Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.1078 | spot | no funding | — | — | $890K | 1x | Buy OKX Spot | |
| SHORT | 0.1079 | +0.0080 | get 0.0080% / 8h | 7h 43m | $887K | $2.8M | 20x | Short OKX |
Price gap+0.135%
Funding gap+0.0080% /8h
Both sides work: funding pays +$2 a day on $10k, and the gap is 0.253% above its 7d average: +$25 more if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$6+0.0080% /8h now · paid −0.058% over the last 7D
Price+$25spread +0.135% now, avg −0.118% → +0.253% if it goes back
Costs−$1491.492% of $10k · taker + slippage, in and out
Result−$130−1.30%no points
Price and funding
1h · historyPrice spread
Prices
Fundingper 8h
PRICE SPREAD · 7D
Now+0.135%
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
/8hAPE on 16 exchanges
lowest funding firstBefore you open
2 ok · 3 to watch- Watch: Thin at this size41.4 / 32.1 bpAt $10k entering OKX Spot costs 41.4 bp, fee and slippage, 1.3× 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— / 8hThe spot leg pays no funding; OKX settles every 8h.Next 24h at the current rates, on $10k a leg: +$2.41Long OKX Spot: 0 payments, $0.00; short OKX: 3 payments, +$2.41.
- OK: Entry gap works for you+0.135% vs −0.118%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short leg is thin$887K OIOKX sets your exit cost. Check its book before closing.
- 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−0.0027%/8h × 21 periods−$5.77
Price spread+0.135% → −0.118% (7d avg)+$25.30
Slippage, 4 orderslive order books−$119.24
Fee OKX Spot bp × 2 orders−$20.00
Fee OKX bp × 2 orders−$10.00
Net · 7 days · $10k−$129.71
Costs to cover1.492%Break-evennever at this rate
Slippage: OKX Spot: live order book, 17 min ago; OKX: live order book, 2 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGOKX Spot4.7141.4 bp−$41doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTOKX0.4632.1 bp−$32doesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.