Settings8H · net · $10k
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LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG0.9067spotno funding——$3.0M1xBuy OKX Spot
SHORT0.9061−0.0172pay 0.0172% / 8h7h 48m$7.8M$17.1M50xShort 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 forecast
Funding−$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 · history
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

/8h

DOT on 28 exchanges

lowest funding first

Before you open

1 ok · 2 to watch
  • Watch: Thin at this size18.9 / 11.1 bp
    At $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 + $200
    The 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— / 8h
    The 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 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−0.0008%/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 ago

Cost to enter

taker + slippage from mid, one side
BUY · 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.

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