2Z

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.003%

Price spread now: MEXC against OKX+0.096%7-day average +0.085% · you sell dearer than you buy

Net, funding: paid 7d − costs−$137as in the Funding arb table

Net, price: spread back to 7d avg − costs−$91as in the Price arb table

costs, in and out, $10k−$920.924% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days−0.447%−$45 on $10k

Price spread, last 4 days (all we have)+0.088%+$9 · spread now +0.096%, 7d avg +0.085%

Together, before fees−0.359%−$36 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX 2Z-USDT-SWAP	0.05230	0.0100	pay 0.0050% / 4h	24m 56s	$450K	$724K	20x
Short	MEXC 2Z_USDT	0.05235	0.0100	get 0.0050% / 4h	24m 56s	$293K	$126K	50x

Funding history

latest

Range statsloading…

MEXC against OKX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Position, each leg$Hold fordaysFee OKXbpFee MEXCbpOrdersPrice spread, now +0.096%Rate

Slippage from OKX: live order book, 31 min ago; MEXC: live order book, 15 min ago.

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, 31 min ago	5.76 bp	29.7 bp −$30	1676.9 bp −$16.8K	doesn't fit	doesn't fit
Sell MEXC live order book, 15 min ago	7.68 bp	13.1 bp −$13	71.9 bp −$719	258.0 bp −$25.8K	doesn't fit

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
Backpack 2Z_USDC_PERP	−0.0672%	1h	0.05226	−0.076%	$46K	$29K	5x	as long as short
Injective 2Z/USDC PERP	+0.0033%	1h	0.04980	−4.780%	$867	$213	5.5x	as long as short
Lighter 2Z	+0.0096%	1h	0.05242	+0.229%	$17K	$8K	3x	as long as short
Hyperliquid 2Z	+0.0100%	1h	0.05230	+0.010%	$675K	$367K	3x	as long as short
Aster 2ZUSDT	+0.0100%	4h	0.05235	+0.097%	$12K	$57K	5x	as long as short
Pacifica 2Z	+0.0100%	1h	0.05233	+0.055%	$75K	$14K	3x	as long as short
Binance 2ZUSDT	+0.0100%	4h	0.05229	−0.014%	$2.1M	$2.2M	50x	as long as short
Bybit 2ZUSDT	+0.0100%	4h	0.05235	+0.096%	$691K	$979K	50x	as long as short
OKX 2Z-USDT-SWAPlong	+0.0100%	4h	0.05230	long leg	$450K	$724K	20x
Gate 2Z_USDT	+0.0100%	4h	0.05230	0.000%	$91K	$65K	50x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC 2Z_USDTshort	+0.0100%	4h	0.05235	+0.096%	$293K	$126K	50x
KuCoin 2ZUSDTM	+0.0100%	4h	0.05231	+0.021%	$193K	$53K	50x	as long as short
Bitget 2ZUSDT	+0.0100%	4h	0.05230	0.000%	$153K	$635K	50x	as long as short
BingX 2Z-USDT	+0.0100%	4h	0.05232	+0.038%	—	$6.5M	—	as long as short
Variational Omni 2Z	+0.0100%	4h	0.05234	+0.068%	$33K	$29K	—	as long as short
SunX 2Z-USDT	+0.0100%	4h	0.05237	+0.134%	$2K	$1.2M	20x	as long as short
Kraken Futures PF_2ZUSD	+0.0797%	1h	0.05240	+0.187%	$5K	$3K	10x	as long as short