Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.012%
Price spread now: OKX against Bybit+0.018%7-day average +0.063% · you sell dearer than you buy
Net, funding: paid 7d − costs−$143as in the Funding arb table
Net, price: spread back to 7d avg − costs−$149as in the Price arb table
costs, in and out, $10k−$1441.443% of the position
Funding, last 7 days+0.013%+$1 on $10k
+Price spread, last 7 days+0.035%+$4 · spread now +0.018%, 7d avg +0.063%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.044% cheaper against Bybit than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.063%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit ATHUSDT | 0.005475 | 0.0100 | pay 0.0050% / 4h | 18m 24s | $4.3M | $2.7M | 25x |
| Short | OKX ATH-USDT-SWAP | 0.005476 | 0.0100 | get 0.0050% / 4h | 18m 24s | $700K | $1.3M | 20x |
Bybit ATHUSDT
OKX ATH-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: +0.018% → +0.063%
- −$4.43
- Slippage, 4 orders
- −$123.3
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$148.73
- Costs to cover
- 1.443%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 4 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, 4 min ago | 5.49 bp | 34.0 bp −$34 | 164.4 bp −$1,644 | doesn't fit | doesn't fit |
| Sell OKX live order book, 3 min ago | 7.32 bp | 32.4 bp −$32 | doesn't fit | doesn't fit | doesn't fit |
ATH on 13 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_ATHUSD | −0.1808% | 1h | 0.005489 | +0.257% | $17K | $109K | 10x | as long as short |
| Variational Omni ATH | −0.0100% | 4h | 0.005462 | −0.237% | $183K | $93K | — | as long as short |
| dYdX ATH-USD | 0.0000% | 1h | 0.005490 | +0.274% | $11K | $59 | 5x | as long as short |
| BloFin ATH-USDT | +0.0059% | 4h | 0.005475 | 0.000% | $162K | $69K | 75x | as long as short |
| Aster ATHUSDT | +0.0100% | 4h | 0.005487 | +0.218% | $4K | $42K | 5x | as long as short |
| Binance ATHUSDT | +0.0100% | 4h | 0.005487 | +0.215% | $3.2M | $4.3M | 50x | as long as short |
| Bybit ATHUSDTlong | +0.0100% | 4h | 0.005475 | long leg | $4.3M | $2.7M | 25x | |
| OKX ATH-USDT-SWAPshort | +0.0100% | 4h | 0.005476 | +0.018% | $700K | $1.3M | 20x | |
| Gate ATH_USDT | +0.0100% | 4h | 0.005477 | +0.037% | $783K | $619K | 30x | as long as short |
| MEXC ATH_USDT | +0.0100% | 4h | 0.005487 | +0.219% | $8.9M | $680K | 50x | as long as short |
Kraken Futures PF_ATHUSD
Variational Omni ATH
dYdX ATH-USD
BloFin ATH-USDT
Aster ATHUSDT
Binance ATHUSDT
Gate ATH_USDT
MEXC ATH_USDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin ATHUSDTM | +0.0100% | 4h | 0.005486 | +0.201% | $550K | $79K | 30x | as long as short |
| Bitget ATHUSDT | +0.0100% | 4h | 0.005484 | +0.164% | $1.5M | $898K | 25x | as long as short |
| BingX ATH-USDT | +0.0100% | 4h | 0.005482 | +0.128% | — | $21.3M | — | as long as short |
KuCoin ATHUSDTM
Bitget ATHUSDT
BingX ATH-USDT