Funding you earn now, next payment 08:00 UTC+0.0189%/8h= +20.7% APRnext payment +$1.89 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against OKX−0.029%7-day average +0.007% · you buy dearer than you sell
Net, funding: paid 7d − costs−$23as in the Funding arb table
Net, price: spread back to 7d avg − costs−$33as in the Price arb table
costs, in and out, $10k−$290.290% of the position
Funding, last 7 days+0.058%+$6 on $10k
+Price spread, last 7 days+0.052%+$5 · spread now −0.029%, 7d avg +0.007%
=Funding pays, the price is against you. MEXC is 0.036% cheaper against OKX than usual: you would sell low and buy high (spread −0.029% now, against its 7-day average of +0.007%). If the spread goes back, that is −$4 on $10k: about 15 hours of funding at the current rate (+$6 a day). At the pace of the last 7 days (+0.058% in total) that is about 4.4 days.
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 +$1.89 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 | OKX MUU-USDT-SWAP | 34.850 | 0 | get 0.0000% / 8h | 50m 52s | $974K | $4.5M | 20x |
| Short | MEXC MUU_USDT | 34.840 | 0.0189 | get 0.0189% / 8h | 50m 52s | $6.3M | $6.8M | 50x |
OKX MUU-USDT-SWAP
MEXC MUU_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
- $39.69
- Price spread: −0.029% → +0.007%
- −$3.61
- Slippage, 4 orders
- −$18.97
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- $7.12
- Costs to cover
- 0.290%
- Break-even
- 5.7 days
Slippage from OKX: live order book, 2 min ago; MEXC: live order book, 2 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, 2 min ago | 2.87 bp | 13.0 bp −$13 | 37.7 bp −$377 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 2 min ago | 1.43 bp | 1.4 bp −$1 | 2.7 bp −$27 | 10.4 bp −$1,043 | 53.3 bp −$26.7K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget MUUUSDT | −0.1023% | 8h | 34.878 | +0.080% | $4.7M | $4.9M | 20x | as long as short |
| Aster MUUUSDT | 0.0000% | 8h | 34.842 | −0.024% | $11K | $43K | 20x | as long as short |
| Bybit MUUUSDT | 0.0000% | 8h | 34.840 | −0.029% | $1.2M | $3.1M | 25x | as long as short |
| OKX MUU-USDT-SWAPlong | 0.0000% | 8h | 34.850 | long leg | $974K | $4.5M | 20x | |
| Gate MUU_USDT | 0.0000% | 8h | 34.860 | +0.029% | $565K | $1.9M | 20x | as long as short |
| HTX MUU-USDT | 0.0000% | 8h | 34.850 | 0.000% | $8K | $11K | 10x | as long as short |
| KuCoin MUUUSDTM | +0.0100% | 8h | 34.830 | −0.057% | $76K | $31K | 20x | as long as short |
| Binance MUUUSDT | +0.0186% | 8h | 34.849 | −0.003% | $6.3M | $97.6M | 25x | as long as short |
| MEXC MUU_USDTshort | +0.0189% | 8h | 34.840 | −0.029% | $6.3M | $6.8M | 50x |
Bitget MUUUSDT
Aster MUUUSDT
Bybit MUUUSDT
Gate MUU_USDT
HTX MUU-USDT
KuCoin MUUUSDTM
Binance MUUUSDT