Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: OKX against MEXC−0.048%7-day average −0.016% · you buy dearer than you sell
Net, funding: paid 7d − costs−$181as in the Funding arb table
Net, price: spread back to 7d avg − costs−$185as in the Price arb table
costs, in and out, $10k−$1811.814% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)−0.068%−$7 · spread now −0.048%, 7d avg −0.016%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.032% cheaper against MEXC than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.016%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC ORDER_USDT | 0.04131 | 0.0100 | pay 0.0050% / 4h | 1h 13m | $279K | $101K | 20x |
| Short | OKX ORDER-USDT-SWAP | 0.04129 | 0.0100 | get 0.0050% / 4h | 1h 13m | $172K | $323K | 20x |
MEXC ORDER_USDT
OKX ORDER-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: −0.048% → −0.016%
- −$3.22
- Slippage, 4 orders
- −$167.37
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$184.59
- Costs to cover
- 1.814%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 31 min ago; OKX: live order book, 47 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, 31 min ago | 4.87 bp | 17.2 bp −$17 | 67.8 bp −$678 | 243.9 bp −$24.4K | doesn't fit |
| Sell OKX live order book, 47 min ago | 3.68 bp | 65.3 bp −$65 | doesn't fit | doesn't fit | doesn't fit |
ORDER 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance ORDERUSDT | +0.0100% | 4h | 0.04132 | +0.016% | $1.4M | $1.8M | 50x | as long as short |
| Bybit ORDERUSDT | +0.0100% | 8h | 0.04121 | −0.242% | $1.3M | $711K | 20x | as long as short |
| OKX ORDER-USDT-SWAPshort | +0.0100% | 4h | 0.04129 | −0.048% | $172K | $323K | 20x | |
| Gate ORDER_USDT | +0.0100% | 4h | 0.04128 | −0.073% | $78K | $65K | 20x | as long as short |
| MEXC ORDER_USDTlong | +0.0100% | 4h | 0.04131 | long leg | $279K | $101K | 20x | |
| KuCoin ORDERUSDTM | +0.0100% | 4h | 0.04134 | +0.073% | $233K | $87K | 30x | as long as short |
| Bitget ORDERUSDT | +0.0100% | 4h | 0.04127 | −0.097% | $493K | $236K | 20x | as long as short |
| BingX ORDER-USDT | +0.0100% | 4h | 0.04126 | −0.121% | — | $1.3M | — | as long as short |
| Variational Omni ORDER | +0.0100% | 8h | 0.04131 | −0.007% | $11K | $2K | — | as long as short |
| BloFin ORDER-USDT | +0.0121% | 8h | 0.04135 | +0.097% | $66K | $7K | 16x | as long as short |
Binance ORDERUSDT
Bybit ORDERUSDT
Gate ORDER_USDT
KuCoin ORDERUSDTM
Bitget ORDERUSDT
BingX ORDER-USDT
Variational Omni ORDER
BloFin ORDER-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_ORDER_USDC | +0.0714% | 4h | 0.04133 | +0.048% | $195K | $198K | 10x | as long as short |
Orderly PERP_ORDER_USDC