Settings8H · net · $10k
Funding arb · Price arb /

OL

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: OKX against MEXC+0.243%7-day average +0.085% · you sell dearer than you buy
Net, funding: paid 7d − costs−$266as in the Funding arb table
Net, price: spread back to 7d avg − costs−$250as in the Price arb table
costs, in and out, $10k−$2662.663% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 7 days−0.225%−$23 · spread now +0.243%, 7d avg +0.085%
Together, before fees−0.225%−$23 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.158% dearer against MEXC than usual: you sell high and buy low, +$16 on $10k if it goes back to its 7-day average of +0.085%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC OL_USDT0.0069860.0100pay 0.0050% / 4h2h 16m$10.3M$200K100x
ShortOKX OL-USDT-SWAP0.0070030.0100get 0.0050% / 4h2h 16m$491K$593K10x

Funding 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: +0.243% → +0.085%
$15.8
Slippage, 4 orders
−$252.28
Fee MEXC: 2 bp × 2 orders
−$4
Fee OKX: 5 bp × 2 orders
−$10
Net
−$250.48
Costs to cover
2.663%
Break-even
never at this rate
Slippage from MEXC: live order book, 2 min ago; OKX: live order book, 25 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy MEXC live order book, 2 min ago59.19 bp73.5 bp −$74100.0 bp −$1,000248.6 bp −$24.9K549.4 bp −$274.7K
Sell OKX live order book, 25 min ago12.16 bp57.0 bp −$57doesn't fitdoesn't fitdoesn't fit

OL on 2 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX OL-USDT-SWAPshort+0.0100%4h0.007003+0.243%$491K$593K10x
MEXC OL_USDTlong+0.0100%4h0.006986long leg$10.3M$200K100x