Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: OKX against MEXC−0.039%7-day average −0.034% · you buy dearer than you sell
Net, funding: paid 7d − costs−$82as in the Funding arb table
Net, price: spread back to 7d avg − costs−$84as in the Price arb table
costs, in and out, $10k−$840.837% of the position
Funding, last 7 days+0.015%+$2 on $10k
+Price spread, last 4 days (all we have)+0.226%+$23 · spread now −0.039%, 7d avg −0.034%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC LAYER_USDT | 0.07690 | 0.0100 | pay 0.0050% / 4h | 1h 56m | $399K | $124K | 20x |
| Short | OKX LAYER-USDT-SWAP | 0.07687 | 0.0100 | get 0.0050% / 4h | 1h 56m | $739K | $600K | 20x |
MEXC LAYER_USDT
OKX LAYER-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
- $0
- Price spread: −0.039% → −0.034%
- −$0.53
- Slippage, 4 orders
- −$73.71
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$84.24
- Costs to cover
- 0.837%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 48 min ago; OKX: live order book, 52 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, 48 min ago | 2.60 bp | 14.9 bp −$15 | 51.5 bp −$515 | 112.3 bp −$11.2K | doesn't fit |
| Sell OKX live order book, 52 min ago | 5.84 bp | 22.2 bp −$22 | doesn't fit | doesn't fit | doesn't fit |
LAYER on 13 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_LAYERUSD | −0.0392% | 1h | 0.07690 | +0.001% | $8K | $54 | 10x | as long as short |
| Injective LAYER/USDC PERP | +0.0033% | 1h | 0.07274 | −5.410% | — | $18K | 5.5x | as long as short |
| Hyperliquid LAYER | +0.0100% | 1h | 0.07705 | +0.189% | $592K | $149K | 3x | as long as short |
| Aster LAYERUSDT | +0.0100% | 4h | 0.07686 | −0.052% | $9K | $4K | 5x | as long as short |
| Binance LAYERUSDT | +0.0100% | 4h | 0.07690 | −0.006% | $2.1M | $2.0M | 50x | as long as short |
| OKX LAYER-USDT-SWAPshort | +0.0100% | 4h | 0.07687 | −0.039% | $739K | $600K | 20x | |
| Gate LAYER_USDT | +0.0100% | 4h | 0.07699 | +0.117% | $140K | $33K | 20x | as long as short |
| MEXC LAYER_USDTlong | +0.0100% | 4h | 0.07690 | long leg | $399K | $124K | 20x | |
| Bitget LAYERUSDT | +0.0100% | 4h | 0.07693 | +0.039% | $1.1M | $90K | 50x | as long as short |
| BingX LAYER-USDT | +0.0100% | 4h | 0.07690 | 0.000% | — | $1.6M | — | as long as short |
Kraken Futures PF_LAYERUSD
Injective LAYER/USDC PERP
Hyperliquid LAYER
Aster LAYERUSDT
Binance LAYERUSDT
Gate LAYER_USDT
Bitget LAYERUSDT
BingX LAYER-USDTShow all 13 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni LAYERUSDT | +0.0100% | 1h | 0.07700 | +0.130% | $14K | $194K | 50x | as long as short |
| Extended LAYER-USD | +0.0104% | 1h | 0.07687 | −0.037% | $4K | $212K | 5x | as long as short |
| BloFin LAYER-USDT | +0.0107% | 4h | 0.07689 | −0.013% | $115K | $8K | 50x | as long as short |
ApeX Omni LAYERUSDT
Extended LAYER-USD
BloFin LAYER-USDT