Funding arb · Price arb / Crypto
USELESS
All USELESS markets →| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.2389 | +0.0100 | pay 0.0050% / 4h | 2h 33m | $7.8M | $39.8M | 10x | Long OKX | |
| SHORT | 0.2389 | +0.0826 | get 0.0103% / 1h | 33m 30s | $233K | $571K | 10x | Short Arcus5% off |
Price gap+0.017%
Funding gap+0.0726% /8h
Funding pays +$22 a day on $10k, but the gap is 0.109% under its 7d average: −$11 if it goes back, about 12 hours of funding.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$73+0.0726% /8h now · paid +0.730% over the last 5 days (all we have)
Price−$11spread +0.017% now, avg +0.126% → −0.109% if it goes back
Costs−$620.622% 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
Arcus price against OKXnow
RANGE STATS · 7D
Now+0.017%
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
0 ok · 5 to watch- Watch: Thin at this size19.9 / 5.1 bpAt $10k entering OKX costs 19.9 bp, fee and slippage, 3.9× Arcus’s.
- Note: Margin at max leverage$1,000 + $1,000OKX 10x, Arcus 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ4h / 1hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: +$21.77Long OKX: 6 payments, −$3.00; short Arcus: 24 payments, +$24.77.
- Watch: Gap narrower than usual+0.017% vs +0.126%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thinner$233K vs $7.8M OIArcus sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCOKX Yes · Arcus NoAdvanced verification before trading, deposits or withdrawals.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0469%/8h × 21 periods+$98.57
Price spread+0.017% → +0.126% (7d avg)−$10.88
Slippage, 4 orderslive order books−$47.67
Fee OKX bp × 2 orders−$10.00
Fee Arcus bp × 2 orders−$4.50
Net · 7 days · $10k+$25.52
Costs to cover0.622%Break-even5.2 days
Slippage: OKX: live order book, 5 min ago; Arcus: live order book, 50 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGOKX0.4219.9 bp−$2082.8 bp−$828doesn’t fitdoesn’t fit
SELL · SHORTArcus2.075.1 bp−$526.9 bp−$269doesn’t fitdoesn’t fit
Closing costs about the same again.
