Funding you earn now, next payment 00:00 UTC−0.0140%/8h= −15.3% APRnext payment −$0.70 per $10,000 · paid last 24h −0.150%
Price spread now: MEXC against OKX−0.013%7-day average −0.021% · you buy dearer than you sell
Net, funding: paid 7d − costs−$59as in the Funding arb table
Net, price: spread back to 7d avg − costs−$54as in the Price arb table
costs, in and out, $10k−$540.544% of the position
Funding, last 7 days−0.049%−$5 on $10k
+Price spread, last 4 days (all we have)−0.147%−$15 · spread now −0.013%, 7d avg −0.021%
=The price spread sits at its 7-day average of −0.021%, so right now this pair is about funding alone: −$4 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX LA-USDT-SWAP | 0.07443 | 0.0086 | pay 0.0043% / 4h | 1h 09m | $1.3M | $2.8M | 20x |
| Short | MEXC LA_USDT | 0.07442 | −0.0054 | pay 0.0027% / 4h | 1h 09m | $395K | $140K | 50x |
OKX LA-USDT-SWAP
MEXC LA_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
- −$29.4
- Price spread: −0.013% → −0.021%
- $0.77
- Slippage, 4 orders
- −$40.44
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$83.06
- Costs to cover
- 0.544%
- Break-even
- never at this rate
Slippage from OKX: live order book, 3 min ago; MEXC: live order book, 65 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, 3 min ago | 2.02 bp | 16.8 bp −$17 | 346.5 bp −$3,465 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 65 min ago | 0.67 bp | 7.5 bp −$7 | 20.0 bp −$200 | 345.6 bp −$34.6K | doesn't fit |
LA 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate LA_USDT | −0.0330% | 4h | 0.07447 | +0.054% | $250K | $803K | 50x | as long as short |
| BingX LA-USDT | −0.0208% | 4h | 0.07442 | −0.013% | — | $6.6M | — | as long as short |
| Bitget LAUSDT | −0.0204% | 4h | 0.07434 | −0.121% | $2.1M | $502K | 25x | as long as short |
| Aster LAUSDT | −0.0091% | 4h | 0.07436 | −0.090% | $52K | $8K | 5x | as long as short |
| KuCoin LAUSDTM | −0.0076% | 4h | 0.07442 | −0.013% | $1.0M | $57K | 30x | as long as short |
| MEXC LA_USDTshort | −0.0054% | 4h | 0.07442 | −0.013% | $395K | $140K | 50x | |
| Binance LAUSDT | −0.0053% | 4h | 0.07442 | −0.013% | $4.7M | $8.4M | 25x | as long as short |
| BloFin LA-USDT | −0.0002% | 4h | 0.07443 | 0.000% | $248K | $19K | 25x | as long as short |
| OKX LA-USDT-SWAPlong | +0.0086% | 4h | 0.07443 | long leg | $1.3M | $2.8M | 20x | |
| Bybit LAUSDT | +0.0100% | 4h | 0.07448 | +0.067% | $2.4M | $2.3M | 25x | as long as short |
Gate LA_USDT
BingX LA-USDT
Bitget LAUSDT
Aster LAUSDT
KuCoin LAUSDTM
Binance LAUSDT
BloFin LA-USDT
Bybit LAUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT LA_USDT_Perp | +0.0100% | 4h | 0.07410 | −0.443% | $147K | $468K | 10x | as long as short |
GRVT LA_USDT_Perp