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
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%
=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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX ACT-USDT-SWAP | 0.01112 | 0.0180 | pay 0.0090% / 4h | 3h 25m | $797K | $1.4M | 10x |
| Short | MEXC ACT_USDT | 0.01111 | 0.0100 | get 0.0050% / 4h | 3h 25m | $6.5M | $111K | 20x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy OKX live order book, 1 min ago | 0.45 bp | 48.4 bp −$48 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 2 min ago | 2.26 bp | 22.2 bp −$22 | 56.8 bp −$568 | 128.8 bp −$12.9K | 381.2 bp −$190.6K |
ACT on 7 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance ACTUSDT | +0.0100% | 4h | 0.01111 | −0.054% | $2.1M | $2.3M | 10x | as long as short |
| Gate ACT_USDT | +0.0100% | 4h | 0.01110 | −0.162% | $143K | $78K | 25x | as long as short |
| MEXC ACT_USDTshort | +0.0100% | 4h | 0.01111 | −0.072% | $6.5M | $111K | 20x | |
| Bitget ACTUSDT | +0.0100% | 4h | 0.01111 | −0.072% | $268K | $85K | 10x | as long as short |
| OKX ACT-USDT-SWAPlong | +0.0180% | 4h | 0.01112 | long leg | $797K | $1.4M | 10x | |
| BingX ACT-USDT | +0.0190% | 4h | 0.01112 | +0.009% | — | $1.3M | — | as long as short |
| Bybit ACTUSDT | +0.0264% | 4h | 0.01113 | +0.090% | $601K | $402K | 25x | as long as short |
OKX ACT-USDT-SWAP
MEXC ACT_USDT
Binance ACTUSDT
Gate ACT_USDT
Bitget ACTUSDT
BingX ACT-USDT
Bybit ACTUSDT