Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.07051 | spot | no funding | — | — | $283K | 1x | Buy OKX Spot | |
| SHORT | 0.07022 | −0.0015 | pay 0.0015% / 8h | 7h 43m | $577K | $596K | 20x | Short OKX |
Price gap−0.411%
Funding gap−0.0015% /8h
Both sides work against this pair now: funding costs $0 a day on $10k and the gap is 0.277% 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−$13−0.0015% /8h now · paid −0.134% over the last 7D
Price−$28spread −0.411% now, avg −0.134% → −0.277% if it goes back
Costs−$1341.343% of $10k · taker + slippage, in and out
Result−$175−1.75%no points
Price and funding
1h · historyPrice spread
Prices
Fundingper 8h
PRICE SPREAD · 7D
Now−0.411%
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
/8hMANA on 13 exchanges
lowest funding firstBefore you open
1 ok · 4 to watch- Watch: Thin at this size42.1 / 28.4 bpAt $10k entering OKX Spot costs 42.1 bp, fee and slippage, 1.5× 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— / 8hThe spot leg pays no funding; OKX settles every 8h.Next 24h at the current rates, on $10k a leg: −$0.45Long OKX Spot: 0 payments, $0.00; short OKX: 3 payments, −$0.45.
- Watch: Gap narrower than usual−0.411% vs −0.134%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thin$577K OIOKX sets your exit cost. Check its book before closing.
- 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−0.0064%/8h × 21 periods−$13.35
Price spread−0.411% → −0.134% (7d avg)−$27.73
Slippage, 4 orderslive order books−$104.31
Fee OKX Spot bp × 2 orders−$20.00
Fee OKX bp × 2 orders−$10.00
Net · 7 days · $10k−$175.39
Costs to cover1.343%Break-evennever at this rate
Slippage: OKX Spot: live order book, 16 min ago; OKX: live order book, 35 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGOKX Spot5.0642.1 bp−$42doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTOKX0.7128.4 bp−$28doesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.
