Funding you earn now, next payment 08:00 UTC+0.0285%/8h= +31.2% APRnext payment +$2.85 per $10,000 · paid last 24h +0.017%
Price spread now: OKX against Bybit+0.023%7-day average +0.029% · you sell dearer than you buy
Net, funding: paid 7d − costs−$108as in the Funding arb table
Net, price: spread back to 7d avg − costs−$92as in the Price arb table
costs, in and out, $10k−$920.917% of the position
Funding, last 7 days−0.166%−$17 on $10k
+Price spread, last 7 days+0.058%+$6 · spread now +0.023%, 7d avg +0.029%
=The price spread sits at its 7-day average of +0.029%, so right now this pair is about funding alone: +$9 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.166%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.166% in total (about -8.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.85 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit EGLDUSDT | 4.3510 | 0.0100 | pay 0.0100% / 8h | 1h 30m | $2.5M | $7.8M | 75x |
| Short | OKX EGLD-USDT-SWAP | 4.3520 | 0.0385 | get 0.0385% / 8h | 1h 30m | $591K | $4.0M | 20x |
Bybit EGLDUSDT
OKX EGLD-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
- $59.87
- Price spread: +0.023% → +0.029%
- −$0.57
- Slippage, 4 orders
- −$70.69
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$32.39
- Costs to cover
- 0.917%
- Break-even
- 10.8 days
Slippage from Bybit: live order book, 8 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, 8 min ago | 1.16 bp | 18.5 bp −$19 | 72.6 bp −$726 | doesn't fit | doesn't fit |
| Sell OKX live order book, 2 min ago | 3.45 bp | 27.9 bp −$28 | doesn't fit | doesn't fit | doesn't fit |
EGLD on 12 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_EGLDUSD | −0.0168% | 1h | 4.3507 | −0.006% | $439K | $714K | 20x | as long as short |
| Injective EGLD/USDC PERP | +0.0033% | 1h | 3.6600 | −15.881% | $16 | $46K | 5.5x | as long as short |
| Binance EGLDUSDT | +0.0100% | 8h | 4.3522 | +0.029% | $4.5M | $24.1M | 75x | as long as short |
| Bybit EGLDUSDTlong | +0.0100% | 8h | 4.3510 | long leg | $2.5M | $7.8M | 75x | |
| Gate EGLD_USDT | +0.0100% | 8h | 4.3510 | 0.000% | $445K | $613K | 30x | as long as short |
| MEXC EGLD_USDT | +0.0100% | 8h | 4.3500 | −0.023% | $4.0M | $2.9M | 125x | as long as short |
| KuCoin EGLDUSDTM | +0.0100% | 8h | 4.3520 | +0.023% | $2.8M | $1.1M | 50x | as long as short |
| Bitget EGLDUSDT | +0.0100% | 8h | 4.3520 | +0.023% | $2.2M | $3.9M | 75x | as long as short |
| Variational Omni EGLD | +0.0100% | 8h | 4.3447 | −0.144% | $16K | $55K | — | as long as short |
| BloFin EGLD-USDT | +0.0220% | 8h | 4.3370 | −0.322% | $211K | $564K | 75x | as long as short |
Kraken Futures PF_EGLDUSD
Injective EGLD/USDC PERP
Binance EGLDUSDT
Gate EGLD_USDT
MEXC EGLD_USDT
KuCoin EGLDUSDTM
Bitget EGLDUSDT
Variational Omni EGLD
BloFin EGLD-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX EGLD-USDT | +0.0356% | 8h | 4.3500 | −0.023% | — | $2.8M | — | as long as short |
| OKX EGLD-USDT-SWAPshort | +0.0385% | 8h | 4.3520 | +0.023% | $591K | $4.0M | 20x |
BingX EGLD-USDT