Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.1154 | spot | no funding | — | — | $52K | 1x | Buy OKX Spot | |
| SHORT | 0.1150 | +0.0086 | get 0.0043% / 4h | 3h 43m | $1.1M | $1.3M | 20x | Short OKX |
Price gap−0.321%
Funding gap+0.0086% /8h
Funding pays +$3 a day on $10k, but the gap is 0.175% under its 7d average: −$18 if it goes back, about 6.8 days of funding. At the last 7 days' pace that is about 23 days.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$5+0.0086% /8h now · paid +0.053% over the last 7D
Price−$18spread −0.321% now, avg −0.145% → −0.175% if it goes back
Costsno datano order book for OKX Spot
Result, before costs−$12−0.12%no pointscosts unknown: no order book for OKX Spot ·
Price and funding
1h · historyPrice spread
Prices
Fundingper 8h
PRICE SPREAD · 7D
Now−0.321%
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
/8hIMX on 15 exchanges
lowest funding firstBefore you open
1 ok · 2 to watch- Note: Order book unknown—No order-book sample for OKX Spot: its slippage is not counted.
- 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: +$2.59Long OKX Spot: 0 payments, $0.00; short OKX: 6 payments, +$2.59.
- Watch: Gap narrower than usual−0.321% vs −0.145%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Note: Spot has no open interest$1.1M 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+0.0025%/8h × 21 periods+$5.29
Price spread−0.321% → −0.145% (7d avg)−$17.54
Slippage, 4 ordersno data for OKX Spot—
Fee OKX Spot bp × 2 orders−$20.00
Fee OKX bp × 2 orders−$10.00
Net, fees only · 7 days · $10k−$42.25
Costs to cover0.300%Break-even62.9 days
Slippage: OKX Spot: no order-book sample; OKX: live order book, just nowCost to enter
taker + slippage from mid, one sideBUY · LONGOKX Spot—————
SELL · SHORTOKX2.1742.6 bp−$43doesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.
OKX Spot: no data.
