Funding you earn now, next payment 08:00 UTC+0.1034%/8h= +113.2% APRnext payment +$10.34 per $10,000 · paid last 24h +0.089%
Price spread now: OKX against Bybit+0.205%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.671%+$67 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$31 a day on $10k at the current rate, and OKX is 0.205% dearer against Bybit than usual: you sell high and buy low: +$20 more if the spread goes back to zero (this spread has no 7-day history yet).
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.671% in total (about 35.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$10.34 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit ZHONGJIUSDT | 161.17 | 0 | get 0.0000% / 8h | 4h 36m | $79K | $60K | 25x |
| Short | OKX ZHONGJI-USDT-SWAP | 161.50 | 0.1034 | get 0.1034% / 8h | 4h 36m | $1.9M | $4.5M | 20x |
Bybit ZHONGJIUSDT
OKX ZHONGJI-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
- $217.14
- Price spread: +0.205% → 0.000%
- $20.48
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- $216.62
- Costs to cover
- 0.210%
- Break-even
- 0.0 days
Slippage unknown: Bybit: no order-book sample; OKX: live order book, 1 min ago. Net counts fees only.
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 no order-book sample | — | — | — | — | — |
| Sell OKX live order book, 1 min ago | 0.62 bp | 18.4 bp −$18 | 41.8 bp −$418 | doesn't fit | doesn't fit |
Bybit: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
ZHONGJI on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX ZHONGJIUSDC | −0.0034% | 4h | 161.23 | +0.034% | $65K | $393K | 10x | as long as short |
| Bybit ZHONGJIUSDTlong | 0.0000% | 8h | 161.17 | long leg | $79K | $60K | 25x | |
| Gate ZHONGJI_USDT | 0.0000% | 4h | 161.21 | +0.025% | $251K | $171K | 20x | as long as short |
| HTX ZHONGJI-USDT | 0.0000% | 4h | 161.18 | +0.006% | $31K | $359K | 20x | as long as short |
| KuCoin ZHONGJIUSDTM | +0.0198% | 4h | 161.17 | 0.000% | $62K | $86K | 20x | as long as short |
| Bitget ZHONGJIUSDT | +0.0213% | 8h | 161.23 | +0.037% | $609K | $802K | 20x | as long as short |
| Binance ZHONGJIUSDT | +0.0434% | 4h | 161.46 | +0.180% | $4.2M | $10.5M | 20x | as long as short |
| OKX ZHONGJI-USDT-SWAPshort | +0.1034% | 8h | 161.50 | +0.205% | $1.9M | $4.5M | 20x |
edgeX ZHONGJIUSDC
Gate ZHONGJI_USDT
HTX ZHONGJI-USDT
KuCoin ZHONGJIUSDTM
Bitget ZHONGJIUSDT
Binance ZHONGJIUSDT