Funding you earn now, next payment 06:00 UTC+0.0040%/8h= +4.4% APRpaid last 24h +0.007%
Price spread now: Arcus against MEXC+0.033%7-day average +0.056% · 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−$128as in the Price arb table
costs, in and out, $10k−$1261.258% of the position
Funding, last 4 days (all we have)+0.018%+$2 on $10k
+Price spread, last 4 days (all we have)+0.199%+$20 · spread now +0.033%, 7d avg +0.056%
=Funding pays, the price is against you. Arcus is 0.022% cheaper against MEXC than usual: you would sell low and buy high (spread +0.033% now, against its 7-day average of +0.056%). If the spread goes back, that is −$2 on $10k: about 45 hours of funding at the current rate (+$1 a day). At the pace of the last 4 days (+0.018% in total) that is about 4.7 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC USO_USDT | 150.01 | 0 | get 0.0000% / 8h | 2h 28m | $743K | $103K | 20x |
| Short | Arcus USO-USD | 150.06 | 0.0040 | get 0.0005% / 1h | 28m 39s | $345K | $91K | 20x |
MEXC USO_USDT
Arcus USO-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Arcus 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
- $8.46
- Price spread: +0.033% → +0.056%
- −$2.25
- Slippage, 4 orders
- −$121.27
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- −$119.56
- Costs to cover
- 1.258%
- Break-even
- 105.9 days
Slippage from MEXC: live order book, 12 min ago; Arcus: live order book, 20 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, 12 min ago | 1.67 bp | 70.7 bp −$71 | 296.5 bp −$2,965 | 348.3 bp −$34.8K | doesn't fit |
| Sell Arcus live order book, 20 min ago | 3.00 bp | 5.9 bp −$6 | 5.9 bp −$59 | doesn't fit | 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 | 150.16 | +0.100% | $195K | $230K | 20x | as long as short |
| MEXC USO_USDTlong | 0.0000% | 8h | 150.01 | long leg | $743K | $103K | 20x | |
| Lighter RH USO | +0.0032% | 1h | 150.31 | +0.200% | $339K | $162K | 10x | as long as short |
| Arcus USO-USDshort | +0.0040% | 1h | 150.06 | +0.033% | $345K | $91K | 20x | |
| ApeX Omni USOUSDT | +0.0100% | 1h | 150.12 | +0.073% | $67K | $13K | 50x | as long as short |
OKX USO-USDT-SWAP
Lighter RH USO
ApeX Omni USOUSDT