Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.5874 | spot | no funding | — | — | $1.7M | 1x | Buy OKX Spot | |
| SHORT | 0.5866 | −0.0074 | pay 0.0074% / 8h | 7h 48m | $4.1M | $7.3M | 50x | Short OKX |
Price gap−0.128%
Funding gap−0.0074% /8h
Both sides work against this pair now: funding costs $2 a day on $10k and the gap is 0.034% 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 forecastFunding−$3−0.0074% /8h now · paid −0.028% over the last 7D
Price−$3spread −0.128% now, avg −0.093% → −0.034% if it goes back
Costs−$700.698% of $10k · taker + slippage, in and out
Result−$76−0.76%no points
Price and funding
1h · historyPrice spread
Prices
Fundingper 8h
PRICE SPREAD · 7D
Now−0.128%
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
/8hAPT on 30 exchanges
lowest funding firstBefore you open
1 ok · 3 to watch- Watch: Thin at this size24.2 / 11.1 bpAt $10k entering OKX Spot costs 24.2 bp, fee and slippage, 2.2× OKX’s.
- Note: Spot in full, margin on the short$10,000 + $200The spot leg is bought with the whole $10k; OKX runs at up to 50x. 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: −$2.23Long OKX Spot: 0 payments, $0.00; short OKX: 3 payments, −$2.23.
- Watch: Gap narrower than usual−0.128% vs −0.093%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Note: Spot has no open interest$4.1M 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−0.0013%/8h × 21 periods−$2.80
Price spread−0.128% → −0.093% (7d avg)−$3.43
Slippage, 4 orderslive order books−$39.77
Fee OKX Spot bp × 2 orders−$20.00
Fee OKX bp × 2 orders−$10.00
Net · 7 days · $10k−$75.99
Costs to cover0.698%Break-evennever at this rate
Slippage: OKX Spot: live order book, 13 min ago; OKX: live order book, 2 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGOKX Spot1.7224.2 bp−$24doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTOKX0.8511.1 bp−$1145.2 bp−$452doesn’t fitdoesn’t fit
Closing costs about the same again.
