Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.003972 | spot | no funding | — | — | $8.0M | 1x | Buy OKX Spot | |
| SHORT | 0.003965 | +0.0100 | get 0.0100% / 8h | 7h 48m | $22.2M | $112.3M | 50x | Short OKX |
Price gap−0.176%
Funding gap+0.0100% /8h
Funding pays +$3 a day on $10k, but the gap is 0.125% under its 7d average: −$13 if it goes back, about 4.2 days of funding.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$12+0.0100% /8h now · paid +0.120% over the last 7D
Price−$13spread −0.176% now, avg −0.051% → −0.125% if it goes back
Costs−$460.457% of $10k · taker + slippage, in and out
Result−$46−0.46%no points
Price and funding
1h · historyPrice spread
Prices
Fundingper 8h
PRICE SPREAD · 7D
Now−0.176%
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
/8hPUMP on 48 exchanges
lowest funding firstBefore you open
1 ok · 3 to watch- Watch: Thin at this size16.6 / 8.2 bpAt $10k entering OKX Spot costs 16.6 bp, fee and slippage, 2.0× OKX’s.
- Note: Spot in full, margin on the short$10,000 + $200The spot leg is bought with the whole $10k; OKX runs at up to 50x. 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— / 8hThe spot leg pays no funding; OKX settles every 8h.Next 24h at the current rates, on $10k a leg: +$3.00Long OKX Spot: 0 payments, $0.00; short OKX: 3 payments, +$3.00.
- Watch: Gap narrower than usual−0.176% vs −0.051%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Note: Spot has no open interest$22.2M 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+0.0057%/8h × 21 periods+$12.00
Price spread−0.176% → −0.051% (7d avg)−$12.50
Slippage, 4 orderslive order books−$15.67
Fee OKX Spot bp × 2 orders−$20.00
Fee OKX bp × 2 orders−$10.00
Net · 7 days · $10k−$46.17
Costs to cover0.457%Break-even33.9 days
Slippage: OKX Spot: live order book, 13 min ago; OKX: live order book, 3 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGOKX Spot1.2716.6 bp−$1732.3 bp−$323doesn’t fitdoesn’t fit
SELL · SHORTOKX1.288.2 bp−$814.9 bp−$14962.1 bp−$6,211doesn’t fit
Closing costs about the same again.
PUMP news
posts that mention PUMP, from every exchange| 11-03 07:08 | Binance | Other | Latest Withdrawal Update Withdrawals have now been re-enabled for the following networks and assets: New: ✅ ETH: ENA, USDE, PENDLE, WLD, QNT, SHIB, ZRO, FET, NIL, ONDO, ALT, SKY, LINK, ETHFI, REZ, JASMY, PUNDIX, BTC, BAT, STRK, POL, ANIME, LSK, RE, BREV, RLC, AMP, PLUME, BLUR, WBETH, ZBT, ENSO, AVA, TUSD ✅ SOL: USD1, PUMP, FDUSD, BMT, RENDER, RAY, TRUMP, MET, PENGU, JUP, PYTH, BONK, KMNO, BNSOL, ORCA, WIF, W, HUMA, JTO, IO, 2Z, BOME Already Enabled: ✅ ETH: RLUSD, USD1, TUSD, FDUSD, XUSD We will continue to restore additional assets and networks in phases as security checks are completed. Further updates will be shared through official Binance channels. @binance on X ↗ |
| 10-31 16:14 | Derive | Contest | October at Derive: ➤ V3 Live. Launched with Ethereum custody, ZK proofs, sub-millisecond matching and no-code vaults. ➤ Governance. Submitted a CFTC comment letter on conflicts and affiliations. Proposed expansion into US-regulated derivatives markets through governance. ➤ Volume. $3.47B month to date, including $2.94B in options and ~$4B open interest. ➤ Trading. Added RFQ Price Protection, PUMP and VVV markets as well as LIT as collateral. ➤ HYPE. Integrating Elysium by @Kinetiq_xyz. Launched Road to Expiry with Kinetiq, a HYPE options contest with a ~$40k prize pool. Lowered margin and more borrowing power against HYPE and kHYPE. @DeriveXYZ on X ↗ |
| 10-29 16:57 | Katana Perps | Listing | new market PUMP-USD ($PUMP) seen by our collector |
| 10-28 16:00 | OKX | Other | Europe, your next X Drops basket is here. ZEC, NEAR, SUI, TAO, PEPE, WLD, LINK, PUMP, ONDO and ZAMA are in, with 3.4M $ZAMA up for grabs. Trade @zama for 3× rewards. @okx on X ↗ |
| 10-23 09:05 | Reya | Listing | new market PUMPRUSDPERP ($PUMP) seen by our collector |
| 10-15 05:29 | Derive | Listing | $PUMP options and perps are live on Derive. Block-size trades have already printed via RFQ. The order book is now just as tradeable, with deep liquidity on screen. @DeriveXYZ on X ↗ |

Binance
Derive
Katana Perps