Settings8H · net · $10k
My profile
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG1.3490spotno funding——$106K1xBuy OKX Spot
SHORT1.3450−0.0030pay 0.0015% / 4h2h 02m$1.0M$1.2M20xShort 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 forecast
Funding+$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 · history
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

/8h

LPT on 12 exchanges

lowest funding first

Before you open

1 ok · 3 to watch
  • Watch: Thin at this size385.2 / 23.7 bp
    At $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 + $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— / 4h
    The 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 OI
    Only 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 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+0.0049%/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 ago

Cost to enter

taker + slippage from mid, one side
BUY · 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.

Alert