Settings8H · net · $10k
My profile
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG0.5087spotno funding——$1.2M1xBuy OKX Spot
SHORT0.5083+0.0100get 0.0050% / 4h3h 48m$4.3M$7.7M20xShort OKX
Price gap−0.079%
Funding gap+0.0100% /8h

Funding pays +$3 a day on $10k, but the gap is 0.036% under its 7d average: −$4 if it goes back, about 28 hours of funding.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding+$20+0.0100% /8h now · paid +0.200% over the last 7D
Price−$4spread −0.079% now, avg −0.043% → −0.036% if it goes back
Costs−$920.920% of $10k · taker + slippage, in and out
Result−$76−0.76%no points

Price and funding

1h · history
PRICE SPREAD · 7D
Now−0.079%
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

GRASS on 16 exchanges

lowest funding first

Before you open

1 ok · 3 to watch
  • Watch: Thin at this size23.9 / 20.3 bp
    At $10k entering OKX Spot costs 23.9 bp, fee and slippage, 1.2× 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: +$3.00Long OKX Spot: 0 payments, $0.00; short OKX: 6 payments, +$3.00.
  • Watch: Gap narrower than usual−0.079% vs −0.043%
    Less room for the price leg to pay you. If it goes back to average, the short loses.
  • Note: Spot has no open interest$4.3M 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+0.0095%/8h × 21 periods+$20.04
Price spread−0.079% → −0.043% (7d avg)−$3.56
Slippage, 4 orderslive order books−$62.02
Fee OKX Spot bp × 2 orders−$20.00
Fee OKX bp × 2 orders−$10.00
Net · 7 days · $10k−$75.54
Costs to cover0.920%Break-even33.4 days
Slippage: OKX Spot: live order book, 13 min ago; OKX: live order book, 2 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGOKX Spot6.9023.9 bp−$2462.1 bp−$621doesn’t fitdoesn’t fit
SELL · SHORTOKX0.9820.3 bp−$2063.3 bp−$633doesn’t fitdoesn’t fit

Closing costs about the same again.

Alert

GRASS news

posts that mention GRASS, from every exchange
10-29 18:30OKXOtherA fresh X Drops Club just landed in Europe: @CetusProtocol Trade CETUS, HYPE, ENA, LIT, GRASS, GRVT, FET, HUMA or LINK for a share of 4.5M $CETUS, with CETUS trades counting 5×. This one moves fast. Get in before Nov 1. @okx on X ↗