Funding you earn now, next payment 08:00 UTC+0.0013%/8h= +1.5% APRnext payment +$0.07 per $10,000 · paid last 24h 0.000%
Price spread now: OKX against MEXC+0.071%7-day average +0.035% · you sell dearer than you buy
Net, funding: paid 7d − costs−$65as in the Funding arb table
Net, price: spread back to 7d avg − costs−$62as in the Price arb table
costs, in and out, $10k−$650.654% of the position
Funding, last 7 days+0.001%$0 on $10k
+Price spread, last 7 days−0.058%−$6 · spread now +0.071%, 7d avg +0.035%
=Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and OKX is 0.036% dearer against MEXC than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.035%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC CP_USDT | 0.01409 | 0.0134 | pay 0.0067% / 4h | 5m 11s | $1.6M | $400K | 20x |
| Short | OKX CP-USDT-SWAP | 0.01410 | 0.0147 | get 0.0074% / 4h | 5m 11s | $3.9M | $11.8M | 20x |
MEXC CP_USDT
OKX CP-USDT-SWAPFunding 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
- $2.79
- Price spread: +0.071% → +0.035%
- $3.57
- Slippage, 4 orders
- −$51.43
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$59.07
- Costs to cover
- 0.654%
- Break-even
- 155.2 days
Slippage from MEXC: live order book, 1 min ago; OKX: live order book, 3 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, 1 min ago | 3.55 bp | 9.0 bp −$9 | 49.6 bp −$496 | 301.2 bp −$30.1K | doesn't fit |
| Sell OKX live order book, 3 min ago | 3.56 bp | 22.6 bp −$23 | 134.2 bp −$1,342 | doesn't fit | doesn't fit |
CP on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX CP-USDT | +0.0070% | 4h | 0.01411 | +0.142% | — | $1.1M | — | as long as short |
| Gate CP_USDT | +0.0100% | 4h | 0.01406 | −0.213% | $588K | $550K | 20x | as long as short |
| KuCoin CPUSDTM | +0.0100% | 4h | 0.01413 | +0.284% | $207K | $931K | 20x | as long as short |
| Bitget CPUSDT | +0.0100% | 4h | 0.01410 | +0.050% | $806K | $1.7M | 20x | as long as short |
| MEXC CP_USDTlong | +0.0134% | 4h | 0.01409 | long leg | $1.6M | $400K | 20x | |
| OKX CP-USDT-SWAPshort | +0.0147% | 4h | 0.01410 | +0.071% | $3.9M | $11.8M | 20x | |
| BloFin CP-USDT | +0.0180% | 4h | 0.01402 | −0.497% | $185 | $43K | 20x | as long as short |
| Bybit CPUSDT | +0.1145% | 4h | 0.01410 | +0.071% | $1.7M | $3.2M | 20x | as long as short |
BingX CP-USDT
Gate CP_USDT
KuCoin CPUSDTM
Bitget CPUSDT
BloFin CP-USDT
Bybit CPUSDT