Settings8H · net · $10k
LanguageThe language of the site
FundingPeriod funding rates are shown in
UnitsPercent or basis points
CostsCount taker fees and slippage in Net
SizePosition per leg used for Net and slippage
ExchangesWhich exchanges to include everywhere
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Backtest 30d
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG41.01000.0000% / 8h1h 00m$74K$87K10xLong OKX
SHORT41.000+0.0048get 0.0006% / 1h0m 21s$393K$1.0M20xShort Popdex
Price gap−0.024%
Funding gap+0.0048% /8h

Funding pays +$1 a day on $10k, but the gap is 0.024% under zero (no 7-day history yet): −$2 if it goes back, about 41 hours of funding.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding—+0.0048% /8h now · no funding history yet
Price—spread −0.024% now · no price history on both exchanges yet
Costsno datano order book for OKX
Result, before costs—no pointsneeds funding history

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

Popdex price against OKXnow
RANGE STATS · 7D
Now−0.024%
Average—
Range—
Wider than now—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

SOFTBANK on 6 exchanges

lowest funding first

Before you open

0 ok · 3 to watch
  • Note: Order book unknown—
    No order-book sample for OKX: its slippage is not counted.
  • Note: Margin at max leverage$1,000 + $500
    OKX 10x, Popdex 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • Watch: Payment intervals differ8h / 1h
    Payments land at different times. Close right after the slower leg pays.
    Next 24h at the current rates, on $10k a leg: +$1.44Long OKX: 3 payments, $0.00; short Popdex: 24 payments, +$1.44.
  • Note: No 7-day spread history−0.024%
    The gap cannot be compared with its average yet.
  • Watch: Long leg is thinner$74K vs $393K OI
    OKX sets your exit cost. Check its book before closing.
  • Note: No points program—
    Neither exchange runs points right now.
  • Watch: KYCOKX Yes · Popdex No
    Advanced verification before trading, deposits or withdrawals.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earnedno history yet: current rate+$10.08
Price spread−0.024% → 0−$2.44
Slippage, 4 ordersno data for OKX—
Fee OKX bp × 2 orders−$10.00
Fee Popdex bp × 2 orders−$6.40
Net, fees only · 7 days · $10k−$8.76
Costs to cover0.164%Break-even13.1 days
Slippage: OKX: no order-book sample; Popdex: live order book, 4 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGOKX—————
SELL · SHORTPopdex7.3260.4 bp−$6077.0 bp−$770doesn’t fitdoesn’t fit

Closing costs about the same again.
OKX: no data.

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