Funding you earn now, next payment 08:00 UTC−0.0896%/8h= −98.1% APRnext payment −$4.48 per $10,000 · paid last 24h −0.124%
Price spread now: OKX against MEXC−0.053%7-day average −0.199% · you buy dearer than you sell
Net, funding: paid 7d − costs−$136as in the Funding arb table
Net, price: spread back to 7d avg − costs−$77as in the Price arb table
costs, in and out, $10k−$920.916% of the position
Funding, last 7 days−0.444%−$44 on $10k
+Price spread, last 4 days (all we have)−0.150%−$15 · spread now −0.053%, 7d avg −0.199%
=The price spread pays, funding is against you. OKX is 0.146% dearer against MEXC than usual: you sell high and buy low (spread −0.053% now, against its 7-day average of −0.199%): +$15 on $10k if it goes back. Holding the pair costs −$27 a day in funding at the current rate, which eats that in about 13 hours. At the pace of the last 7 days (−0.444% in total) that is about 2.3 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.444% in total (about -23.1% a year). A funding rate is set anew for every payment; at this rate the next one is about −$4.48 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 | MEXC DOOD_USDT | 0.001887 | 0.0996 | pay 0.0498% / 4h | 1h 06m | $153K | $182K | 20x |
| Short | OKX DOOD-USDT-SWAP | 0.001886 | 0.0100 | get 0.0050% / 4h | 1h 06m | $695K | $1.0M | 20x |
MEXC DOOD_USDT
OKX DOOD-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
- −$188.16
- Price spread: −0.053% → −0.199%
- $14.6
- Slippage, 4 orders
- −$73.57
- Fee MEXC: 4 bp × 2 orders
- −$8
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$265.14
- Costs to cover
- 0.916%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 9 min ago; OKX: live order book, 5 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, 9 min ago | 2.63 bp | 20.6 bp −$21 | 101.6 bp −$1,016 | 243.9 bp −$24.4K | doesn't fit |
| Sell OKX live order book, 5 min ago | 7.93 bp | 25.0 bp −$25 | doesn't fit | doesn't fit | doesn't fit |
DOOD on 10 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 DOODUSDT | +0.0100% | 4h | 0.001885 | −0.122% | $1.1M | $730K | 13x | as long as short |
| OKX DOOD-USDT-SWAPshort | +0.0100% | 4h | 0.001886 | −0.053% | $695K | $1.0M | 20x | |
| KuCoin DOODUSDTM | +0.0100% | 4h | 0.001885 | −0.106% | $222K | $75K | 30x | as long as short |
| Bitget DOODUSDT | +0.0100% | 4h | 0.001889 | +0.106% | $280K | $435K | 20x | as long as short |
| Variational Omni DOOD | +0.0100% | 4h | 0.001893 | +0.326% | $11K | $387 | — | as long as short |
| Aster DOODUSDT | +0.0830% | 4h | 0.001887 | 0.000% | $124K | $17K | 5x | as long as short |
| BingX DOOD-USDT | +0.0952% | 4h | 0.001886 | −0.053% | — | $6.5M | — | as long as short |
| Binance DOODUSDT | +0.0989% | 4h | 0.001888 | +0.038% | $3.7M | $3.0M | 25x | as long as short |
| MEXC DOOD_USDTlong | +0.0996% | 4h | 0.001887 | long leg | $153K | $182K | 20x | |
| Gate DOOD_USDT | +0.1201% | 8h | 0.001885 | −0.106% | $146K | $227K | 20x | as long as short |
Bybit DOODUSDT
KuCoin DOODUSDTM
Bitget DOODUSDT
Variational Omni DOOD
Aster DOODUSDT
BingX DOOD-USDT
Binance DOODUSDT
Gate DOOD_USDT