Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.008%
Price spread now: OKX against Bybit−0.055%7-day average +0.018% · you buy dearer than you sell
Net, funding: paid 7d − costs−$502as in the Funding arb table
Net, price: spread back to 7d avg − costs−$505as in the Price arb table
costs, in and out, $10k−$4974.972% of the position
Funding, last 7 days−0.051%−$5 on $10k
+Price spread, last 4 days (all we have)+0.116%+$12 · spread now −0.055%, 7d avg +0.018%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.073% cheaper against Bybit than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of +0.018%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit ACTUSDT | 0.01089 | 0.0100 | pay 0.0050% / 4h | 48m 26s | $576K | $500K | 25x |
| Short | OKX ACT-USDT-SWAP | 0.01088 | 0.0100 | get 0.0050% / 4h | 48m 26s | $781K | $1.5M | 10x |
Funding 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: −0.055% → +0.018%
- −$7.29
- Slippage, 4 orders
- −$476.23
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$504.53
- Costs to cover
- 4.972%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 50 min ago; OKX: live order book, 1 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, 50 min ago | 5.02 bp | 326.4 bp −$326 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 1 min ago | 3.68 bp | 35.1 bp −$35 | doesn't fit | doesn't fit | doesn't fit |
ACT on 7 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Binance ACTUSDT | +0.0100% | 4h | 0.01088 | −0.055% | $2.1M | $2.3M | 10x | as long as short |
| Bybit ACTUSDTlong | +0.0100% | 4h | 0.01089 | long leg | $576K | $500K | 25x | |
| OKX ACT-USDT-SWAPshort | +0.0100% | 4h | 0.01088 | −0.055% | $781K | $1.5M | 10x | |
| Gate ACT_USDT | +0.0100% | 4h | 0.01086 | −0.230% | $143K | $105K | 25x | as long as short |
| MEXC ACT_USDT | +0.0100% | 4h | 0.01088 | −0.018% | $6.3M | $113K | 20x | as long as short |
| Bitget ACTUSDT | +0.0100% | 4h | 0.01087 | −0.138% | $258K | $76K | 10x | as long as short |
| BingX ACT-USDT | +0.0100% | 4h | 0.01086 | −0.276% | — | $1.3M | — | as long as short |
Bybit ACTUSDT
OKX ACT-USDT-SWAP
Binance ACTUSDT
Gate ACT_USDT
MEXC ACT_USDT
Bitget ACTUSDT
BingX ACT-USDT