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: MEXC against OKX−0.013%7-day average +0.042% · you buy dearer than you sell
Net, funding: paid 7d − costs−$267as in the Funding arb table
Net, price: spread back to 7d avg − costs−$273as in the Price arb table
costs, in and out, $10k−$2672.672% of the position
Funding, last 7 days+0.002%$0 on $10k
+Price spread, last 4 days (all we have)+0.263%+$26 · spread now −0.013%, 7d avg +0.042%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.055% cheaper against OKX than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of +0.042%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX USO-USDT-SWAP | 149.17 | 0 | get 0.0000% / 8h | 5h 29m | $192K | $236K | 20x |
| Short | MEXC USO_USDT | 149.15 | 0 | get 0.0000% / 8h | 5h 29m | $737K | $103K | 20x |
OKX USO-USDT-SWAP
MEXC USO_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
- $0
- Price spread: −0.013% → +0.042%
- −$5.53
- Slippage, 4 orders
- −$257.19
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$272.72
- Costs to cover
- 2.672%
- Break-even
- never at this rate
Slippage from OKX: live order book, 31 min ago; MEXC: live order book, 26 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, 31 min ago | 10.38 bp | 77.0 bp −$77 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 26 min ago | 12.40 bp | 58.6 bp −$59 | 275.0 bp −$2,750 | 320.7 bp −$32.1K | 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-SWAPlong | 0.0000% | 8h | 149.17 | long leg | $192K | $236K | 20x | |
| MEXC USO_USDTshort | 0.0000% | 8h | 149.15 | −0.013% | $737K | $103K | 20x | |
| Lighter RH USO | +0.0032% | 1h | 149.26 | +0.060% | $337K | $164K | 10x | as long as short |
| Arcus USO-USD | +0.0040% | 1h | 149.21 | +0.027% | $342K | $90K | 20x | as long as short |
| ApeX Omni USOUSDT | +0.0100% | 1h | 149.23 | +0.040% | $67K | $13K | 50x | as long as short |
Lighter RH USO
Arcus USO-USD
ApeX Omni USOUSDT