Funding you earn now, next payment 08:00 UTC+0.1930%/8h= +211.3% APRpaid last 24h −0.100%
Price spread now: OKX against MEXC+0.183%7-day average −0.066% · you sell dearer than you buy
Net, funding: paid 7d − costs−$78as in the Funding arb table
Net, price: spread back to 7d avg − costs−$87as in the Price arb table
costs, in and out, $10k−$1121.117% of the position
Funding, last 7 days+0.340%+$34 on $10k
+Price spread, last 4 days (all we have)−0.157%−$16 · spread now +0.183%, 7d avg −0.066%
=Both sides work for this trade now. Funding pays +$58 a day on $10k at the current rate, and OKX is 0.248% dearer against MEXC than usual: you sell high and buy low: +$25 more if the spread goes back to its 7-day average of −0.066%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.340% in total (about 17.7% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC CSOPSKHYNIX2L_USDT | 5.4720 | −0.1930 | get 0.0965% / 4h | 1h 41m | $107K | $95K | 10x |
| Short | OKX CSOPSKHYNIX2L-USDT-SWAP | 5.4820 | 0 | get 0.0000% / 8h | 1h 41m | $145K | $323K | 10x |
MEXC CSOPSKHYNIX2L_USDT
OKX CSOPSKHYNIX2L-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
- $405.3
- Price spread: +0.183% → −0.066%
- $24.83
- Slippage, 4 orders
- −$101.72
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- $318.41
- Costs to cover
- 1.117%
- Break-even
- 1.5 days
Slippage from MEXC: live order book, 39 min ago; OKX: live order book, 64 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, 39 min ago | 6.34 bp | 10.6 bp −$11 | 36.0 bp −$360 | 205.8 bp −$20.6K | 296.4 bp −$148.2K |
| Sell OKX live order book, 64 min ago | 7.98 bp | 48.1 bp −$48 | doesn't fit | doesn't fit | doesn't fit |
CSOPSKHYNIX2L on 7 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 CSOPSKHYNIX2L_USDTlong | −0.1930% | 4h | 5.4720 | long leg | $107K | $95K | 10x | |
| Binance CSOPSKHYNIX2LUSDT | −0.1916% | 4h | 5.4699 | −0.039% | $1.3M | $6.5M | 20x | as long as short |
| BloFin CSOPSKHYNIX2L-USDT | −0.1914% | 4h | 5.4660 | −0.110% | — | $192K | 20x | as long as short |
| Bybit CSOPSKHYNIX2LUSDT | −0.0155% | 8h | 5.4790 | +0.128% | $92K | $131K | 20x | as long as short |
| OKX CSOPSKHYNIX2L-USDT-SWAPshort | 0.0000% | 8h | 5.4820 | +0.183% | $145K | $323K | 10x | |
| Gate CSOPSKHYNIX2L_USDT | 0.0000% | 4h | 5.4760 | +0.073% | $97K | $50K | 20x | as long as short |
| HTX CSOPSKHYNIX2L-USDT | 0.0000% | 4h | 5.4940 | +0.402% | $21K | $344K | 10x | as long as short |
Binance CSOPSKHYNIX2LUSDT
BloFin CSOPSKHYNIX2L-USDT
Bybit CSOPSKHYNIX2LUSDT
Gate CSOPSKHYNIX2L_USDT
HTX CSOPSKHYNIX2L-USDT