Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.027%
Price spread now: OKX against Bybit+0.080%7-day average +0.044% · you sell dearer than you buy
Net, funding: paid 7d − costs−$274as in the Funding arb table
Net, price: spread back to 7d avg − costs−$268as in the Price arb table
costs, in and out, $10k−$2712.714% of the position
Funding, last 7 days−0.027%−$3 on $10k
+Price spread, last 4 days (all we have)−0.041%−$4 · spread now +0.080%, 7d avg +0.044%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.036% dearer against Bybit than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.044%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit CIENUSDT | 372.75 | 0 | get 0.0000% / 8h | 35m 54s | $172K | $1.5M | 25x |
| Short | OKX CIEN-USDT-SWAP | 373.05 | 0 | get 0.0000% / 8h | 35m 54s | $134K | $214K | 20x |
Bybit CIENUSDT
OKX CIEN-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
- Price spread: +0.080% → +0.044%
- $3.63
- Slippage, 4 orders
- −$250.44
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$267.81
- Costs to cover
- 2.714%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 5 min ago; OKX: live order book, 39 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, 5 min ago | 6.84 bp | 53.3 bp −$53 | 205.2 bp −$2,052 | doesn't fit | doesn't fit |
| Sell OKX live order book, 39 min ago | 3.36 bp | 61.1 bp −$61 | doesn't fit | doesn't fit | doesn't fit |
CIEN on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit CIENUSDTlong | 0.0000% | 8h | 372.75 | long leg | $172K | $1.5M | 25x | |
| OKX CIEN-USDT-SWAPshort | 0.0000% | 8h | 373.05 | +0.080% | $134K | $214K | 20x | |
| Gate CIEN_USDT | 0.0000% | 8h | 372.80 | +0.013% | $306K | $40K | 20x | as long as short |
| Bitget CIENUSDT | 0.0000% | 8h | 373.05 | +0.080% | $87K | $233K | 20x | as long as short |
| Variational Omni CIEN | 0.0000% | 8h | 373.31 | +0.149% | $50K | $54K | — | as long as short |
| Paragon para:CIEN | +0.0060% | 1h | 372.54 | −0.058% | $91K | $95K | 10x | as long as short |
| QFEX CIEN-USD | +0.0060% | 1h | 373.23 | +0.129% | $1.1M | $4.7M | 10x | as long as short |
| Binance CIENUSDT | +0.0093% | 8h | 373.20 | +0.121% | $539K | $1.2M | 20x | as long as short |
| SunX CIEN-USDT | +0.0100% | 8h | 372.87 | +0.032% | $1K | $1.0M | 10x | as long as short |
| HTX CIEN-USDT | +0.0100% | 8h | 375.86 | +0.834% | $9K | $40K | 10x | as long as short |
Gate CIEN_USDT
Bitget CIENUSDT
Variational Omni CIEN
Paragon para:CIEN
QFEX CIEN-USD
Binance CIENUSDT
SunX CIEN-USDT
HTX CIEN-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin CIENUSDTM | +0.0318% | 8h | 373.20 | +0.121% | $102K | $128K | 20x | as long as short |
KuCoin CIENUSDTM