Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 4.9935 | spot | no funding | — | — | $364K | 1x | Buy OKX Spot | |
| SHORT | 5.0060 | +0.0100 | get 0.0050% / 4h | 3h 43m | $946K | $1.7M | 50x | Short OKX |
Price gap+0.250%
Funding gap+0.0100% /8h
Both sides work: funding pays +$3 a day on $10k, and the gap is 0.350% above its 7d average: +$35 more if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$8+0.0100% /8h now · paid +0.075% over the last 7D
Price+$35spread +0.250% now, avg −0.100% → +0.350% if it goes back
Costs−$1171.167% of $10k · taker + slippage, in and out
Result−$74−0.74%no points
Price and funding
1h · historyPrice spread
Prices
Fundingper 8h
PRICE SPREAD · 7D
Now+0.250%
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
/8hZEN on 17 exchanges
lowest funding firstBefore you open
2 ok · 3 to watch- Watch: Thin at this size40.5 / 24.6 bpAt $10k entering OKX Spot costs 40.5 bp, fee and slippage, 1.6× OKX’s.
- Note: Spot in full, margin on the short$10,000 + $200The spot leg is bought with the whole $10k; OKX runs at up to 50x. 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: +$3.00Long OKX Spot: 0 payments, $0.00; short OKX: 6 payments, +$3.00.
- OK: Entry gap works for you+0.250% vs −0.100%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short leg is thin$946K 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+0.0036%/8h × 21 periods+$7.50
Price spread+0.250% → −0.100% (7d avg)+$35.04
Slippage, 4 orderslive order books−$86.65
Fee OKX Spot bp × 2 orders−$20.00
Fee OKX bp × 2 orders−$10.00
Net · 7 days · $10k−$74.11
Costs to cover1.167%Break-even76.1 days
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 Spot5.0540.5 bp−$40doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTOKX2.0024.6 bp−$25109.5 bp−$1,095doesn’t fitdoesn’t fit
Closing costs about the same again.
TxFlow