Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 81.449 | −0.0281 | get 0.0035% / 1h | 6m 15s | $5.5M | $405K | 20x | Long tradeXYZ | |
| SHORT | 81.681 | 0 | 0.0000% / 8h | 5h 06m | $74K | $31K | 20x | Short OKX |
Price gap+0.285%
Funding gap+0.0281% /8h
Both sides work: funding pays +$8 a day on $10k, and the gap is 0.285% above zero (no 7-day history yet): +$28 more if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$33+0.0281% /8h now · paid −0.334% over the last 7D
Price—spread +0.285% now · no price history on both exchanges yet
Costsno datano order book for OKX
Result, before costs—+ Points / potential airdroptradeXYZ: points · farm boardneeds both price histories
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+0.285%
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
/8hTLT on 13 exchanges
lowest funding firstBefore you open
1 ok · 3 to watch- Note: Order book unknown—No order-book sample for OKX: its slippage is not counted.
- Note: Margin at max leverage$500 + $500tradeXYZ 20x, OKX 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ1h / 8hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: +$8.44Long tradeXYZ: 24 payments, +$8.44; short OKX: 3 payments, $0.00.
- Note: No 7-day spread history+0.285%The gap cannot be compared with its average yet.
- Watch: Short leg is thinner$74K vs $5.5M OIOKX sets your exit cost. Check its book before closing.
- OK: Points on a legtradeXYZ pointsVolume here counts toward the points program.
- Watch: KYCtradeXYZ No · OKX YesAdvanced verification before trading, deposits or withdrawals.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0159%/8h × 21 periods−$33.44
Price spread+0.285% → 0+$28.48
Slippage, 4 ordersno data for OKX—
Fee tradeXYZ bp × 2 orders−$1.80
Fee OKX bp × 2 orders−$10.00
Net, fees only · 7 days · $10k−$16.75
Costs to cover0.118%Break-evenfrom the start
Slippage: tradeXYZ: live order book, 8 min ago; OKX: no order-book sampleCost to enter
taker + slippage from mid, one sideBUY · LONGtradeXYZ3.074.3 bp−$439.0 bp−$390doesn’t fitdoesn’t fit
SELL · SHORTOKX—————
Closing costs about the same again.
OKX: no data.
| 10-21 18:18 | Markets by Kinetiq | Other | Short tail HIP-3 offerings include US500, USTECH, TLT, IWM @Markets_xyz on X ↗ |
| 10-14 09:44 | OKX | Listing | new market TLT-USDT-SWAP ($TLT) seen by our collector |
| 10-13 18:55 | Phoenix | Listing | Now live on Phoenix: $TLT - 20x leverage $IBM - 10x leverage $TXN - 5x leverage $ORCA - 5x leverage @PhoenixTrade on X ↗ |
| 10-13 17:00 | Phoenix | Listing | new market TLT ($TLT) seen by our collector |
| 10-10 22:30 | Kalshi | Other | BREAKING: Treasury bond $TLT call option volume soars to the highest level in history as traders bet on yields coming down @Kalshi on X ↗ |
| 10-04 16:30 | Kalshi | Other | BREAKING: Retail investors are buying the TLT dip at a record pace as the bond ETF sinks 55% below its 2020 peak @Kalshi on X ↗ |


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