Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.001%
Price spread now: OKX against MEXC−0.169%7-day average −0.126% · you buy dearer than you sell
Net, funding: paid 7d − costs−$181as in the Funding arb table
Net, price: spread back to 7d avg − costs−$173as in the Price arb table
costs, in and out, $10k−$1681.683% of the position
Funding, last 7 days−0.131%−$13 on $10k
+Price spread, last 4 days (all we have)−1.466%−$147 · spread now −0.169%, 7d avg −0.126%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.043% cheaper against MEXC than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −0.126%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC ETHW_USDT | 0.2962 | 0.0100 | pay 0.0050% / 4h | 1h 39m | $941K | $949K | 100x |
| Short | OKX ETHW-USDT-SWAP | 0.2957 | 0.0100 | get 0.0050% / 4h | 1h 39m | $817K | $4.6M | 10x |
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
- Price spread: −0.169% → −0.126%
- −$4.31
- Slippage, 4 orders
- −$154.27
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$172.59
- Costs to cover
- 1.683%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 27 min ago; OKX: live order book, 4 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, 27 min ago | 3.37 bp | 27.8 bp −$28 | 97.0 bp −$970 | 143.1 bp −$14.3K | doesn't fit |
| Sell OKX live order book, 4 min ago | 5.08 bp | 55.0 bp −$55 | doesn't fit | doesn't fit | doesn't fit |
ETHW on 5 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance ETHWUSDT | +0.0100% | 4h | 0.2961 | −0.029% | $1.2M | $5.8M | 50x | as long as short |
| OKX ETHW-USDT-SWAPshort | +0.0100% | 4h | 0.2957 | −0.169% | $817K | $4.6M | 10x | |
| Gate ETHW_USDT | +0.0100% | 4h | 0.2959 | −0.101% | $221K | $277K | 20x | as long as short |
| MEXC ETHW_USDTlong | +0.0100% | 4h | 0.2962 | long leg | $941K | $949K | 100x | |
| Bitget ETHWUSDT | +0.0100% | 4h | 0.2961 | −0.034% | $160K | $248K | 50x | as long as short |
MEXC ETHW_USDT
OKX ETHW-USDT-SWAP
Binance ETHWUSDT
Gate ETHW_USDT
Bitget ETHWUSDT