Funding you earn now, next payment 02:00 UTC+0.1012%/8h= +110.8% APRpaid last 24h +0.056%
Price spread now: tradeXYZ against OKX+0.097%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.575%−$58 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$30 a day on $10k at the current rate, and tradeXYZ is 0.097% dearer against OKX than usual: you sell high and buy low: +$10 more if the spread goes back to zero (this spread has no 7-day history yet). Mind the row above: over the last 7 days funding on this pair cost −0.575%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.575% in total (about -30.0% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX KR200-USDT-SWAP | 1,137.1 | 0.0574 | pay 0.0574% / 8h | 6h 57m | $76K | $67K | 10x |
| Short | tradeXYZ xyz:KR200 | 1,138.2 | 0.1586 | get 0.0198% / 1h | 57m 12s | $638K | $497K | 20x |
OKX KR200-USDT-SWAP
tradeXYZ xyz:KR200Funding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ against OKX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $212.43
- Price spread: +0.097% → 0.000%
- $9.67
- Slippage, 4 orders
- no order book: not counted
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- $194.1
- Costs to cover
- 0.280%
- Break-even
- 0.6 days
Slippage unknown: OKX: no order-book sample; tradeXYZ: live order book, 59 min ago. Net counts fees only.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy OKX no order-book sample | — | — | — | — | — |
| Sell tradeXYZ live order book, 59 min ago | 16.66 bp | 27.7 bp −$28 | doesn't fit | doesn't fit | doesn't fit |
OKX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
KR200 on 5 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX KR200-USDT | 0.0000% | 1h | 1,140.1 | +0.264% | $893 | $322K | 20x | as long as short |
| OKX KR200-USDT-SWAPlong | +0.0574% | 8h | 1,137.1 | long leg | $76K | $67K | 10x | |
| Bitget KR200USDT | +0.0596% | 4h | 1,138.7 | +0.140% | $131K | $313K | 20x | as long as short |
| Extended KR200-USD | +0.1560% | 1h | 1,138.1 | +0.088% | $3K | $14K | 20x | as long as short |
| tradeXYZ xyz:KR200short | +0.1586% | 1h | 1,138.2 | +0.097% | $638K | $497K | 20x |
HTX KR200-USDT
Bitget KR200USDT
Extended KR200-USD