Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 22.775 | +0.0932 | pay 0.0932% / 8h | 30m 45s | $62K | $193K | 20x | Long OKX | |
| SHORT | 22.777 | +0.0289 | get 0.0036% / 1h | 30m 45s | $67K | $33K | 10x | Short tradeXYZ |
Price gap+0.009%
Funding gap−0.0644% /8h
Funding costs $19 a day on $10k at the current rate. Swap the legs.
Funding on this pair paid 0.684% over the last 7 days: the rate has only just turned.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$68−0.0644% /8h now · paid +0.684% over the last 7D
Price—spread +0.009% now · no price history on both exchanges yet
Costsno datano order book for tradeXYZ
Result, before costs—+ Points / potential airdroptradeXYZ: points · farm boardneeds both price histories
Funding history
you earnyou payavg
RANGE STATS · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Short leg rate minus long leg rate, per 8h. Above zero: the pair pays you.
Price spread between the two exchanges
tradeXYZ price against OKXnow
RANGE STATS · 7D
Now+0.009%
Average—
Range—
Wider than now—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hKSTR on 13 exchanges
lowest funding firstBefore you open
1 ok · 3 to watch- Note: Order book unknown—No order-book sample for tradeXYZ: its slippage is not counted.
- Note: Margin at max leverage$500 + $1,000OKX 20x, tradeXYZ 10x. 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: −$19.31Long OKX: 3 payments, −$27.97; short tradeXYZ: 24 payments, +$8.66.
- Note: No 7-day spread history+0.009%The gap cannot be compared with its average yet.
- Watch: Long leg is thinner$62K vs $67K OIOKX sets your exit cost. Check its book before closing.
- OK: Points on a legtradeXYZ pointsVolume here counts toward the points program.
- Watch: KYCOKX Yes · tradeXYZ NoAdvanced verification before trading, deposits or withdrawals.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0361%/8h × 21 periods+$75.88
Price spread+0.009% → 0+$0.88
Slippage, 4 ordersno data for tradeXYZ—
Fee OKX bp × 2 orders−$10.00
Fee tradeXYZ bp × 2 orders−$18.00
Net, fees only · 7 days · $10k+$48.75
Costs to cover0.280%Break-even2.5 days
Slippage: OKX: live order book, 59 min ago; tradeXYZ: no order-book sampleCost to enter
taker + slippage from mid, one sideBUY · LONGOKX3.93110.8 bp−$111doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTtradeXYZ—————
Closing costs about the same again.
tradeXYZ: no data.