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

EWT

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.010%
Price spread now: Bybit against OKX−0.121%7-day average −0.035% · you buy dearer than you sell
Net, funding: paid 7d − costs−$234as in the Funding arb table
Net, price: spread back to 7d avg − costs−$242as in the Price arb table
costs, in and out, $10k−$2342.336% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.002%$0 on $10k
Price spread, last 4 days (all we have)+0.100%+$10 · spread now −0.121%, 7d avg −0.035%
Together, before fees+0.098%+$10 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.085% cheaper against OKX than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of −0.035%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX EWT-USDT-SWAP116.130get 0.0000% / 8h6h 15m$176K$163K20x
ShortBybit EWTUSDT115.990get 0.0000% / 8h6h 15m$222K$140K25x

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: −0.121% → −0.035%
−$8.53
Slippage, 4 orders
−$212.61
Fee OKX: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$242.14
Costs to cover
2.336%
Break-even
never at this rate
Slippage from OKX: live order book, 49 min ago; Bybit: live order book, 34 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, 49 min ago3.44 bp72.8 bp −$73doesn't fitdoesn't fitdoesn't fit
Sell Bybit live order book, 34 min ago3.88 bp39.4 bp −$39130.0 bp −$1,300doesn't fitdoesn't fit

EWT on 12 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
Aster EWTUSDT0.0000%8h115.98−0.127%$3K$7620xas long as short
Bybit EWTUSDTshort0.0000%8h115.99−0.121%$222K$140K25x
OKX EWT-USDT-SWAPlong0.0000%8h116.13long leg$176K$163K20x
Gate EWT_USDT0.0000%8h115.98−0.129%$44K$4K25xas long as short
Bitget EWTUSDT0.0000%8h116.02−0.095%$1.3M$461K20xas long as short
Variational Omni EWT0.0000%8h115.93−0.173%$55K$12Kas long as short
GRVT EWT_USDT_Perp0.0000%8h115.98−0.129%$3K$191K10xas long as short
SunX EWT-USDT0.0000%8h115.94−0.164%$910$352K10xas long as short
HTX EWT-USDT0.0000%8h115.80−0.284%$16K$8K10xas long as short
tradeXYZ xyz:EWT+0.0050%1h115.99−0.121%$684K$179K20xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance EWTUSDT+0.0121%8h115.98−0.129%$472K$826K20xas long as short
MEXC EWT_USDT+0.0123%8h116.01−0.103%$2.4M$94K50xas long as short