Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: OKX against MEXC+0.020%7-day average −0.037% · you sell dearer than you buy
Net, funding: paid 7d − costs−$254as in the Funding arb table
Net, price: spread back to 7d avg − costs−$248as in the Price arb table
costs, in and out, $10k−$2542.537% of the position
Funding, last 7 days−0.002%$0 on $10k
+Price spread, last 4 days (all we have)−0.027%−$3 · spread now +0.020%, 7d avg −0.037%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.057% dearer against MEXC than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of −0.037%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC USO_USDT | 150.55 | 0 | get 0.0000% / 8h | 1h 23m | $746K | $104K | 20x |
| Short | OKX USO-USDT-SWAP | 150.58 | 0 | get 0.0000% / 8h | 1h 23m | $195K | $228K | 20x |
MEXC USO_USDT
OKX USO-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $0
- Price spread: +0.020% → −0.037%
- $5.71
- Slippage, 4 orders
- −$243.66
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$247.94
- Costs to cover
- 2.537%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 12 min ago; OKX: live order book, 17 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 | 11.97 bp | 66.7 bp −$67 | 292.0 bp −$2,920 | 342.9 bp −$34.3K | doesn't fit |
| Sell OKX live order book, 17 min ago | 10.30 bp | 60.2 bp −$60 | doesn't fit | 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-SWAPshort | 0.0000% | 8h | 150.58 | +0.020% | $195K | $228K | 20x | |
| MEXC USO_USDTlong | 0.0000% | 8h | 150.55 | long leg | $746K | $104K | 20x | |
| Lighter RH USO | +0.0032% | 1h | 150.65 | +0.066% | $340K | $140K | 10x | as long as short |
| Arcus USO-USD | +0.0040% | 1h | 150.58 | +0.020% | $348K | $93K | 20x | as long as short |
| ApeX Omni USOUSDT | +0.0100% | 1h | 150.69 | +0.093% | $67K | $13K | 50x | as long as short |
Lighter RH USO
Arcus USO-USD
ApeX Omni USOUSDT