Funding you earn now, next payment 08:00 UTC+0.0960%/8h= +105.1% APRnext payment +$4.80 per $10,000 · paid last 24h +0.016%
Price spread now: OKX against MEXC+0.051%7-day average +0.047% · you sell dearer than you buy
Net, funding: paid 7d − costs−$56as in the Funding arb table
Net, price: spread back to 7d avg − costs−$66as in the Price arb table
costs, in and out, $10k−$670.665% of the position
Funding, last 7 days+0.104%+$10 on $10k
+Price spread, last 7 days+0.038%+$4 · spread now +0.051%, 7d avg +0.047%
=The price spread sits at its 7-day average of +0.047%, so right now this pair is about funding alone: +$29 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.104% in total (about 5.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$4.80 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 | MEXC CC_USDT | 0.1172 | −0.0860 | get 0.0430% / 4h | 3h 46m | $1.7M | $330K | 100x |
| Short | OKX CC-USDT-SWAP | 0.1173 | 0.0100 | get 0.0050% / 4h | 3h 46m | $2.5M | $3.2M | 20x |
Funding 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
- $201.6
- Price spread: +0.051% → +0.047%
- $0.38
- Slippage, 4 orders
- −$52.5
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- $135.48
- Costs to cover
- 0.665%
- Break-even
- 2.3 days
Slippage from MEXC: live order book, 4 min ago; OKX: live order book, 1 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, 4 min ago | 0.43 bp | 7.5 bp −$8 | 42.3 bp −$423 | 234.3 bp −$23.4K | 776.7 bp −$388.4K |
| Sell OKX live order book, 1 min ago | 1.70 bp | 27.1 bp −$27 | doesn't fit | doesn't fit | doesn't fit |
CC on 19 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 | |
|---|---|---|---|---|---|---|---|---|
| MEXC CC_USDTlong | −0.0860% | 4h | 0.1172 | long leg | $1.7M | $330K | 100x | |
| Bybit CCUSDT | −0.0815% | 4h | 0.1172 | −0.009% | $10.7M | $3.8M | 25x | as long as short |
| GRVT CC_USDT_Perp | −0.0078% | 4h | 0.1173 | +0.052% | $80K | $2.5M | 10x | as long as short |
| Injective CC/USDC PERP | +0.0033% | 1h | 0.1180 | +0.657% | $402 | $3K | 5.5x | as long as short |
| Gate CC_USDT | +0.0056% | 4h | 0.1172 | −0.034% | $364K | $209K | 50x | as long as short |
| Paradex CC-USD-PERP | +0.0098% | 8h | 0.1173 | +0.048% | $1K | — | 5x | as long as short |
| Hyperliquid CC | +0.0100% | 1h | 0.1175 | +0.222% | $5.5M | $1.3M | 3x | as long as short |
| Aster CCUSDT | +0.0100% | 4h | 0.1173 | +0.059% | $35K | $32K | 20x | as long as short |
| Binance CCUSDT | +0.0100% | 4h | 0.1172 | −0.035% | $11.0M | $11.9M | 75x | as long as short |
| OKX CC-USDT-SWAPshort | +0.0100% | 4h | 0.1173 | +0.051% | $2.5M | $3.2M | 20x |
Show all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin CCUSDTM | +0.0100% | 4h | 0.1173 | +0.043% | $483K | $107K | 50x | as long as short |
| Bitget CCUSDT | +0.0100% | 4h | 0.1172 | −0.026% | $918K | $777K | 20x | as long as short |
| BingX CC-USDT | +0.0100% | 4h | 0.1172 | −0.017% | — | $6.6M | — | as long as short |
| Backpack CC_USDC_PERP | +0.0100% | 1h | 0.1173 | +0.026% | $15K | $22K | 10x | as long as short |
| Variational Omni CC | +0.0100% | 4h | 0.1174 | +0.149% | $598K | $56K | — | as long as short |
| Derive CC-PERP | +0.0100% | 1h | 0.1172 | −0.062% | $6K | $35K | 6.7x | as long as short |
| BloFin CC-USDT | +0.0340% | 4h | 0.1172 | −0.043% | $591K | $98K | 75x | as long as short |
| Lighter CC | +0.0416% | 1h | 0.1179 | +0.546% | $245K | $153K | 5x | as long as short |
| GMX CC/USD [WBTC.b-USDC] | L +0.0448% / S −0.0241% | 1h | 0.1173 | +0.084% | $44K | — | 50x | as long as short |
MEXC CC_USDT
OKX CC-USDT-SWAP
Bybit CCUSDT
GRVT CC_USDT_Perp
Injective CC/USDC PERP
Gate CC_USDT
Paradex CC-USD-PERP
Hyperliquid CC
Aster CCUSDT
Binance CCUSDT
KuCoin CCUSDTM
Bitget CCUSDT
BingX CC-USDT
Backpack CC_USDC_PERP
Variational Omni CC
Derive CC-PERP
BloFin CC-USDT
Lighter CC
GMX CC/USD [WBTC.b-USDC]