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

TEAM

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against OKX−0.015%7-day average +0.041% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$431as in the Price arb table
costs, in and out, $10k−$4254.250% of the position
What this pair did over the last
the charts below follow
Funding, last 22 hours (all we have)0.000%$0 on $10k
Price spread, last 18 hours (all we have)+0.295%+$29 · spread now −0.015%, 7d avg +0.041%
Together, before fees+0.295%+$29 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 0.057% cheaper against OKX than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of +0.041%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX TEAM-USDT-SWAP195.480get 0.0000% / 8h1h 48m$24K$401K20x
ShortBybit TEAMUSDT195.450get 0.0000% / 8h1h 48m$45K$182K25x

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: −0.015% → +0.041%
−$5.68
Slippage, 4 orders
−$404.02
Fee OKX: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$430.7
Costs to cover
4.250%
Break-even
never at this rate
Slippage from OKX: live order book, 32 min ago; Bybit: live order book, 25 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, 32 min ago9.96 bp121.2 bp −$121doesn't fitdoesn't fitdoesn't fit
Sell Bybit live order book, 25 min ago8.47 bp58.5 bp −$58doesn't fitdoesn't fitdoesn't fit

TEAM on 9 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
Binance TEAMUSDT0.0000%8h195.53+0.023%$74K$481K20xas long as short
Bybit TEAMUSDTshort0.0000%8h195.45−0.015%$45K$182K25x
OKX TEAM-USDT-SWAPlong0.0000%8h195.48long leg$24K$401K20x
Gate TEAM_USDT0.0000%8h195.44−0.020%$16K$4K20xas long as short
Bitget TEAMUSDT0.0000%8h195.50+0.010%$54K$171K20xas long as short
SunX TEAM-USDT0.0000%8h195.59+0.056%$790K10xas long as short
HTX TEAM-USDT0.0000%8h195.53+0.026%$6K$330K20xas long as short
BloFin TEAM-USDT+0.0019%8h195.23−0.128%$13K$8K20xas long as short
Extended TEAM-USD+0.0040%1h195.36−0.059%5xas long as short