Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: OKX against MEXC+0.081%7-day average −0.071% · you sell dearer than you buy
Net, funding: paid 7d − costs−$113as in the Funding arb table
Net, price: spread back to 7d avg − costs−$78as in the Price arb table
costs, in and out, $10k−$930.929% of the position
Funding, last 7 days−0.202%−$20 on $10k
+Price spread, last 4 days (all we have)−0.048%−$5 · spread now +0.081%, 7d avg −0.071%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.152% dearer against MEXC than usual: you sell high and buy low, +$15 on $10k if it goes back to its 7-day average of −0.071%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC GMT_USDT | 0.008679 | 0.0100 | pay 0.0050% / 4h | 2h 24m | $449K | $212K | 20x |
| Short | OKX GMT-USDT-SWAP | 0.008686 | 0.0100 | get 0.0050% / 4h | 2h 24m | $420K | $1.0M | 20x |
MEXC GMT_USDT
OKX GMT-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
- $0
- Price spread: +0.081% → −0.071%
- $15.2
- Slippage, 4 orders
- −$78.86
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$77.65
- Costs to cover
- 0.929%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 27 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, 27 min ago | 2.88 bp | 10.1 bp −$10 | 64.6 bp −$646 | 253.9 bp −$25.4K | doesn't fit |
| Sell OKX live order book, 2 min ago | 1.73 bp | 42.9 bp −$43 | doesn't fit | doesn't fit | doesn't fit |
GMT on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_GMTUSD | −0.0632% | 1h | 0.008681 | +0.017% | $45K | $13K | 20x | as long as short |
| Bybit GMTUSDT | −0.0187% | 8h | 0.008675 | −0.046% | $1.2M | $1.8M | 50x | as long as short |
| KuCoin GMTUSDTM | −0.0168% | 4h | 0.008700 | +0.242% | $284K | $183K | 50x | as long as short |
| Gate GMT_USDT | −0.0147% | 8h | 0.008700 | +0.242% | $155K | $169K | 50x | as long as short |
| Hyperliquid GMT | +0.0100% | 1h | 0.008682 | +0.035% | $127K | $140K | 3x | as long as short |
| Aster GMTUSDT | +0.0100% | 4h | 0.008701 | +0.249% | $10K | $20K | 10x | as long as short |
| Binance GMTUSDT | +0.0100% | 4h | 0.008682 | +0.035% | $3.0M | $4.7M | 50x | as long as short |
| OKX GMT-USDT-SWAPshort | +0.0100% | 4h | 0.008686 | +0.081% | $420K | $1.0M | 20x | |
| MEXC GMT_USDTlong | +0.0100% | 4h | 0.008679 | long leg | $449K | $212K | 20x | |
| Bitget GMTUSDT | +0.0100% | 4h | 0.008684 | +0.058% | $697K | $614K | 50x | as long as short |
Kraken Futures PF_GMTUSD
Bybit GMTUSDT
KuCoin GMTUSDTM
Gate GMT_USDT
Hyperliquid GMT
Aster GMTUSDT
Binance GMTUSDT
Bitget GMTUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX GMT-USDT | +0.0100% | 4h | 0.008685 | +0.069% | — | $1.2M | — | as long as short |
| Variational Omni GMT | +0.0100% | 8h | 0.008689 | +0.110% | $4K | $5K | — | as long as short |
BingX GMT-USDT
Variational Omni GMT