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 OKX0.000%7-day average −0.010% · you sell dearer than you buy
Net, funding: paid 7d − costs−$65as in the Funding arb table
Net, price: spread back to 7d avg − costs−$63as in the Price arb table
costs, in and out, $10k−$640.642% of the position
Funding, last 7 days−0.009%−$1 on $10k
+Price spread, last 7 days+0.036%+$4 · spread now 0.000%, 7d avg −0.010%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX SPK-USDT-SWAP | 0.02144 | 0.0100 | pay 0.0050% / 4h | 3h 59m | $760K | $1.9M | 20x |
| Short | MEXC SPK_USDT | 0.02144 | 0.0100 | get 0.0050% / 4h | 3h 59m | $2.1M | $637K | 50x |
OKX SPK-USDT-SWAP
MEXC SPK_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: 0.000% → −0.010%
- $1.02
- Slippage, 4 orders
- −$50.2
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$63.18
- Costs to cover
- 0.642%
- Break-even
- never at this rate
Slippage from OKX: live order book, 2 min ago; MEXC: live order book, 2 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, 2 min ago | 4.67 bp | 25.7 bp −$26 | 682.7 bp −$6,827 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 2 min ago | 2.34 bp | 6.1 bp −$6 | 40.3 bp −$403 | 221.9 bp −$22.2K | 468.1 bp −$234.1K |
SPK 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster SPKUSDT | +0.0020% | 4h | 0.02142 | −0.092% | $9K | $64K | 5x | as long as short |
| Gate SPK_USDT | +0.0020% | 4h | 0.02142 | −0.093% | $144K | $130K | 50x | as long as short |
| BloFin SPK-USDT | +0.0072% | 4h | 0.02141 | −0.140% | $189K | $34K | 50x | as long as short |
| Binance SPKUSDT | +0.0100% | 4h | 0.02142 | −0.090% | $3.8M | $5.5M | 50x | as long as short |
| Bybit SPKUSDT | +0.0100% | 4h | 0.02142 | −0.103% | $1.9M | $2.1M | 25x | as long as short |
| OKX SPK-USDT-SWAPlong | +0.0100% | 4h | 0.02144 | long leg | $760K | $1.9M | 20x | |
| MEXC SPK_USDTshort | +0.0100% | 4h | 0.02144 | 0.000% | $2.1M | $637K | 50x | |
| KuCoin SPKUSDTM | +0.0100% | 4h | 0.02145 | +0.047% | $926K | $415K | 30x | as long as short |
| Bitget SPKUSDT | +0.0100% | 4h | 0.02143 | −0.047% | $1.3M | $1.4M | 50x | as long as short |
| BingX SPK-USDT | +0.0100% | 4h | 0.02144 | 0.000% | — | $2.3M | — | as long as short |
Aster SPKUSDT
Gate SPK_USDT
BloFin SPK-USDT
Binance SPKUSDT
Bybit SPKUSDT
KuCoin SPKUSDTM
Bitget SPKUSDT
BingX SPK-USDTShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni SPK | +0.0100% | 4h | 0.02140 | −0.177% | $158K | $62K | — | as long as short |
| SunX SPK-USDT | +0.0100% | 4h | 0.02189 | +2.099% | $884 | $1.1M | 20x | as long as short |
| Extended SPK-USD | +0.0104% | 1h | 0.02143 | −0.069% | $3K | $146K | 5x | as long as short |
| Kraken Futures PF_SPKUSD | +0.1359% | 1h | 0.02155 | +0.521% | $23K | $29K | 10x | as long as short |
Variational Omni SPK
SunX SPK-USDT
Extended SPK-USD
Kraken Futures PF_SPKUSD