Funding you earn now, next payment 08:00 UTC−0.0558%/8h= −61.1% APRnext payment −$2.79 per $10,000 · paid last 24h −0.016%
Price spread now: MEXC against OKX−0.068%7-day average −0.047% · you buy dearer than you sell
Net, funding: paid 7d − costs−$77as in the Funding arb table
Net, price: spread back to 7d avg − costs−$68as in the Price arb table
costs, in and out, $10k−$660.662% of the position
Funding, last 7 days−0.104%−$10 on $10k
+Price spread, last 7 days−0.023%−$2 · spread now −0.068%, 7d avg −0.047%
=Both sides work against this trade now: funding costs −$17 a day on $10k at the current rate, and MEXC is 0.021% cheaper against OKX than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of −0.047%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.104% in total (about -5.4% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.79 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 | OKX CC-USDT-SWAP | 0.1174 | 0.0100 | pay 0.0050% / 4h | 2h 23m | $2.5M | $3.1M | 20x |
| Short | MEXC CC_USDT | 0.1173 | −0.0458 | pay 0.0229% / 4h | 2h 23m | $1.8M | $334K | 100x |
OKX CC-USDT-SWAP
MEXC CC_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
- −$117.18
- Price spread: −0.068% → −0.047%
- −$2.07
- Slippage, 4 orders
- −$52.2
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$185.45
- Costs to cover
- 0.662%
- Break-even
- never at this rate
Slippage from OKX: live order book, 4 min ago; MEXC: live order book, 4 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, 4 min ago | 2.56 bp | 27.7 bp −$28 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 4 min ago | 0.43 bp | 8.1 bp −$8 | 62.0 bp −$620 | 233.6 bp −$23.4K | 815.2 bp −$407.6K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit CCUSDT | −0.0470% | 4h | 0.1173 | −0.043% | $10.8M | $3.8M | 25x | as long as short |
| MEXC CC_USDTshort | −0.0458% | 4h | 0.1173 | −0.068% | $1.8M | $334K | 100x | |
| Injective CC/USDC PERP | +0.0033% | 1h | 0.1180 | +0.528% | $402 | $3K | 5.5x | as long as short |
| Paradex CC-USD-PERP | +0.0083% | 8h | 0.1173 | −0.056% | $1K | — | 5x | as long as short |
| Hyperliquid CC | +0.0100% | 1h | 0.1175 | +0.136% | $5.5M | $1.3M | 3x | as long as short |
| Aster CCUSDT | +0.0100% | 4h | 0.1174 | +0.026% | $35K | $32K | 20x | as long as short |
| Binance CCUSDT | +0.0100% | 4h | 0.1173 | −0.034% | $11.1M | $11.9M | 75x | as long as short |
| OKX CC-USDT-SWAPlong | +0.0100% | 4h | 0.1174 | long leg | $2.5M | $3.1M | 20x | |
| Gate CC_USDT | +0.0100% | 4h | 0.1172 | −0.128% | $360K | $209K | 50x | as long as short |
| KuCoin CCUSDTM | +0.0100% | 4h | 0.1174 | −0.009% | $484K | $104K | 50x | as long as short |
Bybit CCUSDT
Injective CC/USDC PERP
Paradex CC-USD-PERP
Hyperliquid CC
Aster CCUSDT
Binance CCUSDT
Gate CC_USDT
KuCoin CCUSDTMShow all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget CCUSDT | +0.0100% | 4h | 0.1173 | −0.043% | $918K | $769K | 20x | as long as short |
| BingX CC-USDT | +0.0100% | 4h | 0.1173 | −0.077% | — | $6.6M | — | as long as short |
| Backpack CC_USDC_PERP | +0.0100% | 1h | 0.1173 | −0.068% | $15K | $23K | 10x | as long as short |
| Variational Omni CC | +0.0100% | 4h | 0.1172 | −0.136% | $597K | $56K | — | as long as short |
| GRVT CC_USDT_Perp | +0.0100% | 4h | 0.1173 | −0.057% | $86K | $2.7M | 10x | as long as short |
| Derive CC-PERP | +0.0100% | 1h | 0.1172 | −0.153% | $6K | $33K | 6.7x | as long as short |
| BloFin CC-USDT | +0.0340% | 4h | 0.1173 | −0.060% | $596K | $98K | 75x | as long as short |
| GMX CC/USD [WBTC.b-USDC] | L +0.0450% / S −0.0241% | 1h | 0.1174 | −0.006% | $44K | — | 50x | as long as short |
| Lighter CC | +0.0672% | 1h | 0.1179 | +0.460% | $253K | $170K | 5x | as long as short |
Bitget CCUSDT
BingX CC-USDT
Backpack CC_USDC_PERP
Variational Omni CC
GRVT CC_USDT_Perp
Derive CC-PERP
BloFin CC-USDT
GMX CC/USD [WBTC.b-USDC]
Lighter CC