Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 34.820 | −1.0000 | get 1.0000% / 8h | 7h 56m | $634K | $4.2M | 20x | Long OKX | |
| SHORT | 40.448 | −0.8216 | pay 0.1027% / 1h | 56m 51s | $229K | $639K | 20x | Short Extended10% off |
Price gap+16.163%
Funding gap+0.1784% /8h
Both sides work: funding pays +$54 a day on $10k, and the gap is 16.274% above its 7d average: +$1,627 more if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$32+0.1784% /8h now · paid +0.323% over the last 7D
Price+$1,627spread +16.163% now, avg −0.111% → +16.274% if it goes back
Costs−$1151.151% of $10k · taker + slippage, in and out
Result+$1,545+15.45%+ Points / potential airdropExtended: points · farm boardWhat the last 7D really paid, hour by hour → backtest
The current funding rate is far above what this pair has been paying: over the last 7 days it paid +0.323% in total, about +0.0155%/8h on average.
Price and funding
1h · historyEntry / Exit
Price spread
Prices
Fundingper 8h
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now+16.163%
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
/8hEWZ on 16 exchanges
lowest funding firstBefore you open
2 ok · 4 to watch- Watch: Thin at this size25.1 / 41.5 bpAt $10k entering Extended costs 41.5 bp, fee and slippage, 1.7× OKX’s.
- Note: Margin at max leverage$500 + $500OKX 20x, Extended 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ8h / 1hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: +$53.52Long OKX: 3 payments, +$300.00; short Extended: 24 payments, −$246.48.
- OK: Entry gap works for you+16.163% vs −0.111%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short leg is thinner$229K vs $634K OIExtended sets your exit cost. Check its book before closing.
- OK: Points on a legExtended pointsVolume here counts toward the points program.
- Watch: KYCOKX Yes · Extended NoAdvanced verification before trading, deposits or withdrawals.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0155%/8h × 21 periods+$32.49
Price spread+16.163% → −0.111% (7d avg)+$1,627.40
Slippage, 4 orderslive order books−$100.11
Fee OKX bp × 2 orders−$10.00
Fee Extended bp × 2 orders−$5.00
Net · 7 days · $10k+$1,544.78
Costs to cover1.151%Break-evenfrom the start
Slippage: OKX: live order book, 5 min ago; Extended: live order book, 18 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGOKX2.6825.1 bp−$25132.4 bp−$1,324doesn’t fitdoesn’t fit
SELL · SHORTExtended8.5741.5 bp−$42doesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.
| 10-21 11:27 | Kraken Futures | Listing | new market PF_EWZUSD ($EWZ) seen by our collector |
| 10-20 16:58 | Extended | Listing | Now available to trade: $NOW and $LYTE (ServiceNow and Roundhill Photonics & Optics ETF) with up to 10x leverage, $EWZ (iShares MSCI Brazil ETF) with up to 20x leverage and $BOT (RoboStrategy) with up to 5x leverage @extendedapp on X ↗ |
| 10-20 14:51 | Extended | Listing | new market EWZ-USD ($EWZ) seen by our collector |
| 10-05 03:15 | Backpack | Other | JUST IN: Flávio Bolsonaro finishes ahead of Lula in the first round of Brazil’s presidential election. The two advance to an Oct. 25 runoff. $EWZ +9.8% overnight. @Backpack on X ↗ |


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