Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.025%
Price spread now: OKX against Bybit−0.082%7-day average −0.064% · you buy dearer than you sell
Net, funding: paid 7d − costs−$128as in the Funding arb table
Net, price: spread back to 7d avg − costs−$120as in the Price arb table
costs, in and out, $10k−$1181.183% of the position
Funding, last 7 days−0.098%−$10 on $10k
+Price spread, last 7 days−0.025%−$2 · spread now −0.082%, 7d avg −0.064%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit OKBUSDT | 122.42 | 0.0100 | pay 0.0050% / 4h | 18m 15s | $2.6M | $972K | 25x |
| Short | OKX OKB-USDT-SWAP | 122.32 | 0.0100 | get 0.0050% / 4h | 18m 15s | $29.6M | $41.6M | 20x |
Bybit OKBUSDT
OKX OKB-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: −0.082% → −0.064%
- −$1.74
- Slippage, 4 orders
- −$97.32
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$120.05
- Costs to cover
- 1.183%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 4 min ago; OKX: live order book, 5 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 | 3.27 bp | 46.0 bp −$46 | 705.6 bp −$7,056 | doesn't fit | doesn't fit |
| Sell OKX live order book, 5 min ago | 0.41 bp | 14.7 bp −$15 | 48.2 bp −$482 | doesn't fit | doesn't fit |
OKB 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster OKBUSDT | −0.9908% | 1h | 121.04 | −1.129% | $40K | $12K | 5x | as long as short |
| Injective OKB/USDC PERP | +0.0033% | 1h | 123.18 | +0.621% | $25 | $307K | 5.5x | as long as short |
| BingX OKB-USDT | +0.0036% | 4h | 122.40 | −0.016% | — | $2.8M | — | as long as short |
| Bybit OKBUSDTlong | +0.0100% | 4h | 122.42 | long leg | $2.6M | $972K | 25x | |
| OKX OKB-USDT-SWAPshort | +0.0100% | 4h | 122.32 | −0.082% | $29.6M | $41.6M | 20x | |
| Gate OKB_USDT | +0.0100% | 8h | 122.32 | −0.082% | $1.5M | $618K | 25x | as long as short |
| MEXC OKB_USDT | +0.0100% | 4h | 122.37 | −0.041% | $1.2M | $467K | 25x | as long as short |
| Variational Omni OKB | +0.0100% | 4h | 122.26 | −0.128% | $60K | $33K | — | as long as short |
| HTX OKB-USDT | +0.0100% | 8h | 122.73 | +0.253% | $66K | $280K | 10x | as long as short |
| GMX OKB/USD [ETH-USDC] | L +0.0269% / S −0.0266% | 1h | 122.36 | −0.050% | $3K | — | 100x | as long as short |
Aster OKBUSDT
Injective OKB/USDC PERP
BingX OKB-USDT
Gate OKB_USDT
MEXC OKB_USDT
Variational Omni OKB
HTX OKB-USDT
GMX OKB/USD [ETH-USDC]