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: MEXC against OKX+0.204%7-day average +0.127% · you sell dearer than you buy
Net, funding: paid 7d − costs−$157as in the Funding arb table
Net, price: spread back to 7d avg − costs−$162as in the Price arb table
costs, in and out, $10k−$1701.700% of the position
Funding, last 7 days+0.131%+$13 on $10k
+Price spread, last 4 days (all we have)+0.614%+$61 · spread now +0.204%, 7d avg +0.127%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.077% dearer against OKX than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of +0.127%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX ETHW-USDT-SWAP | 0.2945 | 0.0100 | pay 0.0050% / 4h | 49m 01s | $809K | $4.6M | 10x |
| Short | MEXC ETHW_USDT | 0.2951 | 0.0100 | get 0.0050% / 4h | 49m 01s | $922K | $957K | 100x |
OKX ETHW-USDT-SWAP
MEXC ETHW_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
- $0
- Price spread: +0.204% → +0.127%
- $7.71
- Slippage, 4 orders
- −$156.01
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$162.3
- Costs to cover
- 1.700%
- Break-even
- never at this rate
Slippage from OKX: live order book, 4 min ago; MEXC: live order book, 12 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, 4 min ago | 3.38 bp | 54.9 bp −$55 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 12 min ago | 5.06 bp | 40.9 bp −$41 | 114.1 bp −$1,141 | 143.6 bp −$14.4K | 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 | 0.2949 | +0.150% | $1.2M | $5.8M | 50x | as long as short |
| OKX ETHW-USDT-SWAPlong | +0.0100% | 4h | 0.2945 | long leg | $809K | $4.6M | 10x | |
| Gate ETHW_USDT | +0.0100% | 4h | 0.2946 | +0.034% | $220K | $261K | 20x | as long as short |
| MEXC ETHW_USDTshort | +0.0100% | 4h | 0.2951 | +0.204% | $922K | $957K | 100x | |
| Bitget ETHWUSDT | +0.0100% | 4h | 0.2950 | +0.170% | $159K | $250K | 50x | as long as short |
Binance ETHWUSDT
Gate ETHW_USDT
Bitget ETHWUSDT