Funding you earn now, next payment 04:00 UTC+0.0764%/8h= +83.6% APRnext payment +$3.82 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against OKX−0.036%7-day average +0.049% · you buy dearer than you sell
Net, funding: paid 7d − costs−$99as in the Funding arb table
Net, price: spread back to 7d avg − costs−$109as in the Price arb table
costs, in and out, $10k−$1011.005% of the position
Funding, last 7 days+0.012%+$1 on $10k
+Price spread, last 7 days+0.077%+$8 · spread now −0.036%, 7d avg +0.049%
=Funding pays, the price is against you. MEXC is 0.084% cheaper against OKX than usual: you would sell low and buy high (spread −0.036% now, against its 7-day average of +0.049%). If the spread goes back, that is −$8 on $10k: about 9 hours of funding at the current rate (+$23 a day). At the pace of the last 7 days (+0.012% in total) that is about 49 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.012% in total (about 0.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.82 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX CASHCAT-USDT-SWAP | 0.1681 | 0.0424 | pay 0.0212% / 4h | 2h 34m | $1.3M | $10.9M | 20x |
| Short | MEXC CASHCAT_USDT | 0.1680 | 0.1188 | get 0.0594% / 4h | 2h 34m | $8.4M | $497K | 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
- $160.39
- Price spread: −0.036% → +0.049%
- −$8.44
- Slippage, 4 orders
- −$70.52
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee MEXC: 10 bp × 2 orders
- −$20
- Net
- $51.43
- Costs to cover
- 1.005%
- Break-even
- 4.8 days
Slippage from OKX: live order book, 4 min ago; MEXC: live order book, 4 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, 4 min ago | 6.01 bp | 26.0 bp −$26 | 87.9 bp −$879 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 4 min ago | 3.60 bp | 20.5 bp −$21 | 179.8 bp −$1,798 | doesn't fit | doesn't fit |
CASHCAT on 21 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 | |
|---|---|---|---|---|---|---|---|---|
| Nado CASHCAT-PERP | +0.0100% | 1h | 0.1677 | −0.238% | $251K | $191K | 5x | as long as short |
| Hyperliquid CASHCAT | +0.0100% | 1h | 0.1678 | −0.167% | $46.0M | $20.4M | 3x | as long as short |
| Gate CASHCAT_USDT | +0.0100% | 4h | 0.1678 | −0.173% | $1.4M | $1.9M | 20x | as long as short |
| KuCoin CASHCATUSDTM | +0.0100% | 4h | 0.1681 | −0.006% | $593K | $2.4M | 10x | as long as short |
| Variational Omni CASHCAT | +0.0100% | 4h | 0.1681 | −0.001% | $1.4M | $1.4M | — | as long as short |
| ApeX Omni CASHCATUSDT | +0.0100% | 1h | 0.1670 | −0.648% | $75K | $64K | 50x | as long as short |
| Polymarket Perps CASHCAT-USD | +0.0100% | 1h | 0.1678 | −0.178% | $68K | $1.3M | 3x | as long as short |
| SunX CASHCAT-USDT | +0.0100% | 1h | 0.1678 | −0.173% | — | $2.5M | 10x | as long as short |
| SoDEX CASHCAT-USD | +0.0100% | 1h | 0.1678 | −0.149% | $504 | $1K | 3x | as long as short |
| HTX CASHCAT-USDT | +0.0100% | 1h | 0.1685 | +0.242% | $18K | $368K | 10x | as long as short |
Show all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended CASHCAT-USD | +0.0104% | 1h | 0.1678 | −0.166% | $117K | $479K | 5x | as long as short |
| Lighter RH CASHCAT | +0.0336% | 1h | 0.1681 | −0.006% | $327K | $811K | 3x | as long as short |
| OKX CASHCAT-USDT-SWAPlong | +0.0424% | 4h | 0.1681 | long leg | $1.3M | $10.9M | 20x | |
| Lighter CASHCAT | +0.0664% | 1h | 0.1681 | +0.006% | $1.2M | $1.7M | 3x | as long as short |
| BingX CASHCAT-USDT | +0.1176% | 4h | 0.1682 | +0.059% | — | $1.0M | — | as long as short |
| MEXC CASHCAT_USDTshort | +0.1188% | 4h | 0.1680 | −0.036% | $8.4M | $497K | 20x | |
| Bybit CASHCATUSDT | +0.1208% | 4h | 0.1681 | −0.024% | $12.7M | $18.6M | 10x | as long as short |
| edgeX CASHCATUSDC | +0.1464% | 4h | 0.1662 | −1.143% | $50K | $171K | 5x | as long as short |
| Aster CASHCATUSDT | +0.1536% | 1h | 0.1676 | −0.291% | $554K | $1.1M | 10x | as long as short |
| Arcus CASHCAT-USD | +0.2842% | 1h | 0.1675 | −0.333% | $116K | $225K | 5x | as long as short |
| Injective CASHCAT/USDC PERP | +0.5000% | 1h | 0.1695 | +0.833% | $8K | $12K | 5.5x | as long as short |
OKX CASHCAT-USDT-SWAP
MEXC CASHCAT_USDT
Hyperliquid CASHCAT
Gate CASHCAT_USDT
KuCoin CASHCATUSDTM
Variational Omni CASHCAT
ApeX Omni CASHCATUSDT
Polymarket Perps CASHCAT-USD
SunX CASHCAT-USDT
SoDEX CASHCAT-USD
HTX CASHCAT-USDT
Extended CASHCAT-USD
Lighter RH CASHCAT
Lighter CASHCAT
BingX CASHCAT-USDT
Bybit CASHCATUSDT
edgeX CASHCATUSDC
Aster CASHCATUSDT
Injective CASHCAT/USDC PERP