Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 2.1965 | spot | no funding | — | — | $131K | 1x | Buy OKX Spot | |
| SHORT | 2.1850 | +0.0088 | get 0.0088% / 8h | 2h 02m | $593K | $432K | 20x | Short OKX |
Price gap−0.524%
Funding gap+0.0088% /8h
Funding pays +$3 a day on $10k, but the gap is 0.094% under its 7d average: −$9 if it goes back, about 3.6 days of funding.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$21+0.0088% /8h now · paid +0.209% over the last 7D
Price−$9spread −0.524% now, avg −0.429% → −0.094% if it goes back
Costs−$2532.529% of $10k · taker + slippage, in and out
Result−$241−2.41%no points
Price and funding
1h · historyPrice spread
Prices
Fundingper 8h
PRICE SPREAD · 7D
Now−0.524%
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
/8hSSV on 11 exchanges
lowest funding firstBefore you open
1 ok · 4 to watch- Watch: Thin at this size92.7 / 46.2 bpAt $10k entering OKX Spot costs 92.7 bp, fee and slippage, 2.0× 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— / 8hThe spot leg pays no funding; OKX settles every 8h.Next 24h at the current rates, on $10k a leg: +$2.65Long OKX Spot: 0 payments, $0.00; short OKX: 3 payments, +$2.65.
- Watch: Gap narrower than usual−0.524% vs −0.429%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thin$593K 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+0.0099%/8h × 21 periods+$20.88
Price spread−0.524% → −0.429% (7d avg)−$9.43
Slippage, 4 orderslive order books−$222.89
Fee OKX Spot bp × 2 orders−$20.00
Fee OKX bp × 2 orders−$10.00
Net · 7 days · $10k−$241.44
Costs to cover2.529%Break-even87.9 days
Slippage: OKX Spot: live order book, 73 min ago; OKX: live order book, 50 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGOKX Spot6.7992.7 bp−$93doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTOKX6.9046.2 bp−$46doesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.
