Funding you earn now, next payment 08:00 UTC−0.0433%/8h= −47.4% APRnext payment −$2.16 per $10,000 · paid last 24h −0.094%
Price spread now: OKX against MEXC−0.079%7-day average +0.009% · you buy dearer than you sell
Net, funding: paid 7d − costs−$54as in the Funding arb table
Net, price: spread back to 7d avg − costs−$48as in the Price arb table
costs, in and out, $10k−$390.391% of the position
Funding, last 7 days−0.154%−$15 on $10k
+Price spread, last 7 days+0.075%+$7 · spread now −0.079%, 7d avg +0.009%
=Both sides work against this trade now: funding costs −$13 a day on $10k at the current rate, and OKX is 0.088% cheaper against MEXC than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of +0.009%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.154% in total (about -8.0% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.16 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 IOST_USDT | 0.0008913 | −0.1234 | get 0.0617% / 4h | 22m 54s | $1.9M | $471K | 50x |
| Short | OKX IOST-USDT-SWAP | 0.0008906 | −0.1667 | pay 0.0833% / 4h | 22m 54s | $1.5M | $4.0M | 10x |
MEXC IOST_USDT
OKX IOST-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
- −$90.91
- Price spread: −0.079% → +0.009%
- −$8.79
- Slippage, 4 orders
- −$25.11
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$138.81
- Costs to cover
- 0.391%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 4 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, 4 min ago | 1.13 bp | 6.7 bp −$7 | 23.8 bp −$238 | 116.3 bp −$11.6K | 429.1 bp −$214.6K |
| Sell OKX live order book, 5 min ago | 1.12 bp | 11.5 bp −$12 | doesn't fit | doesn't fit | doesn't fit |
IOST on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| OKX IOST-USDT-SWAPshort | −0.1667% | 4h | 0.0008906 | −0.079% | $1.5M | $4.0M | 10x | |
| Bybit IOSTUSDT | −0.1366% | 8h | 0.0008918 | +0.056% | $1.9M | $1.9M | 25x | as long as short |
| BloFin IOST-USDT | −0.1275% | 4h | 0.0008914 | +0.011% | $294K | $2.0M | 50x | as long as short |
| MEXC IOST_USDTlong | −0.1234% | 4h | 0.0008913 | long leg | $1.9M | $471K | 50x | |
| Binance IOSTUSDT | −0.1234% | 4h | 0.0008911 | −0.026% | $5.7M | $16.3M | 50x | as long as short |
| Variational Omni IOST | −0.1110% | 8h | 0.0008903 | −0.114% | $10K | $5K | — | as long as short |
| Bitget IOSTUSDT | −0.0984% | 4h | 0.0008910 | −0.034% | $656K | $2.2M | 25x | as long as short |
| Gate IOST_USDT | −0.0622% | 4h | 0.0008900 | −0.146% | $678K | $543K | 25x | as long as short |
| BingX IOST-USDT | −0.0432% | 4h | 0.0008906 | −0.079% | — | $2.4M | — | as long as short |
Bybit IOSTUSDT
BloFin IOST-USDT
Binance IOSTUSDT
Variational Omni IOST
Bitget IOSTUSDT
Gate IOST_USDT
BingX IOST-USDT