S

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.051%

Price spread now: Bybit against OKX−0.051%7-day average −0.050% · you buy dearer than you sell

Net, funding: paid 7d − costs−$116as in the Funding arb table

Net, price: spread back to 7d avg − costs−$137as in the Price arb table

costs, in and out, $10k−$1371.365% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days+0.204%+$20 on $10k

Price spread, last 7 days−0.024%−$2 · spread now −0.051%, 7d avg −0.050%

Together, before fees+0.180%+$18 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX S-USDT-SWAP	0.03904	0.0100	pay 0.0050% / 4h	2h 05m	$974K	$7.2M	20x
Short	Bybit SUSDT	0.03902	0.0100	get 0.0050% / 4h	2h 05m	$5.6M	$6.3M	50x

Funding history

latest

Range statsloading…

Bybit against OKX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Position, each leg$Hold fordaysFee OKXbpFee BybitbpOrdersPrice spread, now −0.051%Rate

Slippage from OKX: live order book, 2 min ago; Bybit: live order book, 2 min ago.

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, 2 min ago	3.84 bp	37.9 bp −$38	doesn't fit	doesn't fit	doesn't fit
Sell Bybit live order book, 2 min ago	2.56 bp	37.7 bp −$38	90.3 bp −$903	doesn't fit	doesn't fit

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
Kraken Futures PF_SUSD	−0.1461%	1h	0.03907	+0.076%	$33K	$30K	10x	as long as short
Coinbase International S-PERP-INTX	−0.1264%	1h	0.03826	−1.998%	$47K	$5K	25x	as long as short
Variational Omni S	−0.0889%	4h	0.03922	+0.460%	$610K	$34K	—	as long as short
GMX S/USD [WBTC.b-USDC]	L −0.0192% / S +0.0185%	1h	0.03910	+0.149%	$1K	—	100x	as long as short
Reya SRUSDPERP	−0.0101%	1h	0.03904	−0.011%	$4	—	15x	as long as short
Orderly PERP_S_USDC	−0.0001%	4h	0.03907	+0.077%	$99K	$346K	10x	as long as short
Deribit S_USDC-PERPETUAL	0.0000%	1h	0.03911	+0.179%	$66K	$10K	10x	as long as short
gTrade (Gains Network) S/USD	L +0.0001% / S +0.0006%	1h	0.03911	+0.167%	$603	—	150x	as long as short
Aster SUSDT	+0.0024%	4h	0.03908	+0.115%	$43K	$212K	10x	as long as short
01 Exchange SUSD	+0.0032%	1h	0.03900	−0.102%	$24K	$3K	5x	as long as short

Show all 25 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective S/USDC PERP	+0.0033%	1h	0.04100	+5.020%	$2K	$37K	12x	as long as short
Lighter S	+0.0096%	1h	0.03910	+0.154%	$164K	$240K	5x	as long as short
Hyperliquid S	+0.0100%	1h	0.03905	+0.028%	$981K	$877K	5x	as long as short
Binance SUSDT	+0.0100%	4h	0.03908	+0.102%	$5.3M	$23.2M	75x	as long as short
Bybit SUSDTshort	+0.0100%	4h	0.03902	−0.051%	$5.6M	$6.3M	50x
OKX S-USDT-SWAPlong	+0.0100%	4h	0.03904	long leg	$974K	$7.2M	20x
Gate S_USDT	+0.0100%	4h	0.03905	+0.026%	$319K	$293K	50x	as long as short
MEXC S_USDT	+0.0100%	4h	0.03907	+0.077%	$3.4M	$2.6M	200x	as long as short
KuCoin SUSDTM	+0.0100%	4h	0.03905	+0.026%	$1.8M	$3.1M	50x	as long as short
Bitget SUSDT	+0.0100%	4h	0.03911	+0.179%	$1.2M	$2.9M	50x	as long as short
BingX S-USDT	+0.0100%	4h	0.03904	0.000%	—	$6.8M	—	as long as short
ApeX Omni SUSDT	+0.0100%	1h	0.03930	+0.666%	$25K	$470K	50x	as long as short
Extended S-USD	+0.0104%	1h	0.03904	+0.001%	$219K	$883K	10x	as long as short
BloFin S-USDT	+0.0340%	4h	0.03911	+0.179%	$268K	$146K	75x	as long as short
Backpack S_USDC_PERP	+0.0532%	1h	0.03920	+0.410%	$114K	$298K	5x	as long as short