Funding you earn now, next payment 04:00 UTC+0.0179%/8h= +19.6% APRnext payment +$0.90 per $10,000 · paid last 24h −0.165%
Price spread now: MEXC against OKX+0.095%7-day average −0.024% · you sell dearer than you buy
Net, funding: paid 7d − costs−$70as in the Funding arb table
Net, price: spread back to 7d avg − costs−$52as in the Price arb table
costs, in and out, $10k−$640.642% of the position
Funding, last 7 days−0.054%−$5 on $10k
+Price spread, last 4 days (all we have)−0.335%−$34 · spread now +0.095%, 7d avg −0.024%
=Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and MEXC is 0.118% dearer against OKX than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of −0.024%. Mind the row above: over the last 7 days funding on this pair cost −0.054%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX LA-USDT-SWAP | 0.07400 | −0.0485 | get 0.0243% / 4h | 40m 12s | $1.3M | $3.1M | 20x |
| Short | MEXC LA_USDT | 0.07407 | −0.0306 | pay 0.0153% / 4h | 40m 12s | $377K | $133K | 50x |
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
- $37.59
- Price spread: +0.095% → −0.024%
- $11.81
- Slippage, 4 orders
- −$50.17
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$14.77
- Costs to cover
- 0.642%
- Break-even
- 9.8 days
Slippage from OKX: live order book, 2 min ago; MEXC: live order book, 65 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, 2 min ago | 2.71 bp | 22.8 bp −$23 | 525.8 bp −$5,258 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 65 min ago | 0.67 bp | 9.9 bp −$10 | 44.7 bp −$447 | 383.9 bp −$38.4K | doesn't fit |
LA 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin LAUSDTM | −0.0888% | 4h | 0.07400 | 0.000% | $1.0M | $85K | 30x | as long as short |
| Gate LA_USDT | −0.0678% | 4h | 0.07401 | +0.014% | $234K | $826K | 50x | as long as short |
| BingX LA-USDT | −0.0486% | 4h | 0.07396 | −0.054% | — | $6.6M | — | as long as short |
| OKX LA-USDT-SWAPlong | −0.0485% | 4h | 0.07400 | long leg | $1.3M | $3.1M | 20x | |
| Bitget LAUSDT | −0.0478% | 4h | 0.07395 | −0.068% | $2.0M | $498K | 25x | as long as short |
| Aster LAUSDT | −0.0450% | 4h | 0.07403 | +0.038% | $51K | $24K | 5x | as long as short |
| Binance LAUSDT | −0.0306% | 4h | 0.07402 | +0.033% | $4.6M | $9.8M | 25x | as long as short |
| MEXC LA_USDTshort | −0.0306% | 4h | 0.07407 | +0.095% | $377K | $133K | 50x | |
| BloFin LA-USDT | −0.0299% | 4h | 0.07390 | −0.135% | $246K | $20K | 25x | as long as short |
| Bybit LAUSDT | −0.0047% | 4h | 0.07402 | +0.027% | $2.3M | $2.6M | 25x | as long as short |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT LA_USDT_Perp | +0.0100% | 4h | 0.07390 | −0.135% | $139K | $468K | 10x | as long as short |
OKX LA-USDT-SWAP
MEXC LA_USDT
KuCoin LAUSDTM
Gate LA_USDT
BingX LA-USDT
Bitget LAUSDT
Aster LAUSDT
Binance LAUSDT
BloFin LA-USDT
Bybit LAUSDT
GRVT LA_USDT_Perp