H

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC−0.0202%/8h= −22.1% APRnext payment −$1.01 per $10,000 · paid last 24h 0.000%

Price spread now: MEXC against OKX+0.090%7-day average +0.053% · you sell dearer than you buy

Net, funding: paid 7d − costs−$50as in the Funding arb table

Net, price: spread back to 7d avg − costs−$66as in the Price arb table

costs, in and out, $10k−$700.696% of the position

Long on OKX Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days+0.194%+$19 on $10k

Price spread, last 7 days−0.016%−$2 · spread now +0.090%, 7d avg +0.053%

Together, before fees+0.178%+$18 on $10k · with fees, hour by hour

The price spread pays, funding is against you. MEXC is 0.036% dearer against OKX than usual: you sell high and buy low (spread +0.090% now, against its 7-day average of +0.053%): +$4 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 14 hours. Mind the row above: over the last 7 days funding on this pair paid +0.194%, 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	OKX H-USDT-SWAP	0.06678	0.0302	pay 0.0151% / 4h	11m 26s	$1.7M	$5.6M	10x
Short	MEXC H_USDT	0.06684	0.0100	get 0.0050% / 4h	11m 26s	$5.9M	$932K	20x

Funding 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 it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee OKXbpFee MEXCbpOrdersPrice spread, now +0.090%Rate

Funding earned: −$42.33
Price spread: +0.090% → +0.053%: $3.64
Slippage, 4 orders: −$55.65
Fee OKX: 5 bp × 2 orders: −$10
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$108.34
Costs to cover: 0.696%
Break-even: never at this rate

Slippage from OKX: live order book, 4 min ago; MEXC: live order book, 4 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	0.75 bp	20.1 bp −$20	doesn't fit	doesn't fit	doesn't fit
Sell MEXC live order book, 4 min ago	0.75 bp	11.3 bp −$11	51.8 bp −$518	123.3 bp −$12.3K	495.4 bp −$247.7K

H on 14 exchanges

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
Injective H/USDC PERP	+0.0033%	1h	0.06250	−6.409%	$1K	$1	5.5x	as long as short
Aster HUSDT	+0.0100%	4h	0.06675	−0.044%	$105K	$53K	5x	as long as short
Binance HUSDT	+0.0100%	4h	0.06675	−0.044%	$14.0M	$9.6M	10x	as long as short
Bybit HUSDT	+0.0100%	4h	0.06663	−0.225%	$7.3M	$4.8M	13x	as long as short
Gate H_USDT	+0.0100%	4h	0.06672	−0.090%	$2.7M	$1.6M	10x	as long as short
MEXC H_USDTshort	+0.0100%	4h	0.06684	+0.090%	$5.9M	$932K	20x
KuCoin HUSDTM	+0.0100%	4h	0.06682	+0.060%	$1.6M	$10.2M	8x	as long as short
Bitget HUSDT	+0.0100%	4h	0.06675	−0.045%	$1.7M	$374K	4x	as long as short
BingX H-USDT	+0.0100%	4h	0.06672	−0.090%	—	$2.7M	—	as long as short
Variational Omni H	+0.0100%	4h	0.06702	+0.353%	$9K	$3K	—	as long as short

Show all 14 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT H_USDT_Perp	+0.0100%	4h	0.06702	+0.361%	$1.1M	$414K	10x	as long as short
Extended H-USD	+0.0104%	1h	0.06676	−0.036%	$9K	$207K	5x	as long as short
BloFin H-USDT	+0.0157%	4h	0.06712	+0.509%	$580K	$91K	25x	as long as short
OKX H-USDT-SWAPlong	+0.0302%	4h	0.06678	long leg	$1.7M	$5.6M	10x