Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.05383 | spot | no funding | — | — | $240K | 1x | Buy OKX Spot | |
| SHORT | 0.05399 | +0.0053 | get 0.0026% / 4h | 3h 43m | $1.1M | $1.9M | 20x | Short OKX |
Price gap+0.297%
Funding gap+0.0053% /8h
Both sides work: funding pays +$2 a day on $10k, and the gap is 0.372% above its 7d average: +$37 more if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$13+0.0053% /8h now · paid +0.126% over the last 7D
Price+$37spread +0.297% now, avg −0.075% → +0.372% if it goes back
Costs−$1231.226% of $10k · taker + slippage, in and out
Result−$73−0.73%no points
Price and funding
1h · historyPrice spread
Prices
Fundingper 8h
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
/8hMINA on 12 exchanges
lowest funding firstBefore you open
2 ok · 2 to watch- Watch: Thin at this size41.7 / 22.2 bpAt $10k entering OKX Spot costs 41.7 bp, fee and slippage, 1.9× 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— / 4hThe spot leg pays no funding; OKX settles every 4h.Next 24h at the current rates, on $10k a leg: +$1.58Long OKX Spot: 0 payments, $0.00; short OKX: 6 payments, +$1.58.
- OK: Entry gap works for you+0.297% vs −0.075%You short the dearer leg. If the gap goes back to average, the short gains.
- Note: Spot has no open interest$1.1M OIOnly 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 YesAdvanced verification before trading, deposits or withdrawals.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0060%/8h × 21 periods+$12.64
Price spread+0.297% → −0.075% (7d avg)+$37.20
Slippage, 4 orderslive order books−$92.59
Fee OKX Spot bp × 2 orders−$20.00
Fee OKX bp × 2 orders−$10.00
Net · 7 days · $10k−$72.75
Costs to cover1.226%Break-even47.3 days
Slippage: OKX Spot: live order book, 16 min ago; OKX: live order book, 1 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGOKX Spot4.7141.7 bp−$42doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTOKX0.9322.2 bp−$22295.8 bp−$2,958doesn’t fitdoesn’t fit
Closing costs about the same again.
