Funding you earn now, next payment 08:00 UTC+0.0030%/8h= +3.3% APRnext payment +$0.15 per $10,000 · paid last 24h −0.077%
Price spread now: Bybit against OKX+0.108%7-day average +0.078% · you sell dearer than you buy
Net, funding: paid 7d − costs−$58as in the Funding arb table
Net, price: spread back to 7d avg − costs−$73as in the Price arb table
costs, in and out, $10k−$760.764% of the position
Funding, last 7 days+0.182%+$18 on $10k
+Price spread, last 7 days+0.150%+$15 · spread now +0.108%, 7d avg +0.078%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Bybit is 0.030% dearer against OKX than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.078%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX LA-USDT-SWAP | 0.07407 | 0.0070 | pay 0.0035% / 4h | 3h 28m | $1.3M | $3.0M | 20x |
| Short | Bybit LAUSDT | 0.07415 | 0.0100 | get 0.0050% / 4h | 3h 28m | $2.4M | $2.6M | 25x |
OKX LA-USDT-SWAP
Bybit LAUSDTFunding 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
- $6.31
- Price spread: +0.108% → +0.078%
- $2.98
- Slippage, 4 orders
- −$55.44
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$67.16
- Costs to cover
- 0.764%
- Break-even
- 81.5 days
Slippage from OKX: live order book, 4 min ago; Bybit: live order book, 4 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, 4 min ago | 2.02 bp | 17.6 bp −$18 | 443.7 bp −$4,437 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 4 min ago | 0.67 bp | 16.9 bp −$17 | 122.5 bp −$1,225 | doesn't fit | doesn't fit |
LA 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget LAUSDT | −0.0574% | 4h | 0.07397 | −0.135% | $2.0M | $480K | 25x | as long as short |
| BingX LA-USDT | −0.0540% | 4h | 0.07408 | +0.014% | — | $6.6M | — | as long as short |
| Aster LAUSDT | −0.0322% | 4h | 0.07406 | −0.019% | $51K | $25K | 5x | as long as short |
| BloFin LA-USDT | −0.0184% | 4h | 0.07410 | +0.041% | $245K | $20K | 25x | as long as short |
| Binance LAUSDT | −0.0184% | 4h | 0.07408 | +0.014% | $4.7M | $9.8M | 25x | as long as short |
| MEXC LA_USDT | −0.0184% | 4h | 0.07408 | +0.014% | $375K | $133K | 50x | as long as short |
| KuCoin LAUSDTM | −0.0156% | 4h | 0.07405 | −0.027% | $1.0M | $83K | 30x | as long as short |
| OKX LA-USDT-SWAPlong | +0.0070% | 4h | 0.07407 | long leg | $1.3M | $3.0M | 20x | |
| Bybit LAUSDTshort | +0.0100% | 4h | 0.07415 | +0.108% | $2.4M | $2.6M | 25x | |
| Gate LA_USDT | +0.0100% | 4h | 0.07405 | −0.027% | $237K | $825K | 50x | as long as short |
Bitget LAUSDT
BingX LA-USDT
Aster LAUSDT
BloFin LA-USDT
Binance LAUSDT
MEXC LA_USDT
KuCoin LAUSDTM
Gate LA_USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT LA_USDT_Perp | +0.0100% | 4h | 0.07410 | +0.041% | $146K | $467K | 10x | as long as short |
GRVT LA_USDT_Perp