Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 2.4795 | spot | no funding | — | — | $1.8M | 1x | Buy OKX Spot | |
| SHORT | 2.4760 | +0.0100 | get 0.0100% / 8h | 7h 46m | $5.7M | $6.5M | 50x | Short OKX |
Price gap−0.141%
Funding gap+0.0100% /8h
Funding trade: +$3 a day on $10k at the current rate, before costs. The price gap is at its 7d average.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$1+0.0100% /8h now · paid +0.011% over the last 7D
Price−$2spread −0.141% now, avg −0.121% → −0.020% if it goes back
Costs−$650.653% of $10k · taker + slippage, in and out
Result−$66−0.66%no points
Price and funding
1h · historyPrice spread
Prices
Fundingper 8h
PRICE SPREAD · 7D
Now−0.141%
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
/8hICP on 28 exchanges
lowest funding firstBefore you open
1 ok · 2 to watch- Watch: Thin at this size21.6 / 11.1 bpAt $10k entering OKX Spot costs 21.6 bp, fee and slippage, 1.9× OKX’s.
- Note: Spot in full, margin on the short$10,000 + $200The spot leg is bought with the whole $10k; OKX runs at up to 50x. 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: +$3.00Long OKX Spot: 0 payments, $0.00; short OKX: 3 payments, +$3.00.
- Note: Gap at its usual level−0.141% vs −0.121%The price leg adds little either way.
- Note: Spot has no open interest$5.7M OIOnly 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 YesAdvanced verification before trading, deposits or withdrawals.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0005%/8h × 21 periods+$1.09
Price spread−0.141% → −0.121% (7d avg)−$1.97
Slippage, 4 orderslive order books−$35.28
Fee OKX Spot bp × 2 orders−$20.00
Fee OKX bp × 2 orders−$10.00
Net · 7 days · $10k−$66.16
Costs to cover0.653%Break-even431.4 days
Slippage: OKX Spot: live order book, 14 min ago; OKX: live order book, 4 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGOKX Spot4.0721.6 bp−$22128.4 bp−$1,284doesn’t fitdoesn’t fit
SELL · SHORTOKX2.0311.1 bp−$1149.3 bp−$493doesn’t fitdoesn’t fit
Closing costs about the same again.
Orderly