Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.01806 | spot | no funding | — | — | $223K | 1x | Buy OKX Spot | |
| SHORT | 0.01805 | +0.0100 | get 0.0050% / 4h | 3h 43m | $782K | $1.0M | 20x | Short OKX |
Price gap−0.028%
Funding gap+0.0100% /8h
Both sides work: funding pays +$3 a day on $10k, and the gap is 0.115% above its 7d average: +$12 more if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$33+0.0100% /8h now · paid −0.333% over the last 7D
Price+$12spread −0.028% now, avg −0.143% → +0.115% if it goes back
Costs−$1631.632% of $10k · taker + slippage, in and out
Result−$185−1.85%no points
Price and funding
1h · historyPrice spread
Prices
Fundingper 8h
PRICE SPREAD · 7D
Now−0.028%
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
/8hSENT on 12 exchanges
lowest funding firstBefore you open
2 ok · 3 to watch- Watch: Thin at this size42.9 / 27.1 bpAt $10k entering OKX Spot costs 42.9 bp, fee and slippage, 1.6× 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.
- OK: Entry gap works for you−0.028% vs −0.143%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short leg is thin$782K 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−0.0158%/8h × 21 periods−$33.28
Price spread−0.028% → −0.143% (7d avg)+$11.50
Slippage, 4 orderslive order books−$133.24
Fee OKX Spot bp × 2 orders−$20.00
Fee OKX bp × 2 orders−$10.00
Net · 7 days · $10k−$185.01
Costs to cover1.632%Break-evennever at this rate
Slippage: OKX Spot: live order book, 15 min ago; OKX: live order book, just nowCost to enter
taker + slippage from mid, one sideBUY · LONGOKX Spot5.6542.9 bp−$433435.1 bp−$34.4K124168.9 bp−$12.42M660344.4 bp−$330.17M
SELL · SHORTOKX5.5427.1 bp−$27doesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.
