Funding you earn now, next payment 08:00 UTC+0.0053%/8h= +5.9% APRnext payment +$0.53 per $10,000 · paid last 24h +0.025%
Price spread now: MEXC against OKX−0.060%7-day average −0.008% · you buy dearer than you sell
Net, funding: paid 7d − costs−$29as in the Funding arb table
Net, price: spread back to 7d avg − costs−$42as in the Price arb table
costs, in and out, $10k−$360.365% of the position
Funding, last 7 days+0.077%+$8 on $10k
+Price spread, last 4 days (all we have)+0.049%+$5 · spread now −0.060%, 7d avg −0.008%
=Funding pays, the price is against you. MEXC is 0.052% cheaper against OKX than usual: you would sell low and buy high (spread −0.060% now, against its 7-day average of −0.008%). If the spread goes back, that is −$5 on $10k: about 3.2 days of funding at the current rate (+$2 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX FIL-USDT-SWAP | 1.0005 | 0.0047 | pay 0.0047% / 8h | 2h 04m | $18.2M | $110.6M | 50x |
| Short | MEXC FIL_USDC | 0.9999 | 0.0100 | get 0.0100% / 8h | 2h 04m | $236K | $105K | 50x |
OKX FIL-USDT-SWAP
MEXC FIL_USDCFunding 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
- $11.22
- Price spread: −0.060% → −0.008%
- −$5.16
- Slippage, 4 orders
- −$26.46
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$30.4
- Costs to cover
- 0.365%
- Break-even
- 26.0 days
Slippage from OKX: live order book, 4 min ago; MEXC: live order book, 25 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, 4 min ago | 0.50 bp | 8.4 bp −$8 | 19.0 bp −$190 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 25 min ago | 3.55 bp | 13.0 bp −$13 | 38.8 bp −$388 | 83.5 bp −$8,346 | doesn't fit |
FIL on 29 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International FIL-PERP-INTX | −0.0240% | 1h | 1.0001 | −0.040% | $357K | $2.3M | 50x | as long as short |
| Deribit FIL_USDC-PERPETUAL | −0.0050% | 1h | 1.0005 | 0.000% | $172K | $23K | 25x | as long as short |
| gTrade (Gains Network) FIL/USD | L −0.0004% / S +0.0006% | 1h | 1.0004 | −0.010% | $26K | — | 150x | as long as short |
| dYdX FIL-USD | 0.0000% | 1h | 1.0001 | −0.044% | $58K | $1K | 10x | as long as short |
| Injective FIL/USDC PERP | +0.0033% | 1h | 0.9855 | −1.499% | $2K | $240K | 12x | as long as short |
| OKX FIL-USDT-SWAPlong | +0.0047% | 8h | 1.0005 | long leg | $18.2M | $110.6M | 50x | |
| KuCoin FILUSDTM | +0.0063% | 8h | 0.9999 | −0.060% | $7.3M | $7.9M | 50x | as long as short |
| Lighter FIL | +0.0096% | 1h | 0.9997 | −0.080% | $149K | $385K | 5x | as long as short |
| Hyperliquid FIL | +0.0100% | 1h | 1.0003 | −0.020% | $8.4M | $9.4M | 5x | as long as short |
| Aster FILUSDT | +0.0100% | 8h | 1.0008 | +0.029% | $510K | $605K | 20x | as long as short |
Coinbase International FIL-PERP-INTX
Deribit FIL_USDC-PERPETUAL
gTrade (Gains Network) FIL/USD
dYdX FIL-USD
Injective FIL/USDC PERP
KuCoin FILUSDTM
Lighter FIL
Hyperliquid FIL
Aster FILUSDTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance FILUSDT | +0.0100% | 8h | 1.0008 | +0.027% | $56.6M | $187.7M | 75x | as long as short |
| Bybit FILUSDT | +0.0100% | 8h | 1.0004 | −0.010% | $15.7M | $20.7M | 25x | as long as short |
| Gate FIL_USDT | +0.0100% | 8h | 1.0003 | −0.020% | $8.4M | $16.9M | 50x | as long as short |
| MEXC FIL_USDCshort | +0.0100% | 8h | 0.9999 | −0.060% | $236K | $105K | 50x | |
| Bitget FILUSDT | +0.0100% | 8h | 0.9998 | −0.070% | $11.4M | $20.1M | 75x | as long as short |
| BingX FIL-USDC | +0.0100% | 8h | 1.0001 | −0.040% | — | $6.5M | — | as long as short |
| Variational Omni FIL | +0.0100% | 8h | 0.9992 | −0.132% | $453K | $265K | — | as long as short |
| edgeX FILUSDC | +0.0100% | 4h | 1.0000 | −0.048% | $45K | $295K | 10x | as long as short |
| GRVT FIL_USDT_Perp | +0.0100% | 8h | 1.0005 | −0.003% | $301K | $1.2M | 10x | as long as short |
| ApeX Omni FILUSDT | +0.0100% | 1h | 1.0000 | −0.050% | $29K | $183K | 50x | as long as short |
| Orderly PERP_FIL_USDC_mythos | +0.0100% | 4h | 1.0010 | +0.045% | $4K | $798 | 10x | as long as short |
| SunX FIL-USDT | +0.0100% | 8h | 0.9990 | −0.150% | $3K | $1.2M | 20x | as long as short |
| SoDEX FIL-USD | +0.0100% | 1h | 1.0001 | −0.040% | $488 | $11K | 5x | as long as short |
| HTX FIL-USDT | +0.0100% | 8h | 1.0009 | +0.040% | $621K | $5.8M | 75x | as long as short |
| Phemex FILUSDT | +0.0100% | 8h | 0.9990 | −0.150% | $1.2M | $2.6M | 50x | as long as short |
| Extended FIL-USD | +0.0104% | 1h | 0.9998 | −0.066% | $704K | $1.4M | 10x | as long as short |
| BloFin FIL-USDT | +0.0220% | 8h | 1.0001 | −0.040% | $2.6M | $701K | 75x | as long as short |
| Kraken Futures PF_FILUSD | +0.0249% | 1h | 1.0005 | +0.002% | $1.4M | $2.2M | 50x | as long as short |
| GMX FIL/USD [WBTC.b-USDC] | L +0.0604% / S −0.0280% | 1h | 1.0003 | −0.015% | $267K | — | 100x | as long as short |
Binance FILUSDT
Bybit FILUSDT
Gate FIL_USDT
Bitget FILUSDT
BingX FIL-USDC
Variational Omni FIL
edgeX FILUSDC
GRVT FIL_USDT_Perp
ApeX Omni FILUSDT
Orderly PERP_FIL_USDC_mythos
SunX FIL-USDT
SoDEX FIL-USD
HTX FIL-USDT
Phemex FILUSDT
Extended FIL-USD
BloFin FIL-USDT
Kraken Futures PF_FILUSD
GMX FIL/USD [WBTC.b-USDC]