Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.037%
Price spread now: OKX against Bybit−0.054%7-day average −0.029% · you buy dearer than you sell
Net, funding: paid 7d − costs−$51as in the Funding arb table
Net, price: spread back to 7d avg − costs−$94as in the Price arb table
costs, in and out, $10k−$910.912% of the position
Funding, last 7 days+0.402%+$40 on $10k
+Price spread, last 7 days+0.244%+$24 · spread now −0.054%, 7d avg −0.029%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.025% cheaper against Bybit than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of −0.029%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit FUSDT | 0.003719 | 0.0100 | pay 0.0050% / 4h | 1h 18m | $2.4M | $2.5M | 25x |
| Short | OKX F-USDT-SWAP | 0.003717 | 0.0100 | get 0.0050% / 4h | 1h 18m | $740K | $2.2M | 20x |
Bybit FUSDT
OKX F-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: −0.054% → −0.029%
- −$2.46
- Slippage, 4 orders
- −$70.2
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$93.66
- Costs to cover
- 0.912%
- 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 | 2.69 bp | 21.9 bp −$22 | 180.8 bp −$1,808 | doesn't fit | doesn't fit |
| Sell OKX live order book, 3 min ago | 1.34 bp | 23.3 bp −$23 | 98.9 bp −$989 | doesn't fit | doesn't fit |
F on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate F_USDT | +0.0064% | 8h | 0.003721 | +0.054% | $179K | $1.4M | 25x | as long as short |
| Aster FUSDT | +0.0100% | 4h | 0.003724 | +0.136% | $15K | $24K | 5x | as long as short |
| Binance FUSDT | +0.0100% | 4h | 0.003722 | +0.081% | $4.0M | $7.4M | 50x | as long as short |
| Bybit FUSDTlong | +0.0100% | 4h | 0.003719 | long leg | $2.4M | $2.5M | 25x | |
| OKX F-USDT-SWAPshort | +0.0100% | 4h | 0.003717 | −0.054% | $740K | $2.2M | 20x | |
| MEXC F_USDT | +0.0100% | 4h | 0.003722 | +0.081% | $637K | $180K | 50x | as long as short |
| KuCoin FUSDTM | +0.0100% | 4h | 0.003722 | +0.081% | $783K | $1.2M | 30x | as long as short |
| Bitget FUSDT | +0.0100% | 4h | 0.003722 | +0.081% | $495K | $978K | 50x | as long as short |
| BingX F-USDT | +0.0100% | 4h | 0.003722 | +0.081% | — | $6.6M | — | as long as short |
| Variational Omni F | +0.0100% | 4h | 0.003722 | +0.082% | $702 | $379 | — | as long as short |
Gate F_USDT
Aster FUSDT
Binance FUSDT
MEXC F_USDT
KuCoin FUSDTM
Bitget FUSDT
BingX F-USDT
Variational Omni F