Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 1.3490 | spot | no funding | — | — | $106K | 1x | Buy OKX Spot | |
| SHORT | 1.3450 | −0.0030 | pay 0.0015% / 4h | 2h 02m | $1.0M | $1.2M | 20x | Short OKX |
Price gap−0.297%
Funding gap−0.0030% /8h
Both sides work against this pair now: funding costs $1 a day on $10k and the gap is 0.165% under its 7d average. Spot cannot be shorted here, so there is no reverse.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$10−0.0030% /8h now · paid +0.102% over the last 7D
Price−$16spread −0.297% now, avg −0.132% → −0.165% if it goes back
Costs−$5505.500% of $10k · taker + slippage, in and out
Result−$556−5.56%no points
Price and funding
1h · historyPrice spread
Prices
Fundingper 8h
PRICE SPREAD · 7D
Now−0.297%
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
/8hLPT on 12 exchanges
lowest funding firstBefore you open
1 ok · 3 to watch- Watch: Thin at this size385.2 / 23.7 bpAt $10k entering OKX Spot costs 385.2 bp, fee and slippage, 16.2× 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— / 4hThe spot leg pays no funding; OKX settles every 4h.Next 24h at the current rates, on $10k a leg: −$0.90Long OKX Spot: 0 payments, $0.00; short OKX: 6 payments, −$0.90.
- Watch: Gap narrower than usual−0.297% vs −0.132%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Note: Spot has no open interest$1.0M 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+0.0049%/8h × 21 periods+$10.25
Price spread−0.297% → −0.132% (7d avg)−$16.46
Slippage, 4 orderslive order books−$520.02
Fee OKX Spot bp × 2 orders−$20.00
Fee OKX bp × 2 orders−$10.00
Net · 7 days · $10k−$556.23
Costs to cover5.500%Break-even386.9 days
Slippage: OKX Spot: live order book, 73 min ago; OKX: live order book, 1 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGOKX Spot7.33385.2 bp−$385doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTOKX3.7123.7 bp−$24229.7 bp−$2,297doesn’t fitdoesn’t fit
Closing costs about the same again.
