Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 3.1600 | spot | no funding | — | — | $46K | 1x | Buy OKX Spot | |
| SHORT | 3.1460 | −0.0145 | pay 0.0145% / 8h | 6h 03m | $409K | $475K | 20x | Short OKX |
Price gap−0.443%
Funding gap−0.0145% /8h
The gap pays +$15 on $10k if it goes back to its 7d average, but funding costs $4 a day and eats that in about 3.5 days. At the last 7 days' pace that is about 11 days.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$10−0.0145% /8h now · paid −0.099% over the last 7D
Price+$15spread −0.443% now, avg −0.594% → +0.151% if it goes back
Costsno datano order book for OKX Spot
Result, before costs+$5+0.05%no pointscosts unknown: no order book for OKX Spot ·
Price and funding
1h · historyPrice spread
Prices
Fundingper 8h
PRICE SPREAD · 7D
Now−0.443%
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
/8hEGLD on 11 exchanges
lowest funding firstBefore you open
2 ok · 2 to watch- Note: Order book unknown—No order-book sample for OKX Spot: its slippage is not counted.
- Note: Spot in full, margin on the short$10,000 + $500The 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— / 8hThe spot leg pays no funding; OKX settles every 8h.Next 24h at the current rates, on $10k a leg: −$4.36Long OKX Spot: 0 payments, $0.00; short OKX: 3 payments, −$4.36.
- OK: Entry gap works for you−0.443% vs −0.594%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short leg is thin$409K OIOKX sets your exit cost. Check its book before closing.
- 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−0.0047%/8h × 21 periods−$9.90
Price spread−0.443% → −0.594% (7d avg)+$15.07
Slippage, 4 ordersno data for OKX Spot—
Fee OKX Spot bp × 2 orders−$20.00
Fee OKX bp × 2 orders−$10.00
Net, fees only · 7 days · $10k−$24.83
Costs to cover0.300%Break-evennever at this rate
Slippage: OKX Spot: no order-book sample; OKX: live order book, 5 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGOKX Spot—————
SELL · SHORTOKX3.1721.6 bp−$22doesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.
OKX Spot: no data.