Funding you earn now, next payment 08:00 UTC+0.0242%/8h= +26.5% APRnext payment +$1.21 per $10,000 · paid last 24h +0.069%
Price spread now: OKX against MEXC+0.068%7-day average +0.019% · you sell dearer than you buy
Net, funding: paid 7d − costs−$73as in the Funding arb table
Net, price: spread back to 7d avg − costs−$100as in the Price arb table
costs, in and out, $10k−$1051.054% of the position
Funding, last 7 days+0.325%+$33 on $10k
+Price spread, last 4 days (all we have)−0.152%−$15 · spread now +0.068%, 7d avg +0.019%
=Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and OKX is 0.049% dearer against MEXC than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.019%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC APR_USDT | 0.1472 | 0.0100 | pay 0.0050% / 4h | 3h 30m | $358K | $175K | 50x |
| Short | OKX APR-USDT-SWAP | 0.1473 | 0.0342 | get 0.0171% / 4h | 3h 30m | $1.3M | $2.5M | 20x |
MEXC APR_USDT
OKX APR-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
- $50.9
- Price spread: +0.068% → +0.019%
- $4.92
- Slippage, 4 orders
- −$87.36
- Fee MEXC: 4 bp × 2 orders
- −$8
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$49.54
- Costs to cover
- 1.054%
- Break-even
- 13.8 days
Slippage from MEXC: live order book, 5 min ago; OKX: 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 MEXC live order book, 5 min ago | 3.40 bp | 18.4 bp −$18 | 81.2 bp −$812 | 266.0 bp −$26.6K | 759.6 bp −$379.8K |
| Sell OKX live order book, 2 min ago | 6.78 bp | 35.6 bp −$36 | 368.9 bp −$3,689 | doesn't fit | doesn't fit |
APR on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin APR-USDT | +0.0074% | 4h | 0.1474 | +0.136% | $288K | $110K | 50x | as long as short |
| Binance APRUSDT | +0.0100% | 4h | 0.1473 | +0.093% | $6.7M | $5.2M | 50x | as long as short |
| Bybit APRUSDT | +0.0100% | 4h | 0.1471 | −0.068% | $1.4M | $642K | 20x | as long as short |
| MEXC APR_USDTlong | +0.0100% | 4h | 0.1472 | long leg | $358K | $175K | 50x | |
| SunX APR-USDT | +0.0100% | 4h | 0.1474 | +0.115% | $1K | $1.1M | 20x | as long as short |
| HTX APR-USDT | +0.0100% | 4h | 0.1478 | +0.408% | $19K | $58K | 20x | as long as short |
| Bitget APRUSDT | +0.0310% | 4h | 0.1474 | +0.170% | $3.9M | $986K | 50x | as long as short |
| OKX APR-USDT-SWAPshort | +0.0342% | 4h | 0.1473 | +0.068% | $1.3M | $2.5M | 20x | |
| BingX APR-USDT | +0.0356% | 4h | 0.1472 | 0.000% | — | $1.4M | — | as long as short |
| Gate APR_USDT | +0.0466% | 4h | 0.1472 | −0.007% | $694K | $192K | 25x | as long as short |
BloFin APR-USDT
Binance APRUSDT
Bybit APRUSDT
SunX APR-USDT
HTX APR-USDT
Bitget APRUSDT
BingX APR-USDT
Gate APR_USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster APRUSDT | +0.0891% | 4h | 0.1472 | +0.021% | $71K | $80K | 5x | as long as short |
| KuCoin APRUSDTM | +0.0966% | 4h | 0.1473 | +0.041% | $2.4M | $340K | 50x | as long as short |
Aster APRUSDT
KuCoin APRUSDTM