data as of
Settings8H · net · $10k
Funding arb /

S

all S markets
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Funding spread now, next payment 16:00 UTC+0.0908%/8h
next payment, per $10,000+$4.54paid, last 24h−0.058%paid, last 7 days−0.211%to open and close $10k−$106
The current rate is far above what this pair has been paying: over the last 7 days it paid -0.211% in total (about -11.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$4.54 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit SUSDT0.03877−0.0958get 0.0479% / 4h2h 32m$5.6M$9.7M50x
ShortOKX S-USDT-SWAP0.03877−0.0050pay 0.0025% / 4h2h 32m$1.0M$12.6M20x

Funding history

latest
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Funding on every exchange

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Profit calculator

Funding earned
$190.6
Slippage, 4 orders
−$85.42
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee OKX: 5 bp × 2 orders
−$10
Net
$84.19
Break-even
3.9 days
Slippage from Bybit: live order book, 2 min ago; OKX: live order book, 3 min ago.

Price risk

price view
Price gap now
0.000%
Avg gap 7d
+0.048%
A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 2 min ago1.29 bp20.1 bp −$2072.0 bp −$720doesn't fitdoesn't fit
Sell OKX live order book, 3 min ago1.29 bp36.4 bp −$36doesn't fitdoesn't fitdoesn't fit

S on 25 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
01 Exchange SUSD−1.0856%1h$22K$3K5xas long as short
Coinbase International S-PERP-INTX−0.2320%1h$48K$15K25xas long as short
Variational Omni S−0.1623%4h$606K$131Kas long as short
Kraken Futures PF_SUSD−0.1340%1h$35K$49K10xas long as short
Bybit SUSDTlong−0.0958%4h$5.6M$9.7M50x
Deribit S_USDC-PERPETUAL−0.0779%1h$65K$12K10xas long as short
Aster SUSDT−0.0698%4h$43K$241K10xas long as short
GMX S/USD [WBTC.b-USDC]L −0.0342% / S +0.0318%1h$1K100xas long as short
Orderly PERP_S_USDC−0.0339%4h$103K$340K10xas long as short
Reya SRUSDPERP−0.0101%1h$415xas long as short
Show all 25 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
KuCoin SUSDTM−0.0082%4h$1.8M$4.0M50xas long as short
OKX S-USDT-SWAPshort−0.0050%4h$1.0M$12.6M20x
gTrade (Gains Network) S/USDL +0.0001% / S +0.0006%1h$599150xas long as short
Injective S/USDC PERP+0.0033%1h$2K$193K12xas long as short
Extended S-USD+0.0072%1h$218K$940K10xas long as short
MEXC S_USDT+0.0072%4h$3.7M$3.6M200xas long as short
Binance SUSDT+0.0074%4h$5.2M$40.8M75xas long as short
Lighter S+0.0096%1h$161K$306K5xas long as short
Hyperliquid S+0.0100%1h$1.0M$1.5M5xas long as short
Gate S_USDT+0.0100%4h$327K$403K50xas long as short
Bitget SUSDT+0.0100%4h$1.2M$4.6M50xas long as short
BingX S-USDT+0.0100%4h$7.0Mas long as short
ApeX Omni SUSDT+0.0100%1h$11K$503K50xas long as short
BloFin S-USDT+0.0295%4h$288K$228K75xas long as short
Backpack S_USDC_PERP+0.0512%1h$113K$171K5xas long as short