Funding you earn now, next payment 04:00 UTC−0.0058%/8h= −6.3% APRnext payment −$0.29 per $10,000 · paid last 24h +0.016%
Price spread now: OKX against MEXC−0.162%7-day average −0.003% · you buy dearer than you sell
Net, funding: paid 7d − costs+$13as in the Funding arb table
Net, price: spread back to 7d avg − costs−$91as in the Price arb table
costs, in and out, $10k−$750.751% of the position
Funding, last 7 days+0.880%+$88 on $10k
+Price spread, last 7 days+0.285%+$29 · spread now −0.162%, 7d avg −0.003%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and OKX is 0.159% cheaper against MEXC than usual: you would sell low and buy high (−$16 if the spread goes back to its 7-day average of −0.003%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.880%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC F_USDT | 0.003694 | 0.0100 | pay 0.0050% / 4h | 2h 50m | $642K | $171K | 50x |
| Short | OKX F-USDT-SWAP | 0.003688 | 0.0042 | get 0.0021% / 4h | 2h 50m | $737K | $2.2M | 20x |
MEXC F_USDT
OKX F-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
- −$12.16
- Price spread: −0.162% → −0.003%
- −$15.94
- Slippage, 4 orders
- −$57.07
- Fee MEXC: 4 bp × 2 orders
- −$8
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$103.17
- Costs to cover
- 0.751%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 10 min ago; OKX: live order book, 2 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, 10 min ago | 2.70 bp | 14.3 bp −$14 | 30.6 bp −$306 | 109.3 bp −$10.9K | 483.5 bp −$241.7K |
| Sell OKX live order book, 2 min ago | 2.72 bp | 22.7 bp −$23 | 100.2 bp −$1,002 | doesn't fit | doesn't fit |
F 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 | |
|---|---|---|---|---|---|---|---|---|
| OKX F-USDT-SWAPshort | +0.0042% | 4h | 0.003688 | −0.162% | $737K | $2.2M | 20x | |
| Aster FUSDT | +0.0100% | 4h | 0.003689 | −0.133% | $15K | $24K | 5x | as long as short |
| Binance FUSDT | +0.0100% | 4h | 0.003693 | −0.040% | $3.9M | $6.6M | 50x | as long as short |
| Bybit FUSDT | +0.0100% | 4h | 0.003690 | −0.108% | $2.3M | $2.3M | 25x | as long as short |
| Gate F_USDT | +0.0100% | 8h | 0.003686 | −0.217% | $153K | $1.4M | 25x | as long as short |
| MEXC F_USDTlong | +0.0100% | 4h | 0.003694 | long leg | $642K | $171K | 50x | |
| KuCoin FUSDTM | +0.0100% | 4h | 0.003687 | −0.189% | $753K | $1.2M | 30x | as long as short |
| Bitget FUSDT | +0.0100% | 4h | 0.003692 | −0.054% | $487K | $836K | 50x | as long as short |
| BingX F-USDT | +0.0100% | 4h | 0.003686 | −0.217% | — | $6.6M | — | as long as short |
| Variational Omni F | +0.0100% | 4h | 0.003678 | −0.435% | $701 | $386 | — | as long as short |
Aster FUSDT
Binance FUSDT
Bybit FUSDT
Gate F_USDT
KuCoin FUSDTM
Bitget FUSDT
BingX F-USDT
Variational Omni F