Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.001%
Price spread now: OKX against Bybit−0.063%7-day average +0.005% · you buy dearer than you sell
Net, funding: paid 7d − costs−$32as in the Funding arb table
Net, price: spread back to 7d avg − costs−$44as in the Price arb table
costs, in and out, $10k−$370.371% of the position
Funding, last 7 days+0.051%+$5 on $10k
+Price spread, last 7 days+0.029%+$3 · spread now −0.063%, 7d avg +0.005%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.068% cheaper against Bybit than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of +0.005%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit TQQQUSDT | 79.690 | 0 | get 0.0000% / 8h | 4h 09m | $3.0M | $6.5M | 25x |
| Short | OKX TQQQ-USDT-SWAP | 79.640 | 0 | get 0.0000% / 8h | 4h 09m | $2.5M | $5.3M | 10x |
Bybit TQQQUSDT
OKX TQQQ-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: −0.063% → +0.005%
- −$6.78
- Slippage, 4 orders
- −$16.1
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$43.89
- Costs to cover
- 0.371%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 4 min ago; OKX: live order book, 3 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 | 1.25 bp | 11.1 bp −$11 | 40.6 bp −$406 | doesn't fit | doesn't fit |
| Sell OKX live order book, 3 min ago | 0.63 bp | 9.2 bp −$9 | 33.6 bp −$336 | doesn't fit | doesn't fit |
TQQQ on 11 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 TQQQUSDT | 0.0000% | 8h | 79.548 | −0.178% | $70K | $145K | 20x | as long as short |
| Binance TQQQUSDT | 0.0000% | 8h | 79.650 | −0.050% | $18.4M | $47.8M | 20x | as long as short |
| Bybit TQQQUSDTlong | 0.0000% | 8h | 79.690 | long leg | $3.0M | $6.5M | 25x | |
| OKX TQQQ-USDT-SWAPshort | 0.0000% | 8h | 79.640 | −0.063% | $2.5M | $5.3M | 10x | |
| MEXC TQQQ_USDT | 0.0000% | 8h | 79.650 | −0.050% | $1.5M | $226K | 20x | as long as short |
| Bitget TQQQUSDT | 0.0000% | 8h | 79.680 | −0.013% | $7.6M | $2.9M | 20x | as long as short |
| GRVT TQQQ_USDT_Perp | 0.0000% | 8h | 79.647 | −0.054% | $2K | $99K | 10x | as long as short |
| HTX TQQQ-USDT | 0.0000% | 8h | 79.700 | +0.013% | $14K | $10K | 10x | as long as short |
| BloFin TQQQ-USDT | +0.0018% | 8h | 79.620 | −0.088% | $164K | $30K | 20x | as long as short |
| KuCoin TQQQUSDTM | +0.0036% | 8h | 79.600 | −0.113% | $181K | $664K | 10x | as long as short |
Aster TQQQUSDT
Binance TQQQUSDT
MEXC TQQQ_USDT
Bitget TQQQUSDT
GRVT TQQQ_USDT_Perp
HTX TQQQ-USDT
BloFin TQQQ-USDT
KuCoin TQQQUSDTMShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_TQQQ_USDC_mythos | +0.0100% | 8h | 79.620 | −0.088% | $5 | — | 10x | as long as short |
Orderly PERP_TQQQ_USDC_mythos