Funding you earn now, next payment 00:00 UTC−0.0052%/8h= −5.7% APRnext payment −$0.26 per $10,000 · paid last 24h −0.016%
Price spread now: MEXC against OKX−0.171%7-day average −0.072% · you buy dearer than you sell
Net, funding: paid 7d − costs−$123as in the Funding arb table
Net, price: spread back to 7d avg − costs−$141as in the Price arb table
costs, in and out, $10k−$1311.314% of the position
Funding, last 7 days+0.080%+$8 on $10k
+Price spread, last 4 days (all we have)+0.085%+$9 · spread now −0.171%, 7d avg −0.072%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and MEXC is 0.099% cheaper against OKX than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of −0.072%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.080%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX ACT-USDT-SWAP | 0.01112 | 0.0152 | pay 0.0076% / 4h | 5m 51s | $804K | $1.4M | 10x |
| Short | MEXC ACT_USDT | 0.01110 | 0.0100 | get 0.0050% / 4h | 5m 51s | $6.5M | $112K | 20x |
OKX ACT-USDT-SWAP
MEXC ACT_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against OKX. 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
- −$10.92
- Price spread: −0.171% → −0.072%
- −$9.92
- Slippage, 4 orders
- −$117.38
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$152.22
- Costs to cover
- 1.314%
- Break-even
- never at this rate
Slippage from OKX: live order book, 1 min ago; MEXC: live order book, 2 min ago.
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 OKX live order book, 1 min ago | 1.80 bp | 32.8 bp −$33 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 2 min ago | 4.51 bp | 23.7 bp −$24 | 61.6 bp −$616 | 132.0 bp −$13.2K | 371.3 bp −$185.7K |
ACT on 7 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 ACTUSDT | +0.0100% | 4h | 0.01110 | −0.198% | $2.1M | $2.3M | 10x | as long as short |
| Gate ACT_USDT | +0.0100% | 4h | 0.01110 | −0.162% | $143K | $83K | 25x | as long as short |
| MEXC ACT_USDTshort | +0.0100% | 4h | 0.01110 | −0.171% | $6.5M | $112K | 20x | |
| Bitget ACTUSDT | +0.0100% | 4h | 0.01110 | −0.162% | $267K | $86K | 10x | as long as short |
| BingX ACT-USDT | +0.0146% | 4h | 0.01111 | −0.090% | — | $1.3M | — | as long as short |
| OKX ACT-USDT-SWAPlong | +0.0152% | 4h | 0.01112 | long leg | $804K | $1.4M | 10x | |
| Bybit ACTUSDT | +0.0165% | 4h | 0.01112 | +0.054% | $599K | $392K | 25x | as long as short |
Binance ACTUSDT
Gate ACT_USDT
Bitget ACTUSDT
BingX ACT-USDT
Bybit ACTUSDT