Funding you earn now, next payment 08:00 UTC−0.0014%/8h= −1.5% APRnext payment −$0.07 per $10,000 · paid last 24h 0.000%
Price spread now: OKX against MEXC−0.123%7-day average −0.009% · you buy dearer than you sell
Net, funding: paid 7d − costs−$47as in the Funding arb table
Net, price: spread back to 7d avg − costs−$70as in the Price arb table
costs, in and out, $10k−$590.585% of the position
Funding, last 7 days+0.113%+$11 on $10k
+Price spread, last 4 days (all we have)+0.315%+$32 · spread now −0.123%, 7d avg −0.009%
=Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and OKX is 0.115% cheaper against MEXC than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of −0.009%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.113%, 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 | MEXC FLOCK_USDT | 0.07292 | 0.0188 | pay 0.0094% / 4h | 2h 06m | $314K | $281K | 100x |
| Short | OKX FLOCK-USDT-SWAP | 0.07283 | 0.0174 | get 0.0087% / 4h | 2h 06m | $672K | $14.1M | 20x |
MEXC FLOCK_USDT
OKX FLOCK-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
- −$2.85
- Price spread: −0.123% → −0.009%
- −$11.48
- Slippage, 4 orders
- −$44.55
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$72.88
- Costs to cover
- 0.585%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 23 min ago; OKX: 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 MEXC live order book, 23 min ago | 1.38 bp | 9.1 bp −$9 | 37.6 bp −$376 | 152.0 bp −$15.2K | doesn't fit |
| Sell OKX live order book, 2 min ago | 1.37 bp | 19.5 bp −$19 | 63.4 bp −$634 | doesn't fit | doesn't fit |
FLOCK on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit FLOCKUSDT | +0.0100% | 4h | 0.07281 | −0.151% | $3.3M | $13.2M | 20x | as long as short |
| KuCoin FLOCKUSDTM | +0.0100% | 4h | 0.07291 | −0.014% | $1.2M | $805K | 20x | as long as short |
| Bitget FLOCKUSDT | +0.0100% | 4h | 0.07286 | −0.082% | $1.2M | $2.2M | 20x | as long as short |
| Variational Omni FLOCK | +0.0100% | 4h | 0.07274 | −0.244% | $169K | $310K | — | as long as short |
| Gate FLOCK_USDT | +0.0114% | 8h | 0.07285 | −0.096% | $760K | $1.7M | 50x | as long as short |
| BloFin FLOCK-USDT | +0.0161% | 4h | 0.07280 | −0.165% | $262K | $90K | 50x | as long as short |
| OKX FLOCK-USDT-SWAPshort | +0.0174% | 4h | 0.07283 | −0.123% | $672K | $14.1M | 20x | |
| BingX FLOCK-USDT | +0.0186% | 4h | 0.07283 | −0.123% | — | $6.7M | — | as long as short |
| MEXC FLOCK_USDTlong | +0.0188% | 4h | 0.07292 | long leg | $314K | $281K | 100x | |
| Binance FLOCKUSDT | +0.0189% | 4h | 0.07288 | −0.055% | $5.6M | $39.2M | 50x | as long as short |
Bybit FLOCKUSDT
KuCoin FLOCKUSDTM
Bitget FLOCKUSDT
Variational Omni FLOCK
Gate FLOCK_USDT
BloFin FLOCK-USDT
BingX FLOCK-USDT
Binance FLOCKUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster FLOCKUSDT | +0.1279% | 4h | 0.07295 | +0.045% | $1.6M | $3.7M | 5x | as long as short |
Aster FLOCKUSDT