Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.9067 | spot | no funding | — | — | $3.0M | 1x | Buy OKX Spot | |
| SHORT | 0.9061 | −0.0172 | pay 0.0172% / 8h | 7h 48m | $7.8M | $17.1M | 50x | Short OKX |
Price gap−0.072%
Funding gap−0.0172% /8h
Funding costs $5 a day on $10k at the current rate: the perp's short pays now. A spot + perp pair earns only while the short is paid.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$2−0.0172% /8h now · paid −0.018% over the last 7D
Price+$1spread −0.072% now, avg −0.084% → +0.012% if it goes back
Costs−$560.564% of $10k · taker + slippage, in and out
Result−$57−0.57%no points
Price and funding
1h · historyPrice spread
Prices
Fundingper 8h
PRICE SPREAD · 7D
Now−0.072%
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
/8hDOT on 28 exchanges
lowest funding firstBefore you open
1 ok · 2 to watch- Watch: Thin at this size18.9 / 11.1 bpAt $10k entering OKX Spot costs 18.9 bp, fee and slippage, 1.7× 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: −$5.15Long OKX Spot: 0 payments, $0.00; short OKX: 3 payments, −$5.15.
- Note: Gap at its usual level−0.072% vs −0.084%The price leg adds little either way.
- Note: Spot has no open interest$7.8M 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−0.0008%/8h × 21 periods−$1.75
Price spread−0.072% → −0.084% (7d avg)+$1.21
Slippage, 4 orderslive order books−$26.44
Fee OKX Spot bp × 2 orders−$20.00
Fee OKX bp × 2 orders−$10.00
Net · 7 days · $10k−$56.98
Costs to cover0.564%Break-evennever at this rate
Slippage: OKX Spot: live order book, 13 min ago; OKX: live order book, 3 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGOKX Spot2.2318.9 bp−$1951.0 bp−$510doesn’t fitdoesn’t fit
SELL · SHORTOKX0.5611.1 bp−$1129.2 bp−$292doesn’t fitdoesn’t fit
Closing costs about the same again.
