Funding you earn now, next payment 12:00 UTC−0.0021%/8h= −2.3% APRnext payment −$0.11 per $10,000 · paid last 24h +0.059%
Price spread now: OKX against MEXC+0.044%7-day average +0.026% · you sell dearer than you buy
Net, funding: paid 7d − costs−$75as in the Funding arb table
Net, price: spread back to 7d avg − costs−$68as in the Price arb table
costs, in and out, $10k−$700.697% of the position
Funding, last 7 days−0.053%−$5 on $10k
+Price spread, last 4 days (all we have)+0.054%+$5 · spread now +0.044%, 7d avg +0.026%
=The price spread sits at its 7-day average of +0.026%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC PROVE_USDT | 0.2293 | −0.0458 | get 0.0229% / 4h | 3h 54m | $302K | $379K | 20x |
| Short | OKX PROVE-USDT-SWAP | 0.2294 | −0.0479 | pay 0.0240% / 4h | 3h 54m | $640K | $6.4M | 20x |
MEXC PROVE_USDT
OKX PROVE-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
- −$4.5
- Price spread: +0.044% → +0.026%
- $1.74
- Slippage, 4 orders
- −$55.75
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$72.51
- Costs to cover
- 0.697%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 26 min ago; OKX: live order book, 4 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, 26 min ago | 2.19 bp | 9.9 bp −$10 | 40.2 bp −$402 | 222.1 bp −$22.2K | doesn't fit |
| Sell OKX live order book, 4 min ago | 4.36 bp | 25.4 bp −$25 | 88.8 bp −$888 | doesn't fit | doesn't fit |
PROVE on 14 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 | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni PROVEUSDT | −0.1074% | 1h | 0.2298 | +0.218% | $15K | $308K | 50x | as long as short |
| GRVT PROVE_USDT_Perp | −0.0972% | 4h | 0.2296 | +0.111% | $223K | $3.5M | 10x | as long as short |
| Aster PROVEUSDT | −0.0965% | 4h | 0.2295 | +0.076% | $38K | $208K | 5x | as long as short |
| Bitget PROVEUSDT | −0.0842% | 4h | 0.2294 | +0.044% | $630K | $3.5M | 50x | as long as short |
| Gate PROVE_USDT | −0.0796% | 4h | 0.2298 | +0.218% | $157K | $686K | 75x | as long as short |
| Hyperliquid PROVE | −0.0676% | 1h | 0.2295 | +0.096% | $322K | $683K | 3x | as long as short |
| KuCoin PROVEUSDTM | −0.0508% | 4h | 0.2296 | +0.109% | $2.8M | $683K | 50x | as long as short |
| OKX PROVE-USDT-SWAPshort | −0.0479% | 4h | 0.2294 | +0.044% | $640K | $6.4M | 20x | |
| Binance PROVEUSDT | −0.0459% | 4h | 0.2293 | 0.000% | $3.4M | $29.1M | 75x | as long as short |
| MEXC PROVE_USDTlong | −0.0458% | 4h | 0.2293 | long leg | $302K | $379K | 20x |
ApeX Omni PROVEUSDT
GRVT PROVE_USDT_Perp
Aster PROVEUSDT
Bitget PROVEUSDT
Gate PROVE_USDT
Hyperliquid PROVE
KuCoin PROVEUSDTM
Binance PROVEUSDTShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit PROVEUSDT | −0.0439% | 4h | 0.2299 | +0.262% | $2.1M | $8.5M | 25x | as long as short |
| Lighter PROVE | +0.0096% | 1h | 0.2296 | +0.144% | $36K | $118K | 3x | as long as short |
| BingX PROVE-USDT | +0.0100% | 4h | 0.2296 | +0.131% | — | $2.4M | — | as long as short |
| Variational Omni PROVE | +0.0100% | 4h | 0.2300 | +0.289% | $27K | $45K | — | as long as short |
Bybit PROVEUSDT
Lighter PROVE
BingX PROVE-USDT
Variational Omni PROVE