Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: OKX against MEXC−0.066%7-day average −0.003% · you buy dearer than you sell
Net, funding: paid 7d − costs−$54as in the Funding arb table
Net, price: spread back to 7d avg − costs−$61as in the Price arb table
costs, in and out, $10k−$540.544% of the position
Funding, last 7 days−0.001%$0 on $10k
+Price spread, last 7 days+0.064%+$6 · spread now −0.066%, 7d avg −0.003%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.062% cheaper against MEXC than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of −0.003%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC PI_USDT | 0.09111 | 0.0100 | pay 0.0050% / 4h | 1h 04m | $9.9M | $1.5M | 125x |
| Short | OKX PI-USDT-SWAP | 0.09105 | 0.0100 | get 0.0050% / 4h | 1h 04m | $2.6M | $7.1M | 20x |
MEXC PI_USDT
OKX PI-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: −0.066% → −0.003%
- −$6.24
- Slippage, 4 orders
- −$40.37
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$60.62
- Costs to cover
- 0.544%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 4 min ago; OKX: live order book, 4 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, 4 min ago | 1.09 bp | 12.6 bp −$13 | 57.9 bp −$579 | 167.1 bp −$16.7K | 344.9 bp −$172.5K |
| Sell OKX live order book, 4 min ago | 3.27 bp | 16.5 bp −$16 | 78.3 bp −$783 | doesn't fit | doesn't fit |
PI on 6 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget PIUSDT | −0.0064% | 4h | 0.09100 | −0.121% | $5.0M | $2.1M | 50x | as long as short |
| Injective PI/USDC PERP | +0.0033% | 1h | 0.09090 | −0.230% | $1 | $75K | 5.5x | as long as short |
| OKX PI-USDT-SWAPshort | +0.0100% | 4h | 0.09105 | −0.066% | $2.6M | $7.1M | 20x | |
| Gate PI_USDT | +0.0100% | 4h | 0.09110 | −0.011% | $2.6M | $2.5M | 50x | as long as short |
| MEXC PI_USDTlong | +0.0100% | 4h | 0.09111 | long leg | $9.9M | $1.5M | 125x | |
| BingX PI-USDT | +0.0100% | 4h | 0.09107 | −0.044% | — | $6.7M | — | as long as short |
Bitget PIUSDT
Injective PI/USDC PERP
Gate PI_USDT
BingX PI-USDT