Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.01920 | spot | no funding | — | — | $119K | 1x | Buy OKX Spot | |
| SHORT | 0.01918 | −0.0044 | pay 0.0044% / 8h | 7h 39m | $606K | $367K | 20x | Short OKX |
Price gap−0.130%
Funding gap−0.0044% /8h
Funding costs $1 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 forecastFunding−$17−0.0044% /8h now · paid −0.171% over the last 7D
Price$0spread −0.130% now, avg −0.126% → −0.004% if it goes back
Costs−$2,45524.549% of $10k · taker + slippage, in and out
Result−$2,472−24.72%no points
Price and funding
1h · historyPrice spread
Prices
Fundingper 8h
PRICE SPREAD · 7D
Now−0.130%
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
/8hGRT on 13 exchanges
lowest funding firstBefore you open
1 ok · 3 to watch- Watch: Thin at this size2226.5 / 56.6 bpAt $10k entering OKX Spot costs 2226.5 bp, fee and slippage, 39.3× 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— / 8hThe spot leg pays no funding; OKX settles every 8h.Next 24h at the current rates, on $10k a leg: −$1.31Long OKX Spot: 0 payments, $0.00; short OKX: 3 payments, −$1.31.
- Note: Gap at its usual level−0.130% vs −0.126%The price leg adds little either way.
- Watch: Short leg is thin$606K 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−0.0081%/8h × 21 periods−$17.07
Price spread−0.130% → −0.126% (7d avg)−$0.39
Slippage, 4 orderslive order books−$2,424.91
Fee OKX Spot bp × 2 orders−$20.00
Fee OKX bp × 2 orders−$10.00
Net · 7 days · $10k−$2,472.37
Costs to cover24.549%Break-evennever at this rate
Slippage: OKX Spot: live order book, 66 min ago; OKX: live order book, 39 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGOKX Spot18.162226.5 bp−$2,226doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTOKX5.2156.6 bp−$57doesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.
