Settings8H · net · $10k
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LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG1.1011spotno funding——$143K1xBuy OKX Spot
SHORT1.0985+0.0022get 0.0011% / 4h2h 02m$285K$292K20xShort OKX
Price gap−0.232%
Funding gap+0.0022% /8h

Funding pays +$1 a day on $10k, but the gap is 0.058% under its 7d average: −$6 if it goes back, about 8.8 days of funding. At the last 7 days' pace that is about 2.3 days.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding+$18+0.0022% /8h now · paid +0.179% over the last 7D
Price−$6spread −0.232% now, avg −0.174% → −0.058% if it goes back
Costs−$1291.288% of $10k · taker + slippage, in and out
Result−$117−1.17%no points

Price and funding

1h · history
PRICE SPREAD · 7D
Now−0.232%
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

GAS on 12 exchanges

lowest funding first

Before you open

1 ok · 4 to watch
  • Watch: Thin at this size34.0 / 30.1 bp
    At $10k entering OKX Spot costs 34.0 bp, fee and slippage, 1.1× 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— / 4h
    The spot leg pays no funding; OKX settles every 4h.
    Next 24h at the current rates, on $10k a leg: +$0.66Long OKX Spot: 0 payments, $0.00; short OKX: 6 payments, +$0.66.
  • Watch: Gap narrower than usual−0.232% vs −0.174%
    Less room for the price leg to pay you. If it goes back to average, the short loses.
  • Watch: Short leg is thin$285K OI
    OKX sets your exit cost. Check its book before closing.
  • 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+0.0085%/8h × 21 periods+$17.91
Price spread−0.232% → −0.174% (7d avg)−$5.78
Slippage, 4 orderslive order books−$98.85
Fee OKX Spot bp × 2 orders−$20.00
Fee OKX bp × 2 orders−$10.00
Net · 7 days · $10k−$116.72
Costs to cover1.288%Break-even52.6 days
Slippage: OKX Spot: live order book, 56 min ago; OKX: live order book, 50 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGOKX Spot8.6134.0 bp−$3415873.6 bp−$158.7Kdoesn’t fitdoesn’t fit
SELL · SHORTOKX4.9930.1 bp−$30doesn’t fitdoesn’t fitdoesn’t fit

Closing costs about the same again.

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