Funding you earn now, next payment 08:00 UTC−0.0196%/8h= −21.5% APRnext payment −$0.98 per $10,000 · paid last 24h −0.065%
Price spread now: OKX against MEXC+0.110%7-day average +0.006% · you sell dearer than you buy
Net, funding: paid 7d − costs−$168as in the Funding arb table
Net, price: spread back to 7d avg − costs−$135as in the Price arb table
costs, in and out, $10k−$1461.457% of the position
Funding, last 7 days−0.219%−$22 on $10k
+Price spread, last 7 days−0.089%−$9 · spread now +0.110%, 7d avg +0.006%
=The price spread pays, funding is against you. OKX is 0.104% dearer against MEXC than usual: you sell high and buy low (spread +0.110% now, against its 7-day average of +0.006%): +$10 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 42 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC LIGHT_USDT | 0.1823 | 0.0296 | pay 0.0148% / 4h | 2h 37m | $1.4M | $295K | 50x |
| Short | OKX LIGHT-USDT-SWAP | 0.1825 | 0.0100 | get 0.0050% / 4h | 2h 37m | $902K | $1.3M | 10x |
MEXC LIGHT_USDT
OKX LIGHT-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
- −$41.16
- Price spread: +0.110% → +0.006%
- $10.39
- Slippage, 4 orders
- −$135.65
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$176.42
- Costs to cover
- 1.457%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 4 min ago; OKX: 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 MEXC live order book, 4 min ago | 2.74 bp | 38.8 bp −$39 | 165.8 bp −$1,658 | 301.8 bp −$30.2K | doesn't fit |
| Sell OKX live order book, 4 min ago | 2.74 bp | 40.9 bp −$41 | 1606.1 bp −$16.1K | doesn't fit | doesn't fit |
LIGHT 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 LIGHT-USDT-SWAPshort | +0.0100% | 4h | 0.1825 | +0.110% | $902K | $1.3M | 10x | |
| Gate LIGHT_USDT | +0.0100% | 8h | 0.1820 | −0.165% | $2.3M | $548K | 10x | as long as short |
| KuCoin LIGHTUSDTM | +0.0100% | 4h | 0.1819 | −0.208% | $2.0M | $2.5M | 10x | as long as short |
| SunX LIGHT-USDT | +0.0100% | 4h | 0.1812 | −0.603% | $2K | $1.4M | 20x | as long as short |
| Bybit LIGHTUSDT | +0.0139% | 4h | 0.1819 | −0.219% | $2.2M | $611K | 13x | as long as short |
| Aster LIGHTUSDT | +0.0170% | 4h | 0.1820 | −0.171% | $22K | $6K | 5x | as long as short |
| BloFin LIGHT-USDT | +0.0283% | 4h | 0.1818 | −0.274% | $240K | $15K | 10x | as long as short |
| MEXC LIGHT_USDTlong | +0.0296% | 4h | 0.1823 | long leg | $1.4M | $295K | 50x | |
| Binance LIGHTUSDT | +0.0297% | 4h | 0.1824 | +0.055% | $4.2M | $3.1M | 10x | as long as short |
Gate LIGHT_USDT
KuCoin LIGHTUSDTM
SunX LIGHT-USDT
Bybit LIGHTUSDT
Aster LIGHTUSDT
BloFin LIGHT-USDT
Binance LIGHTUSDT