Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.005196 | spot | no funding | — | — | $73K | 1x | Buy OKX Spot | |
| SHORT | 0.005182 | +0.0069 | get 0.0034% / 4h | 3h 42m | $296K | $292K | 10x | Short OKX |
Price gap−0.279%
Funding gap+0.0069% /8h
Funding pays +$2 a day on $10k, but the gap is 0.095% under its 7d average: −$9 if it goes back, about 4.6 days of funding. At the last 7 days' pace that is about 9.3 days.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$7+0.0069% /8h now · paid +0.071% over the last 7D
Price−$9spread −0.279% now, avg −0.184% → −0.095% if it goes back
Costsno datano order book for OKX Spot
Result, before costs−$2−0.02%no pointscosts unknown: no order book for OKX Spot ·
Price and funding
1h · historyPrice spread
Prices
Fundingper 8h
PRICE SPREAD · 7D
Now−0.279%
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
/8hZORA on 16 exchanges
lowest funding firstBefore you open
1 ok · 3 to watch- Note: Order book unknown—No order-book sample for OKX Spot: its slippage is not counted.
- Note: Spot in full, margin on the short$10,000 + $1,000The spot leg is bought with the whole $10k; OKX runs at up to 10x. 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: +$2.07Long OKX Spot: 0 payments, $0.00; short OKX: 6 payments, +$2.07.
- Watch: Gap narrower than usual−0.279% vs −0.184%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thin$296K 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+0.0034%/8h × 21 periods+$7.11
Price spread−0.279% → −0.184% (7d avg)−$9.46
Slippage, 4 ordersno data for OKX Spot—
Fee OKX Spot bp × 2 orders−$20.00
Fee OKX bp × 2 orders−$10.00
Net, fees only · 7 days · $10k−$32.36
Costs to cover0.300%Break-even38.9 days
Slippage: OKX Spot: no order-book sample; OKX: live order book, 35 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGOKX Spot—————
SELL · SHORTOKX3.8458.0 bp−$58doesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.
OKX Spot: no data.