Funding you earn now, next payment 08:00 UTC+0.0128%/8h= +14.0% APRnext payment +$0.64 per $10,000 · paid last 24h −0.017%
Price spread now: Bybit against OKX+0.018%7-day average −0.021% · you sell dearer than you buy
Net, funding: paid 7d − costs−$340as in the Funding arb table
Net, price: spread back to 7d avg − costs−$342as in the Price arb table
costs, in and out, $10k−$3463.458% of the position
Funding, last 7 days+0.060%+$6 on $10k
+Price spread, last 4 days (all we have)−0.044%−$4 · spread now +0.018%, 7d avg −0.021%
=Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Bybit is 0.039% dearer against OKX than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.021%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX ACT-USDT-SWAP | 0.01115 | 0.0100 | pay 0.0050% / 4h | 38m 32s | $798K | $1.5M | 10x |
| Short | Bybit ACTUSDT | 0.01115 | 0.0228 | get 0.0114% / 4h | 38m 32s | $663K | $494K | 25x |
OKX ACT-USDT-SWAP
Bybit ACTUSDTFunding 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
- $26.9
- Price spread: +0.018% → −0.021%
- $3.88
- Slippage, 4 orders
- −$324.79
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$315
- Costs to cover
- 3.458%
- Break-even
- 89.0 days
Slippage from OKX: live order book, 3 min ago; Bybit: live order book, 57 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, 3 min ago | 0.89 bp | 53.9 bp −$54 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 57 min ago | 8.52 bp | 126.0 bp −$126 | doesn't fit | doesn't fit | doesn't fit |
ACT on 7 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance ACTUSDT | +0.0100% | 4h | 0.01113 | −0.166% | $2.2M | $2.4M | 10x | as long as short |
| OKX ACT-USDT-SWAPlong | +0.0100% | 4h | 0.01115 | long leg | $798K | $1.5M | 10x | |
| Gate ACT_USDT | +0.0100% | 4h | 0.01114 | −0.045% | $144K | $110K | 25x | as long as short |
| MEXC ACT_USDT | +0.0100% | 4h | 0.01113 | −0.144% | $6.5M | $113K | 20x | as long as short |
| Bitget ACTUSDT | +0.0100% | 4h | 0.01114 | −0.045% | $269K | $87K | 10x | as long as short |
| Bybit ACTUSDTshort | +0.0228% | 4h | 0.01115 | +0.018% | $663K | $494K | 25x | |
| BingX ACT-USDT | +0.0256% | 4h | 0.01114 | −0.054% | — | $1.2M | — | as long as short |
Binance ACTUSDT
Gate ACT_USDT
MEXC ACT_USDT
Bitget ACTUSDT
BingX ACT-USDT