Funding you earn now, next payment 12:00 UTC−0.0024%/8h= −2.7% APRpaid last 24h +0.107%
Price spread now: OKX against edgeX+0.027%111s7-day average −0.011% · you sell dearer than you buy
Net, funding: paid 7d − costs−$446as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$4264.262% of the position
Funding, last 7 days−0.200%−$20 on $10k
+Price spread, last 4 days (all we have)−0.184%−$18 · spread now +0.027%, 7d avg −0.011%
=Together, before fees−0.384%+ Points / potential airdropedgeX: Active · farm board−$38 on $10k · with fees, hour by hour
The price spread pays, funding is against you. OKX is 0.038% dearer against edgeX than usual: you sell high and buy low (spread +0.027% now, against its 7-day average of −0.011%): +$4 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 5.2 days. At the pace of the last 7 days (−0.200% in total) that is about 32 hours. The two prices were read 111 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX OUSTUSDC | 37.920 | 0.0024 | pay 0.0012% / 4h | 2h 57m | $39K | $270K | 10x |
| Short | OKX OUST-USDT-SWAP | 37.930 | 0 | get 0.0000% / 8h | 6h 57m | $104K | $242K | 20x |
edgeX OUSTUSDC
OKX OUST-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against edgeX. 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
- −$5.1
- Price spread: +0.027% → −0.011%
- $3.78
- Slippage, 4 orders
- −$407.19
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$427.51
- Costs to cover
- 4.262%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 35 min ago; OKX: live order book, 32 min ago.
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 edgeX live order book, 35 min ago | 17.24 bp | 37.3 bp −$37 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 32 min ago | 9.28 bp | 163.1 bp −$163 | doesn't fit | doesn't fit | doesn't fit |
OUST on 7 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget OUSTUSDT | −0.0412% | 8h | 37.900 | −0.052% | $423K | $262K | 20x | as long as short |
| Bybit OUSTUSDT | 0.0000% | 8h | 38.060 | +0.370% | $537K | $394K | 25x | as long as short |
| OKX OUST-USDT-SWAPshort | 0.0000% | 8h | 37.930 | +0.027% | $104K | $242K | 20x | |
| QFEX OUST-USD | 0.0000% | 1h | 38.040 | +0.317% | $1.2M | $530K | 10x | as long as short |
| Gate OUST_USDT | 0.0000% | 8h | 37.960 | +0.106% | $79K | $18K | 20x | as long as short |
| edgeX OUSTUSDClong | +0.0024% | 4h | 37.920 | long leg | $39K | $270K | 10x | |
| HTX OUST-USDT | +0.0100% | 8h | 37.930 | +0.027% | $4K | $343K | 20x | as long as short |
Bitget OUSTUSDT
Bybit OUSTUSDT
QFEX OUST-USD
Gate OUST_USDT
HTX OUST-USDT