Settings8H · net · $10k
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Funding arb · Price arb / Crypto

MASK

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LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG
OKX SpotMASK-USDT
0.3564spotno funding——$175K1xBuy OKX Spot
SHORT
OKXMASK-USDT-SWAP
0.3558−0.0116pay 0.0116% / 8h6h 03m$471K$789K20xShort OKX
Price gap−0.154%
Funding gap−0.0116% /8h

Both sides work against this pair now: funding costs $3 a day on $10k and the gap is 0.083% 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+$14−0.0116% /8h now · paid +0.144% over the last 7D
Price−$8spread −0.154% now, avg −0.072% → −0.083% if it goes back
Costs−$1,49014.899% of $10k · taker + slippage, in and out
Result−$1,484−14.84%no points

Price and funding

1h · history
PRICE SPREAD · 7D
Now−0.154%
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

MASK on 10 exchanges

lowest funding first

Before you open

1 ok · 4 to watch
  • Watch: Thin at this size1223.0 / 19.6 bp
    At $10k entering OKX Spot costs 1223.0 bp, fee and slippage, 62.3× 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: −$3.48Long OKX Spot: 0 payments, $0.00; short OKX: 3 payments, −$3.48.
  • Watch: Gap narrower than usual−0.154% vs −0.072%
    Less room for the price leg to pay you. If it goes back to average, the short loses.
  • Watch: Short leg is thin$471K 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+0.0068%/8h × 21 periods+$14.35
Price spread−0.154% → −0.072% (7d avg)−$8.27
Slippage, 4 orderslive order books−$1,459.94
Fee OKX Spot bp × 2 orders−$20.00
Fee OKX bp × 2 orders−$10.00
Net · 7 days · $10k−$1,483.86
Costs to cover14.899%Break-even730.6 days
Slippage: OKX Spot: live order book, 40 min ago; OKX: live order book, 5 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGOKX Spot7.001223.0 bp−$1,223doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTOKX4.2019.6 bp−$20doesn’t fitdoesn’t fitdoesn’t fit

Closing costs about the same again.

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