Funding you earn now, next payment 16:00 UTC−0.1400%/8h= −153.3% APRnext payment −$14.00 per $10,000 · paid last 24h −0.129%
Price spread now: MEXC against OKX−0.144%7-day average −0.100% · you buy dearer than you sell
Net, funding: paid 7d − costs−$165as in the Funding arb table
Net, price: spread back to 7d avg − costs−$166as in the Price arb table
costs, in and out, $10k−$1611.614% of the position
Funding, last 7 days−0.040%−$4 on $10k
+Price spread, last 4 days (all we have)+0.067%+$7 · spread now −0.144%, 7d avg −0.100%
=Both sides work against this trade now: funding costs −$42 a day on $10k at the current rate, and MEXC is 0.044% cheaper against OKX than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.100%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.040% in total (about -2.1% a year). A funding rate is set anew for every payment; at this rate the next one is about −$14.00 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 RAM-USDT-SWAP | 13.910 | −0.1654 | get 0.1654% / 8h | 7h 43m | $321K | $488K | 10x |
| Short | MEXC RAM_USDT | 13.890 | −0.3054 | pay 0.3054% / 8h | 7h 43m | $390K | $90K | 20x |
OKX RAM-USDT-SWAP
MEXC RAM_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
- −$294.06
- Price spread: −0.144% → −0.100%
- −$4.42
- Slippage, 4 orders
- −$151.42
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$459.89
- Costs to cover
- 1.614%
- Break-even
- never at this rate
Slippage from OKX: live order book, 52 min ago; MEXC: live order book, 42 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, 52 min ago | 7.11 bp | 66.2 bp −$66 | 855.8 bp −$8,558 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 42 min ago | 7.13 bp | 13.2 bp −$13 | 60.2 bp −$602 | 206.5 bp −$20.6K | doesn't fit |
RAM 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin RAM-USDT | −0.3059% | 8h | 13.900 | −0.072% | $31K | $2K | 20x | as long as short |
| MEXC RAM_USDTshort | −0.3054% | 8h | 13.890 | −0.144% | $390K | $90K | 20x | |
| Binance RAMUSDT | −0.3049% | 8h | 13.897 | −0.092% | $780K | $2.0M | 20x | as long as short |
| KuCoin RAMUSDTM | −0.1778% | 8h | 13.890 | −0.144% | $14K | $75K | 20x | as long as short |
| OKX RAM-USDT-SWAPlong | −0.1654% | 8h | 13.910 | long leg | $321K | $488K | 10x | |
| Bitget RAMUSDT | −0.1565% | 8h | 13.890 | −0.144% | $216K | $193K | 20x | as long as short |
| Bybit RAMUSDT | 0.0000% | 8h | 13.900 | −0.072% | $172K | $144K | 25x | as long as short |
| Gate RAM_USDT | 0.0000% | 8h | 13.920 | +0.072% | $24K | $4K | 20x | as long as short |
| HTX RAM-USDT | 0.0000% | 8h | 13.885 | −0.180% | $6K | $4K | 10x | as long as short |
| Phemex RAMUSDT | 0.0000% | 8h | 13.920 | +0.072% | $757K | $199K | 20x | as long as short |
BloFin RAM-USDT
Binance RAMUSDT
KuCoin RAMUSDTM
Bitget RAMUSDT
Bybit RAMUSDT
Gate RAM_USDT
HTX RAM-USDT
Phemex RAMUSDT