Funding you earn now, next payment 00:00 UTC+0.0044%/8h= +4.8% APRnext payment +$0.44 per $10,000 · paid last 24h +0.021%
Price spread now: MEXC against OKX−0.020%7-day average −0.008% · you buy dearer than you sell
Net, funding: paid 7d − costs−$29as in the Funding arb table
Net, price: spread back to 7d avg − costs−$36as in the Price arb table
costs, in and out, $10k−$350.353% of the position
Funding, last 7 days+0.062%+$6 on $10k
+Price spread, last 4 days (all we have)+0.032%+$3 · spread now −0.020%, 7d avg −0.008%
=The price spread sits at its 7-day average of −0.008%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX FIL-USDT-SWAP | 0.9864 | 0.0030 | pay 0.0030% / 8h | 1h 29m | $18.1M | $97.3M | 50x |
| Short | MEXC FIL_USDC | 0.9862 | 0.0074 | get 0.0074% / 8h | 1h 29m | $251K | $104K | 50x |
OKX FIL-USDT-SWAP
MEXC FIL_USDCFunding 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
- $9.26
- Price spread: −0.020% → −0.008%
- −$1.19
- Slippage, 4 orders
- −$25.31
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$27.24
- Costs to cover
- 0.353%
- Break-even
- 27.6 days
Slippage from OKX: live order book, 4 min ago; MEXC: live order book, 43 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 | 0.51 bp | 8.5 bp −$9 | 14.7 bp −$147 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 43 min ago | 1.53 bp | 10.3 bp −$10 | 25.9 bp −$259 | 77.2 bp −$7,717 | doesn't fit |
FIL on 29 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit FIL_USDC-PERPETUAL | −0.0964% | 1h | 0.9869 | +0.051% | $170K | $23K | 25x | as long as short |
| Kraken Futures PF_FILUSD | −0.0696% | 1h | 0.9870 | +0.057% | $1.3M | $2.3M | 50x | as long as short |
| Coinbase International FIL-PERP-INTX | −0.0376% | 1h | 0.9880 | +0.162% | $317K | $1.9M | 50x | as long as short |
| Injective FIL/USDC PERP | −0.0252% | 1h | 0.9855 | −0.091% | $2K | $240K | 12x | as long as short |
| Bitget FILUSDT | −0.0014% | 8h | 0.9861 | −0.030% | $10.9M | $21.5M | 75x | as long as short |
| gTrade (Gains Network) FIL/USD | L −0.0004% / S +0.0006% | 1h | 0.9873 | +0.089% | $25K | — | 150x | as long as short |
| dYdX FIL-USD | 0.0000% | 1h | 0.9872 | +0.078% | $58K | $2K | 10x | as long as short |
| KuCoin FILUSDTM | +0.0009% | 8h | 0.9867 | +0.030% | $7.4M | $7.0M | 50x | as long as short |
| Bybit FILUSDT | +0.0011% | 8h | 0.9867 | +0.030% | $15.4M | $18.0M | 25x | as long as short |
| OKX FIL-USDT-SWAPlong | +0.0030% | 8h | 0.9864 | long leg | $18.1M | $97.3M | 50x |
Deribit FIL_USDC-PERPETUAL
Kraken Futures PF_FILUSD
Coinbase International FIL-PERP-INTX
Injective FIL/USDC PERP
Bitget FILUSDT
gTrade (Gains Network) FIL/USD
dYdX FIL-USD
KuCoin FILUSDTM
Bybit FILUSDTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter FIL | +0.0056% | 1h | 0.9863 | −0.010% | $158K | $349K | 5x | as long as short |
| Extended FIL-USD | +0.0072% | 1h | 0.9866 | +0.022% | $689K | $2.3M | 10x | as long as short |
| MEXC FIL_USDCshort | +0.0074% | 8h | 0.9862 | −0.020% | $251K | $104K | 50x | |
| Binance FILUSDT | +0.0075% | 8h | 0.9865 | +0.014% | $56.6M | $175.2M | 75x | as long as short |
| BingX FIL-USDC | +0.0079% | 8h | 0.9870 | +0.061% | — | $6.5M | — | as long as short |
| Hyperliquid FIL | +0.0100% | 1h | 0.9867 | +0.030% | $8.6M | $9.5M | 5x | as long as short |
| Aster FILUSDT | +0.0100% | 8h | 0.9872 | +0.082% | $496K | $525K | 20x | as long as short |
| Gate FIL_USDT | +0.0100% | 8h | 0.9874 | +0.101% | $7.8M | $16.2M | 50x | as long as short |
| Variational Omni FIL | +0.0100% | 8h | 0.9864 | +0.003% | $439K | $277K | — | as long as short |
| edgeX FILUSDC | +0.0100% | 4h | 0.9883 | +0.192% | $45K | $294K | 10x | as long as short |
| GRVT FIL_USDT_Perp | +0.0100% | 8h | 0.9852 | −0.124% | $286K | $803K | 10x | as long as short |
| ApeX Omni FILUSDT | +0.0100% | 1h | 0.9890 | +0.264% | $30K | $198K | 50x | as long as short |
| Orderly PERP_FIL_USDC_mythos | +0.0100% | 4h | 0.9868 | +0.036% | $5K | — | 10x | as long as short |
| SunX FIL-USDT | +0.0100% | 8h | 0.9850 | −0.142% | $3K | $1.1M | 20x | as long as short |
| SoDEX FIL-USD | +0.0100% | 1h | 0.9863 | −0.010% | $489 | $11K | 5x | as long as short |
| HTX FIL-USDT | +0.0100% | 8h | 0.9860 | −0.041% | $625K | $5.6M | 75x | as long as short |
| Phemex FILUSDT | +0.0100% | 8h | 0.9860 | −0.041% | $1.1M | $2.3M | 50x | as long as short |
| BloFin FIL-USDT | +0.0196% | 8h | 0.9856 | −0.081% | $2.6M | $655K | 75x | as long as short |
| GMX FIL/USD [WBTC.b-USDC] | L +0.0598% / S −0.0709% | 1h | 0.9864 | −0.004% | $206K | — | 100x | as long as short |
Lighter FIL
Extended FIL-USD
Binance FILUSDT
BingX FIL-USDC
Hyperliquid FIL
Aster FILUSDT
Gate FIL_USDT
Variational Omni FIL
edgeX FILUSDC
GRVT FIL_USDT_Perp
ApeX Omni FILUSDT
Orderly PERP_FIL_USDC_mythos
SunX FIL-USDT
SoDEX FIL-USD
HTX FIL-USDT
Phemex FILUSDT
BloFin FIL-USDT
GMX FIL/USD [WBTC.b-USDC]