Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.04587 | spot | no funding | — | — | $544K | 1x | Buy OKX Spot | |
| SHORT | 0.04574 | +0.0067 | get 0.0034% / 4h | 3h 43m | $2.1M | $2.4M | 50x | Short OKX |
Price gap−0.273%
Funding gap+0.0067% /8h
Funding pays +$2 a day on $10k, but the gap is 0.157% under its 7d average: −$16 if it goes back, about 7.8 days of funding.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$7+0.0067% /8h now · paid −0.071% over the last 7D
Price−$16spread −0.273% now, avg −0.116% → −0.157% if it goes back
Costs−$1301.297% of $10k · taker + slippage, in and out
Result−$152−1.52%no points
Price and funding
1h · historyPrice spread
Prices
Fundingper 8h
PRICE SPREAD · 7D
Now−0.273%
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
/8hSEI on 26 exchanges
lowest funding firstBefore you open
1 ok · 3 to watch- Watch: Thin at this size67.4 / 12.7 bpAt $10k entering OKX Spot costs 67.4 bp, fee and slippage, 5.3× 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— / 4hThe spot leg pays no funding; OKX settles every 4h.Next 24h at the current rates, on $10k a leg: +$2.02Long OKX Spot: 0 payments, $0.00; short OKX: 6 payments, +$2.02.
- Watch: Gap narrower than usual−0.273% vs −0.116%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Note: Spot has no open interest$2.1M 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−0.0034%/8h × 21 periods−$7.06
Price spread−0.273% → −0.116% (7d avg)−$15.68
Slippage, 4 orderslive order books−$99.70
Fee OKX Spot bp × 2 orders−$20.00
Fee OKX bp × 2 orders−$10.00
Net · 7 days · $10k−$152.45
Costs to cover1.297%Break-evennever at this rate
Slippage: OKX Spot: live order book, 16 min ago; OKX: live order book, 1 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGOKX Spot5.5067.4 bp−$67doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTOKX2.1812.7 bp−$1335.1 bp−$351doesn’t fitdoesn’t fit
Closing costs about the same again.

MEXC