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: MEXC against OKX+0.177%7-day average −0.048% · you sell dearer than you buy
Net, funding: paid 7d − costs−$202as in the Funding arb table
Net, price: spread back to 7d avg − costs−$179as in the Price arb table
costs, in and out, $10k−$2012.014% of the position
Funding, last 7 days−0.002%$0 on $10k
+Price spread, last 4 days (all we have)−0.437%−$44 · spread now +0.177%, 7d avg −0.048%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.225% dearer against OKX than usual: you sell high and buy low, +$23 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 | OKX OFC-USDT-SWAP | 0.009024 | 0.0100 | pay 0.0050% / 4h | 1h 10m | $1.1M | $3.9M | 10x |
| Short | MEXC OFC_USDT | 0.009040 | 0.0100 | get 0.0050% / 4h | 1h 10m | $2.0M | $175K | 50x |
OKX OFC-USDT-SWAP
MEXC OFC_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
- Price spread: +0.177% → −0.048%
- $22.55
- Slippage, 4 orders
- −$187.42
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$178.87
- Costs to cover
- 2.014%
- Break-even
- never at this rate
Slippage from OKX: live order book, 2 min ago; MEXC: live order book, 2 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, 2 min ago | 4.41 bp | 57.0 bp −$57 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 2 min ago | 5.52 bp | 40.0 bp −$40 | 85.7 bp −$857 | 367.8 bp −$36.8K | 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-SWAPlong | +0.0100% | 4h | 0.009024 | long leg | $1.1M | $3.9M | 10x | |
| MEXC OFC_USDTshort | +0.0100% | 4h | 0.009040 | +0.177% | $2.0M | $175K | 50x | |
| BingX OFC-USDT | +0.0100% | 4h | 0.009025 | +0.011% | — | $1.7M | — | as long as short |
BingX OFC-USDT