Funding you earn now, next payment 12:00 UTC+0.0024%/8h= +2.7% APRpaid last 24h −0.107%
Price spread now: edgeX against OKX−0.027%111s7-day average +0.011% · you buy dearer than you sell
Net, funding: paid 7d − costs−$406as 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
Funding pays, the price is against you. edgeX is 0.038% cheaper against OKX than usual: you would sell low and buy high (spread −0.027% now, against its 7-day average of +0.011%). If the spread goes back, that is −$4 on $10k: about 5.2 days of funding at the current rate (+$1 a day). 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 | OKX OUST-USDT-SWAP | 37.930 | 0 | get 0.0000% / 8h | 6h 57m | $104K | $242K | 20x |
| Short | edgeX OUSTUSDC | 37.920 | 0.0024 | get 0.0012% / 4h | 2h 57m | $39K | $270K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against OKX. 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 OKX: 5 bp × 2 orders
- −$10
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$424.86
- Costs to cover
- 4.262%
- Break-even
- 589.8 days
Slippage from OKX: live order book, 32 min ago; edgeX: live order book, 35 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 OKX live order book, 32 min ago | 9.28 bp | 185.8 bp −$186 | doesn't fit | doesn't fit | doesn't fit |
| Sell edgeX live order book, 35 min ago | 17.24 bp | 39.9 bp −$40 | 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 | −0.079% | $423K | $262K | 20x | as long as short |
| Bybit OUSTUSDT | 0.0000% | 8h | 38.060 | +0.343% | $537K | $394K | 25x | as long as short |
| OKX OUST-USDT-SWAPlong | 0.0000% | 8h | 37.930 | long leg | $104K | $242K | 20x | |
| QFEX OUST-USD | 0.0000% | 1h | 38.040 | +0.290% | $1.2M | $530K | 10x | as long as short |
| Gate OUST_USDT | 0.0000% | 8h | 37.960 | +0.079% | $79K | $18K | 20x | as long as short |
| edgeX OUSTUSDCshort | +0.0024% | 4h | 37.920 | −0.027% | $39K | $270K | 10x | |
| HTX OUST-USDT | +0.0100% | 8h | 37.930 | 0.000% | $4K | $343K | 20x | as long as short |
OKX OUST-USDT-SWAP
edgeX OUSTUSDC
Bitget OUSTUSDT
Bybit OUSTUSDT
Gate OUST_USDT
HTX OUST-USDT