Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 38.307 | 0 | 0.0000% / 8h | 3h 10m | $126K | $27K | 20x | Long OKX | |
| SHORT | 38.300 | 0 | 0.0000% / 8h | 3h 10m | — | $922K | 10x | Short SunX≤10% back |
Price gap−0.018%
Funding gap0.0000% /8h
Funding is ≈ 0 and the gap is 0.086% under its 7d average: the price leg works against you, −$9 on $10k if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$160.0000% /8h now · paid −0.160% over the last 6 days (all we have)
Price−$9spread −0.018% now, avg +0.068% → −0.086% if it goes back
Costsdoesn’t fit$10k a leg is deeper than the books hold
Result, before costs−$25−0.25%no pointscosts unknown: book too thin at $10k · What the last 7D really paid, hour by hour → backtest
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−0.018%
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
/8hMP on 10 exchanges
lowest funding firstBefore you open
1 ok · 4 to watch- Problem: Doesn’t fit the books—$10k a leg is deeper than SunX’s order book right now.
- Note: Margin at max leverage$500 + $1,000OKX 20x, SunX 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- OK: Same payment interval8h / 8hBoth legs pay at the same time.Next 24h at the current rates, on $10k a leg: $0.00Long OKX: 3 payments, $0.00; short SunX: 3 payments, $0.00.
- Watch: Gap narrower than usual−0.018% vs +0.068%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thinner— vs $126K OISunX sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCOKX Yes · SunX NoAdvanced verification before trading, deposits or withdrawals.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0086%/8h × 21 periods−$18.01
Price spread−0.018% → +0.068% (7d avg)−$8.59
Slippage, 4 ordersdoesn’t fit the book at $10k—
Fee OKX bp × 2 orders−$10.00
Fee SunX bp × 2 orders−$8.00
Net · 7 days · $10k—
doesn’t fit the books at $10kCosts to cover—Break-even—
Slippage: OKX: live order book, 51 min ago; SunX: live order book, 24 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGOKX10.48139.9 bp−$140doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTSunX65.32doesn’t fitdoesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.
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