Funding you earn now, next payment 12:00 UTC+0.0800%/8h= +87.6% APRpaid last 24h −0.026%
Price spread now: MEXC against OKX−0.179%7-day average −0.036% · you buy dearer than you sell
Net, funding: paid 7d − costs−$285as in the Funding arb table
Net, price: spread back to 7d avg − costs−$279as in the Price arb table
costs, in and out, $10k−$2652.652% of the position
Funding, last 7 days−0.194%−$19 on $10k
+Price spread, last 4 days (all we have)+0.157%+$16 · spread now −0.179%, 7d avg −0.036%
=Funding pays, the price is against you. MEXC is 0.143% cheaper against OKX than usual: you would sell low and buy high (spread −0.179% now, against its 7-day average of −0.036%). If the spread goes back, that is −$14 on $10k: about 14 hours of funding at the current rate (+$24 a day). Mind the row above: over the last 7 days funding on this pair cost −0.194%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.194% in total (about -11.1% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX LGELECTRONICS-USDT-SWAP | 156.70 | −0.0912 | get 0.0912% / 8h | 6h 17m | $102K | $100K | 20x |
| Short | MEXC LGELECTRONICS_USDT | 156.42 | −0.0112 | pay 0.0056% / 4h | 2h 17m | $216K | $140K | 20x |
OKX LGELECTRONICS-USDT-SWAP
MEXC LGELECTRONICS_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
- $167.96
- Price spread: −0.179% → −0.036%
- −$14.25
- Slippage, 4 orders
- −$255.24
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$111.53
- Costs to cover
- 2.652%
- Break-even
- 11.6 days
Slippage from OKX: live order book, 30 min ago; MEXC: live order book, 26 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, 30 min ago | 7.74 bp | 107.8 bp −$108 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 26 min ago | 11.59 bp | 44.1 bp −$44 | 147.9 bp −$1,479 | doesn't fit | doesn't fit |
LGELECTRONICS on 9 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit LGELECTRONICSUSDT | −0.3838% | 8h | 156.35 | −0.223% | $40K | $55K | 25x | as long as short |
| Bitget LGELECTRONICSUSDT | −0.1831% | 8h | 156.42 | −0.179% | $244K | $687K | 20x | as long as short |
| OKX LGELECTRONICS-USDT-SWAPlong | −0.0912% | 8h | 156.70 | long leg | $102K | $100K | 20x | |
| MEXC LGELECTRONICS_USDTshort | −0.0112% | 4h | 156.42 | −0.179% | $216K | $140K | 20x | |
| Binance LGELECTRONICSUSDT | −0.0080% | 4h | 156.29 | −0.264% | $100K | $715K | 20x | as long as short |
| edgeX LGELUSDC | −0.0051% | 4h | 156.26 | −0.281% | $13K | $220K | 10x | as long as short |
| Gate LGELECTRONICS_USDT | 0.0000% | 4h | 156.17 | −0.338% | $104K | $70K | 20x | as long as short |
| HTX LGELECTRONICS-USDT | 0.0000% | 4h | 155.46 | −0.791% | $9K | $40K | 10x | as long as short |
| GRVT LGELECTRONICS_USDT_Perp | +0.0360% | 4h | 156.25 | −0.285% | $177 | $162K | 10x | as long as short |
Bybit LGELECTRONICSUSDT
Bitget LGELECTRONICSUSDT
Binance LGELECTRONICSUSDT
edgeX LGELUSDC
Gate LGELECTRONICS_USDT
HTX LGELECTRONICS-USDT
GRVT LGELECTRONICS_USDT_Perp