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: Bybit against OKX+0.728%7-day average +0.131% · you sell dearer than you buy
Net, funding: paid 7d − costs−$428as in the Funding arb table
Net, price: spread back to 7d avg − costs−$366as in the Price arb table
costs, in and out, $10k−$4264.255% of the position
Funding, last 7 days−0.024%−$2 on $10k
+Price spread, last 4 days (all we have)−0.603%−$60 · spread now +0.728%, 7d avg +0.131%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.597% dearer against OKX than usual: you sell high and buy low, +$60 on $10k if it goes back to its 7-day average of +0.131%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX UNH-USDT-SWAP | 377.65 | 0 | get 0.0000% / 8h | 2h 11m | $131K | $87K | 20x |
| Short | Bybit UNHUSDT | 380.40 | 0 | get 0.0000% / 8h | 2h 11m | $179K | $35K | 25x |
OKX UNH-USDT-SWAP
Bybit UNHUSDTFunding 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: +0.728% → +0.131%
- $59.69
- Slippage, 4 orders
- −$404.53
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$365.84
- Costs to cover
- 4.255%
- Break-even
- never at this rate
Slippage from OKX: live order book, 34 min ago; Bybit: live order book, 19 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, 34 min ago | 7.94 bp | 60.4 bp −$60 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 19 min ago | 23.58 bp | 146.6 bp −$147 | 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 UNHUSDTshort | 0.0000% | 8h | 380.40 | +0.728% | $179K | $35K | 25x | |
| OKX UNH-USDT-SWAPlong | 0.0000% | 8h | 377.65 | long leg | $131K | $87K | 20x | |
| QFEX UNH-USD | 0.0000% | 1h | 377.67 | +0.005% | $1.1M | $2.3M | 10x | as long as short |
| Gate UNH_USDT | 0.0000% | 8h | 378.46 | +0.214% | $93K | $12K | 25x | as long as short |
| Bitget UNHUSDT | 0.0000% | 8h | 377.76 | +0.029% | $274K | $79K | 20x | as long as short |
| HTX UNH-USDT | 0.0000% | 8h | 380.40 | +0.728% | $6K | $390K | 10x | as long as short |
QFEX UNH-USD
Gate UNH_USDT
Bitget UNHUSDT
HTX UNH-USDT