Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 3.3702 | spot | no funding | — | — | $21.3M | 1x | Buy OKX Spot | |
| SHORT | 3.3653 | +0.0026 | get 0.0013% / 4h | 3h 46m | $24.3M | $85.7M | 50x | Short OKX |
Price gap−0.145%
Funding gap+0.0026% /8h
Funding pays +$1 a day on $10k, but the gap is 0.083% under its 7d average: −$8 if it goes back, about 11 days of funding.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$3+0.0026% /8h now · paid −0.031% over the last 7D
Price−$8spread −0.145% now, avg −0.062% → −0.083% if it goes back
Costs−$720.721% of $10k · taker + slippage, in and out
Result−$84−0.84%no points
Price and funding
1h · historyPrice spread
Prices
Fundingper 8h
PRICE SPREAD · 7D
Now−0.145%
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
/8hLIT on 45 exchanges
lowest funding firstBefore you open
1 ok · 3 to watch- Watch: Thin at this size18.5 / 15.6 bpAt $10k entering OKX Spot costs 18.5 bp, fee and slippage, 1.2× 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— / 4hThe spot leg pays no funding; OKX settles every 4h.Next 24h at the current rates, on $10k a leg: +$0.79Long OKX Spot: 0 payments, $0.00; short OKX: 6 payments, +$0.79.
- Watch: Gap narrower than usual−0.145% vs −0.062%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Note: Spot has no open interest$24.3M 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−0.0015%/8h × 21 periods−$3.10
Price spread−0.145% → −0.062% (7d avg)−$8.33
Slippage, 4 orderslive order books−$42.09
Fee OKX Spot bp × 2 orders−$20.00
Fee OKX bp × 2 orders−$10.00
Net · 7 days · $10k−$83.53
Costs to cover0.721%Break-evennever at this rate
Slippage: OKX Spot: live order book, 15 min ago; OKX: live order book, 5 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGOKX Spot1.8118.5 bp−$1950.7 bp−$507doesn’t fitdoesn’t fit
SELL · SHORTOKX1.5115.6 bp−$1633.3 bp−$333doesn’t fitdoesn’t fit
Closing costs about the same again.
LIT news
posts that mention LIT, from every exchange| 10-31 16:14 | Derive | Contest | October at Derive: ➤ V3 Live. Launched with Ethereum custody, ZK proofs, sub-millisecond matching and no-code vaults. ➤ Governance. Submitted a CFTC comment letter on conflicts and affiliations. Proposed expansion into US-regulated derivatives markets through governance. ➤ Volume. $3.47B month to date, including $2.94B in options and ~$4B open interest. ➤ Trading. Added RFQ Price Protection, PUMP and VVV markets as well as LIT as collateral. ➤ HYPE. Integrating Elysium by @Kinetiq_xyz. Launched Road to Expiry with Kinetiq, a HYPE options contest with a ~$40k prize pool. Lowered margin and more borrowing power against HYPE and kHYPE. @DeriveXYZ on X ↗ |
| 10-30 14:20 | Derive | Listing | LIT is now live as collateral on Derive 🕯️ Deposit LIT and put it to work without selling it: • Margin LIT options and LIT-PERP • Sell covered calls against your LIT • Use it as cross-margin for BTC, ETH, HYPE and alts Keep your exposure to @Lighter_xyz while making your holdings productive. @DeriveXYZ on X ↗ |
| 10-29 18:30 | OKX | Other | A 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 ↗ |
| 10-28 14:18 | Derive | Other | V3 is running smoothly, and our team keeps shipping improvements. Here are three updates traders can expect this week: • Lower options margin. You can trade BTC, ETH, and other supported options with less collateral in standard-margin accounts, leaving more available for your next trade. • More capital-efficient collateral. You can borrow more against $HYPE and $kHYPE in eligible accounts. • More collateral types. We'll add $LIT as collateral to back supported altcoin markets. @DeriveXYZ on X ↗ |
| 10-28 13:48 | Derive | Other | V3 is running smoothly, and our team keeps shipping improvements. Here are three features going into effect for traders soon: • Lower options margin. You can trade BTC, ETH, and other supported options with less collateral in standard-margin accounts, leaving more available for your next trade. • $DRV perps. You can trade DRV with up to 3x leverage and use your DRV holdings as collateral in supported accounts. • More collateral options. You can borrow more against HYPE and kHYPE in eligible accounts, and use $LIT to back supported altcoin trades. @DeriveXYZ on X ↗ |
| 10-23 16:16 | Derive | Other | Big LIT options flow on Derive 🕯️ A trader sold $330k notional of LIT calls expiring 25 December, collecting $31k in premium upfront. TL;DR: they’re selling upside roughly ~36% above spot into year-end. @DeriveXYZ on X ↗ |
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