Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.032%
Price spread now: MEXC against OKX+0.059%7-day average +0.073% · you sell dearer than you buy
Net, funding: paid 7d − costs−$83as in the Funding arb table
Net, price: spread back to 7d avg − costs−$101as in the Price arb table
costs, in and out, $10k−$990.992% of the position
Funding, last 7 days+0.162%+$16 on $10k
+Price spread, last 4 days (all we have)−0.203%−$20 · spread now +0.059%, 7d avg +0.073%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX GMT-USDT-SWAP | 0.008480 | 0.0100 | pay 0.0050% / 4h | 3h 42m | $388K | $1.2M | 20x |
| Short | MEXC GMT_USDT | 0.008485 | 0.0100 | get 0.0050% / 4h | 3h 42m | $436K | $215K | 20x |
OKX GMT-USDT-SWAP
MEXC GMT_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
- $0
- Price spread: +0.059% → +0.073%
- −$1.44
- Slippage, 4 orders
- −$85.22
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$100.66
- Costs to cover
- 0.992%
- Break-even
- never at this rate
Slippage from OKX: live order book, 4 min ago; MEXC: live order book, 38 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 | 4.71 bp | 43.3 bp −$43 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 38 min ago | 0.59 bp | 9.0 bp −$9 | 65.2 bp −$652 | 258.2 bp −$25.8K | doesn't fit |
GMT on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_GMTUSD | −0.1412% | 1h | 0.008494 | +0.160% | $43K | $13K | 20x | as long as short |
| Variational Omni GMT | −0.0150% | 8h | 0.008491 | +0.125% | $4K | $6K | — | as long as short |
| KuCoin GMTUSDTM | −0.0044% | 4h | 0.008490 | +0.118% | $241K | $204K | 50x | as long as short |
| Hyperliquid GMT | +0.0100% | 1h | 0.008491 | +0.130% | $122K | $151K | 3x | as long as short |
| Aster GMTUSDT | +0.0100% | 4h | 0.008488 | +0.097% | $7K | $24K | 10x | as long as short |
| Binance GMTUSDT | +0.0100% | 4h | 0.008486 | +0.071% | $2.8M | $5.5M | 50x | as long as short |
| Bybit GMTUSDT | +0.0100% | 8h | 0.008482 | +0.024% | $1.1M | $2.1M | 50x | as long as short |
| OKX GMT-USDT-SWAPlong | +0.0100% | 4h | 0.008480 | long leg | $388K | $1.2M | 20x | |
| Gate GMT_USDT | +0.0100% | 8h | 0.008500 | +0.236% | $140K | $177K | 50x | as long as short |
| MEXC GMT_USDTshort | +0.0100% | 4h | 0.008485 | +0.059% | $436K | $215K | 20x |
Kraken Futures PF_GMTUSD
Variational Omni GMT
KuCoin GMTUSDTM
Hyperliquid GMT
Aster GMTUSDT
Binance GMTUSDT
Bybit GMTUSDT
Gate GMT_USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget GMTUSDT | +0.0100% | 4h | 0.008494 | +0.165% | $746K | $691K | 50x | as long as short |
| BingX GMT-USDT | +0.0100% | 4h | 0.008488 | +0.094% | — | $1.3M | — | as long as short |
Bitget GMTUSDT
BingX GMT-USDT