Funding you earn now, next payment 03:00 UTC−0.0874%/8h= −95.7% APRpaid last 24h −0.105%
Price spread now: OKX against tradeXYZ−0.009%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.519%+$52 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$26 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.519%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.519% in total (about 27.1% 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 | tradeXYZ xyz:KR200 | 1,137.1 | 0.1536 | pay 0.0192% / 1h | 50m 57s | $696K | $495K | 20x |
| Short | OKX KR200-USDT-SWAP | 1,137 | 0.0662 | get 0.0662% / 8h | 5h 50m | $75K | $76K | 10x |
tradeXYZ xyz:KR200
OKX KR200-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against tradeXYZ. 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
- −$183.54
- Price spread: −0.009% → 0.000%
- −$0.88
- Slippage, 4 orders
- no order book: not counted
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$212.42
- Costs to cover
- 0.280%
- Break-even
- never at this rate
Slippage unknown: tradeXYZ: live order book, 56 min ago; OKX: no order-book sample. 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 tradeXYZ live order book, 56 min ago | 6.16 bp | 19.3 bp −$19 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX no order-book sample | — | — | — | — | — |
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 | 1,136.7 | −0.035% | $709 | $324K | 20x | as long as short |
| OKX KR200-USDT-SWAPshort | +0.0662% | 8h | 1,137 | −0.009% | $75K | $76K | 10x | |
| Bitget KR200USDT | +0.1102% | 4h | 1,136.2 | −0.078% | $125K | $308K | 20x | as long as short |
| tradeXYZ xyz:KR200long | +0.1536% | 1h | 1,137.1 | long leg | $696K | $495K | 20x | |
| Extended KR200-USD | +0.1544% | 1h | 1,136.7 | −0.034% | $3K | $7K | 20x | as long as short |
HTX KR200-USDT
Bitget KR200USDT
Extended KR200-USD