Settings8H · net · $10k
Funding arb · Price arb /

NOT

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Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against OKX−0.099%7-day average −0.103% · you buy dearer than you sell
Net, funding: paid 7d − costs−$173as in the Funding arb table
Net, price: spread back to 7d avg − costs−$171as in the Price arb table
costs, in and out, $10k−$1721.716% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.016%−$2 on $10k
Price spread, last 4 days (all we have)+0.035%+$4 · spread now −0.099%, 7d avg −0.103%
Together, before fees+0.020%+$2 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX NOT-USDT-SWAP0.00050500.0100pay 0.0050% / 4h3h 02m$644K$657K20x
ShortBybit NOTUSDT0.00050450.0100get 0.0050% / 4h3h 02m$2.1M$810K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against OKX. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: −0.099% → −0.103%
$0.41
Slippage, 4 orders
−$150.62
Fee OKX: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$171.21
Costs to cover
1.716%
Break-even
never at this rate
Slippage from OKX: live order book, 29 min ago; Bybit: live order book, 4 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy OKX live order book, 29 min ago4.01 bp43.5 bp −$44doesn't fitdoesn't fitdoesn't fit
Sell Bybit live order book, 4 min ago3.96 bp38.1 bp −$38201.0 bp −$2,010doesn't fitdoesn't fit

NOT on 16 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective NOT/USDC PERP+0.0033%1h0.0004874−3.485%$1K$13K5.5xas long as short
Lighter 1000NOT+0.0096%1h0.0005058+0.154%$11K$6K3xas long as short
Hyperliquid NOT+0.0100%1h0.00050500.000%$340K$66K3xas long as short
Aster NOTUSDT+0.0100%4h0.0005050+0.008%$14K$3K5xas long as short
Binance NOTUSDT+0.0100%4h0.0005047−0.059%$2.1M$2.8M50xas long as short
Bybit NOTUSDTshort+0.0100%4h0.0005045−0.099%$2.1M$810K25x
OKX NOT-USDT-SWAPlong+0.0100%4h0.0005050long leg$644K$657K20x
Gate NOT_USDT+0.0100%4h0.00050500.000%$141K$59K50xas long as short
MEXC NOT_USDT+0.0100%4h0.0005047−0.059%$1.4M$464K200xas long as short
KuCoin NOTUSDTM+0.0100%4h0.0005044−0.119%$494K$134K50xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget NOTUSDT+0.0100%4h0.0005054+0.079%$679K$480K50xas long as short
BingX NOT-USDC+0.0100%4h0.0005048−0.040%$734Kas long as short
Variational Omni NOT+0.0100%4h0.0005044−0.115%$72K$38Kas long as short
Extended kNOT-USD+0.0104%1h0.0005046−0.087%$4K5xas long as short
BloFin NOT-USDT+0.0130%4h0.0005056+0.119%$108K$18K50xas long as short
Kraken Futures PF_NOTUSD+0.1148%1h0.0005051+0.023%$49K$5K10xas long as short