Settings8H · net · $10k
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LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG0.07051spotno funding——$283K1xBuy OKX Spot
SHORT0.07022−0.0015pay 0.0015% / 8h7h 43m$577K$596K20xShort 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 forecast
Funding−$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 · history
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

/8h

MANA on 13 exchanges

lowest funding first

Before you open

1 ok · 4 to watch
  • Watch: Thin at this size42.1 / 28.4 bp
    At $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 + $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— / 8h
    The 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 OI
    OKX sets your exit cost. Check its book before closing.
  • 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−0.0064%/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 ago

Cost to enter

taker + slippage from mid, one side
BUY · 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.

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