Settings8H · net · $10k
Funding arb · Price arb /

ACT

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0080%/8h= −8.8% APRnext payment $0.40 per $10,000 · paid last 24h −0.025%
Price spread now: MEXC against OKX−0.072%7-day average −0.074% · you buy dearer than you sell
Net, funding: paid 7d − costs−$138as in the Funding arb table
Net, price: spread back to 7d avg − costs−$145as in the Price arb table
costs, in and out, $10k−$1451.448% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.072%+$7 on $10k
Price spread, last 4 days (all we have)+0.009%+$1 · spread now −0.072%, 7d avg −0.074%
Together, before fees+0.081%+$8 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.074%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.072%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX ACT-USDT-SWAP0.011120.0180pay 0.0090% / 4h3h 25m$797K$1.4M10x
ShortMEXC ACT_USDT0.011110.0100get 0.0050% / 4h3h 25m$6.5M$111K20x

Funding 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$16.85
Price spread: −0.072% → −0.074%
$0.17
Slippage, 4 orders
−$130.75
Fee OKX: 5 bp × 2 orders
−$10
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$161.43
Costs to cover
1.448%
Break-even
never at this rate
Slippage from OKX: live order book, 1 min ago; MEXC: live order book, 2 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy OKX live order book, 1 min ago0.45 bp48.4 bp −$48doesn't fitdoesn't fitdoesn't fit
Sell MEXC live order book, 2 min ago2.26 bp22.2 bp −$2256.8 bp −$568128.8 bp −$12.9K381.2 bp −$190.6K

ACT on 7 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance ACTUSDT+0.0100%4h0.01111−0.054%$2.1M$2.3M10xas long as short
Gate ACT_USDT+0.0100%4h0.01110−0.162%$143K$78K25xas long as short
MEXC ACT_USDTshort+0.0100%4h0.01111−0.072%$6.5M$111K20x
Bitget ACTUSDT+0.0100%4h0.01111−0.072%$268K$85K10xas long as short
OKX ACT-USDT-SWAPlong+0.0180%4h0.01112long leg$797K$1.4M10x
BingX ACT-USDT+0.0190%4h0.01112+0.009%$1.3Mas long as short
Bybit ACTUSDT+0.0264%4h0.01113+0.090%$601K$402K25xas long as short