Funding you earn now, next payment 08:00 UTC−0.0001%/8h= −0.1% APRnext payment −$0.00 per $10,000 · paid last 24h −0.002%
Price spread now: MEXC against OKX+0.053%7-day average −0.022% · you sell dearer than you buy
Net, funding: paid 7d − costs−$115as in the Funding arb table
Net, price: spread back to 7d avg − costs−$107as in the Price arb table
costs, in and out, $10k−$1151.147% of the position
Funding, last 7 days−0.006%−$1 on $10k
+Price spread, last 7 days−0.090%−$9 · spread now +0.053%, 7d avg −0.022%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.075% dearer against OKX than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of −0.022%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX O-USDT-SWAP | 0.5625 | 0.0455 | pay 0.0227% / 4h | 3h 56m | $1.5M | $1.1M | 10x |
| Short | MEXC O_USDT | 0.5628 | 0.0454 | get 0.0227% / 4h | 3h 56m | $971K | $168K | 50x |
OKX O-USDT-SWAP
MEXC O_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
- −$0.16
- Price spread: +0.053% → −0.022%
- $7.54
- Slippage, 4 orders
- −$96.69
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee MEXC: 4 bp × 2 orders
- −$8
- Net
- −$107.31
- Costs to cover
- 1.147%
- Break-even
- never at this rate
Slippage from OKX: live order book, 5 min ago; MEXC: live order book, 54 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, 5 min ago | 2.66 bp | 46.4 bp −$46 | 8355.3 bp −$83.6K | doesn't fit | doesn't fit |
| Sell MEXC live order book, 54 min ago | 1.80 bp | 12.7 bp −$13 | 70.6 bp −$706 | 481.2 bp −$48.1K | doesn't fit |
O 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster OUSDT | +0.0100% | 4h | 0.5617 | −0.142% | $21K | $51K | 3x | as long as short |
| Gate O_USDT | +0.0100% | 4h | 0.5616 | −0.160% | $1.5M | $531K | 20x | as long as short |
| Bitget OUSDT | +0.0100% | 4h | 0.5624 | −0.018% | $1.6M | $327K | 10x | as long as short |
| Variational Omni O | +0.0100% | 4h | 0.5628 | +0.045% | $3K | $518 | — | as long as short |
| Binance OUSDT | +0.0155% | 4h | 0.5624 | −0.019% | $4.8M | $2.0M | 10x | as long as short |
| KuCoin OUSDTM | +0.0314% | 4h | 0.5623 | −0.036% | $1.3M | $675K | 20x | as long as short |
| MEXC O_USDTshort | +0.0454% | 4h | 0.5628 | +0.053% | $971K | $168K | 50x | |
| OKX O-USDT-SWAPlong | +0.0455% | 4h | 0.5625 | long leg | $1.5M | $1.1M | 10x | |
| BingX O-USDT | +0.1127% | 4h | 0.5624 | −0.018% | — | $1.6M | — | as long as short |
| Bybit OUSDT | +0.1931% | 4h | 0.5624 | −0.018% | $719K | $938K | 20x | as long as short |
Aster OUSDT
Gate O_USDT
Bitget OUSDT
Variational Omni O
Binance OUSDT
KuCoin OUSDTM
BingX O-USDT
Bybit OUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin O-USDT | +0.1940% | 4h | 0.5619 | −0.107% | $240K | $6K | 20x | as long as short |
BloFin O-USDT