Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 75,764.8 | spot | no funding | — | — | $999.7M | 1x | Buy OKX Spot | |
| SHORT | 75,650.8 | +0.0100 | get 0.0100% / 8h | 7h 51m | $2.53B | $9.80B | 100x | Short OKX |
Price gap−0.150%
Funding gap+0.0100% /8h
Funding pays +$3 a day on $10k, but the gap is 0.118% under its 7d average: −$12 if it goes back, about 3.9 days of funding.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$20+0.0100% /8h now · paid +0.197% over the last 7D
Price−$12spread −0.150% now, avg −0.033% → −0.118% if it goes back
Costs−$300.304% of $10k · taker + slippage, in and out
Result−$23−0.23%no points
Price and funding
1h · historyPrice spread
Prices
Fundingper 8h
PRICE SPREAD · 7D
Now−0.150%
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
/8hBTC on 55 exchanges
lowest funding firstBefore you open
2 ok · 2 to watch- OK: Fits both order books10.0 / 5.0 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- Note: Spot in full, margin on the short$10,000 + $100The spot leg is bought with the whole $10k; OKX runs at up to 100x. 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: +$3.00Long OKX Spot: 0 payments, $0.00; short OKX: 3 payments, +$3.00.
- Watch: Gap narrower than usual−0.150% vs −0.033%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Note: Spot has no open interest$2.53B 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+0.0094%/8h × 21 periods+$19.67
Price spread−0.150% → −0.033% (7d avg)−$11.77
Slippage, 4 orderslive order books−$0.40
Fee OKX Spot bp × 2 orders−$20.00
Fee OKX bp × 2 orders−$10.00
Net · 7 days · $10k−$22.50
Costs to cover0.304%Break-even15.0 days
Slippage: OKX Spot: live order book, 11 min ago; OKX: live order book, 6 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGOKX Spot0.0110.0 bp−$1010.0 bp−$10011.5 bp−$1,15120.7 bp−$10.3K
SELL · SHORTOKX0.015.0 bp−$55.0 bp−$505.5 bp−$5507.9 bp−$3,964
Closing costs about the same again.
BTC news
posts that mention BTC, from every exchange| 11-05 15:14 | Injective | Other | @Nasdaq @BitGo 4/ $INJ now joins $BTC, $ETH and $SOL among the few major crypto assets with a dedicated U.S. ETF. A major step in bringing Injective to traditional capital markets. @injective on X ↗ |
| 11-05 15:09 | RISEx | Other | Since August, trading on RISEx has become much cheaper with far less slippage; the pool is being adjusted to support these improvements. $100K orders are cheaper across $BTC, $ETH, $XAU, $SPY and $QQQ. Index ETFs improved most, about 85% cheaper, with gold about 65%. $200K $SPY and $QQQ orders couldn’t reliably fill within 20 bps in August. By October, they were closer to 2 bps. Your size continues to add depth to the book, and every large order brings in more liquidity and raises the bar for what RISEx has to deliver. RISEx is still the only venue that pays slippage back. Keep sizing up. @risextrade on X ↗ |
| 11-05 13:48 | Pacifica | Other | How does BTC’s performance compare to ETH and SOL? With Neptune, you’ll be able to turn that question into a dashboard, showing how each asset performed, how far it fell from its highs, and how closely their prices moved together. Choose the assets and timeframe in plain language, and explore the results within your workspace. @pacifica_fi on X ↗ |
| 11-05 12:17 | Phemex | Other | ethereum:native +7.4%. $BTC +4.8%. When risk is back on, which one do you reach for first? 👉 ethereum:native/USDT: @Phemex_official on X ↗ |
| 11-05 12:16 | Phemex | Other | BTC ETFs just flipped: ~$276M net inflow in one day. Real demand or short covering? 🏦 / 🔄 👉 ethereum:native/USDT: @Phemex_official on X ↗ |
| 11-05 09:55 | Phemex | Other | $BTC dipped to ~$75.6K overnight. Reclaimed $80K the same day. Caught the dip 🟢 or bought the reclaim 🔴? 👉 @Phemex_official on X ↗ |

Injective
RISEx
Pacifica
Phemex