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+0.044%7-day average −0.003% · you sell dearer than you buy
Net, funding: paid 7d − costs−$52as in the Funding arb table
Net, price: spread back to 7d avg − costs−$47as in the Price arb table
costs, in and out, $10k−$520.516% of the position
Funding, last 7 days−0.001%$0 on $10k
+Price spread, last 7 days−0.047%−$5 · spread now +0.044%, 7d avg −0.003%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.047% dearer against MEXC than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of −0.003%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC PI_USDT | 0.09148 | 0.0100 | pay 0.0050% / 4h | 25m 23s | $10.0M | $1.5M | 125x |
| Short | OKX PI-USDT-SWAP | 0.09152 | 0.0100 | get 0.0050% / 4h | 25m 23s | $2.6M | $7.3M | 20x |
MEXC PI_USDT
OKX PI-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: +0.044% → −0.003%
- $4.71
- Slippage, 4 orders
- −$37.61
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$46.9
- Costs to cover
- 0.516%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 3 min ago; OKX: live order book, 3 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, 3 min ago | 1.10 bp | 8.4 bp −$8 | 51.3 bp −$513 | 159.9 bp −$16.0K | 279.3 bp −$139.6K |
| Sell OKX live order book, 3 min ago | 1.10 bp | 15.3 bp −$15 | 72.0 bp −$720 | doesn't fit | doesn't fit |
PI on 6 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective PI/USDC PERP | +0.0033% | 1h | 0.09090 | −0.634% | $1 | $75K | 5.5x | as long as short |
| Bitget PIUSDT | +0.0052% | 4h | 0.09140 | −0.087% | $5.0M | $2.2M | 50x | as long as short |
| OKX PI-USDT-SWAPshort | +0.0100% | 4h | 0.09152 | +0.044% | $2.6M | $7.3M | 20x | |
| Gate PI_USDT | +0.0100% | 4h | 0.09150 | +0.022% | $2.7M | $2.6M | 50x | as long as short |
| MEXC PI_USDTlong | +0.0100% | 4h | 0.09148 | long leg | $10.0M | $1.5M | 125x | |
| BingX PI-USDT | +0.0100% | 4h | 0.09150 | +0.022% | — | $6.6M | — | as long as short |
Injective PI/USDC PERP
Bitget PIUSDT
Gate PI_USDT
BingX PI-USDT