Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against OKX+0.134%7-day average −0.017% · you sell dearer than you buy
Net, funding: paid 7d − costs−$471as in the Funding arb table
Net, price: spread back to 7d avg − costs−$449as in the Price arb table
costs, in and out, $10k−$4644.637% of the position
Funding, last 7 days−0.074%−$7 on $10k
+Price spread, last 4 days (all we have)−0.239%−$24 · spread now +0.134%, 7d avg −0.017%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.151% dearer against OKX than usual: you sell high and buy low, +$15 on $10k if it goes back to its 7-day average of −0.017%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX BX-USDT-SWAP | 126.60 | 0 | get 0.0000% / 8h | 3h 30m | $159K | $102K | 20x |
| Short | Bybit BXUSDT | 126.77 | 0 | get 0.0000% / 8h | 3h 30m | $503K | $925K | 25x |
OKX BX-USDT-SWAP
Bybit BXUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against OKX. 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: +0.134% → −0.017%
- $15.09
- Slippage, 4 orders
- −$442.72
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$448.63
- Costs to cover
- 4.637%
- Break-even
- never at this rate
Slippage from OKX: live order book, 14 min ago; Bybit: live order book, 15 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 OKX live order book, 14 min ago | 8.68 bp | 58.8 bp −$59 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 15 min ago | 3.55 bp | 165.6 bp −$166 | 254.1 bp −$2,541 | doesn't fit | doesn't fit |
BX on 14 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective BX/USDC PERP | −0.0220% | 1h | 125.51 | −0.861% | $2K | $26K | 12x | as long as short |
| QFEX BX-USD | 0.0000% | 1h | 132.21 | +4.431% | $1.2M | $1.1M | 10x | as long as short |
| Aster BXUSDT | 0.0000% | 8h | 126.60 | +0.002% | $5K | $2K | 20x | as long as short |
| Binance BXUSDT | 0.0000% | 8h | 126.77 | +0.133% | $806K | $442K | 20x | as long as short |
| Bybit BXUSDTshort | 0.0000% | 8h | 126.77 | +0.134% | $503K | $925K | 25x | |
| OKX BX-USDT-SWAPlong | 0.0000% | 8h | 126.60 | long leg | $159K | $102K | 20x | |
| Gate BX_USDT | 0.0000% | 8h | 126.78 | +0.142% | $425K | $20K | 20x | as long as short |
| Bitget BXUSDT | 0.0000% | 8h | 126.70 | +0.079% | $904K | $50K | 20x | as long as short |
| Variational Omni BX | 0.0000% | 8h | 126.80 | +0.160% | $31K | $127 | — | as long as short |
| GRVT BX_USDT_Perp | 0.0000% | 8h | 126.77 | +0.136% | $852 | $130K | 10x | as long as short |
Injective BX/USDC PERP
QFEX BX-USD
Aster BXUSDT
Binance BXUSDT
Gate BX_USDT
Bitget BXUSDT
Variational Omni BX
GRVT BX_USDT_PerpShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX BX-USDT | 0.0000% | 8h | 126.78 | +0.142% | $1K | $301K | 10x | as long as short |
| HTX BX-USDT | 0.0000% | 8h | 126.80 | +0.158% | $7K | $3K | 20x | as long as short |
| KuCoin BXUSDTM | +0.0100% | 8h | 126.69 | +0.071% | $108K | $1.2M | 20x | as long as short |
| tradeXYZ xyz:BX | +0.0652% | 1h | 126.66 | +0.047% | $667K | $167K | 10x | as long as short |
SunX BX-USDT
HTX BX-USDT
KuCoin BXUSDTM
tradeXYZ xyz:BX