Funding you earn now, next payment 08:00 UTC−0.0282%/8h= −30.9% APRnext payment −$2.82 per $10,000 · paid last 24h 0.000%
Price spread now: OKX against MEXC−0.028%7-day average −0.008% · you buy dearer than you sell
Net, funding: paid 7d − costs−$36as in the Funding arb table
Net, price: spread back to 7d avg − costs−$32as in the Price arb table
costs, in and out, $10k−$300.303% of the position
Funding, last 7 days−0.058%−$6 on $10k
+Price spread, last 7 days−0.007%−$1 · spread now −0.028%, 7d avg −0.008%
=Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and OKX is 0.020% cheaper against MEXC than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of −0.008%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.058% in total (about -3.0% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.82 per $10,000. 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 MUU_USDT | 35.380 | 0.0282 | pay 0.0282% / 8h | 3h 19m | $5.3M | $6.3M | 50x |
| Short | OKX MUU-USDT-SWAP | 35.370 | 0 | get 0.0000% / 8h | 3h 19m | $1.0M | $4.4M | 20x |
MEXC MUU_USDT
OKX MUU-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
- −$59.22
- Price spread: −0.028% → −0.008%
- −$2.03
- Slippage, 4 orders
- −$20.3
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$91.54
- Costs to cover
- 0.303%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 3 min ago; OKX: live order book, 3 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, 3 min ago | 1.41 bp | 4.1 bp −$4 | 4.2 bp −$42 | 16.0 bp −$1,598 | 109.1 bp −$54.6K |
| Sell OKX live order book, 3 min ago | 1.41 bp | 12.9 bp −$13 | 42.4 bp −$424 | doesn't fit | doesn't fit |
MUU 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster MUUUSDT | 0.0000% | 8h | 35.345 | −0.099% | $11K | $43K | 20x | as long as short |
| Bybit MUUUSDT | 0.0000% | 8h | 35.360 | −0.057% | $1.2M | $3.1M | 25x | as long as short |
| OKX MUU-USDT-SWAPshort | 0.0000% | 8h | 35.370 | −0.028% | $1.0M | $4.4M | 20x | |
| Bitget MUUUSDT | 0.0000% | 8h | 35.368 | −0.034% | $4.6M | $4.7M | 20x | as long as short |
| HTX MUU-USDT | 0.0000% | 8h | 35.450 | +0.198% | $8K | $11K | 10x | as long as short |
| Gate MUU_USDT | +0.0071% | 8h | 35.370 | −0.028% | $599K | $1.8M | 20x | as long as short |
| KuCoin MUUUSDTM | +0.0100% | 8h | 35.350 | −0.085% | $77K | $29K | 20x | as long as short |
| Binance MUUUSDT | +0.0281% | 8h | 35.365 | −0.043% | $5.8M | $93.2M | 25x | as long as short |
| MEXC MUU_USDTlong | +0.0282% | 8h | 35.380 | long leg | $5.3M | $6.3M | 50x |
Aster MUUUSDT
Bybit MUUUSDT
Bitget MUUUSDT
HTX MUU-USDT
Gate MUU_USDT
KuCoin MUUUSDTM
Binance MUUUSDT