Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against OKX+0.036%7-day average +0.073% · you sell dearer than you buy
Net, funding: paid 7d − costs−$76as in the Funding arb table
Net, price: spread back to 7d avg − costs−$101as in the Price arb table
costs, in and out, $10k−$970.974% of the position
Funding, last 7 days+0.215%+$21 on $10k
+Price spread, last 4 days (all we have)−0.134%−$13 · spread now +0.036%, 7d avg +0.073%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.037% cheaper against OKX than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.073%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX GMT-USDT-SWAP | 0.008321 | 0.0100 | pay 0.0050% / 4h | 2h 27m | $343K | $553K | 20x |
| Short | MEXC GMT_USDT | 0.008324 | 0.0100 | get 0.0050% / 4h | 2h 27m | $411K | $182K | 20x |
OKX GMT-USDT-SWAP
MEXC GMT_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: +0.036% → +0.073%
- −$3.68
- Slippage, 4 orders
- −$83.39
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$101.07
- Costs to cover
- 0.974%
- Break-even
- never at this rate
Slippage from OKX: live order book, 58 min ago; MEXC: live order book, 55 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, 58 min ago | 3.60 bp | 43.0 bp −$43 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 55 min ago | 1.80 bp | 10.1 bp −$10 | 54.9 bp −$549 | 262.4 bp −$26.2K | 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 | −0.1132% | 1h | 0.008312 | −0.104% | $47K | $8K | 20x | as long as short |
| KuCoin GMTUSDTM | +0.0092% | 4h | 0.008300 | −0.252% | $257K | $99K | 50x | as long as short |
| Hyperliquid GMT | +0.0100% | 1h | 0.008326 | +0.060% | $122K | $123K | 3x | as long as short |
| Aster GMTUSDT | +0.0100% | 4h | 0.008313 | −0.101% | $8K | $14K | 10x | as long as short |
| Binance GMTUSDT | +0.0100% | 4h | 0.008324 | +0.036% | $2.6M | $3.0M | 50x | as long as short |
| Bybit GMTUSDT | +0.0100% | 8h | 0.008315 | −0.072% | $1.1M | $1.1M | 50x | as long as short |
| OKX GMT-USDT-SWAPlong | +0.0100% | 4h | 0.008321 | long leg | $343K | $553K | 20x | |
| Gate GMT_USDT | +0.0100% | 8h | 0.008320 | −0.012% | $149K | $102K | 50x | as long as short |
| MEXC GMT_USDTshort | +0.0100% | 4h | 0.008324 | +0.036% | $411K | $182K | 20x | |
| Bitget GMTUSDT | +0.0100% | 4h | 0.008312 | −0.108% | $669K | $405K | 50x | as long as short |
Kraken Futures PF_GMTUSD
KuCoin GMTUSDTM
Hyperliquid GMT
Aster GMTUSDT
Binance GMTUSDT
Bybit GMTUSDT
Gate GMT_USDT
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 | 0.008315 | −0.072% | — | $1.2M | — | as long as short |
| Variational Omni GMT | +0.0100% | 8h | 0.008311 | −0.125% | $3K | $5K | — | as long as short |
BingX GMT-USDT
Variational Omni GMT