Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.01036 | spot | no funding | — | — | $587K | 1x | Buy OKX Spot | |
| SHORT | 0.01034 | −0.0013 | pay 0.0007% / 4h | 3h 43m | $1.5M | $3.3M | 20x | Short OKX |
Price gap−0.265%
Funding gap−0.0013% /8h
Both sides work against this pair now: funding costs $0 a day on $10k and the gap is 0.165% under its 7d average. Spot cannot be shorted here, so there is no reverse.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$22−0.0013% /8h now · paid −0.224% over the last 7D
Price−$17spread −0.265% now, avg −0.100% → −0.165% if it goes back
Costs−$1111.108% of $10k · taker + slippage, in and out
Result−$150−1.50%no points
Price and funding
1h · historyPrice spread
Prices
Fundingper 8h
PRICE SPREAD · 7D
Now−0.265%
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
/8hW on 17 exchanges
lowest funding firstBefore you open
1 ok · 3 to watch- Watch: Thin at this size34.7 / 23.1 bpAt $10k entering OKX Spot costs 34.7 bp, fee and slippage, 1.5× 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: −$0.39Long OKX Spot: 0 payments, $0.00; short OKX: 6 payments, −$0.39.
- Watch: Gap narrower than usual−0.265% vs −0.100%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Note: Spot has no open interest$1.5M OIOnly OKX reports one; the spot book's depth is in the cost check above.
- 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−0.0106%/8h × 21 periods−$22.35
Price spread−0.265% → −0.100% (7d avg)−$16.55
Slippage, 4 orderslive order books−$80.79
Fee OKX Spot bp × 2 orders−$20.00
Fee OKX bp × 2 orders−$10.00
Net · 7 days · $10k−$149.68
Costs to cover1.108%Break-evennever at this rate
Slippage: OKX Spot: live order book, 16 min ago; OKX: live order book, 1 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGOKX Spot3.4134.7 bp−$35doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTOKX1.9323.1 bp−$23doesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.
W news
posts that mention W, from every exchange| 10-14 03:49 | Arcus | Listing | $W perpetuals are now live on Arcus. Up to 5x leverage. @arcus_xyz on X ↗ |
| 10-14 03:30 | Arcus | Listing | $W perpetuals are now live on Arcus. Up to 5x leverage. @arcus_xyz on X ↗ |
| 10-13 19:59 | Arcus | Listing | new market W-USD ($W) seen by our collector |
| 10-12 15:17 | Aster | Listing | New perp listings: $RSR with up to 5x leverage and $W with up to 10x leverage. @Aster_DEX on X ↗ |
| 10-12 14:13 | Aster | Listing | new market WUSDT ($W) seen by our collector |
Arcus
Aster