Settings8H · net · $10k
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LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG0.01920spotno funding——$119K1xBuy OKX Spot
SHORT0.01918−0.0044pay 0.0044% / 8h7h 39m$606K$367K20xShort 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 forecast
Funding−$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 · history
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

/8h

GRT on 13 exchanges

lowest funding first

Before you open

1 ok · 3 to watch
  • Watch: Thin at this size2226.5 / 56.6 bp
    At $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 + $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— / 8h
    The 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 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−0.0081%/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 ago

Cost to enter

taker + slippage from mid, one side
BUY · 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.

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