Funding you earn now, next payment 09:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.030%
Price spread now: MEXC against ApeX Omni−0.549%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−1.069%−$107 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and MEXC is 0.549% cheaper against ApeX Omni than usual: you would sell low and buy high (−$55 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni USOUSDT | 149.44 | 0.0100 | pay 0.0013% / 1h | 40m 50s | $67K | $13K | 50x |
| Short | MEXC USO_USDT | 148.62 | 0 | get 0.0000% / 8h | 7h 40m | $735K | $101K | 20x |
ApeX Omni USOUSDT
MEXC USO_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against ApeX Omni. 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
- −$21
- Price spread: −0.549% → 0.000%
- −$54.87
- Slippage, 4 orders
- no order book: not counted
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$85.87
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: ApeX Omni: no order-book sample; MEXC: live order book, 50 min ago. Net counts fees only.
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 ApeX Omni no order-book sample | — | — | — | — | — |
| Sell MEXC live order book, 50 min ago | 6.73 bp | 31.6 bp −$32 | 263.6 bp −$2,636 | 316.4 bp −$31.6K | doesn't fit |
ApeX Omni: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
USO on 5 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 | |
|---|---|---|---|---|---|---|---|---|
| OKX USO-USDT-SWAP | 0.0000% | 8h | 148.57 | −0.582% | $194K | $285K | 20x | as long as short |
| MEXC USO_USDTshort | 0.0000% | 8h | 148.62 | −0.549% | $735K | $101K | 20x | |
| Lighter RH USO | +0.0032% | 1h | 149.51 | +0.047% | $316K | $179K | 10x | as long as short |
| Arcus USO-USD | +0.0040% | 1h | 149.42 | −0.013% | $345K | $93K | 20x | as long as short |
| ApeX Omni USOUSDTlong | +0.0100% | 1h | 149.44 | long leg | $67K | $13K | 50x |
OKX USO-USDT-SWAP
Lighter RH USO
Arcus USO-USD