Funding you earn now, next payment 12:00 UTC+0.0414%/8h= +45.4% APRnext payment +$2.07 per $10,000 · paid last 24h +0.051%
Price spread now: OKX against MEXC+0.075%7-day average +0.090% · you sell dearer than you buy
Net, funding: paid 7d − costs−$97as in the Funding arb table
Net, price: spread back to 7d avg − costs−$77as in the Price arb table
costs, in and out, $10k−$750.753% of the position
Funding, last 7 days−0.222%−$22 on $10k
+Price spread, last 4 days (all we have)−0.023%−$2 · spread now +0.075%, 7d avg +0.090%
=The price spread sits at its 7-day average of +0.090%, so right now this pair is about funding alone: +$12 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.222%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.222% in total (about -11.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.07 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC HOME_USDT | 0.006659 | 0.0360 | pay 0.0180% / 4h | 2h 57m | $395K | $146K | 20x |
| Short | OKX HOME-USDT-SWAP | 0.006664 | 0.0774 | get 0.0387% / 4h | 2h 57m | $1.8M | $5.0M | 20x |
Funding 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
- $87.03
- Price spread: +0.075% → +0.090%
- −$1.51
- Slippage, 4 orders
- −$57.32
- Fee MEXC: 4 bp × 2 orders
- −$8
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- $10.2
- Costs to cover
- 0.753%
- Break-even
- 6.2 days
Slippage from MEXC: live order book, 18 min ago; OKX: live order book, 5 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, 18 min ago | 3.76 bp | 15.3 bp −$15 | 70.5 bp −$705 | 256.8 bp −$25.7K | doesn't fit |
| Sell OKX live order book, 5 min ago | 1.50 bp | 21.6 bp −$22 | doesn't fit | doesn't fit | doesn't fit |
HOME on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX HOME-USDT | +0.0070% | 4h | 0.006661 | +0.030% | — | $6.6M | — | as long as short |
| Bybit HOMEUSDT | +0.0100% | 4h | 0.006657 | −0.030% | $3.6M | $3.9M | 25x | as long as short |
| KuCoin HOMEUSDTM | +0.0100% | 4h | 0.006662 | +0.045% | $2.8M | $86K | 30x | as long as short |
| Bitget HOMEUSDT | +0.0100% | 4h | 0.006656 | −0.045% | $1.2M | $1.0M | 20x | as long as short |
| Variational Omni HOME | +0.0100% | 4h | 0.006675 | +0.237% | $7K | $2K | — | as long as short |
| Gate HOME_USDT | +0.0176% | 4h | 0.006660 | +0.015% | $454K | $1.4M | 75x | as long as short |
| Binance HOMEUSDT | +0.0237% | 4h | 0.006659 | 0.000% | $4.7M | $10.5M | 50x | as long as short |
| Aster HOMEUSDT | +0.0291% | 4h | 0.006666 | +0.101% | $50K | $39K | 5x | as long as short |
| BloFin HOME-USDT | +0.0295% | 4h | 0.006669 | +0.150% | $299K | $21K | 50x | as long as short |
| MEXC HOME_USDTlong | +0.0360% | 4h | 0.006659 | long leg | $395K | $146K | 20x |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX HOME-USDT-SWAPshort | +0.0774% | 4h | 0.006664 | +0.075% | $1.8M | $5.0M | 20x |
MEXC HOME_USDT
OKX HOME-USDT-SWAP
BingX HOME-USDT
Bybit HOMEUSDT
KuCoin HOMEUSDTM
Bitget HOMEUSDT
Variational Omni HOME
Gate HOME_USDT
Binance HOMEUSDT
Aster HOMEUSDT
BloFin HOME-USDT