Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Phemex against OKX+0.153%7-day average −0.031% · you sell dearer than you buy
Net, funding: paid 7d − costs−$368as in the Funding arb table
Net, price: spread back to 7d avg − costs−$350as in the Price arb table
costs, in and out, $10k−$3683.683% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)−0.090%−$9 · spread now +0.153%, 7d avg −0.031%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Phemex is 0.184% dearer against OKX than usual: you sell high and buy low, +$18 on $10k if it goes back to its 7-day average of −0.031%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX MARA-USDT-SWAP | 13.050 | 0 | get 0.0000% / 8h | 36m 47s | $60K | $185K | 20x |
| Short | Phemex MARAUSDT | 13.070 | 0 | get 0.0000% / 8h | 36m 47s | $374K | $38K | 20x |
OKX MARA-USDT-SWAP
Phemex MARAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex 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: +0.153% → −0.031%
- $18.4
- Slippage, 4 orders
- −$346.32
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$349.92
- Costs to cover
- 3.683%
- Break-even
- never at this rate
Slippage from OKX: live order book, 63 min ago; Phemex: live order book, 1 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, 63 min ago | 7.63 bp | 113.6 bp −$114 | doesn't fit | doesn't fit | doesn't fit |
| Sell Phemex live order book, 1 min ago | 7.64 bp | 76.2 bp −$76 | doesn't fit | doesn't fit | doesn't fit |
MARA on 10 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 MARAUSDT | −0.0104% | 8h | 13.058 | +0.061% | $101K | $2.9M | 20x | as long as short |
| Binance MARAUSDT | 0.0000% | 8h | 13.080 | +0.229% | $175K | $476K | 20x | as long as short |
| Bybit MARAUSDT | 0.0000% | 8h | 13.070 | +0.153% | $257K | $136K | 25x | as long as short |
| OKX MARA-USDT-SWAPlong | 0.0000% | 8h | 13.050 | long leg | $60K | $185K | 20x | |
| Gate MARA_USDT | 0.0000% | 8h | 13.089 | +0.299% | $30K | $14K | 20x | as long as short |
| HTX MARA-USDT | 0.0000% | 8h | 13.060 | +0.077% | $5K | $259K | 20x | as long as short |
| Phemex MARAUSDTshort | 0.0000% | 8h | 13.070 | +0.153% | $374K | $38K | 20x | |
| Extended MARA-USD | +0.0040% | 1h | 13.321 | +2.077% | $1K | — | 5x | as long as short |
| KuCoin MARAUSDTM | +0.0100% | 8h | 13.091 | +0.314% | $31K | $2.9M | 20x | as long as short |
| edgeX MARAUSDC | +0.0749% | 4h | 13.075 | +0.194% | $15K | $312K | 10x | as long as short |
Bitget MARAUSDT
Binance MARAUSDT
Bybit MARAUSDT
Gate MARA_USDT
HTX MARA-USDT
Extended MARA-USD
KuCoin MARAUSDTM
edgeX MARAUSDC