Funding you earn now, next payment 08:00 UTC−0.0560%/8h= −61.3% APRnext payment −$2.80 per $10,000 · paid last 24h 0.000%
Price spread now: OKX against MEXC+0.079%7-day average +0.043% · you sell dearer than you buy
Net, funding: paid 7d − costs−$133as in the Funding arb table
Net, price: spread back to 7d avg − costs−$147as in the Price arb table
costs, in and out, $10k−$1511.507% of the position
Funding, last 7 days+0.176%+$18 on $10k
+Price spread, last 7 days+0.004%$0 · spread now +0.079%, 7d avg +0.043%
=The price spread pays, funding is against you. OKX is 0.035% dearer against MEXC than usual: you sell high and buy low (spread +0.079% now, against its 7-day average of +0.043%): +$4 on $10k if it goes back. Holding the pair costs −$17 a day in funding at the current rate, which eats that in about 5 hours. Mind the row above: over the last 7 days funding on this pair paid +0.176%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.176% in total (about 9.2% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.80 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 MUBARAK_USDT | 0.05580 | 0.0802 | pay 0.0401% / 4h | 38m 43s | $1.7M | $2.7M | 50x |
| Short | OKX MUBARAK-USDT-SWAP | 0.05584 | 0.0242 | get 0.0121% / 4h | 38m 43s | $4.5M | $121.8M | 20x |
MEXC MUBARAK_USDT
OKX MUBARAK-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
- −$117.59
- Price spread: +0.079% → +0.043%
- $3.55
- Slippage, 4 orders
- −$136.66
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$264.7
- Costs to cover
- 1.507%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 3 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, 3 min ago | 26.18 bp | 32.3 bp −$32 | 51.2 bp −$512 | 193.1 bp −$19.3K | 375.1 bp −$187.5K |
| Sell OKX live order book, 5 min ago | 3.55 bp | 16.2 bp −$16 | 65.8 bp −$658 | doesn't fit | doesn't fit |
MUBARAK 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 | |
|---|---|---|---|---|---|---|---|---|
| OKX MUBARAK-USDT-SWAPshort | +0.0242% | 4h | 0.05584 | +0.079% | $4.5M | $121.8M | 20x | |
| Bitget MUBARAKUSDT | +0.0388% | 4h | 0.05554 | −0.466% | $3.8M | $19.7M | 25x | as long as short |
| Variational Omni MUBARAK | +0.0517% | 4h | 0.05600 | +0.364% | $14K | $71K | — | as long as short |
| Aster MUBARAKUSDT | +0.0684% | 4h | 0.05550 | −0.538% | $13K | $902K | 5x | as long as short |
| MEXC MUBARAK_USDTlong | +0.0802% | 4h | 0.05580 | long leg | $1.7M | $2.7M | 50x | |
| Binance MUBARAKUSDT | +0.0804% | 4h | 0.05549 | −0.560% | $25.0M | $213.4M | 25x | as long as short |
| BingX MUBARAK-USDT | +0.0986% | 4h | 0.05551 | −0.520% | — | $4.6M | — | as long as short |
| Bybit MUBARAKUSDT | +0.1189% | 4h | 0.05577 | −0.063% | $5.6M | $29.0M | 25x | as long as short |
| KuCoin MUBARAKUSDTM | +0.1514% | 4h | 0.05564 | −0.287% | $2.9M | $3.3M | 30x | as long as short |
| Kraken Futures PF_MUBARAKUSD | +0.2294% | 1h | 0.05565 | −0.278% | $79K | $757K | 10x | as long as short |
Bitget MUBARAKUSDT
Variational Omni MUBARAK
Aster MUBARAKUSDT
Binance MUBARAKUSDT
BingX MUBARAK-USDT
Bybit MUBARAKUSDT
KuCoin MUBARAKUSDTM
Kraken Futures PF_MUBARAKUSDShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate MUBARAK_USDT | +0.2438% | 4h | 0.05562 | −0.323% | $9.6M | $13.0M | 50x | as long as short |
Gate MUBARAK_USDT