Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.034%
Price spread now: OKX against MEXC−0.050%7-day average −0.031% · you buy dearer than you sell
Net, funding: paid 7d − costs−$87as in the Funding arb table
Net, price: spread back to 7d avg − costs−$75as in the Price arb table
costs, in and out, $10k−$730.733% of the position
Funding, last 7 days−0.134%−$13 on $10k
+Price spread, last 7 days+0.082%+$8 · spread now −0.050%, 7d avg −0.031%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC S_USDT | 0.04027 | 0.0100 | pay 0.0050% / 4h | 2h 16m | $3.8M | $1.7M | 200x |
| Short | OKX S-USDT-SWAP | 0.04025 | 0.0100 | get 0.0050% / 4h | 2h 16m | $1.0M | $3.8M | 20x |
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 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: −0.050% → −0.031%
- −$1.85
- Slippage, 4 orders
- −$59.3
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$75.14
- Costs to cover
- 0.733%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 5 min ago; OKX: live order book, just now.
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, 5 min ago | 1.25 bp | 4.9 bp −$5 | 84.8 bp −$848 | 281.7 bp −$28.2K | doesn't fit |
| Sell OKX live order book, just now | 2.48 bp | 26.7 bp −$27 | doesn't fit | doesn't fit | doesn't fit |
S on 25 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 | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange SUSD | −1.0048% | 1h | 0.03850 | −4.395% | $24K | $2K | 5x | as long as short |
| Kraken Futures PF_SUSD | −0.1807% | 1h | 0.04025 | −0.054% | $35K | $16K | 10x | as long as short |
| Coinbase International S-PERP-INTX | −0.1232% | 1h | 0.03961 | −1.639% | $48K | $18K | 25x | as long as short |
| GMX S/USD [WBTC.b-USDC] | L −0.0206% / S +0.0198% | 1h | 0.04026 | −0.030% | $1K | — | 100x | as long as short |
| Reya SRUSDPERP | −0.0101% | 1h | 0.04024 | −0.072% | $4 | — | 15x | as long as short |
| Variational Omni S | −0.0081% | 4h | 0.04012 | −0.365% | $623K | $25K | — | as long as short |
| gTrade (Gains Network) S/USD | L +0.0001% / S +0.0006% | 1h | 0.04026 | −0.037% | $620 | — | 150x | as long as short |
| Injective S/USDC PERP | +0.0033% | 1h | 0.04100 | +1.813% | $2K | $37K | 12x | as long as short |
| Orderly PERP_S_USDC | +0.0084% | 4h | 0.04028 | +0.025% | $100K | $554K | 10x | as long as short |
| Lighter S | +0.0096% | 1h | 0.04030 | +0.074% | $172K | $140K | 5x | as long as short |
Show all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid S | +0.0100% | 1h | 0.04026 | −0.017% | $1.0M | $595K | 5x | as long as short |
| Aster SUSDT | +0.0100% | 4h | 0.04027 | +0.006% | $47K | $111K | 10x | as long as short |
| Binance SUSDT | +0.0100% | 4h | 0.04027 | 0.000% | $5.7M | $13.7M | 75x | as long as short |
| Bybit SUSDT | +0.0100% | 4h | 0.04021 | −0.149% | $5.7M | $4.3M | 50x | as long as short |
| OKX S-USDT-SWAPshort | +0.0100% | 4h | 0.04025 | −0.050% | $1.0M | $3.8M | 20x | |
| Gate S_USDT | +0.0100% | 4h | 0.04025 | −0.050% | $328K | $185K | 50x | as long as short |
| MEXC S_USDTlong | +0.0100% | 4h | 0.04027 | long leg | $3.8M | $1.7M | 200x | |
| KuCoin SUSDTM | +0.0100% | 4h | 0.04023 | −0.099% | $1.8M | $2.8M | 50x | as long as short |
| Bitget SUSDT | +0.0100% | 4h | 0.04028 | +0.025% | $1.2M | $2.3M | 50x | as long as short |
| BingX S-USDT | +0.0100% | 4h | 0.04027 | 0.000% | — | $6.8M | — | as long as short |
| ApeX Omni SUSDT | +0.0100% | 1h | 0.04030 | +0.074% | $24K | $484K | 50x | as long as short |
| Extended S-USD | +0.0104% | 1h | 0.04025 | −0.051% | $226K | $593K | 10x | as long as short |
| BloFin S-USDT | +0.0340% | 4h | 0.04022 | −0.124% | $276K | $115K | 75x | as long as short |
| Deribit S_USDC-PERPETUAL | +0.0743% | 1h | 0.04031 | +0.099% | $68K | $10K | 10x | as long as short |
| Backpack S_USDC_PERP | +0.2384% | 1h | 0.04040 | +0.323% | $117K | $426K | 5x | as long as short |
MEXC S_USDT
OKX S-USDT-SWAP
01 Exchange SUSD
Kraken Futures PF_SUSD
Coinbase International S-PERP-INTX
GMX S/USD [WBTC.b-USDC]
Variational Omni S
gTrade (Gains Network) S/USD
Injective S/USDC PERP
Lighter S
Hyperliquid S
Aster SUSDT
Binance SUSDT
Bybit SUSDT
Gate S_USDT
KuCoin SUSDTM
Bitget SUSDT
BingX S-USDT
ApeX Omni SUSDT
Extended S-USD
BloFin S-USDT
Deribit S_USDC-PERPETUAL
Backpack S_USDC_PERP