Funding you earn now, next payment 12:00 UTC−0.0588%/8h= −64.4% APRnext payment −$2.94 per $10,000 · paid last 24h −0.154%
Price spread now: OKX against MEXC−0.008%7-day average −0.203% · you buy dearer than you sell
Net, funding: paid 7d − costs−$216as in the Funding arb table
Net, price: spread back to 7d avg − costs−$164as in the Price arb table
costs, in and out, $10k−$1831.829% of the position
Funding, last 7 days−0.327%−$33 on $10k
+Price spread, last 4 days (all we have)−0.043%−$4 · spread now −0.008%, 7d avg −0.203%
=The price spread pays, funding is against you. OKX is 0.194% dearer against MEXC than usual: you sell high and buy low (spread −0.008% now, against its 7-day average of −0.203%): +$19 on $10k if it goes back. Holding the pair costs −$18 a day in funding at the current rate, which eats that in about 26 hours. At the pace of the last 7 days (−0.327% in total) that is about 4.2 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.327% in total (about -17.1% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.94 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC ACU_USDT | 0.1215 | 0.0688 | pay 0.0344% / 4h | 3h 46m | $14.0M | $373K | 50x |
| Short | OKX ACU-USDT-SWAP | 0.1215 | 0.0100 | get 0.0050% / 4h | 3h 46m | $221K | $319K | 10x |
MEXC ACU_USDT
OKX ACU-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against MEXC. 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
- −$123.48
- Price spread: −0.008% → −0.203%
- $19.43
- Slippage, 4 orders
- −$168.95
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$286.99
- Costs to cover
- 1.829%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 2 min ago; OKX: live order book, 49 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 MEXC live order book, 2 min ago | 2.47 bp | 39.6 bp −$40 | 88.8 bp −$888 | 460.7 bp −$46.1K | doesn't fit |
| Sell OKX live order book, 49 min ago | 4.94 bp | 56.8 bp −$57 | doesn't fit | doesn't fit | doesn't fit |
ACU on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit ACUUSDT | +0.0100% | 4h | 0.1215 | +0.008% | $856K | $698K | 13x | as long as short |
| OKX ACU-USDT-SWAPshort | +0.0100% | 4h | 0.1215 | −0.008% | $221K | $319K | 10x | |
| Gate ACU_USDT | +0.0100% | 4h | 0.1213 | −0.123% | $174K | $22K | 10x | as long as short |
| KuCoin ACUUSDTM | +0.0100% | 4h | 0.1214 | −0.058% | $563K | $29K | 10x | as long as short |
| SunX ACU-USDT | +0.0100% | 4h | 0.1213 | −0.132% | $2K | $1.5M | 20x | as long as short |
| Bitget ACUUSDT | +0.0120% | 4h | 0.1218 | +0.263% | $236K | $259K | 10x | as long as short |
| Aster ACUUSDT | +0.0486% | 4h | 0.1214 | −0.083% | $2K | $5K | 5x | as long as short |
| BingX ACU-USDT | +0.0662% | 4h | 0.1215 | +0.025% | — | $1.3M | — | as long as short |
| MEXC ACU_USDTlong | +0.0688% | 4h | 0.1215 | long leg | $14.0M | $373K | 50x | |
| Binance ACUUSDT | +0.0690% | 4h | 0.1215 | −0.016% | $2.6M | $1.9M | 10x | as long as short |
Bybit ACUUSDT
Gate ACU_USDT
KuCoin ACUUSDTM
SunX ACU-USDT
Bitget ACUUSDT
Aster ACUUSDT
BingX ACU-USDT
Binance ACUUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin ACU-USDT | +0.0721% | 4h | 0.1215 | +0.058% | $117K | $61K | 10x | as long as short |
BloFin ACU-USDT