Funding you earn now, next payment 02:00 UTC−0.0040%/8h= −4.4% APRpaid last 24h −0.005%
Price spread now: OKX against Extended−0.275%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and OKX is 0.275% cheaper against Extended than usual: you would sell low and buy high (−$28 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended APP_24_5-USD | 330.49 | 0.0040 | pay 0.0005% / 1h | 17m 37s | $23K | $6K | 10x |
| Short | OKX APP-USDT-SWAP | 329.58 | 0 | get 0.0000% / 8h | 6h 17m | $418K | $375K | 25x |
Extended APP_24_5-USD
OKX APP-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against Extended. 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
- −$8.4
- Price spread: −0.275% → 0.000%
- −$27.53
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$50.93
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Extended: no order-book sample; OKX: live order book, 48 min ago. Net counts fees only.
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 Extended no order-book sample | — | — | — | — | — |
| Sell OKX live order book, 48 min ago | 9.08 bp | 59.2 bp −$59 | doesn't fit | doesn't fit | doesn't fit |
Extended: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
APP on 6 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance APPUSDT | 0.0000% | 8h | 329.53 | −0.289% | $3.0M | $3.8M | 25x | as long as short |
| OKX APP-USDT-SWAPshort | 0.0000% | 8h | 329.58 | −0.275% | $418K | $375K | 25x | |
| Gate APP_USDT | 0.0000% | 8h | 329.30 | −0.360% | $775K | $703K | 25x | as long as short |
| Bitget APPUSDT | 0.0000% | 8h | 329.50 | −0.300% | $560K | $558K | 20x | as long as short |
| HTX APP-USDT | 0.0000% | 8h | 329.43 | −0.321% | $9K | $237K | 10x | as long as short |
| Extended APP_24_5-USDlong | +0.0040% | 1h | 330.49 | long leg | $23K | $6K | 10x |
Binance APPUSDT
Gate APP_USDT
Bitget APPUSDT
HTX APP-USDT