Funding you earn now, next payment 08:00 UTC+0.0051%/8h= +5.6% APRnext payment +$0.51 per $10,000 · paid last 24h +0.015%
Price spread now: MEXC against OKX+0.046%7-day average −0.039% · you sell dearer than you buy
Net, funding: paid 7d − costs−$74as in the Funding arb table
Net, price: spread back to 7d avg − costs−$76as in the Price arb table
costs, in and out, $10k−$840.844% of the position
Funding, last 7 days+0.107%+$11 on $10k
+Price spread, last 4 days (all we have)−0.108%−$11 · spread now +0.046%, 7d avg −0.039%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and MEXC is 0.085% dearer against OKX than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of −0.039%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX CORE-USDT-SWAP | 0.02188 | 0.0100 | pay 0.0100% / 8h | 1h 55m | $1.7M | $4.3M | 20x |
| Short | MEXC CORE_USDT | 0.02189 | 0.0151 | get 0.0151% / 8h | 1h 55m | $802K | $211K | 100x |
OKX CORE-USDT-SWAP
MEXC CORE_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
- $10.71
- Price spread: +0.046% → −0.039%
- $8.47
- Slippage, 4 orders
- −$70.42
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$65.24
- Costs to cover
- 0.844%
- Break-even
- 49.6 days
Slippage from OKX: live order book, 2 min ago; MEXC: live order book, 45 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, 2 min ago | 2.28 bp | 25.1 bp −$25 | 395.3 bp −$3,953 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 45 min ago | 2.30 bp | 17.4 bp −$17 | 67.4 bp −$674 | 120.1 bp −$12.0K | 220.5 bp −$110.2K |
CORE 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni CORE | −0.0283% | 8h | 0.02185 | −0.132% | $8K | $1K | — | as long as short |
| Bybit COREUSDT | −0.0059% | 8h | 0.02183 | −0.229% | $1.4M | $1.0M | 20x | as long as short |
| Gate CORE_USDT | +0.0088% | 8h | 0.02187 | −0.046% | $156K | $164K | 25x | as long as short |
| OKX CORE-USDT-SWAPlong | +0.0100% | 8h | 0.02188 | long leg | $1.7M | $4.3M | 20x | |
| MEXC CORE_USDTshort | +0.0151% | 8h | 0.02189 | +0.046% | $802K | $211K | 100x | |
| BingX CORE-USDT | +0.0151% | 8h | 0.02190 | +0.091% | — | $1.3M | — | as long as short |
Variational Omni CORE
Bybit COREUSDT
Gate CORE_USDT
BingX CORE-USDT