Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.099%
Price spread now: OKX against Bybit+0.072%7-day average +0.073% · you sell dearer than you buy
Net, funding: paid 7d − costs−$88as in the Funding arb table
Net, price: spread back to 7d avg − costs−$129as in the Price arb table
costs, in and out, $10k−$1291.291% of the position
Funding, last 7 days+0.411%+$41 on $10k
+Price spread, last 7 days+0.096%+$10 · spread now +0.072%, 7d avg +0.073%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit CPUSDT | 0.01391 | 0.0100 | pay 0.0050% / 4h | 1h 55m | $1.4M | $2.4M | 20x |
| Short | OKX CP-USDT-SWAP | 0.01392 | 0.0100 | get 0.0050% / 4h | 1h 55m | $3.9M | $11.0M | 20x |
Bybit CPUSDT
OKX CP-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: +0.072% → +0.073%
- −$0.08
- Slippage, 4 orders
- −$108.07
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$129.15
- Costs to cover
- 1.291%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 1 min ago; OKX: live order book, 2 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, 1 min ago | 7.19 bp | 39.5 bp −$39 | 403.4 bp −$4,034 | doesn't fit | doesn't fit |
| Sell OKX live order book, 2 min ago | 7.19 bp | 21.4 bp −$21 | 136.3 bp −$1,363 | doesn't fit | doesn't fit |
CP on 7 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX CP-USDT | +0.0070% | 4h | 0.01391 | 0.000% | — | $1.0M | — | as long as short |
| Bybit CPUSDTlong | +0.0100% | 4h | 0.01391 | long leg | $1.4M | $2.4M | 20x | |
| OKX CP-USDT-SWAPshort | +0.0100% | 4h | 0.01392 | +0.072% | $3.9M | $11.0M | 20x | |
| Gate CP_USDT | +0.0100% | 4h | 0.01391 | 0.000% | $586K | $513K | 20x | as long as short |
| MEXC CP_USDT | +0.0100% | 4h | 0.01391 | 0.000% | $1.5M | $357K | 20x | as long as short |
| KuCoin CPUSDTM | +0.0100% | 4h | 0.01394 | +0.216% | $199K | $896K | 20x | as long as short |
| Bitget CPUSDT | +0.0100% | 4h | 0.01390 | −0.079% | $793K | $1.5M | 20x | as long as short |
BingX CP-USDT
Gate CP_USDT
MEXC CP_USDT
KuCoin CPUSDTM
Bitget CPUSDT