Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.046%
Price spread now: OKX against Bybit+0.023%7-day average +0.027% · you sell dearer than you buy
Net, funding: paid 7d − costs−$83as in the Funding arb table
Net, price: spread back to 7d avg − costs−$88as in the Price arb table
costs, in and out, $10k−$870.875% of the position
Funding, last 7 days+0.047%+$5 on $10k
+Price spread, last 7 days+0.026%+$3 · spread now +0.023%, 7d avg +0.027%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit ARUSDT | 4.3940 | 0.0100 | pay 0.0100% / 8h | 3h 25m | $4.5M | $8.5M | 75x |
| Short | OKX AR-USDT-SWAP | 4.3950 | 0.0100 | get 0.0100% / 8h | 3h 25m | $2.2M | $17.5M | 20x |
Bybit ARUSDT
OKX AR-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: +0.023% → +0.027%
- −$0.45
- Slippage, 4 orders
- −$66.5
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$87.94
- Costs to cover
- 0.875%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 2 min ago; OKX: live order book, 3 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, 2 min ago | 1.14 bp | 18.8 bp −$19 | 104.8 bp −$1,048 | doesn't fit | doesn't fit |
| Sell OKX live order book, 3 min ago | 2.28 bp | 21.9 bp −$22 | 109.6 bp −$1,096 | doesn't fit | doesn't fit |
AR on 17 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ARUSD | −0.1229% | 1h | 4.3910 | −0.067% | $59K | $143K | 20x | as long as short |
| GMX AR/USD [WBTC.b-USDC] | L −0.0141% / S +0.0551% | 1h | 4.3947 | +0.017% | $564K | — | 50x | as long as short |
| Aster ARUSDT | +0.0100% | 8h | 4.3921 | −0.044% | $30K | $467K | 10x | as long as short |
| Binance ARUSDT | +0.0100% | 8h | 4.3969 | +0.065% | $8.6M | $50.6M | 75x | as long as short |
| Bybit ARUSDTlong | +0.0100% | 8h | 4.3940 | long leg | $4.5M | $8.5M | 75x | |
| OKX AR-USDT-SWAPshort | +0.0100% | 8h | 4.3950 | +0.023% | $2.2M | $17.5M | 20x | |
| Gate AR_USDT | +0.0100% | 8h | 4.3950 | +0.023% | $2.5M | $1.9M | 50x | as long as short |
| MEXC AR_USDT | +0.0100% | 8h | 4.3950 | +0.023% | $6.0M | $4.2M | 100x | as long as short |
| KuCoin ARUSDTM | +0.0100% | 8h | 4.3910 | −0.068% | $1.1M | $1.3M | 50x | as long as short |
| Bitget ARUSDT | +0.0100% | 8h | 4.3940 | 0.000% | $3.8M | $5.2M | 75x | as long as short |
Kraken Futures PF_ARUSD
GMX AR/USD [WBTC.b-USDC]
Aster ARUSDT
Binance ARUSDT
Gate AR_USDT
MEXC AR_USDT
KuCoin ARUSDTM
Bitget ARUSDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX AR-USDT | +0.0100% | 8h | 4.3920 | −0.046% | — | $2.8M | — | as long as short |
| Variational Omni AR | +0.0100% | 8h | 4.3942 | +0.004% | $233K | $414K | — | as long as short |
| ApeX Omni ARUSDT | +0.0100% | 1h | 4.3960 | +0.046% | $19K | $714K | 50x | as long as short |
| Extended AR-USD | +0.0104% | 1h | 4.3951 | +0.025% | $36K | $237K | 10x | as long as short |
| BloFin AR-USDT | +0.0220% | 8h | 4.3830 | −0.250% | $411K | $466K | 20x | as long as short |
| Hyperliquid AR | +0.0352% | 1h | 4.4024 | +0.191% | $3.7M | $4.4M | 5x | as long as short |
| Injective AR/USDC PERP | +0.0433% | 1h | 4.4240 | +0.683% | $2K | $5K | 5.5x | as long as short |
BingX AR-USDT
Variational Omni AR
ApeX Omni ARUSDT
Extended AR-USD
BloFin AR-USDT
Hyperliquid AR
Injective AR/USDC PERP