Funding you earn now, next payment 00:00 UTC−0.0053%/8h= −5.8% APRnext payment −$0.26 per $10,000 · paid last 24h −0.021%
Price spread now: OKX against Bybit−0.039%7-day average +0.017% · you buy dearer than you sell
Net, funding: paid 7d − costs−$124as in the Funding arb table
Net, price: spread back to 7d avg − costs−$139as in the Price arb table
costs, in and out, $10k−$1341.338% of the position
Funding, last 7 days+0.102%+$10 on $10k
+Price spread, last 7 days+0.038%+$4 · spread now −0.039%, 7d avg +0.017%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and OKX is 0.056% cheaper against Bybit than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of +0.017%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.102%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit MUBARAKUSDT | 0.04382 | 0.0153 | pay 0.0076% / 4h | 18m 13s | $3.4M | $10.7M | 25x |
| Short | OKX MUBARAK-USDT-SWAP | 0.04380 | 0.0100 | get 0.0050% / 4h | 18m 13s | $2.6M | $53.1M | 20x |
Bybit MUBARAKUSDT
OKX MUBARAK-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
- −$11.07
- Price spread: −0.039% → +0.017%
- −$5.6
- Slippage, 4 orders
- −$112.79
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$150.45
- Costs to cover
- 1.338%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 5 min ago; OKX: live order book, 6 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, 5 min ago | 3.53 bp | 46.5 bp −$46 | 683.8 bp −$6,838 | doesn't fit | doesn't fit |
| Sell OKX live order book, 6 min ago | 1.48 bp | 19.2 bp −$19 | 113.7 bp −$1,137 | doesn't fit | doesn't fit |
MUBARAK on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance MUBARAKUSDT | +0.0100% | 4h | 0.04381 | −0.017% | $15.9M | $86.5M | 25x | as long as short |
| OKX MUBARAK-USDT-SWAPshort | +0.0100% | 4h | 0.04380 | −0.039% | $2.6M | $53.1M | 20x | |
| MEXC MUBARAK_USDT | +0.0100% | 4h | 0.04379 | −0.073% | $865K | $1.5M | 50x | as long as short |
| Bitget MUBARAKUSDT | +0.0100% | 4h | 0.04371 | −0.256% | $2.7M | $7.1M | 25x | as long as short |
| Variational Omni MUBARAK | +0.0100% | 4h | 0.04366 | −0.363% | $13K | $51K | — | as long as short |
| Bybit MUBARAKUSDTlong | +0.0153% | 4h | 0.04382 | long leg | $3.4M | $10.7M | 25x | |
| Aster MUBARAKUSDT | +0.0179% | 4h | 0.04372 | −0.240% | $20K | $394K | 5x | as long as short |
| BingX MUBARAK-USDT | +0.0208% | 4h | 0.04373 | −0.210% | — | $3.1M | — | as long as short |
| Gate MUBARAK_USDT | +0.0958% | 4h | 0.04364 | −0.415% | $6.9M | $5.4M | 50x | as long as short |
| KuCoin MUBARAKUSDTM | +0.1424% | 4h | 0.04369 | −0.301% | $1.5M | $1.0M | 30x | as long as short |
Binance MUBARAKUSDT
MEXC MUBARAK_USDT
Bitget MUBARAKUSDT
Variational Omni MUBARAK
Aster MUBARAKUSDT
BingX MUBARAK-USDT
Gate MUBARAK_USDT
KuCoin MUBARAKUSDTMShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_MUBARAKUSD | +0.1928% | 1h | 0.04380 | −0.051% | $65K | $418K | 10x | as long as short |
Kraken Futures PF_MUBARAKUSD