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

CAP

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0690%/8h= −75.5% APRnext payment $3.45 per $10,000 · paid last 24h −0.130%
Price spread now: OKX against Orderly+0.092%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. OKX is 0.092% dearer against Orderly than usual: you sell high and buy low (spread +0.092% now, against zero (this spread has no 7-day history yet)): +$9 on $10k if it goes back. Holding the pair costs −$21 a day in funding at the current rate, which eats that in about 11 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_CAP_USDC_mythos0.045870.0100pay 0.0050% / 4h2h 30m$5K$58210x
ShortOKX CAP-USDT-SWAP0.04591−0.0590pay 0.0295% / 4h2h 30m$2.2M$7.0M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX against Orderly. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$144.85
Price spread: +0.092% → 0.000%
$9.16
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee OKX: 5 bp × 2 orders
−$10
Net
−$151.7
Costs to cover
0.160%
Break-even
never at this rate
Slippage unknown: Orderly: no order-book sample; OKX: live order book, 2 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Orderly no order-book sample
Sell OKX live order book, 2 min ago2.18 bp18.1 bp −$18109.7 bp −$1,097doesn't fitdoesn't fit
Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

CAP on 13 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin CAPUSDTM−0.0896%4h0.04582−0.105%$4.4M$1.4M10xas long as short
OKX CAP-USDT-SWAPshort−0.0590%4h0.04591+0.092%$2.2M$7.0M10x
Bybit CAPUSDT−0.0160%4h0.04589+0.048%$4.5M$4.1M10xas long as short
Bitget CAPUSDT−0.0110%4h0.04588+0.026%$1.0M$584K10xas long as short
Variational Omni CAP−0.0049%4h0.04586−0.022%$8K$8Kas long as short
gTrade (Gains Network) CAP/USDL 0.0000% / S 0.0000%1h0.04589+0.052%150xas long as short
Lighter CAP+0.0096%1h0.04587−0.002%$19K$2K3xas long as short
Aster CAPUSDT+0.0100%4h0.04588+0.021%$26K$66K5xas long as short
Binance CAPUSDT+0.0100%4h0.04590+0.065%$8.9M$8.8M10xas long as short
Gate CAP_USDT+0.0100%4h0.04589+0.048%$326K$1.2M20xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC CAP_USDT+0.0100%4h0.04589+0.048%$559K$234K20xas long as short
BingX CAP-USDT+0.0100%4h0.04592+0.113%$1.6Mas long as short
Orderly PERP_CAP_USDC_mythoslong+0.0100%4h0.04587long leg$5K$58210x