Funding you earn now, next payment 06:00 UTC+0.0093%/8h= +10.2% APRpaid last 24h +0.151%
Price spread now: OKX against Extended+0.265%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 6 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and OKX is 0.265% dearer against Extended than usual: you sell high and buy low: +$26 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended ON_24_5-USD | 71.740 | 0.0040 | pay 0.0005% / 1h | 11m 35s | $2K | — | 10x |
| Short | OKX ON-USDT-SWAP | 71.930 | 0.0133 | get 0.0133% / 8h | 2h 11m | $304K | $419K | 10x |
Extended ON_24_5-USD
OKX ON-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against Extended. 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
- $19.47
- Price spread: +0.265% → 0.000%
- $26.48
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- $30.96
- Costs to cover
- 0.150%
- Break-even
- from the start
Slippage unknown: Extended: no order-book sample; OKX: live order book, 34 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 Extended no order-book sample | — | — | — | — | — |
| Sell OKX live order book, 34 min ago | 21.51 bp | 44.2 bp −$44 | doesn't fit | doesn't fit | doesn't fit |
Extended: 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.
ON on 3 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit ONUSDT | 0.0000% | 8h | 71.870 | +0.181% | $136K | $214K | 50x | as long as short |
| Extended ON_24_5-USDlong | +0.0040% | 1h | 71.740 | long leg | $2K | — | 10x | |
| OKX ON-USDT-SWAPshort | +0.0133% | 8h | 71.930 | +0.265% | $304K | $419K | 10x |
Bybit ONUSDT