Funding you earn now, next payment 08:00 UTC+0.0329%/8h= +36.1% APRnext payment +$3.29 per $10,000 · paid last 24h −0.011%
Price spread now: MEXC against OKX−0.221%7-day average −0.164% · you buy dearer than you sell
Net, funding: paid 7d − costs−$254as in the Funding arb table
Net, price: spread back to 7d avg − costs−$251as in the Price arb table
costs, in and out, $10k−$2452.454% of the position
Funding, last 7 days−0.089%−$9 on $10k
+Price spread, last 4 days (all we have)+0.060%+$6 · spread now −0.221%, 7d avg −0.164%
=Funding pays, the price is against you. MEXC is 0.058% cheaper against OKX than usual: you would sell low and buy high (spread −0.221% now, against its 7-day average of −0.164%). If the spread goes back, that is −$6 on $10k: about 14 hours of funding at the current rate (+$10 a day). Mind the row above: over the last 7 days funding on this pair cost −0.089%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.089% in total (about -4.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.29 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX BB-USDT-SWAP | 8.5890 | 0.0183 | pay 0.0183% / 8h | 5h 52m | $215K | $504K | 20x |
| Short | MEXC BBSTOCK_USDT | 8.5700 | 0.0512 | get 0.0512% / 8h | 5h 52m | $311K | $105K | 50x |
OKX BB-USDT-SWAP
MEXC BBSTOCK_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against OKX. 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
- $69.19
- Price spread: −0.221% → −0.164%
- −$5.76
- Slippage, 4 orders
- −$235.44
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$182.01
- Costs to cover
- 2.454%
- Break-even
- 25.4 days
Slippage from OKX: live order book, 9 min ago; MEXC: live order book, 58 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 OKX live order book, 9 min ago | 14.53 bp | 34.2 bp −$34 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 58 min ago | 5.84 bp | 99.2 bp −$99 | 194.0 bp −$1,940 | 225.6 bp −$22.6K | doesn't fit |
BB on 9 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 BBSTOCKUSDT | 0.0000% | 8h | 8.5710 | −0.210% | $49K | $23K | 20x | as long as short |
| Vest BB-USD-PERP | +0.0046% | 1h | 8.5700 | −0.221% | — | $1K | 10x | as long as short |
| Ondo Perps BB-USD.P | +0.0050% | 1h | 8.5704 | −0.217% | $466K | $420K | 10x | as long as short |
| QFEX BB-USD | +0.0080% | 1h | 8.5800 | −0.105% | $1.1M | $277K | 10x | as long as short |
| OKX BB-USDT-SWAPlong | +0.0183% | 8h | 8.5890 | long leg | $215K | $504K | 20x | |
| tradeXYZ xyz:BB | +0.0432% | 1h | 8.5878 | −0.014% | $10.7M | $3.4M | 10x | as long as short |
| Extended BB-USD | +0.0448% | 1h | 8.5876 | −0.016% | $9K | $21K | 10x | as long as short |
| MEXC BBSTOCK_USDTshort | +0.0512% | 8h | 8.5700 | −0.221% | $311K | $105K | 50x | |
| Lighter BB | +0.1200% | 1h | 8.6082 | +0.224% | $189K | $141K | 10x | as long as short |
Bitget BBSTOCKUSDT
Vest BB-USD-PERP
Ondo Perps BB-USD.P
QFEX BB-USD
tradeXYZ xyz:BB
Extended BB-USD
Lighter BB