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

API3

All API3 markets →
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG
OKX SpotAPI3-USDT
0.2262spotno funding——$190K1xBuy OKX Spot
SHORT
OKXAPI3-USDT-SWAP
0.2259+0.0006get 0.0003% / 4h2h 03m$446K$792K10xShort OKX
Price gap−0.133%
Funding gap+0.0006% /8h

Funding is ≈ 0 and the gap is at its 7d average: nothing to capture right now.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding+$16+0.0006% /8h now · paid +0.160% over the last 7D
Price−$2spread −0.133% now, avg −0.114% → −0.019% if it goes back
Costs−$1791.790% of $10k · taker + slippage, in and out
Result−$165−1.65%no points

Price and funding

1h · history
PRICE SPREAD · 7D
Now−0.133%
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

API3 on 12 exchanges

lowest funding first

Before you open

1 ok · 3 to watch
  • Watch: Thin at this size63.0 / 33.0 bp
    At $10k entering OKX Spot costs 63.0 bp, fee and slippage, 1.9× 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: +$0.17Long OKX Spot: 0 payments, $0.00; short OKX: 6 payments, +$0.17.
  • Note: Gap at its usual level−0.133% vs −0.114%
    The price leg adds little either way.
  • Watch: Short leg is thin$446K 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+0.0076%/8h × 21 periods+$15.96
Price spread−0.133% → −0.114% (7d avg)−$1.89
Slippage, 4 orderslive order books−$149.04
Fee OKX Spot bp × 2 orders−$20.00
Fee OKX bp × 2 orders−$10.00
Net · 7 days · $10k−$164.97
Costs to cover1.790%Break-even79.4 days
Slippage: OKX Spot: live order book, 56 min ago; OKX: live order book, 50 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGOKX Spot4.4163.0 bp−$63doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTOKX2.2233.0 bp−$33doesn’t fitdoesn’t fitdoesn’t fit

Closing costs about the same again.

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