Funding you earn now, next payment 16:00 UTC+0.0052%/8h= +5.7% APRnext payment +$0.52 per $10,000 · paid last 24h +0.025%
Price spread now: OKX against MEXC−0.056%7-day average +0.037% · you buy dearer than you sell
Net, funding: paid 7d − costs−$11as in the Funding arb table
Net, price: spread back to 7d avg − costs−$22as in the Price arb table
costs, in and out, $10k−$130.129% of the position
Funding, last 7 days+0.020%+$2 on $10k
+Price spread, last 4 days (all we have)+0.147%+$15 · spread now −0.056%, 7d avg +0.037%
=Funding pays, the price is against you. OKX is 0.093% cheaper against MEXC than usual: you would sell low and buy high (spread −0.056% now, against its 7-day average of +0.037%). If the spread goes back, that is −$9 on $10k: about 6.0 days of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.020% in total) that is about 33 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC NAS100_USDT | 30,525 | −0.0052 | get 0.0052% / 8h | 5h 42m | $21.5M | $21.7M | 200x |
| Short | OKX US100-USDT-SWAP | 30,508 | 0 | get 0.0000% / 8h | 5h 42m | $267K | $427K | 20x |
Funding 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
- $10.92
- Price spread: −0.056% → +0.037%
- −$9.31
- Slippage, 4 orders
- −$2.91
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$11.3
- Costs to cover
- 0.129%
- Break-even
- 14.2 days
Slippage from MEXC: live order book, 4 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, 4 min ago | 0.33 bp | 0.3 bp $0 | 1.0 bp −$10 | 19.8 bp −$1,981 | 115.5 bp −$57.7K |
| Sell OKX live order book, 1 min ago | 0.98 bp | 6.3 bp −$6 | doesn't fit | doesn't fit | doesn't fit |
NAS100 on 15 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 | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_NAS100_USDC | −0.0280% | 8h | 30,514.1 | −0.036% | $100K | $36K | 20x | as long as short |
| Kraken Futures PF_US100USD | −0.0234% | 1h | 30,481.7 | −0.142% | $140K | $69K | 20x | as long as short |
| Gate NAS100_USDT | −0.0200% | 8h | 30,513.8 | −0.037% | $1.8M | $2.6M | 100x | as long as short |
| MEXC NAS100_USDTlong | −0.0052% | 8h | 30,525 | long leg | $21.5M | $21.7M | 200x | |
| OKX US100-USDT-SWAPshort | 0.0000% | 8h | 30,508 | −0.056% | $267K | $427K | 20x | |
| Bitget NDX100USDT | 0.0000% | 8h | 30,539 | +0.046% | $3.6M | $560K | 50x | as long as short |
| Bullet US100-USD | 0.0000% | 1h | 30,527 | +0.007% | $2K | $89K | 10x | as long as short |
| Phemex NAS100USDT | 0.0000% | 4h | 30,513.8 | −0.037% | $1.4M | $194K | 10x | as long as short |
| QFEX US100-USD | +0.0003% | 1h | 30,526 | +0.003% | $1.4M | $1.6M | 30x | as long as short |
| Lighter US100 | +0.0032% | 1h | 30,519 | −0.020% | $3.1M | $99.3M | 30x | as long as short |
Show all 15 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended TECH100m-USD | +0.0032% | 1h | 30,519.9 | −0.017% | $2.1M | $5.5M | 20x | as long as short |
| Vest NDX-USD-PERP | +0.0046% | 1h | 30,815.6 | +0.952% | — | $209.1M | 50x | as long as short |
| Paradex US100-USD-PERP | +0.0050% | 8h | 30,518.3 | −0.022% | — | — | 5x | as long as short |
| Polymarket Perps NAS100-USD | +0.0050% | 1h | 30,520 | −0.016% | $7.2M | $1.9M | 50x | as long as short |
| Ondo Perps US100-USD.P | +0.0066% | 1h | 30,529 | +0.013% | $6.0M | $10.3M | 25x | as long as short |
MEXC NAS100_USDT
OKX US100-USDT-SWAP
Kraken Futures PF_US100USD
Gate NAS100_USDT
Bitget NDX100USDT
Bullet US100-USD
Phemex NAS100USDT
Lighter US100
Extended TECH100m-USD
Paradex US100-USD-PERP
Polymarket Perps NAS100-USD