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: Bybit against OKX+0.024%7-day average +0.066% · you sell dearer than you buy
Net, funding: paid 7d − costs−$157as in the Funding arb table
Net, price: spread back to 7d avg − costs−$171as in the Price arb table
costs, in and out, $10k−$1671.670% of the position
Funding, last 7 days+0.098%+$10 on $10k
+Price spread, last 7 days+0.104%+$10 · spread now +0.024%, 7d avg +0.066%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.041% cheaper against OKX than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.066%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX OKB-USDT-SWAP | 123.29 | 0.0100 | pay 0.0050% / 4h | 2h 05m | $30.0M | $40.0M | 20x |
| Short | Bybit OKBUSDT | 123.32 | 0.0100 | get 0.0050% / 4h | 2h 05m | $2.6M | $970K | 25x |
OKX OKB-USDT-SWAP
Bybit OKBUSDTFunding 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 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: +0.024% → +0.066%
- −$4.13
- Slippage, 4 orders
- −$146
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$171.13
- Costs to cover
- 1.670%
- Break-even
- never at this rate
Slippage from OKX: live order book, 3 min ago; Bybit: live order book, 1 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 OKX live order book, 3 min ago | 1.22 bp | 12.3 bp −$12 | 34.7 bp −$347 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 1 min ago | 4.46 bp | 72.2 bp −$72 | doesn't fit | 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 | −0.4022% | 1h | 122.17 | −0.908% | $40K | $13K | 5x | as long as short |
| BingX OKB-USDT | +0.0036% | 4h | 123.36 | +0.057% | — | $2.8M | — | as long as short |
| Injective OKB/USDC PERP | +0.0045% | 1h | 123.47 | +0.146% | $25 | $264K | 5.5x | as long as short |
| Bybit OKBUSDTshort | +0.0100% | 4h | 123.32 | +0.024% | $2.6M | $970K | 25x | |
| OKX OKB-USDT-SWAPlong | +0.0100% | 4h | 123.29 | long leg | $30.0M | $40.0M | 20x | |
| Gate OKB_USDT | +0.0100% | 8h | 123.29 | 0.000% | $1.5M | $623K | 25x | as long as short |
| MEXC OKB_USDT | +0.0100% | 4h | 123.34 | +0.041% | $1.2M | $464K | 25x | as long as short |
| Variational Omni OKB | +0.0100% | 4h | 123.38 | +0.075% | $61K | $38K | — | as long as short |
| HTX OKB-USDT | +0.0100% | 8h | 123.65 | +0.292% | $67K | $272K | 10x | as long as short |
| GMX OKB/USD [ETH-USDC] | L +0.0269% / S −0.0266% | 1h | 123.30 | +0.011% | $3K | — | 100x | as long as short |
Aster OKBUSDT
BingX OKB-USDT
Injective OKB/USDC PERP
Gate OKB_USDT
MEXC OKB_USDT
Variational Omni OKB
HTX OKB-USDT
GMX OKB/USD [ETH-USDC]