Funding you earn now, next payment 08:00 UTC+0.0064%/8h= +7.0% APRnext payment +$0.64 per $10,000 · paid last 24h +0.029%
Price spread now: OKX against MEXC−0.151%7-day average +0.047% · you buy dearer than you sell
Net, funding: paid 7d − costs−$10as in the Funding arb table
Net, price: spread back to 7d avg − costs−$32as in the Price arb table
costs, in and out, $10k−$130.126% of the position
Funding, last 7 days+0.021%+$2 on $10k
+Price spread, last 4 days (all we have)+0.242%+$24 · spread now −0.151%, 7d avg +0.047%
=Funding pays, the price is against you. OKX is 0.198% cheaper against MEXC than usual: you would sell low and buy high (spread −0.151% now, against its 7-day average of +0.047%). If the spread goes back, that is −$20 on $10k: about 10 days of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.021% in total) that is about 2 months.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC NAS100_USDT | 30,534 | −0.0064 | get 0.0064% / 8h | 3h 17m | $26.3M | $19.9M | 200x |
| Short | OKX US100-USDT-SWAP | 30,488 | 0 | get 0.0000% / 8h | 3h 17m | $262K | $375K | 20x |
Funding 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
- $13.44
- Price spread: −0.151% → +0.047%
- −$19.77
- Slippage, 4 orders
- −$2.61
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$18.94
- Costs to cover
- 0.126%
- Break-even
- 16.9 days
Slippage from MEXC: live order book, 2 min ago; OKX: live order book, 33 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, 2 min ago | 0.16 bp | 0.2 bp $0 | 0.9 bp −$9 | 29.2 bp −$2,918 | 122.9 bp −$61.4K |
| Sell OKX live order book, 33 min ago | 0.98 bp | 6.3 bp −$6 | doesn't fit | doesn't fit | doesn't fit |
NAS100 on 15 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 | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_NAS100_USDC | −0.0212% | 8h | 30,522.4 | −0.038% | $102K | $38K | 20x | as long as short |
| Gate NAS100_USDT | −0.0200% | 8h | 30,513.5 | −0.067% | $1.9M | $3.7M | 100x | as long as short |
| MEXC NAS100_USDTlong | −0.0064% | 8h | 30,534 | long leg | $26.3M | $19.9M | 200x | |
| OKX US100-USDT-SWAPshort | 0.0000% | 8h | 30,488 | −0.151% | $262K | $375K | 20x | |
| Bitget NDX100USDT | 0.0000% | 8h | 30,541 | +0.023% | $3.5M | $634K | 50x | as long as short |
| Bullet US100-USD | 0.0000% | 1h | 30,532 | −0.007% | $4K | $90K | 10x | as long as short |
| Phemex NAS100USDT | 0.0000% | 4h | 30,513.5 | −0.067% | $1.4M | $188K | 10x | as long as short |
| QFEX US100-USD | +0.0002% | 1h | 30,528 | −0.020% | $1.3M | $1.3M | 30x | as long as short |
| Lighter US100 | +0.0032% | 1h | 30,531 | −0.010% | $3.9M | $98.9M | 30x | as long as short |
| Extended TECH100m-USD | +0.0032% | 1h | 30,536 | +0.007% | $2.0M | $5.8M | 20x | as long as short |
Show all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest NDX-USD-PERP | +0.0046% | 1h | 30,824.5 | +0.951% | — | $202.9M | 50x | as long as short |
| Paradex US100-USD-PERP | +0.0050% | 8h | 30,526.9 | −0.023% | — | — | 5x | as long as short |
| Polymarket Perps NAS100-USD | +0.0050% | 1h | 30,533 | −0.003% | $7.2M | $1.9M | 50x | as long as short |
| Ondo Perps US100-USD.P | +0.0115% | 1h | 30,538.5 | +0.015% | $6.0M | $8.4M | 25x | as long as short |
| Kraken Futures PF_US100USD | +0.2680% | 1h | 30,569.2 | +0.115% | $137K | $137K | 20x | as long as short |
MEXC NAS100_USDT
OKX US100-USDT-SWAP
Gate NAS100_USDT
Bitget NDX100USDT
Bullet US100-USD
Phemex NAS100USDT
Lighter US100
Extended TECH100m-USD
Paradex US100-USD-PERP
Polymarket Perps NAS100-USD
Kraken Futures PF_US100USD