Funding you earn now, next payment 08:00 UTC+0.0052%/8h= +5.7% APRnext payment +$0.26 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against OKX+0.215%7-day average +0.090% · you sell dearer than you buy
Net, funding: paid 7d − costs−$281as in the Funding arb table
Net, price: spread back to 7d avg − costs−$270as in the Price arb table
costs, in and out, $10k−$2832.829% of the position
Funding, last 7 days+0.019%+$2 on $10k
+Price spread, last 4 days (all we have)−0.155%−$16 · spread now +0.215%, 7d avg +0.090%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Bybit is 0.125% dearer against OKX than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of +0.090%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX BREV-USDT-SWAP | 0.08840 | 0.0048 | pay 0.0024% / 4h | 3h 23m | $525K | $661K | 20x |
| Short | Bybit BREVUSDT | 0.08859 | 0.0100 | get 0.0050% / 4h | 3h 23m | $551K | $558K | 50x |
OKX BREV-USDT-SWAP
Bybit BREVUSDTFunding 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
- $10.92
- Price spread: +0.215% → +0.090%
- $12.5
- Slippage, 4 orders
- −$261.87
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$259.45
- Costs to cover
- 2.829%
- Break-even
- 173.3 days
Slippage from OKX: live order book, 27 min ago; Bybit: live order book, 21 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, 27 min ago | 5.62 bp | 39.7 bp −$40 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 21 min ago | 5.61 bp | 97.7 bp −$98 | doesn't fit | doesn't fit | doesn't fit |
BREV 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster BREVUSDT | +0.0044% | 4h | 0.08855 | +0.170% | $15K | $4K | 5x | as long as short |
| OKX BREV-USDT-SWAPlong | +0.0048% | 4h | 0.08840 | long leg | $525K | $661K | 20x | |
| Binance BREVUSDT | +0.0100% | 4h | 0.08845 | +0.059% | $1.6M | $2.2M | 50x | as long as short |
| Bybit BREVUSDTshort | +0.0100% | 4h | 0.08859 | +0.215% | $551K | $558K | 50x | |
| Gate BREV_USDT | +0.0100% | 8h | 0.08850 | +0.113% | $49K | $50K | 50x | as long as short |
| MEXC BREV_USDT | +0.0100% | 4h | 0.08850 | +0.113% | $3.6M | $172K | 20x | as long as short |
| KuCoin BREVUSDTM | +0.0100% | 4h | 0.08850 | +0.113% | $451K | $52K | 50x | as long as short |
| Bitget BREVUSDT | +0.0100% | 4h | 0.08840 | 0.000% | $447K | $152K | 20x | as long as short |
| BingX BREV-USDT | +0.0100% | 4h | 0.08842 | +0.023% | — | $2.3M | — | as long as short |
| Variational Omni BREV | +0.0100% | 4h | 0.08837 | −0.030% | $173 | $105 | — | as long as short |
Aster BREVUSDT
Binance BREVUSDT
Gate BREV_USDT
MEXC BREV_USDT
KuCoin BREVUSDTM
Bitget BREVUSDT
BingX BREV-USDT
Variational Omni BREVShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX BREV-USDT | +0.0100% | 4h | 0.08840 | 0.000% | $1K | $1.6M | 20x | as long as short |
SunX BREV-USDT