Funding you earn now, next payment 04:00 UTC+0.0047%/8h= +5.1% APRnext payment +$0.23 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against OKX+0.593%7-day average −0.013% · you sell dearer than you buy
Net, funding: paid 7d − costs−$72as in the Funding arb table
Net, price: spread back to 7d avg − costs−$11as in the Price arb table
costs, in and out, $10k−$720.717% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)−0.731%−$73 · spread now +0.593%, 7d avg −0.013%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and MEXC is 0.606% dearer against OKX than usual: you sell high and buy low: +$61 more if the spread goes back to its 7-day average of −0.013%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX DATA-USDT-SWAP | 0.2193 | −0.2015 | get 0.1007% / 4h | 2h 55m | $1.3M | $5.3M | 20x |
| Short | MEXC DATA_USDT | 0.2206 | −0.1968 | pay 0.0984% / 4h | 2h 55m | $101K | $262K | 20x |
OKX DATA-USDT-SWAP
MEXC DATA_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
- $9.85
- Price spread: +0.593% → −0.013%
- $60.62
- Slippage, 4 orders
- −$57.71
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$1.24
- Costs to cover
- 0.717%
- Break-even
- 7.9 days
Slippage from OKX: live order book, 2 min ago; MEXC: live order book, 59 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, 2 min ago | 4.49 bp | 23.0 bp −$23 | 132.6 bp −$1,326 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 59 min ago | 2.39 bp | 11.0 bp −$11 | 56.9 bp −$569 | 574.5 bp −$57.5K | doesn't fit |
DATA on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate DATA_USDT | −0.2454% | 4h | 0.2209 | +0.730% | $111K | $81K | 20x | as long as short |
| Bybit DATAUSDT | −0.2394% | 4h | 0.2205 | +0.547% | $1.2M | $1.4M | 20x | as long as short |
| OKX DATA-USDT-SWAPlong | −0.2015% | 4h | 0.2193 | long leg | $1.3M | $5.3M | 20x | |
| MEXC DATA_USDTshort | −0.1968% | 4h | 0.2206 | +0.593% | $101K | $262K | 20x | |
| BloFin DATA-USDT | −0.1875% | 4h | 0.2232 | +1.778% | $120K | $7K | 20x | as long as short |
| Extended DATA-USD | −0.0616% | 1h | 0.2203 | +0.471% | $919 | $60 | 5x | as long as short |
| Lighter DATA | −0.0432% | 1h | 0.2216 | +1.049% | $70K | $207K | 10x | as long as short |
| KuCoin DATAUSDTM | −0.0422% | 4h | 0.2208 | +0.684% | $201K | $1.0M | 30x | as long as short |
| Bitget DATAUSDT | +0.0100% | 4h | 0.2217 | +1.094% | $623K | $400K | 50x | as long as short |
Gate DATA_USDT
Bybit DATAUSDT
BloFin DATA-USDT
Extended DATA-USD
Lighter DATA
KuCoin DATAUSDTM
Bitget DATAUSDT