | 4h 13m | $180K | $37K | 25x |
| Short | OKX UNH-USDT-SWAP | 378.50 | 0 | get 0.0000% / 8h | 4h 13m | $127K | $82K | 20x |
Bybit UNHUSDT
OKX UNH-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: −0.135% → −0.126%
- −$0.87
- Slippage, 4 orders
- −$390.77
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$412.64
- Costs to cover
- 4.118%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 27 min ago; OKX: live order book, 42 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, 27 min ago | 23.19 bp | 154.5 bp −$154 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 42 min ago | 1.59 bp | 58.1 bp −$58 | doesn't fit | doesn't fit | doesn't fit |
UNH on 6 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 UNHUSDTlong | 0.0000% | 8h | 379.01 | long leg | $180K | $37K | 25x | |
| OKX UNH-USDT-SWAPshort | 0.0000% | 8h | 378.50 | −0.135% | $127K | $82K | 20x | |
| QFEX UNH-USD | 0.0000% | 1h | 376.87 | −0.565% | $1.1M | $2.2M | 10x | as long as short |
| Gate UNH_USDT | 0.0000% | 8h | 378.60 | −0.108% | $93K | $13K | 25x | as long as short |
| Bitget UNHUSDT | 0.0000% | 8h | 377.29 | −0.454% | $274K | $81K | 20x | as long as short |
| HTX UNH-USDT | 0.0000% | 8h | 379.01 | 0.000% | $6K | $393K | 10x | as long as short |
QFEX UNH-USD
Gate UNH_USDT
Bitget UNHUSDT
HTX UNH-USDT