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

METIS

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LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG
OKX SpotMETIS-USDT
2.6140spotno funding——$42K1xBuy OKX Spot
SHORT
OKXMETIS-USDT-SWAP
2.5980+0.0100get 0.0050% / 4h2h 04m$212K$350K10xShort OKX
Price gap−0.612%
Funding gap+0.0100% /8h

Funding pays +$3 a day on $10k, but the gap is 0.151% under its 7d average: −$15 if it goes back, about 5.0 days of funding.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding+$19+0.0100% /8h now · paid +0.186% over the last 7D
Price−$15spread −0.612% now, avg −0.461% → −0.151% if it goes back
Costsno datano order book for OKX Spot
Result, before costs+$3+0.03%no pointscosts unknown: no order book for OKX Spot ·

Price and funding

1h · history
PRICE SPREAD · 7D
Now−0.612%
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

METIS on 10 exchanges

lowest funding first

Before you open

1 ok · 3 to watch
  • Note: Order book unknown—
    No order-book sample for OKX Spot: its slippage is not counted.
  • Note: Spot in full, margin on the short$10,000 + $1,000
    The spot leg is bought with the whole $10k; OKX runs at up to 10x. 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: +$3.00Long OKX Spot: 0 payments, $0.00; short OKX: 6 payments, +$3.00.
  • Watch: Gap narrower than usual−0.612% vs −0.461%
    Less room for the price leg to pay you. If it goes back to average, the short loses.
  • Watch: Short leg is thin$212K 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+0.0089%/8h × 21 periods+$18.61
Price spread−0.612% → −0.461% (7d avg)−$15.14
Slippage, 4 ordersno data for OKX Spot—
Fee OKX Spot bp × 2 orders−$20.00
Fee OKX bp × 2 orders−$10.00
Net, fees only · 7 days · $10k−$26.54
Costs to cover0.300%Break-even17.0 days
Slippage: OKX Spot: no order-book sample; OKX: live order book, 28 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGOKX Spot—————
SELL · SHORTOKX1.9349.9 bp−$50doesn’t fitdoesn’t fitdoesn’t fit

Closing costs about the same again.
OKX Spot: no data.

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