Settings8H · net · $10k
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LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG2.1965spotno funding——$131K1xBuy OKX Spot
SHORT2.1850+0.0088get 0.0088% / 8h2h 02m$593K$432K20xShort 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 forecast
Funding+$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 · history
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

/8h

SSV on 11 exchanges

lowest funding first

Before you open

1 ok · 4 to watch
  • Watch: Thin at this size92.7 / 46.2 bp
    At $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 + $500
    The 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— / 8h
    The 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 OI
    OKX sets your exit cost. Check its book before closing.
  • Note: No points program—
    Neither exchange runs points right now.
  • Watch: KYCOKX Spot Yes · OKX Yes
    Advanced verification before trading, deposits or withdrawals.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding 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 ago

Cost to enter

taker + slippage from mid, one side
BUY · 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.

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