Settings8H · net · $10k
Funding arb · Price arb /

CC

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Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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%
Together, before fees+0.097%+$10 on $10k · with fees, hour by hour
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC CC_USDT0.1172−0.0434get 0.0217% / 4h2h 49m$1.6M$313K100x
ShortOKX CC-USDT-SWAP0.11730.0100get 0.0050% / 4h2h 49m$2.5M$3.6M20x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy MEXC live order book, 2 min ago0.43 bp7.3 bp −$758.0 bp −$580185.1 bp −$18.5K636.9 bp −$318.4K
Sell OKX live order book, 3 min ago2.55 bp29.5 bp −$29doesn't fitdoesn't fitdoesn't fit

CC on 19 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective CC/USDC PERP−0.3556%1h0.1159−1.135%$6K$975.5xas long as short
MEXC CC_USDTlong−0.0434%4h0.1172long leg$1.6M$313K100x
Bybit CCUSDT−0.0410%4h0.1172−0.026%$10.6M$3.9M25xas long as short
Gate CC_USDT+0.0078%4h0.1171−0.094%$364K$216K50xas long as short
Paradex CC-USD-PERP+0.0081%8h0.1174+0.170%$1K5xas long as short
Hyperliquid CC+0.0100%1h0.1174+0.128%$5.5M$1.4M3xas long as short
Aster CCUSDT+0.0100%4h0.1173+0.101%$35K$39K20xas long as short
Binance CCUSDT+0.0100%4h0.1171−0.077%$11.1M$12.0M75xas long as short
OKX CC-USDT-SWAPshort+0.0100%4h0.1173+0.060%$2.5M$3.6M20x
KuCoin CCUSDTM+0.0100%4h0.1173+0.034%$496K$120K50xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget CCUSDT+0.0100%4h0.1172+0.017%$929K$804K20xas long as short
BingX CC-USDT+0.0100%4h0.1172−0.034%$6.6Mas long as short
Backpack CC_USDC_PERP+0.0100%1h0.1174+0.188%$15K$22K10xas long as short
Variational Omni CC+0.0100%4h0.1172−0.003%$597K$55Kas long as short
GRVT CC_USDT_Perp+0.0100%4h0.1175+0.240%$81K$2.3M10xas long as short
Derive CC-PERP+0.0100%1h0.1170−0.192%$6K$36K6.7xas long as short
Lighter CC+0.0296%1h0.1177+0.384%$233K$150K5xas long as short
BloFin CC-USDT+0.0340%4h0.1174+0.171%$599K$101K75xas long as short
GMX CC/USD [WBTC.b-USDC]L +0.0447% / S −0.0241%1h0.1171−0.071%$44K50xas long as short