Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: OKX against MEXC+0.071%7-day average +0.037% · you sell dearer than you buy
Net, funding: paid 7d − costs−$64as in the Funding arb table
Net, price: spread back to 7d avg − costs−$61as in the Price arb table
costs, in and out, $10k−$650.645% of the position
Funding, last 7 days+0.001%$0 on $10k
+Price spread, last 7 days−0.032%−$3 · spread now +0.071%, 7d avg +0.037%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.034% dearer against MEXC than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.037%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC CP_USDT | 0.01407 | 0.0426 | pay 0.0213% / 4h | 11m 01s | $1.5M | $399K | 20x |
| Short | OKX CP-USDT-SWAP | 0.01408 | 0.0426 | get 0.0213% / 4h | 11m 01s | $3.9M | $11.6M | 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
- $0.09
- Price spread: +0.071% → +0.037%
- $3.4
- Slippage, 4 orders
- −$50.52
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$61.02
- Costs to cover
- 0.645%
- Break-even
- 4692.8 days
Slippage from MEXC: live order book, 3 min ago; OKX: live order book, just now.
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, 3 min ago | 3.56 bp | 11.0 bp −$11 | 56.7 bp −$567 | 373.4 bp −$37.3K | doesn't fit |
| Sell OKX live order book, just now | 3.55 bp | 18.8 bp −$19 | 131.4 bp −$1,314 | doesn't fit | doesn't fit |
CP on 8 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| BingX CP-USDT | +0.0070% | 4h | 0.01408 | +0.071% | — | $1.1M | — | as long as short |
| Gate CP_USDT | +0.0100% | 4h | 0.01407 | 0.000% | $588K | $562K | 20x | as long as short |
| Bitget CPUSDT | +0.0100% | 4h | 0.01408 | +0.100% | $763K | $1.8M | 20x | as long as short |
| KuCoin CPUSDTM | +0.0320% | 4h | 0.01409 | +0.142% | $209K | $1.0M | 20x | as long as short |
| Bybit CPUSDT | +0.0353% | 4h | 0.01407 | 0.000% | $1.5M | $3.5M | 20x | as long as short |
| MEXC CP_USDTlong | +0.0426% | 4h | 0.01407 | long leg | $1.5M | $399K | 20x | |
| OKX CP-USDT-SWAPshort | +0.0426% | 4h | 0.01408 | +0.071% | $3.9M | $11.6M | 20x | |
| BloFin CP-USDT | +0.0461% | 4h | 0.01410 | +0.213% | $434 | $56K | 20x | as long as short |
MEXC CP_USDT
OKX CP-USDT-SWAP
BingX CP-USDT
Gate CP_USDT
Bitget CPUSDT
KuCoin CPUSDTM
Bybit CPUSDT
BloFin CP-USDT