Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.1463 | spot | no funding | — | — | $552K | 1x | Buy OKX Spot | |
| SHORT | 0.1461 | +0.0050 | get 0.0025% / 4h | 3h 43m | $1.5M | $5.0M | 20x | Short OKX |
Price gap−0.113%
Funding gap+0.0050% /8h
Funding pays +$2 a day on $10k, but the gap is 0.090% under its 7d average: −$9 if it goes back, about 6.0 days of funding.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$16+0.0050% /8h now · paid +0.156% over the last 7D
Price−$9spread −0.113% now, avg −0.023% → −0.090% if it goes back
Costs−$1,80218.021% of $10k · taker + slippage, in and out
Result−$1,796−17.96%no points
Price and funding
1h · historyPrice spread
Prices
Fundingper 8h
PRICE SPREAD · 7D
Now−0.113%
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
/8hALLO on 12 exchanges
lowest funding firstBefore you open
1 ok · 3 to watch- Watch: Thin at this size520.1 / 15.3 bpAt $10k entering OKX Spot costs 520.1 bp, fee and slippage, 34.0× OKX’s.
- Note: Spot in full, margin on the short$10,000 + $500The spot leg is bought with the whole $10k; OKX runs at up to 20x. 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— / 4hThe spot leg pays no funding; OKX settles every 4h.Next 24h at the current rates, on $10k a leg: +$1.51Long OKX Spot: 0 payments, $0.00; short OKX: 6 payments, +$1.51.
- Watch: Gap narrower than usual−0.113% vs −0.023%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Note: Spot has no open interest$1.5M OIOnly OKX reports one; the spot book's depth is in the cost check above.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCOKX Spot Yes · OKX YesAdvanced verification before trading, deposits or withdrawals.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0074%/8h × 21 periods+$15.59
Price spread−0.113% → −0.023% (7d avg)−$9.03
Slippage, 4 orderslive order books−$1,772.14
Fee OKX Spot bp × 2 orders−$20.00
Fee OKX bp × 2 orders−$10.00
Net · 7 days · $10k−$1,795.58
Costs to cover18.021%Break-even813.2 days
Slippage: OKX Spot: live order book, 16 min ago; OKX: live order book, 2 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGOKX Spot10.24520.1 bp−$520doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTOKX1.3715.3 bp−$15227.9 bp−$2,279doesn’t fitdoesn’t fit
Closing costs about the same again.
