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: MEXC against OKX+0.025%7-day average +0.019% · you sell dearer than you buy
Net, funding: paid 7d − costs−$203as in the Funding arb table
Net, price: spread back to 7d avg − costs−$202as in the Price arb table
costs, in and out, $10k−$2032.026% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)+0.016%+$2 · spread now +0.025%, 7d avg +0.019%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX ORDER-USDT-SWAP | 0.04006 | 0.0100 | pay 0.0050% / 4h | 2h 49m | $163K | $274K | 20x |
| Short | MEXC ORDER_USDT | 0.04007 | 0.0100 | get 0.0050% / 4h | 2h 49m | $271K | $99K | 20x |
OKX ORDER-USDT-SWAP
MEXC ORDER_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: +0.025% → +0.019%
- $0.63
- Slippage, 4 orders
- −$188.63
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$202
- Costs to cover
- 2.026%
- Break-even
- never at this rate
Slippage from OKX: live order book, 16 min ago; MEXC: live order book, 65 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, 16 min ago | 4.94 bp | 80.5 bp −$81 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 65 min ago | 5.00 bp | 31.4 bp −$31 | 92.0 bp −$920 | 246.2 bp −$24.6K | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin ORDER-USDT | +0.0092% | 8h | 0.03956 | −1.248% | $66K | $7K | 16x | as long as short |
| Binance ORDERUSDT | +0.0100% | 4h | 0.04007 | +0.025% | $1.4M | $1.5M | 50x | as long as short |
| Bybit ORDERUSDT | +0.0100% | 8h | 0.03995 | −0.275% | $1.3M | $609K | 20x | as long as short |
| OKX ORDER-USDT-SWAPlong | +0.0100% | 4h | 0.04006 | long leg | $163K | $274K | 20x | |
| Gate ORDER_USDT | +0.0100% | 4h | 0.03999 | −0.175% | $74K | $63K | 20x | as long as short |
| MEXC ORDER_USDTshort | +0.0100% | 4h | 0.04007 | +0.025% | $271K | $99K | 20x | |
| KuCoin ORDERUSDTM | +0.0100% | 4h | 0.03996 | −0.250% | $220K | $84K | 30x | as long as short |
| Bitget ORDERUSDT | +0.0100% | 4h | 0.03997 | −0.225% | $478K | $204K | 20x | as long as short |
| BingX ORDER-USDT | +0.0100% | 4h | 0.04003 | −0.075% | — | $1.3M | — | as long as short |
| Variational Omni ORDER | +0.0100% | 8h | 0.03992 | −0.340% | $10K | $2K | — | as long as short |
BloFin ORDER-USDT
Binance ORDERUSDT
Bybit ORDERUSDT
Gate ORDER_USDT
KuCoin ORDERUSDTM
Bitget ORDERUSDT
BingX ORDER-USDT
Variational Omni ORDERShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_ORDER_USDC | +0.0845% | 4h | 0.04008 | +0.050% | $189K | $213K | 10x | as long as short |
Orderly PERP_ORDER_USDC