Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 3.1920 | spot | no funding | — | — | $1.8M | 1x | Buy OKX Spot | |
| SHORT | 3.1770 | +0.0100 | get 0.0050% / 4h | 3h 42m | $2.8M | $5.8M | 20x | Short OKX |
Price gap−0.470%
Funding gap+0.0100% /8h
Funding pays +$3 a day on $10k, but the gap is 0.276% under its 7d average: −$28 if it goes back, about 9.2 days of funding.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$16+0.0100% /8h now · paid +0.161% over the last 7D
Price−$28spread −0.470% now, avg −0.194% → −0.276% if it goes back
Costs−$700.705% of $10k · taker + slippage, in and out
Result−$82−0.82%no points
Price and funding
1h · historyPrice spread
Prices
Fundingper 8h
PRICE SPREAD · 7D
Now−0.470%
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
/8hORDI on 17 exchanges
lowest funding firstBefore you open
1 ok · 3 to watch- Watch: Thin at this size25.4 / 11.1 bpAt $10k entering OKX Spot costs 25.4 bp, fee and slippage, 2.3× 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: +$3.00Long OKX Spot: 0 payments, $0.00; short OKX: 6 payments, +$3.00.
- Watch: Gap narrower than usual−0.470% vs −0.194%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Note: Spot has no open interest$2.8M 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+0.0076%/8h × 21 periods+$16.06
Price spread−0.470% → −0.194% (7d avg)−$27.60
Slippage, 4 orderslive order books−$40.47
Fee OKX Spot bp × 2 orders−$20.00
Fee OKX bp × 2 orders−$10.00
Net · 7 days · $10k−$82.00
Costs to cover0.705%Break-even42.7 days
Slippage: OKX Spot: live order book, 4 min ago; OKX: live order book, 3 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGOKX Spot1.5725.4 bp−$25doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTOKX1.5711.1 bp−$1158.3 bp−$583doesn’t fitdoesn’t fit
Closing costs about the same again.
MEXC