Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.158%
Price spread now: Bybit against OKX+0.014%7-day average −0.134% · you sell dearer than you buy
Net, funding: paid 7d − costs−$543as in the Funding arb table
Net, price: spread back to 7d avg − costs−$520as in the Price arb table
costs, in and out, $10k−$5355.346% of the position
Funding, last 7 days−0.082%−$8 on $10k
+Price spread, last 4 days (all we have)+0.113%+$11 · spread now +0.014%, 7d avg −0.134%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.147% dearer against OKX than usual: you sell high and buy low, +$15 on $10k if it goes back to its 7-day average of −0.134%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX ON-USDT-SWAP | 72.660 | 0 | get 0.0000% / 8h | 6h 18m | $283K | $362K | 10x |
| Short | Bybit ONUSDT | 72.670 | 0 | get 0.0000% / 8h | 6h 18m | $139K | $223K | 50x |
OKX ON-USDT-SWAP
Bybit ONUSDTFunding 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: +0.014% → −0.134%
- $14.73
- Slippage, 4 orders
- −$513.65
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$519.92
- Costs to cover
- 5.346%
- Break-even
- never at this rate
Slippage from OKX: live order book, 47 min ago; Bybit: live order book, 41 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, 47 min ago | 21.23 bp | 139.6 bp −$140 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 41 min ago | 10.29 bp | 102.8 bp −$103 | 240.1 bp −$2,401 | doesn't fit | doesn't fit |
ON on 3 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit ONUSDTshort | 0.0000% | 8h | 72.670 | +0.014% | $139K | $223K | 50x | |
| OKX ON-USDT-SWAPlong | 0.0000% | 8h | 72.660 | long leg | $283K | $362K | 10x | |
| Extended ON_24_5-USD | +0.0040% | 1h | 72.540 | −0.165% | $2K | — | 10x | as long as short |
Extended ON_24_5-USD