Funding you earn now, next payment 08:00 UTC−0.0051%/8h= −5.6% APRnext payment −$0.51 per $10,000 · paid last 24h −0.015%
Price spread now: OKX against MEXC+0.136%7-day average +0.040% · you sell dearer than you buy
Net, funding: paid 7d − costs−$94as in the Funding arb table
Net, price: spread back to 7d avg − costs−$74as in the Price arb table
costs, in and out, $10k−$840.837% of the position
Funding, last 7 days−0.107%−$11 on $10k
+Price spread, last 4 days (all we have)−0.186%−$19 · spread now +0.136%, 7d avg +0.040%
=The price spread pays, funding is against you. OKX is 0.096% dearer against MEXC than usual: you sell high and buy low (spread +0.136% now, against its 7-day average of +0.040%): +$10 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 6.3 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC CORE_USDT | 0.02204 | 0.0151 | pay 0.0151% / 8h | 4h 00m | $824K | $220K | 100x |
| Short | OKX CORE-USDT-SWAP | 0.02207 | 0.0100 | get 0.0100% / 8h | 4h 00m | $1.7M | $4.4M | 20x |
MEXC CORE_USDT
OKX CORE-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
- −$10.71
- Price spread: +0.136% → +0.040%
- $9.57
- Slippage, 4 orders
- −$69.72
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$84.86
- Costs to cover
- 0.837%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 50 min ago; OKX: live order book, 2 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, 50 min ago | 4.58 bp | 14.0 bp −$14 | 57.4 bp −$574 | 112.0 bp −$11.2K | 213.7 bp −$106.9K |
| Sell OKX live order book, 2 min ago | 2.27 bp | 25.2 bp −$25 | 172.4 bp −$1,724 | doesn't fit | doesn't fit |
CORE on 6 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni CORE | −0.0321% | 8h | 0.02196 | −0.358% | $8K | $1K | — | as long as short |
| Bybit COREUSDT | −0.0165% | 8h | 0.02197 | −0.318% | $1.4M | $978K | 20x | as long as short |
| Gate CORE_USDT | −0.0091% | 8h | 0.02195 | −0.408% | $159K | $172K | 25x | as long as short |
| OKX CORE-USDT-SWAPshort | +0.0100% | 8h | 0.02207 | +0.136% | $1.7M | $4.4M | 20x | |
| MEXC CORE_USDTlong | +0.0151% | 8h | 0.02204 | long leg | $824K | $220K | 100x | |
| BingX CORE-USDT | +0.0151% | 8h | 0.02204 | 0.000% | — | $1.3M | — | as long as short |
Variational Omni CORE
Bybit COREUSDT
Gate CORE_USDT
BingX CORE-USDT