H

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC−0.0002%/8h= −0.3% APRnext payment −$0.01 per $10,000 · paid last 24h 0.000%

Price spread now: MEXC against OKX+0.104%7-day average +0.054% · you sell dearer than you buy

Net, funding: paid 7d − costs−$55as in the Funding arb table

Net, price: spread back to 7d avg − costs−$70as in the Price arb table

costs, in and out, $10k−$750.748% of the position

Long on OKX Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days+0.194%+$19 on $10k

Price spread, last 7 days−0.032%−$3 · spread now +0.104%, 7d avg +0.054%

Together, before fees+0.162%+$16 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.050% dearer against OKX than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of +0.054%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX H-USDT-SWAP	0.06748	0.0102	pay 0.0051% / 4h	1h 48m	$1.7M	$6.0M	10x
Short	MEXC H_USDT	0.06755	0.0100	get 0.0050% / 4h	1h 48m	$6.0M	$1.0M	20x

Funding 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 it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee OKXbpFee MEXCbpOrdersPrice spread, now +0.104%Rate

Funding earned: −$0.5
Price spread: +0.104% → +0.054%: $5.01
Slippage, 4 orders: −$60.84
Fee OKX: 5 bp × 2 orders: −$10
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$70.33
Costs to cover: 0.748%
Break-even: never at this rate

Slippage from OKX: live order book, 3 min ago; MEXC: live order book, 2 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, 3 min ago	0.74 bp	22.2 bp −$22	doesn't fit	doesn't fit	doesn't fit
Sell MEXC live order book, 2 min ago	0.74 bp	14.7 bp −$15	59.8 bp −$598	122.7 bp −$12.3K	doesn't fit

H on 14 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
Injective H/USDC PERP	+0.0033%	1h	0.06250	−7.380%	$1K	$1	5.5x	as long as short
BloFin H-USDT	+0.0092%	4h	0.06759	+0.163%	$585K	$100K	25x	as long as short
Aster HUSDT	+0.0100%	4h	0.06746	−0.026%	$106K	$56K	5x	as long as short
Binance HUSDT	+0.0100%	4h	0.06756	+0.122%	$14.2M	$10.2M	10x	as long as short
Bybit HUSDT	+0.0100%	4h	0.06731	−0.252%	$7.4M	$5.1M	13x	as long as short
Gate H_USDT	+0.0100%	4h	0.06750	+0.030%	$2.8M	$1.6M	10x	as long as short
MEXC H_USDTshort	+0.0100%	4h	0.06755	+0.104%	$6.0M	$1.0M	20x
KuCoin HUSDTM	+0.0100%	4h	0.06754	+0.089%	$1.6M	$10.2M	8x	as long as short
Bitget HUSDT	+0.0100%	4h	0.06750	+0.030%	$1.7M	$407K	4x	as long as short
BingX H-USDT	+0.0100%	4h	0.06751	+0.044%	—	$2.7M	—	as long as short

Show all 14 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni H	+0.0100%	4h	0.06734	−0.211%	$9K	$2K	—	as long as short
GRVT H_USDT_Perp	+0.0100%	4h	0.06739	−0.139%	$1.1M	$411K	10x	as long as short
OKX H-USDT-SWAPlong	+0.0102%	4h	0.06748	long leg	$1.7M	$6.0M	10x
Extended H-USD	+0.0104%	1h	0.06747	−0.018%	$9K	$203K	5x	as long as short