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

CORE

All CORE markets →
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG
OKX SpotCORE-USDT
0.01280spotno funding——$1.1M1xBuy OKX Spot
SHORT
OKXCORE-USDT-SWAP
0.01273+0.0100get 0.0100% / 8h6h 00m$1.1M$3.4M20xShort OKX
Price gap−0.547%
Funding gap+0.0100% /8h

Funding pays +$3 a day on $10k, but the gap is 0.384% under its 7d average: −$38 if it goes back, about 13 days of funding.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding+$17+0.0100% /8h now · paid +0.170% over the last 7D
Price−$38spread −0.547% now, avg −0.163% → −0.384% if it goes back
Costs−$2192.190% of $10k · taker + slippage, in and out
Result−$240−2.40%no points

Price and funding

1h · history
PRICE SPREAD · 7D
Now−0.547%
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

CORE on 6 exchanges

lowest funding first

Before you open

1 ok · 3 to watch
  • Watch: Thin at this size74.9 / 41.9 bp
    At $10k entering OKX Spot costs 74.9 bp, fee and slippage, 1.8× OKX’s.
  • Note: Spot in full, margin on the short$10,000 + $500
    The 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— / 8h
    The 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−0.547% vs −0.163%
    Less room for the price leg to pay you. If it goes back to average, the short loses.
  • Note: Spot has no open interest$1.1M OI
    Only 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 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+0.0081%/8h × 21 periods+$17.04
Price spread−0.547% → −0.163% (7d avg)−$38.42
Slippage, 4 orderslive order books−$189.04
Fee OKX Spot bp × 2 orders−$20.00
Fee OKX bp × 2 orders−$10.00
Net · 7 days · $10k−$240.42
Costs to cover2.190%Break-even105.7 days
Slippage: OKX Spot: live order book, 15 min ago; OKX: live order book, 5 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGOKX Spot11.6674.9 bp−$75doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTOKX3.9141.9 bp−$42454.1 bp−$4,541doesn’t fitdoesn’t fit

Closing costs about the same again.

Alert