Funding you earn now, next payment 16:00 UTC−0.0006%/8h= −0.7% APRnext payment −$0.06 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against OKX−0.081%7-day average −0.011% · you buy dearer than you sell
Net, funding: paid 7d − costs−$151as in the Funding arb table
Net, price: spread back to 7d avg − costs−$158as in the Price arb table
costs, in and out, $10k−$1511.511% of the position
Funding, last 7 days−0.001%$0 on $10k
+Price spread, last 4 days (all we have)−0.462%−$46 · spread now −0.081%, 7d avg −0.011%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.070% cheaper against OKX than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of −0.011%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX SATS-USDT-SWAP | 0.00000001234 | 0.0240 | pay 0.0240% / 8h | 7h 48m | $806K | $3.1M | 10x |
| Short | MEXC SATS_USDT | 0.00000001233 | 0.0234 | get 0.0234% / 8h | 7h 48m | $390K | $194K | 100x |
OKX SATS-USDT-SWAP
MEXC SATS_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
- −$1.32
- Price spread: −0.081% → −0.011%
- −$6.96
- Slippage, 4 orders
- −$133.11
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee MEXC: 4 bp × 2 orders
- −$8
- Net
- −$159.39
- Costs to cover
- 1.511%
- Break-even
- never at this rate
Slippage from OKX: live order book, 4 min ago; MEXC: live order book, 32 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, 4 min ago | 4.88 bp | 30.9 bp −$31 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 32 min ago | 12.29 bp | 35.9 bp −$36 | 155.2 bp −$1,552 | 270.5 bp −$27.0K | 533.2 bp −$266.6K |
SATS on 8 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 1000SATSUSDT | +0.0100% | 4h | 0.00000001230 | −0.324% | $2.1M | $5.8M | 25x | as long as short |
| Bybit 10000SATSUSDT | +0.0100% | 4h | 0.00000001232 | −0.162% | $282K | $894K | 13x | as long as short |
| Gate SATS_USDT | +0.0100% | 4h | 0.00000001230 | −0.324% | $362K | $260K | 25x | as long as short |
| KuCoin 10000SATSUSDTM | +0.0100% | 4h | 0.00000001230 | −0.324% | $187K | $91K | 10x | as long as short |
| Bitget 1000SATSUSDT | +0.0100% | 4h | 0.00000001232 | −0.162% | $717K | $260K | 25x | as long as short |
| BingX 10000SATS-USDT | +0.0224% | 4h | 0.00000001232 | −0.162% | — | $5.6M | — | as long as short |
| MEXC SATS_USDTshort | +0.0234% | 8h | 0.00000001233 | −0.081% | $390K | $194K | 100x | |
| OKX SATS-USDT-SWAPlong | +0.0240% | 8h | 0.00000001234 | long leg | $806K | $3.1M | 10x |
Binance 1000SATSUSDT
Bybit 10000SATSUSDT
Gate SATS_USDT
KuCoin 10000SATSUSDTM
Bitget 1000SATSUSDT
BingX 10000SATS-USDT