Settings8H · net · $10k
My profile
Funding arb · Price arb / Crypto

ACT

All ACT markets →
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG
OKX SpotACT-USDT
0.009003spotno funding——$405K1xBuy OKX Spot
SHORT
OKXACT-USDT-SWAP
0.008995−0.0094pay 0.0047% / 4h2h 00m$735K$2.5M10xShort OKX
Price gap−0.089%
Funding gap−0.0094% /8h

Both sides work against this pair now: funding costs $3 a day on $10k and the gap is 0.029% under its 7d average. Spot cannot be shorted here, so there is no reverse.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding−$8−0.0094% /8h now · paid −0.079% over the last 7D
Price−$3spread −0.089% now, avg −0.060% → −0.029% if it goes back
Costs−$3333.334% of $10k · taker + slippage, in and out
Result−$344−3.44%no points

Price and funding

1h · history
PRICE SPREAD · 7D
Now−0.089%
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

ACT on 8 exchanges

lowest funding first

Before you open

1 ok · 4 to watch
  • Watch: Thin at this size127.3 / 53.7 bp
    At $10k entering OKX Spot costs 127.3 bp, fee and slippage, 2.4× OKX’s.
  • Note: Spot in full, margin on the short$10,000 + $1,000
    The spot leg is bought with the whole $10k; OKX runs at up to 10x. Only the short can be liquidated, when the price rises, while the spot leg's gain is not yet realised: keep about 2× the margin on OKX.
  • OK: Only the short pays funding— / 4h
    The spot leg pays no funding; OKX settles every 4h.
    Next 24h at the current rates, on $10k a leg: −$2.81Long OKX Spot: 0 payments, $0.00; short OKX: 6 payments, −$2.81.
  • Watch: Gap narrower than usual−0.089% vs −0.060%
    Less room for the price leg to pay you. If it goes back to average, the short loses.
  • Watch: Short leg is thin$735K OI
    OKX sets your exit cost. Check its book before closing.
  • Note: No points program—
    Neither exchange runs points right now.
  • Watch: KYCOKX Spot Yes · OKX Yes
    Advanced verification before trading, deposits or withdrawals.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned−0.0037%/8h × 21 periods−$7.86
Price spread−0.089% → −0.060% (7d avg)−$2.92
Slippage, 4 orderslive order books−$303.40
Fee OKX Spot bp × 2 orders−$20.00
Fee OKX bp × 2 orders−$10.00
Net · 7 days · $10k−$344.18
Costs to cover3.334%Break-evennever at this rate
Slippage: OKX Spot: live order book, 44 min ago; OKX: live order book, 4 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGOKX Spot8.93127.3 bp−$127doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTOKX2.7653.7 bp−$54doesn’t fitdoesn’t fitdoesn’t fit

Closing costs about the same again.

Alert