Funding you earn now, next payment 05:00 UTC−0.0040%/8h= −4.4% APRpaid last 24h −0.007%
Price spread now: MEXC against Arcus+0.067%7-day average −0.057% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$103as in the Price arb table
costs, in and out, $10k−$1151.150% of the position
Funding, last 4 days (all we have)−0.017%−$2 on $10k
+Price spread, last 4 days (all we have)−0.297%−$30 · spread now +0.067%, 7d avg −0.057%
=The price spread pays, funding is against you. MEXC is 0.124% dearer against Arcus than usual: you sell high and buy low (spread +0.067% now, against its 7-day average of −0.057%): +$12 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 10 days. At the pace of the last 4 days (−0.017% in total) that is about 26 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Arcus USO-USD | 149.66 | 0.0040 | pay 0.0005% / 1h | 48m 50s | $344K | $91K | 20x |
| Short | MEXC USO_USDT | 149.76 | 0 | get 0.0000% / 8h | 3h 48m | $740K | $102K | 20x |
Arcus USO-USD
MEXC USO_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against Arcus. 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
- −$8.46
- Price spread: +0.067% → −0.057%
- $12.4
- Slippage, 4 orders
- −$110.55
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$111.11
- Costs to cover
- 1.150%
- Break-even
- never at this rate
Slippage from Arcus: live order book, 5 min ago; MEXC: live order book, 62 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 Arcus live order book, 5 min ago | 4.68 bp | 10.8 bp −$11 | 16.3 bp −$163 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 62 min ago | 8.35 bp | 40.9 bp −$41 | 264.3 bp −$2,643 | 307.4 bp −$30.7K | doesn't fit |
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 | 149.80 | +0.094% | $192K | $236K | 20x | as long as short |
| MEXC USO_USDTshort | 0.0000% | 8h | 149.76 | +0.067% | $740K | $102K | 20x | |
| Lighter RH USO | +0.0032% | 1h | 149.88 | +0.147% | $338K | $162K | 10x | as long as short |
| Arcus USO-USDlong | +0.0040% | 1h | 149.66 | long leg | $344K | $91K | 20x | |
| ApeX Omni USOUSDT | +0.0100% | 1h | 149.63 | −0.020% | $67K | $13K | 50x | as long as short |
OKX USO-USDT-SWAP
Lighter RH USO
ApeX Omni USOUSDT