Funding arb · Price arb / Crypto
USELESS
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| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.2408 | +0.0993 | pay 0.0124% / 1h | 49m 14s | $234K | $508K | 10x | Long Arcus5% off | |
| SHORT | 0.2407 | +0.0100 | get 0.0050% / 4h | 1h 49m | $7.8M | $39.0M | 10x | Short OKX |
Price gap−0.054%
Funding gap−0.0893% /8h
The gap pays +$7 on $10k if it goes back to its 7d average, but funding costs $27 a day and eats that in about 6 hours.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$74−0.0893% /8h now · paid −0.740% over the last 5 days (all we have)
Price+$7spread −0.054% now, avg −0.125% → +0.071% if it goes back
Costs−$580.579% of $10k · taker + slippage, in and out
Funding history
you earnyou payavg
RANGE STATS · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Short leg rate minus long leg rate, per 8h. Above zero: the pair pays you.
Price spread between the two exchanges
OKX price against Arcusnow
RANGE STATS · 7D
Now−0.054%
Average—
Range—
Wider than now—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hUSELESS on 26 exchanges
lowest funding firstBefore you open
1 ok · 4 to watch- Watch: Thin at this size16.4 / 13.6 bpAt $10k entering Arcus costs 16.4 bp, fee and slippage, 1.2× OKX’s.
- Note: Margin at max leverage$1,000 + $1,000Arcus 10x, OKX 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ1h / 4hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: −$26.79Long Arcus: 24 payments, −$29.79; short OKX: 6 payments, +$3.00.
- OK: Entry gap works for you−0.054% vs −0.125%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Long leg is thinner$234K vs $7.8M OIArcus sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCArcus No · OKX YesAdvanced verification before trading, deposits or withdrawals.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0473%/8h × 21 periods−$99.37
Price spread−0.054% → −0.125% (7d avg)+$7.11
Slippage, 4 orderslive order books−$43.39
Fee Arcus bp × 2 orders−$4.50
Fee OKX bp × 2 orders−$10.00
Net · 7 days · $10k−$150.14
Costs to cover0.579%Break-evennever at this rate
Slippage: Arcus: live order book, 29 min ago; OKX: live order book, 4 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGArcus4.1716.4 bp−$1642.6 bp−$426doesn’t fitdoesn’t fit
SELL · SHORTOKX0.2113.6 bp−$1465.8 bp−$658doesn’t fitdoesn’t fit
Closing costs about the same again.
Nado