Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 1,057.6 | +0.0184 | pay 0.0184% / 8h | 3h 56m | $940K | $661K | 50x | Long OKX | |
| SHORT | 1,055.6 | +0.0100 | get 0.0013% / 1h | 56m 50s | $25K | $114K | 50x | Short TxFlow5% off |
Price gap−0.187%53s
Funding gap−0.0084% /8h
Both sides work against this direction now: funding costs $3 a day on $10k and the gap is 0.072% under its 7d average. Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$12−0.0084% /8h now · paid −0.122% over the last 7D
Price—spread −0.187%53s now · prices read too far apart to compare
Costs−$510.512% of $10k · taker + slippage, in and out
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−0.187%
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
/8hXPD on 19 exchanges
lowest funding firstBefore you open
1 ok · 5 to watch- Watch: Thin at this size15.1 / 10.5 bpAt $10k entering OKX costs 15.1 bp, fee and slippage, 1.4× TxFlow’s.
- Note: Margin at max leverage$200 + $200OKX 50x, TxFlow 50x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ8h / 1hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: −$2.52Long OKX: 3 payments, −$5.52; short TxFlow: 24 payments, +$3.00.
- Watch: Prices read 53 s apart−0.187% vs −0.116%Part of this gap may be the market moving.
- Watch: Short leg is thinner$25K vs $940K OITxFlow sets your exit cost. Check its book before closing.
- OK: Points on a legTxFlow pointsVolume here counts toward the points program.
- Watch: KYCOKX Yes · TxFlow NoAdvanced verification before trading, deposits or withdrawals.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0058%/8h × 21 periods−$12.20
Price spreadprices read too far apart to compare—
Slippage, 4 orderslive order books−$32.19
Fee OKX bp × 2 orders−$10.00
Fee TxFlow bp × 2 orders−$9.00
Net · 7 days · $10k−$63.40
price spread not counted: prices read too far apartCosts to cover0.512%Break-evennever at this rate
Slippage: OKX: live order book, 59 min ago; TxFlow: live order book, 56 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGOKX1.4315.1 bp−$1592.1 bp−$921doesn’t fitdoesn’t fit
SELL · SHORTTxFlow0.5710.5 bp−$1034.8 bp−$348doesn’t fitdoesn’t fit
Closing costs about the same again.
Kalshi