Settings8H · net · $10k
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LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG0.004365+0.0100pay 0.0100% / 8h7h 58m$965K$1.2M50xLong Binance
SHORT0.004365+0.0008get 0.0004% / 4h3h 58m$202K$231K10xShort OKX
Price gap0.000%
Funding gap−0.0092% /8h

Funding costs $3 a day on $10k at the current rate. Swap the legs.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding−$12−0.0092% /8h now · paid −0.125% over the last 7D
Price$0spread 0.000% now, avg −0.003% → +0.003% if it goes back
Costs−$940.941% of $10k · taker + slippage, in and out
Result−$106−1.06%no points

Price and funding

1h · history
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now0.000%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

ACH on 10 exchanges

lowest funding first

Before you open

0 ok · 4 to watch
  • Watch: Thin at this size25.5 / 25.6 bp
    At $10k entering OKX costs 25.6 bp, fee and slippage, 1.0× Binance’s.
  • Note: Margin at max leverage$200 + $1,000
    Binance 50x, OKX 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • Watch: Payment intervals differ8h / 4h
    Payments land at different times. Close right after the slower leg pays.
    Next 24h at the current rates, on $10k a leg: −$2.75Long Binance: 3 payments, −$3.00; short OKX: 6 payments, +$0.25.
  • Note: Gap at its usual level0.000% vs −0.003%
    The price leg adds little either way.
  • Watch: Short leg is thinner$202K vs $965K OI
    OKX sets your exit cost. Check its book before closing.
  • Note: No points program—
    Neither exchange runs points right now.
  • Watch: KYCBinance Yes · OKX Yes
    Verified KYC to deposit or trade; futures accounts under 30 days old are capped at 20x.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned−0.0059%/8h × 21 periods−$12.46
Price spread0.000% → −0.003% (7d avg)+$0.33
Slippage, 4 orderslive order books−$74.10
Fee Binance bp × 2 orders−$10.00
Fee OKX bp × 2 orders−$10.00
Net · 7 days · $10k−$106.23
Costs to cover0.941%Break-evennever at this rate
Slippage: Binance: live order book, 10 min ago; OKX: live order book, 42 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGBinance1.1425.5 bp−$25142.0 bp−$1,420doesn’t fitdoesn’t fit
SELL · SHORTOKX3.4625.6 bp−$26doesn’t fitdoesn’t fitdoesn’t fit

Closing costs about the same again.

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