Funding you earn now, next payment 08:00 UTC−0.0162%/8h= −17.7% APRnext payment −$0.81 per $10,000 · paid last 24h −0.026%
Price spread now: MEXC against HTX+0.129%50s7-day average +0.064% · you sell dearer than you buy
Net, funding: paid 7d − costs−$33as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$250.252% of the position
Funding, last 7 days−0.074%−$7 on $10k
+Price spread, last 4 days (all we have)−0.007%−$1 · spread now +0.129%, 7d avg +0.064%
=The price spread pays, funding is against you. MEXC is 0.065% dearer against HTX than usual: you sell high and buy low (spread +0.129% now, against its 7-day average of +0.064%): +$7 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 32 hours. At the pace of the last 7 days (−0.074% in total) that is about 6.2 days. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX USOIL-USDT | 93.100 | 0 | get 0.0000% / 4h | 40m 18s | $1.8M | $3.7M | 75x |
| Short | MEXC USOIL_USDT | 93.220 | −0.0162 | pay 0.0081% / 4h | 40m 18s | $67.1M | $59.9M | 200x |
HTX USOIL-USDT
MEXC USOIL_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against HTX. 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
- −$34.02
- Price spread: +0.129% → +0.064%
- $6.51
- Slippage, 4 orders
- −$11.21
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee MEXC: 1 bp × 2 orders
- −$2
- Net
- −$52.72
- Costs to cover
- 0.252%
- Break-even
- never at this rate
Slippage from HTX: live order book, 4 min ago; MEXC: 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 HTX live order book, 4 min ago | 0.54 bp | 13.5 bp −$13 | 14.9 bp −$149 | 16.5 bp −$1,648 | doesn't fit |
| Sell MEXC live order book, 4 min ago | 0.54 bp | 2.6 bp −$3 | 2.6 bp −$26 | 2.9 bp −$294 | 5.5 bp −$2,749 |
USOIL on 3 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 | |
|---|---|---|---|---|---|---|---|---|
| MEXC USOIL_USDTshort | −0.0162% | 4h | 93.220 | +0.129% | $67.1M | $59.9M | 200x | |
| SunX USOIL-USDT | 0.0000% | 4h | 93.160 | +0.064% | $4K | $2.4M | 20x | as long as short |
| HTX USOIL-USDTlong | 0.0000% | 4h | 93.100 | long leg | $1.8M | $3.7M | 75x |
SunX USOIL-USDT