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

USDC

all USDC markets
SwapPrice view
Alert
Funding spread now, next payment 16:00 UTC0.0000%/8h
next payment, per $10,000+$0.00paid, last 24h0.000%paid, last 7 days0.000%to open and close $10k−$23
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit USDCUSDT1.00000get 0.0000% / 8h2h 33m$9.5M$406K50x
ShortOKX USDC-USDT-SWAP1.00000get 0.0000% / 8h2h 33m$1.1M$38K50x

Funding history

latest
Range statsloading…

Funding on every exchange

click an exchange to add or hide it
latest

Profit calculator

Funding earned
$0
Slippage, 4 orders
−$2.44
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee OKX: 5 bp × 2 orders
−$10
Net
−$23.44
Break-even
never at this rate
Slippage from Bybit: live order book, 2 min ago; OKX: live order book, 5 min ago.

Price risk

price view
Price gap now
−0.001%
Avg gap 7d
+0.015%
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 ago0.50 bp6.8 bp −$710.9 bp −$109457.4 bp −$45.7Kdoesn't fit
Sell OKX live order book, 5 min ago0.32 bp5.3 bp −$58.0 bp −$80doesn't fitdoesn't fit

USDC on 8 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
KuCoin USDCUSDTM−0.0146%8h$2.5M$17K30xas long as short
Bitget USDCUSDT−0.0055%8h$4.3M$14K50xas long as short
Binance USDCUSDT−0.0044%8h$4.4M$2.7M50xas long as short
MEXC USDC_USDT−0.0044%8h$16.4M$191K200xas long as short
Kraken Futures PF_USDCUSD−0.0033%1h$14K$11250xas long as short
Bybit USDCUSDTlong0.0000%8h$9.5M$406K50x
OKX USDC-USDT-SWAPshort0.0000%8h$1.1M$38K50x
Gate USDC_USDT+0.0100%8h$253K$20K50xas long as short