Funding you earn now, next payment 08:00 UTC+0.0110%/8h= +12.0% APRnext payment +$1.10 per $10,000 · paid last 24h +0.017%
Price spread now: OKX against MEXC+0.039%7-day average +0.043% · you sell dearer than you buy
Net, funding: paid 7d − costs−$18as in the Funding arb table
Net, price: spread back to 7d avg − costs−$24as in the Price arb table
costs, in and out, $10k−$230.231% of the position
Funding, last 7 days+0.055%+$5 on $10k
+Price spread, last 7 days+0.032%+$3 · spread now +0.039%, 7d avg +0.043%
=The price spread sits at its 7-day average of +0.043%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC USDC_USDT | 0.9996 | −0.0110 | get 0.0110% / 8h | 1h 25m | $20.8M | $750K | 200x |
| Short | OKX USDC-USDT-SWAP | 1.0000 | 0 | get 0.0000% / 8h | 1h 25m | $1.1M | $40K | 50x |
MEXC USDC_USDT
OKX USDC-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
- $23.1
- Price spread: +0.039% → +0.043%
- −$0.45
- Slippage, 4 orders
- −$5.09
- Fee MEXC: 4 bp × 2 orders
- −$8
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$0.44
- Costs to cover
- 0.231%
- Break-even
- 7.1 days
Slippage from MEXC: live order book, 3 min ago; OKX: live order book, 1 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, 3 min ago | 0.05 bp | 4.1 bp −$4 | 4.1 bp −$41 | 4.1 bp −$412 | 4.6 bp −$2,311 |
| Sell OKX live order book, 1 min ago | 0.31 bp | 5.9 bp −$6 | 8.2 bp −$82 | doesn't fit | doesn't fit |
USDC on 8 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 USDCUSDTM | −0.0156% | 8h | 0.9994 | −0.020% | $2.5M | $20K | 30x | as long as short |
| MEXC USDC_USDTlong | −0.0110% | 8h | 0.9996 | long leg | $20.8M | $750K | 200x | |
| Binance USDCUSDT | −0.0110% | 8h | 0.9996 | −0.001% | $4.8M | $4.3M | 50x | as long as short |
| Bitget USDCUSDT | −0.0091% | 8h | 0.9995 | −0.010% | $4.3M | $8K | 50x | as long as short |
| Kraken Futures PF_USDCUSD | −0.0070% | 1h | 0.9997 | +0.015% | $14K | $924 | 50x | as long as short |
| Bybit USDCUSDT | 0.0000% | 8h | 1.0001 | +0.050% | $9.5M | $277K | 50x | as long as short |
| OKX USDC-USDT-SWAPshort | 0.0000% | 8h | 1.0000 | +0.039% | $1.1M | $40K | 50x | |
| Gate USDC_USDT | +0.0100% | 8h | 0.9996 | 0.000% | $253K | $37K | 50x | as long as short |
KuCoin USDCUSDTM
Binance USDCUSDT
Bitget USDCUSDT
Kraken Futures PF_USDCUSD
Bybit USDCUSDT
Gate USDC_USDT