PHAROS

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	OKXPROS-USDT-SWAP	0.7405	+0.0100	pay 0.0050% / 4h	14m 01s	$1.6M	$3.1M	10x	Long OKX
SHORT	BinancePHAROSUSDT	0.7425	+0.0100	get 0.0050% / 4h	14m 01s	$7.2M	$6.7M	20x	Short Binance

Price gap+0.266%

Funding gap0.0000% /8h

Funding is ≈ 0 and the gap is at its 7d average: nothing to capture right now.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast

Funding+$1660.0000% /8h now · paid +1.664% over the last 7D

Price−$2spread +0.266% now, avg +0.285% → −0.018% if it goes back

Costs−$910.909% of $10k · taker + slippage, in and out

Result+$74+0.74%no pointsWhat the last 7D really paid, hour by hour → backtest

Price and funding

1h · history

Entry / Exit

Price spread

Prices

Fundingper 8h

ENTRY / EXIT · 7D

Entry now—

Entry average—

Best entry—

Exit now—

Exit average—

Best exit—

Exit free—

PRICE SPREAD · 7D

Now+0.266%

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

PHAROS on 10 exchanges

lowest funding first

Before you open

1 ok · 2 to watch

Watch: Thin at this size22.5 / 21.0 bp
At $10k entering OKX costs 22.5 bp, fee and slippage, 1.1× Binance’s.
Note: Margin at max leverage$1,000 + $500
OKX 10x, Binance 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
OK: Same payment interval4h / 4h
Both legs pay at the same time.
Next 24h at the current rates, on $10k a leg: $0.00Long OKX: 6 payments, −$3.00; short Binance: 6 payments, +$3.00.
Note: Gap at its usual level+0.266% vs +0.285%
The price leg adds little either way.
Note: Long leg is thinner$1.6M vs $7.2M OI
Both legs are deep; OKX is the smaller one.
Note: No points program—
Neither exchange runs points right now.
Watch: KYCOKX Yes · Binance 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+0.0792%/8h × 21 periods+$166.37

Price spread+0.266% → +0.285% (7d avg)−$1.84

Slippage, 4 orderslive order books−$70.93

Fee OKX bp × 2 orders−$10.00

Fee Binance bp × 2 orders−$10.00

Net · 7 days · $10k+$73.60

Costs to cover0.909%Break-even3.9 days

Slippage: OKX: live order book, 4 min ago; Binance: live order book, 11 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGOKX2.0222.5 bp−$22doesn’t fitdoesn’t fitdoesn’t fit

SELL · SHORTBinance1.3421.0 bp−$21105.2 bp−$1,052doesn’t fitdoesn’t fit

Closing costs about the same again.