Funding you earn now, next payment 00:00 UTC+0.0051%/8h= +5.6% APRnext payment +$0.51 per $10,000 · paid last 24h +0.015%
Price spread now: MEXC against OKX0.000%7-day average −0.043% · you sell dearer than you buy
Net, funding: paid 7d − costs−$82as in the Funding arb table
Net, price: spread back to 7d avg − costs−$88as in the Price arb table
costs, in and out, $10k−$930.927% of the position
Funding, last 7 days+0.107%+$11 on $10k
+Price spread, last 4 days (all we have)−0.017%−$2 · spread now 0.000%, 7d avg −0.043%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and MEXC is 0.043% dearer against OKX than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.043%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX CORE-USDT-SWAP | 0.02213 | 0.0100 | pay 0.0100% / 8h | 1h 12m | $1.7M | $4.2M | 20x |
| Short | MEXC CORE_USDT | 0.02213 | 0.0151 | get 0.0151% / 8h | 1h 12m | $868K | $206K | 100x |
OKX CORE-USDT-SWAP
MEXC CORE_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
- $10.71
- Price spread: 0.000% → −0.043%
- $4.29
- Slippage, 4 orders
- −$78.67
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$77.68
- Costs to cover
- 0.927%
- Break-even
- 57.8 days
Slippage from OKX: live order book, just now; MEXC: live order book, 64 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, just now | 2.26 bp | 25.3 bp −$25 | 357.5 bp −$3,575 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 64 min ago | 4.49 bp | 15.0 bp −$15 | 56.9 bp −$569 | 124.3 bp −$12.4K | 228.9 bp −$114.5K |
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 | −0.0345% | 8h | 0.02205 | −0.374% | $8K | $886 | — | as long as short |
| Bybit COREUSDT | −0.0176% | 8h | 0.02207 | −0.271% | $1.4M | $856K | 20x | as long as short |
| OKX CORE-USDT-SWAPlong | +0.0100% | 8h | 0.02213 | long leg | $1.7M | $4.2M | 20x | |
| Gate CORE_USDT | +0.0100% | 8h | 0.02208 | −0.226% | $170K | $168K | 25x | as long as short |
| MEXC CORE_USDTshort | +0.0151% | 8h | 0.02213 | 0.000% | $868K | $206K | 100x | |
| BingX CORE-USDT | +0.0151% | 8h | 0.02212 | −0.045% | — | $1.3M | — | as long as short |
Variational Omni CORE
Bybit COREUSDT
Gate CORE_USDT
BingX CORE-USDT