OKTA

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	MEXCOKTASTOCK_USDT	222.84	0	0.0000% / 8h	2h 17m	$3.5M	$243K	20x	Long MEXC
SHORT	BybitOKTAUSDT	222.56	+0.0484	get 0.0484% / 8h	2h 17m	$565K	$32.2M	25x	Short Bybit

Price gap−0.126%

Funding gap+0.0484% /8h

Funding trade: +$15 a day on $10k at the current rate, before costs. The price gap is at its 7d average.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast

Funding−$33+0.0484% /8h now · paid −0.331% over the last 7D

Price$0spread −0.126% now, avg −0.129% → +0.003% if it goes back

Costs−$2482.482% of $10k · taker + slippage, in and out

Result−$281−2.81%no pointsWhat the last 7D really paid, hour by hour → backtest

The current funding rate is far above what this pair has been paying: over the last 7 days it paid −0.331% in total, about −0.0158%/8h on average.

Price and funding

1h · history

Entry / Exit

Price spread

Prices

Fundingper 8h

ENTRY / EXIT · 7D

Entry now—

Entry average—

Best entry—

Exit now—

Exit average—

Best exit—

Exit free—

PRICE SPREAD · 7D

Now−0.126%

Average—

Range—

Wider than now—

FUNDING SPREAD · 7D

Average /8h—

Highest—

Lowest—

Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

OKTA on 8 exchanges

lowest funding first

Before you open

1 ok · 3 to watch

Watch: Thin at this size21.2 / 104.1 bp
At $10k entering Bybit costs 104.1 bp, fee and slippage, 4.9× MEXC’s.
Note: Margin at max leverage$500 + $400
MEXC 20x, Bybit 25x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
OK: Same payment interval8h / 8h
Both legs pay at the same time.
Next 24h at the current rates, on $10k a leg: +$14.52Long MEXC: 3 payments, $0.00; short Bybit: 3 payments, +$14.52.
Note: Gap at its usual level−0.126% vs −0.129%
The price leg adds little either way.
Watch: Short leg is thinner$565K vs $3.5M OI
Bybit sets your exit cost. Check its book before closing.
Note: No points program—
Neither exchange runs points right now.
Watch: KYCMEXC Yes · Bybit Yes
KYC before trading since Feb 2026; unverified accounts see market data only.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned−0.0158%/8h × 21 periods−$33.14

Price spread−0.126% → −0.129% (7d avg)+$0.31

Slippage, 4 orderslive order books−$233.15

Fee MEXC bp × 2 orders−$4.00

Fee Bybit bp × 2 orders−$11.00

Net · 7 days · $10k−$280.98

Costs to cover2.482%Break-evennever at this rate

Slippage: MEXC: live order book, 3 min ago; Bybit: live order book, 5 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGMEXC8.7121.2 bp−$2145.5 bp−$455181.3 bp−$18.1Kdoesn’t fit

SELL · SHORTBybit20.84104.1 bp−$104233.6 bp−$2,336doesn’t fitdoesn’t fit

Closing costs about the same again.