Funding you earn now, next payment 08:00 UTC−0.0166%/8h= −18.2% APRnext payment −$0.83 per $10,000 · paid last 24h −0.026%
Price spread now: MEXC against HTX+0.096%7-day average +0.064% · you sell dearer than you buy
Net, funding: paid 7d − costs−$33as in the Funding arb table
Net, price: spread back to 7d avg − costs−$22as in the Price arb table
costs, in and out, $10k−$260.257% of the position
Funding, last 7 days−0.074%−$7 on $10k
+Price spread, last 4 days (all we have)+0.055%+$5 · spread now +0.096%, 7d avg +0.064%
=The price spread pays, funding is against you. MEXC is 0.032% dearer against HTX than usual: you sell high and buy low (spread +0.096% now, against its 7-day average of +0.064%): +$3 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 16 hours. At the pace of the last 7 days (−0.074% in total) that is about 3.1 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX USOIL-USDT | 93.650 | 0 | get 0.0000% / 4h | 56m 44s | $1.8M | $3.7M | 75x |
| Short | MEXC USOIL_USDT | 93.740 | −0.0166 | pay 0.0083% / 4h | 56m 44s | $68.1M | $59.6M | 200x |
HTX USOIL-USDT
MEXC USOIL_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against HTX. 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
- −$34.86
- Price spread: +0.096% → +0.064%
- $3.25
- Slippage, 4 orders
- −$11.65
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee MEXC: 1 bp × 2 orders
- −$2
- Net
- −$57.27
- Costs to cover
- 0.257%
- Break-even
- never at this rate
Slippage from HTX: live order book, 2 min ago; MEXC: live order book, 2 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 HTX live order book, 2 min ago | 0.53 bp | 11.1 bp −$11 | 11.8 bp −$118 | 13.3 bp −$1,334 | doesn't fit |
| Sell MEXC live order book, 2 min ago | 0.53 bp | 1.5 bp −$2 | 1.5 bp −$15 | 1.8 bp −$184 | 4.3 bp −$2,165 |
USOIL on 3 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 | |
|---|---|---|---|---|---|---|---|---|
| MEXC USOIL_USDTshort | −0.0166% | 4h | 93.740 | +0.096% | $68.1M | $59.6M | 200x | |
| SunX USOIL-USDT | 0.0000% | 4h | 93.640 | −0.011% | $4K | $2.4M | 20x | as long as short |
| HTX USOIL-USDTlong | 0.0000% | 4h | 93.650 | long leg | $1.8M | $3.7M | 75x |
SunX USOIL-USDT