Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.2999 | spot | no funding | — | — | $1.1M | 1x | Buy OKX Spot | |
| SHORT | 0.2995 | +0.0100 | get 0.0050% / 4h | 3h 42m | $689K | $2.1M | 20x | Short OKX |
Price gap−0.133%
Funding gap+0.0100% /8h
Funding pays +$3 a day on $10k, but the gap is 0.066% under its 7d average: −$7 if it goes back, about 2.2 days of funding.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$1+0.0100% /8h now · paid −0.006% over the last 7D
Price−$7spread −0.133% now, avg −0.068% → −0.066% if it goes back
Costs−$1401.402% of $10k · taker + slippage, in and out
Result−$147−1.47%no points
Price and funding
1h · historyPrice spread
Prices
Fundingper 8h
PRICE SPREAD · 7D
Now−0.133%
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
/8hRE on 15 exchanges
lowest funding firstBefore you open
1 ok · 4 to watch- Watch: Thin at this size44.6 / 29.9 bpAt $10k entering OKX Spot costs 44.6 bp, fee and slippage, 1.5× 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−0.133% vs −0.068%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thin$689K 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−0.0003%/8h × 21 periods−$0.57
Price spread−0.133% → −0.068% (7d avg)−$6.57
Slippage, 4 orderslive order books−$110.22
Fee OKX Spot bp × 2 orders−$20.00
Fee OKX bp × 2 orders−$10.00
Net · 7 days · $10k−$147.36
Costs to cover1.402%Break-evennever at this rate
Slippage: OKX Spot: live order book, 3 min ago; OKX: live order book, 2 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGOKX Spot3.3444.6 bp−$4585.7 bp−$857doesn’t fitdoesn’t fit
SELL · SHORTOKX1.8329.9 bp−$30doesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.
