Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.1365 | spot | no funding | — | — | $131K | 1x | Buy OKX Spot | |
| SHORT | 0.1363 | +0.0100 | get 0.0050% / 4h | 2h 03m | $784K | $466K | 10x | Short OKX |
Price gap−0.147%
Funding gap+0.0100% /8h
Both sides work: funding pays +$3 a day on $10k, and the gap is 0.035% above its 7d average: +$3 more if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$19+0.0100% /8h now · paid +0.189% over the last 7D
Price+$3spread −0.147% now, avg −0.181% → +0.035% if it goes back
Costs−$8758.753% of $10k · taker + slippage, in and out
Result−$853−8.53%no points
Price and funding
1h · historyPrice spread
Prices
Fundingper 8h
PRICE SPREAD · 7D
Now−0.147%
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
/8hNES on 7 exchanges
lowest funding firstBefore you open
2 ok · 3 to watch- Watch: Thin at this size460.5 / 68.5 bpAt $10k entering OKX Spot costs 460.5 bp, fee and slippage, 6.7× OKX’s.
- Note: Spot in full, margin on the short$10,000 + $1,000The 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— / 4hThe 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.
- OK: Entry gap works for you−0.147% vs −0.181%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short leg is thin$784K 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+0.0090%/8h × 21 periods+$18.93
Price spread−0.147% → −0.181% (7d avg)+$3.48
Slippage, 4 orderslive order books−$845.28
Fee OKX Spot bp × 2 orders−$20.00
Fee OKX bp × 2 orders−$10.00
Net · 7 days · $10k−$852.87
Costs to cover8.753%Break-even322.4 days
Slippage: OKX Spot: live order book, 56 min ago; OKX: live order book, 51 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGOKX Spot7.34460.5 bp−$46018305.8 bp−$183.1Kdoesn’t fitdoesn’t fit
SELL · SHORTOKX3.6868.5 bp−$68doesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.
Aster