Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 1.1011 | spot | no funding | — | — | $143K | 1x | Buy OKX Spot | |
| SHORT | 1.0985 | +0.0022 | get 0.0011% / 4h | 2h 02m | $285K | $292K | 20x | Short 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 forecastFunding+$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 · historyPrice spread
Prices
Fundingper 8h
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
/8hGAS on 12 exchanges
lowest funding firstBefore you open
1 ok · 4 to watch- Watch: Thin at this size34.0 / 30.1 bpAt $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 + $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— / 4hThe 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 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+0.0085%/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 agoCost to enter
taker + slippage from mid, one sideBUY · 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.
