Funding you earn now, next payment 04:00 UTC+0.0534%/8h= +58.5% APRnext payment +$2.67 per $10,000 · paid last 24h +0.001%
Price spread now: OKX against MEXC+0.060%7-day average +0.047% · you sell dearer than you buy
Net, funding: paid 7d − costs−$58as in the Funding arb table
Net, price: spread back to 7d avg − costs−$66as in the Price arb table
costs, in and out, $10k−$670.674% of the position
Funding, last 7 days+0.089%+$9 on $10k
+Price spread, last 7 days+0.008%+$1 · spread now +0.060%, 7d avg +0.047%
=The price spread sits at its 7-day average of +0.047%, so right now this pair is about funding alone: +$16 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.089% in total (about 4.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.67 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 CC_USDT | 0.1172 | −0.0434 | get 0.0217% / 4h | 2h 49m | $1.6M | $313K | 100x |
| Short | OKX CC-USDT-SWAP | 0.1173 | 0.0100 | get 0.0050% / 4h | 2h 49m | $2.5M | $3.6M | 20x |
Funding 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
- $112.14
- Price spread: +0.060% → +0.047%
- $1.28
- Slippage, 4 orders
- −$53.38
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- $46.04
- Costs to cover
- 0.674%
- Break-even
- 4.1 days
Slippage from MEXC: live order book, 2 min ago; OKX: live order book, 3 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 | 0.43 bp | 7.3 bp −$7 | 58.0 bp −$580 | 185.1 bp −$18.5K | 636.9 bp −$318.4K |
| Sell OKX live order book, 3 min ago | 2.55 bp | 29.5 bp −$29 | doesn't fit | doesn't fit | doesn't fit |
CC on 19 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective CC/USDC PERP | −0.3556% | 1h | 0.1159 | −1.135% | $6K | $97 | 5.5x | as long as short |
| MEXC CC_USDTlong | −0.0434% | 4h | 0.1172 | long leg | $1.6M | $313K | 100x | |
| Bybit CCUSDT | −0.0410% | 4h | 0.1172 | −0.026% | $10.6M | $3.9M | 25x | as long as short |
| Gate CC_USDT | +0.0078% | 4h | 0.1171 | −0.094% | $364K | $216K | 50x | as long as short |
| Paradex CC-USD-PERP | +0.0081% | 8h | 0.1174 | +0.170% | $1K | — | 5x | as long as short |
| Hyperliquid CC | +0.0100% | 1h | 0.1174 | +0.128% | $5.5M | $1.4M | 3x | as long as short |
| Aster CCUSDT | +0.0100% | 4h | 0.1173 | +0.101% | $35K | $39K | 20x | as long as short |
| Binance CCUSDT | +0.0100% | 4h | 0.1171 | −0.077% | $11.1M | $12.0M | 75x | as long as short |
| OKX CC-USDT-SWAPshort | +0.0100% | 4h | 0.1173 | +0.060% | $2.5M | $3.6M | 20x | |
| KuCoin CCUSDTM | +0.0100% | 4h | 0.1173 | +0.034% | $496K | $120K | 50x | as long as short |
Show all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget CCUSDT | +0.0100% | 4h | 0.1172 | +0.017% | $929K | $804K | 20x | as long as short |
| BingX CC-USDT | +0.0100% | 4h | 0.1172 | −0.034% | — | $6.6M | — | as long as short |
| Backpack CC_USDC_PERP | +0.0100% | 1h | 0.1174 | +0.188% | $15K | $22K | 10x | as long as short |
| Variational Omni CC | +0.0100% | 4h | 0.1172 | −0.003% | $597K | $55K | — | as long as short |
| GRVT CC_USDT_Perp | +0.0100% | 4h | 0.1175 | +0.240% | $81K | $2.3M | 10x | as long as short |
| Derive CC-PERP | +0.0100% | 1h | 0.1170 | −0.192% | $6K | $36K | 6.7x | as long as short |
| Lighter CC | +0.0296% | 1h | 0.1177 | +0.384% | $233K | $150K | 5x | as long as short |
| BloFin CC-USDT | +0.0340% | 4h | 0.1174 | +0.171% | $599K | $101K | 75x | as long as short |
| GMX CC/USD [WBTC.b-USDC] | L +0.0447% / S −0.0241% | 1h | 0.1171 | −0.071% | $44K | — | 50x | as long as short |
MEXC CC_USDT
OKX CC-USDT-SWAP
Injective CC/USDC PERP
Bybit CCUSDT
Gate CC_USDT
Paradex CC-USD-PERP
Hyperliquid CC
Aster CCUSDT
Binance CCUSDT
KuCoin CCUSDTM
Bitget CCUSDT
BingX CC-USDT
Backpack CC_USDC_PERP
Variational Omni CC
GRVT CC_USDT_Perp
Derive CC-PERP
Lighter CC
BloFin CC-USDT
GMX CC/USD [WBTC.b-USDC]