Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: OKX against MEXC−0.134%7-day average −0.008% · you buy dearer than you sell
Net, funding: paid 7d − costs−$94as in the Funding arb table
Net, price: spread back to 7d avg − costs−$108as in the Price arb table
costs, in and out, $10k−$950.953% of the position
Funding, last 7 days+0.014%+$1 on $10k
+Price spread, last 4 days (all we have)+0.048%+$5 · spread now −0.134%, 7d avg −0.008%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.126% cheaper against MEXC than usual: you would sell low and buy high, −$13 on $10k if it goes back to its 7-day average of −0.008%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC AUCTION_USDT | 3.7240 | 0.0100 | pay 0.0050% / 4h | 3h 49m | $425K | $150K | 20x |
| Short | OKX AUCTION-USDT-SWAP | 3.7190 | 0.0100 | get 0.0050% / 4h | 3h 49m | $789K | $761K | 20x |
MEXC AUCTION_USDT
OKX AUCTION-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
- $0
- Price spread: −0.134% → −0.008%
- −$12.61
- Slippage, 4 orders
- −$81.33
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$107.94
- Costs to cover
- 0.953%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 36 min ago; OKX: live order book, 46 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, 36 min ago | 2.70 bp | 14.7 bp −$15 | 56.4 bp −$564 | 84.6 bp −$8,460 | 197.3 bp −$98.7K |
| Sell OKX live order book, 46 min ago | 4.05 bp | 29.9 bp −$30 | 1649.1 bp −$16.5K | doesn't fit | doesn't fit |
AUCTION 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_AUCTIONUSD | −0.0718% | 1h | 3.7312 | +0.194% | $7K | $2K | 10x | as long as short |
| Aster AUCTIONUSDT | +0.0100% | 4h | 3.7221 | −0.051% | $715 | $3K | 5x | as long as short |
| Binance AUCTIONUSDT | +0.0100% | 4h | 3.7234 | −0.016% | $2.5M | $1.9M | 50x | as long as short |
| Bybit AUCTIONUSDT | +0.0100% | 4h | 3.7260 | +0.054% | $573K | $345K | 25x | as long as short |
| OKX AUCTION-USDT-SWAPshort | +0.0100% | 4h | 3.7190 | −0.134% | $789K | $761K | 20x | |
| Gate AUCTION_USDT | +0.0100% | 8h | 3.7200 | −0.107% | $102K | $73K | 50x | as long as short |
| MEXC AUCTION_USDTlong | +0.0100% | 4h | 3.7240 | long leg | $425K | $150K | 20x | |
| KuCoin AUCTIONUSDTM | +0.0100% | 4h | 3.7210 | −0.081% | $345K | $131K | 20x | as long as short |
| Bitget AUCTIONUSDT | +0.0100% | 4h | 3.7240 | 0.000% | $367K | $181K | 25x | as long as short |
| BingX AUCTION-USDT | +0.0100% | 4h | 3.7220 | −0.054% | — | $16.5M | — | as long as short |
Kraken Futures PF_AUCTIONUSD
Aster AUCTIONUSDT
Binance AUCTIONUSDT
Bybit AUCTIONUSDT
Gate AUCTION_USDT
KuCoin AUCTIONUSDTM
Bitget AUCTIONUSDT
BingX AUCTION-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni AUCTION | +0.0100% | 4h | 3.7234 | −0.016% | $172 | $38 | — | as long as short |
Variational Omni AUCTION