Funding you earn now, next payment 16:00 UTC−0.0014%/8h= −1.6% APRnext payment −$0.14 per $10,000 · paid last 24h −0.021%
Price spread now: OKX against MEXC+0.281%7-day average +0.171% · you sell dearer than you buy
Net, funding: paid 7d − costs−$312as in the Funding arb table
Net, price: spread back to 7d avg − costs−$308as in the Price arb table
costs, in and out, $10k−$3193.193% of the position
Funding, last 7 days+0.068%+$7 on $10k
+Price spread, last 4 days (all we have)+0.113%+$11 · spread now +0.281%, 7d avg +0.171%
=The price spread pays, funding is against you. OKX is 0.110% dearer against MEXC than usual: you sell high and buy low (spread +0.281% now, against its 7-day average of +0.171%): +$11 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 26 days. Mind the row above: over the last 7 days funding on this pair paid +0.068%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC BBSTOCK_USDT | 8.5400 | 0.0207 | pay 0.0207% / 8h | 6h 59m | $310K | $105K | 50x |
| Short | OKX BB-USDT-SWAP | 8.5640 | 0.0193 | get 0.0193% / 8h | 6h 59m | $210K | $547K | 20x |
MEXC BBSTOCK_USDT
OKX BB-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
- −$3.01
- Price spread: +0.281% → +0.171%
- $11.01
- Slippage, 4 orders
- −$309.25
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$311.25
- Costs to cover
- 3.193%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 16 min ago; OKX: live order book, 31 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, 16 min ago | 17.58 bp | 72.3 bp −$72 | 196.8 bp −$1,968 | 236.4 bp −$23.6K | doesn't fit |
| Sell OKX live order book, 31 min ago | 9.43 bp | 69.1 bp −$69 | doesn't fit | doesn't fit | doesn't fit |
BB on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget BBSTOCKUSDT | 0.0000% | 8h | 8.5340 | −0.070% | $49K | $16K | 20x | as long as short |
| QFEX BB-USD | +0.0008% | 1h | 8.5400 | 0.000% | $1.1M | $189K | 10x | as long as short |
| Vest BB-USD-PERP | +0.0046% | 1h | 8.5400 | 0.000% | — | $774 | 10x | as long as short |
| OKX BB-USDT-SWAPshort | +0.0193% | 8h | 8.5640 | +0.281% | $210K | $547K | 20x | |
| MEXC BBSTOCK_USDTlong | +0.0207% | 8h | 8.5400 | long leg | $310K | $105K | 50x | |
| Ondo Perps BB-USD.P | +0.0768% | 1h | 8.5399 | −0.001% | $491K | $370K | 10x | as long as short |
| Extended BB-USD | +0.0920% | 1h | 8.5559 | +0.186% | $9K | $11K | 10x | as long as short |
| Lighter BB | +0.1056% | 1h | 8.5619 | +0.256% | $187K | $149K | 10x | as long as short |
| tradeXYZ xyz:BB | +0.1841% | 1h | 8.5566 | +0.194% | $10.9M | $3.1M | 10x | as long as short |
Bitget BBSTOCKUSDT
QFEX BB-USD
Vest BB-USD-PERP
Ondo Perps BB-USD.P
Extended BB-USD
Lighter BB
tradeXYZ xyz:BB