Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.046%
Price spread now: MEXC against OKX0.000%7-day average −0.024% · you sell dearer than you buy
Net, funding: paid 7d − costs−$162as in the Funding arb table
Net, price: spread back to 7d avg − costs−$126as in the Price arb table
costs, in and out, $10k−$1291.288% of the position
Funding, last 7 days−0.331%−$33 on $10k
+Price spread, last 4 days (all we have)+0.063%+$6 · spread now 0.000%, 7d avg −0.024%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.024% dearer against OKX than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of −0.024%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX APR-USDT-SWAP | 0.1436 | 0.0100 | pay 0.0050% / 4h | 2h 20m | $1.2M | $2.3M | 20x |
| Short | MEXC APR_USDT | 0.1436 | 0.0100 | get 0.0050% / 4h | 2h 20m | $371K | $162K | 50x |
OKX APR-USDT-SWAP
MEXC APR_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
- $0
- Price spread: 0.000% → −0.024%
- $2.36
- Slippage, 4 orders
- −$110.76
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee MEXC: 4 bp × 2 orders
- −$8
- Net
- −$126.4
- Costs to cover
- 1.288%
- Break-even
- never at this rate
Slippage from OKX: live order book, 5 min ago; MEXC: live order book, 25 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, 5 min ago | 3.47 bp | 36.5 bp −$36 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 25 min ago | 6.90 bp | 23.0 bp −$23 | 82.9 bp −$829 | 268.6 bp −$26.9K | 812.8 bp −$406.4K |
APR on 12 exchanges
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 APRUSDT | +0.0100% | 4h | 0.1435 | −0.056% | $6.5M | $4.7M | 50x | as long as short |
| Bybit APRUSDT | +0.0100% | 4h | 0.1435 | −0.084% | $1.4M | $585K | 20x | as long as short |
| OKX APR-USDT-SWAPlong | +0.0100% | 4h | 0.1436 | long leg | $1.2M | $2.3M | 20x | |
| Gate APR_USDT | +0.0100% | 4h | 0.1437 | +0.042% | $687K | $194K | 25x | as long as short |
| MEXC APR_USDTshort | +0.0100% | 4h | 0.1436 | 0.000% | $371K | $162K | 50x | |
| Bitget APRUSDT | +0.0100% | 4h | 0.1436 | −0.014% | $3.8M | $1.0M | 50x | as long as short |
| BingX APR-USDT | +0.0100% | 4h | 0.1434 | −0.139% | — | $1.3M | — | as long as short |
| SunX APR-USDT | +0.0100% | 4h | 0.1439 | +0.195% | $2K | $1.1M | 20x | as long as short |
| HTX APR-USDT | +0.0100% | 4h | 0.1443 | +0.487% | $18K | $36K | 20x | as long as short |
| BloFin APR-USDT | +0.0109% | 4h | 0.1439 | +0.209% | $283K | $112K | 50x | as long as short |
Binance APRUSDT
Bybit APRUSDT
Gate APR_USDT
Bitget APRUSDT
BingX APR-USDT
SunX APR-USDT
HTX APR-USDT
BloFin APR-USDTShow all 12 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster APRUSDT | +0.0390% | 4h | 0.1435 | −0.065% | $69K | $73K | 5x | as long as short |
| KuCoin APRUSDTM | +0.0668% | 4h | 0.1438 | +0.125% | $2.3M | $329K | 50x | as long as short |
Aster APRUSDT
KuCoin APRUSDTM