Funding you earn now, next payment 20:00 UTC−0.0001%/8h= −0.2% APRnext payment −$0.01 per $10,000 · paid last 24h 0.000%
Price spread now: OKX against Bybit−0.106%7-day average −0.063% · you buy dearer than you sell
Net, funding: paid 7d − costs−$96as in the Funding arb table
Net, price: spread back to 7d avg − costs−$92as in the Price arb table
costs, in and out, $10k−$880.880% of the position
Funding, last 7 days−0.079%−$8 on $10k
+Price spread, last 7 days+0.069%+$7 · spread now −0.106%, 7d avg −0.063%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.043% cheaper against Bybit than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −0.063%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit OKBUSDT | 122.50 | 0.0101 | pay 0.0051% / 4h | 8m 01s | $2.5M | $685K | 25x |
| Short | OKX OKB-USDT-SWAP | 122.37 | 0.0100 | get 0.0050% / 4h | 8m 01s | $29.8M | $34.5M | 20x |
Bybit OKBUSDT
OKX OKB-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
- −$0.31
- Price spread: −0.106% → −0.063%
- −$4.33
- Slippage, 4 orders
- −$66.97
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$92.61
- Costs to cover
- 0.880%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 2 min ago; OKX: 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 Bybit live order book, 2 min ago | 3.26 bp | 37.5 bp −$37 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 4 min ago | 0.41 bp | 10.6 bp −$11 | 32.6 bp −$326 | doesn't fit | doesn't fit |
OKB on 10 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Injective OKB/USDC PERP | +0.0022% | 1h | 122.80 | +0.245% | $25 | $234K | 5.5x | as long as short |
| BingX OKB-USDT | +0.0036% | 4h | 122.42 | −0.065% | — | $2.8M | — | as long as short |
| Aster OKBUSDT | +0.0100% | 1h | 122.11 | −0.320% | $51K | $38K | 5x | as long as short |
| OKX OKB-USDT-SWAPshort | +0.0100% | 4h | 122.37 | −0.106% | $29.8M | $34.5M | 20x | |
| Gate OKB_USDT | +0.0100% | 8h | 122.42 | −0.065% | $1.5M | $482K | 25x | as long as short |
| MEXC OKB_USDT | +0.0100% | 4h | 122.38 | −0.098% | $808K | $361K | 25x | as long as short |
| Variational Omni OKB | +0.0100% | 4h | 122.62 | +0.101% | $56K | $14K | — | as long as short |
| HTX OKB-USDT | +0.0100% | 8h | 122.86 | +0.294% | $66K | $204K | 10x | as long as short |
| Bybit OKBUSDTlong | +0.0101% | 4h | 122.50 | long leg | $2.5M | $685K | 25x | |
| GMX OKB/USD [ETH-USDC] | L +0.0269% / S −0.0266% | 1h | 122.43 | −0.053% | $3K | — | 100x | as long as short |
Injective OKB/USDC PERP
BingX OKB-USDT
Aster OKBUSDT
Gate OKB_USDT
MEXC OKB_USDT
Variational Omni OKB
HTX OKB-USDT
GMX OKB/USD [ETH-USDC]