Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.001%
Price spread now: OKX against MEXC+0.089%7-day average +0.048% · you sell dearer than you buy
Net, funding: paid 7d − costs−$198as in the Funding arb table
Net, price: spread back to 7d avg − costs−$195as in the Price arb table
costs, in and out, $10k−$1991.986% of the position
Funding, last 7 days+0.002%$0 on $10k
+Price spread, last 4 days (all we have)+0.171%+$17 · spread now +0.089%, 7d avg +0.048%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.041% dearer against MEXC than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.048%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC OFC_USDT | 0.009020 | 0.0100 | pay 0.0050% / 4h | 1h 33m | $2.0M | $174K | 50x |
| Short | OKX OFC-USDT-SWAP | 0.009028 | 0.0100 | get 0.0050% / 4h | 1h 33m | $1.1M | $4.0M | 10x |
MEXC OFC_USDT
OKX OFC-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
- $0
- Price spread: +0.089% → +0.048%
- $4.05
- Slippage, 4 orders
- −$184.57
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$194.51
- Costs to cover
- 1.986%
- 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 | 2.77 bp | 33.9 bp −$34 | 83.6 bp −$836 | 425.7 bp −$42.6K | doesn't fit |
| Sell OKX live order book, 4 min ago | 4.43 bp | 79.1 bp −$79 | doesn't fit | doesn't fit | doesn't fit |
OFC on 3 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 OFC-USDT-SWAPshort | +0.0100% | 4h | 0.009028 | +0.089% | $1.1M | $4.0M | 10x | |
| MEXC OFC_USDTlong | +0.0100% | 4h | 0.009020 | long leg | $2.0M | $174K | 50x | |
| BingX OFC-USDT | +0.0100% | 4h | 0.009019 | −0.011% | — | $1.7M | — | as long as short |
BingX OFC-USDT