Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: OKX against Bybit+0.022%7-day average +0.010% · you sell dearer than you buy
Net, funding: paid 7d − costs−$134as in the Funding arb table
Net, price: spread back to 7d avg − costs−$128as in the Price arb table
costs, in and out, $10k−$1291.288% of the position
Funding, last 7 days−0.051%−$5 on $10k
+Price spread, last 4 days (all we have)−0.003%$0 · spread now +0.022%, 7d avg +0.010%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit MEWUSDT | 0.0004625 | 0.0100 | pay 0.0050% / 4h | 2h 26m | $1.4M | $1.5M | 25x |
| Short | OKX MEW-USDT-SWAP | 0.0004626 | 0.0100 | get 0.0050% / 4h | 2h 26m | $533K | $878K | 20x |
Bybit MEWUSDT
OKX MEW-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
- $0
- Price spread: +0.022% → +0.010%
- $1.15
- Slippage, 4 orders
- −$107.85
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$127.69
- Costs to cover
- 1.288%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 5 min ago; OKX: live order book, 20 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 Bybit live order book, 5 min ago | 3.24 bp | 29.4 bp −$29 | 69.1 bp −$691 | doesn't fit | doesn't fit |
| Sell OKX live order book, 20 min ago | 3.18 bp | 36.7 bp −$37 | doesn't fit | doesn't fit | doesn't fit |
MEW on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| GMX MEW/USD [WBTC.b-USDC] | L 0.0000% / S 0.0000% | 1h | 0.0004620 | −0.108% | — | — | 100x | as long as short |
| Injective MEW/USDC PERP | +0.0033% | 1h | 0.0004219 | −8.778% | $46 | $14K | 5.5x | as long as short |
| Binance MEWUSDT | +0.0100% | 4h | 0.0004632 | +0.149% | $1.3M | $3.5M | 50x | as long as short |
| Bybit MEWUSDTlong | +0.0100% | 4h | 0.0004625 | long leg | $1.4M | $1.5M | 25x | |
| OKX MEW-USDT-SWAPshort | +0.0100% | 4h | 0.0004626 | +0.022% | $533K | $878K | 20x | |
| Gate MEW_USDT | +0.0100% | 4h | 0.0004619 | −0.130% | $134K | $140K | 50x | as long as short |
| MEXC MEW_USDT | +0.0100% | 4h | 0.0004631 | +0.130% | $363K | $184K | 125x | as long as short |
| KuCoin MEWUSDTM | +0.0100% | 4h | 0.0004631 | +0.130% | $322K | $131K | 30x | as long as short |
| Bitget MEWUSDT | +0.0100% | 4h | 0.0004633 | +0.173% | $484K | $526K | 50x | as long as short |
| BingX MEW-USDT | +0.0100% | 4h | 0.0004626 | +0.022% | — | $6.7M | — | as long as short |
GMX MEW/USD [WBTC.b-USDC]
Injective MEW/USDC PERP
Binance MEWUSDT
Gate MEW_USDT
MEXC MEW_USDT
KuCoin MEWUSDTM
Bitget MEWUSDT
BingX MEW-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni MEW | +0.0100% | 4h | 0.0004628 | +0.060% | $82K | $36K | — | as long as short |
| Kraken Futures PF_MEWUSD | +0.0425% | 1h | 0.0004631 | +0.135% | $89K | $127K | 10x | as long as short |
Variational Omni MEW
Kraken Futures PF_MEWUSD