Funding you earn now, next payment 11:00 UTC−0.0067%/8h= −7.3% APRpaid last 24h −0.014%
Price spread now: Injective against MEXC+0.391%85s7-day average −0.429% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.393%−$39 on $10k
+Price spread, last 4 days (all we have)−0.325%−$33 · spread now +0.391%, 7d avg −0.429%
=The price spread pays, funding is against you. Injective is 0.820% dearer against MEXC than usual: you sell high and buy low (spread +0.391% now, against its 7-day average of −0.429%): +$82 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 41 days. At the pace of the last 7 days (−0.393% in total) that is about 15 days. The two prices were read 85 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC OKB_USDT | 122.70 | 0.0100 | pay 0.0050% / 4h | 1h 47m | $975K | $453K | 25x |
| Short | Injective OKB/USDC PERP | 123.18 | 0.0033 | get 0.0004% / 1h | 47m 43s | $25 | $302K | 5.5x |
MEXC OKB_USDT
Injective OKB/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- −$14
- Price spread: +0.391% → −0.429%
- $82.02
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $64
- Costs to cover
- 0.040%
- Break-even
- from the start
Slippage unknown: MEXC: live order book, 60 min ago; Injective: no order-book sample. Net counts fees only.
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, 60 min ago | 0.41 bp | 3.8 bp −$4 | 9.4 bp −$94 | 100.7 bp −$10.1K | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
OKB on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster OKBUSDT | −0.2068% | 1h | 121.90 | −0.652% | $51K | $42K | 5x | as long as short |
| Injective OKB/USDC PERPshort | +0.0033% | 1h | 123.18 | +0.391% | $25 | $302K | 5.5x | |
| BingX OKB-USDT | +0.0036% | 4h | 122.72 | +0.016% | — | $2.8M | — | as long as short |
| Bybit OKBUSDT | +0.0100% | 4h | 122.75 | +0.041% | $2.5M | $1.0M | 25x | as long as short |
| OKX OKB-USDT-SWAP | +0.0100% | 4h | 122.72 | +0.016% | $30.0M | $45.8M | 20x | as long as short |
| Gate OKB_USDT | +0.0100% | 8h | 122.65 | −0.041% | $1.5M | $633K | 25x | as long as short |
| MEXC OKB_USDTlong | +0.0100% | 4h | 122.70 | long leg | $975K | $453K | 25x | |
| Variational Omni OKB | +0.0100% | 4h | 122.78 | +0.068% | $56K | $21K | — | as long as short |
| HTX OKB-USDT | +0.0100% | 8h | 122.87 | +0.139% | $66K | $321K | 10x | as long as short |
| GMX OKB/USD [ETH-USDC] | L +0.0270% / S −0.0266% | 1h | 122.66 | −0.030% | $3K | — | 100x | as long as short |
Aster OKBUSDT
BingX OKB-USDT
Bybit OKBUSDT
OKX OKB-USDT-SWAP
Gate OKB_USDT
Variational Omni OKB
HTX OKB-USDT
GMX OKB/USD [ETH-USDC]