Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: OKX against MEXC+0.024%7-day average −0.009% · you sell dearer than you buy
Net, funding: paid 7d − costs−$143as in the Funding arb table
Net, price: spread back to 7d avg − costs−$139as in the Price arb table
costs, in and out, $10k−$1431.425% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)+0.081%+$8 · spread now +0.024%, 7d avg −0.009%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.033% dearer against MEXC than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.009%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC INIT_USDT | 0.08257 | 0.0100 | pay 0.0050% / 4h | 21m 17s | $444K | $211K | 20x |
| Short | OKX INIT-USDT-SWAP | 0.08259 | 0.0100 | get 0.0050% / 4h | 21m 17s | $138K | $665K | 10x |
MEXC INIT_USDT
OKX INIT-USDT-SWAPFunding 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
- $0
- Price spread: +0.024% → −0.009%
- $3.31
- Slippage, 4 orders
- −$128.53
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$139.23
- Costs to cover
- 1.425%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 25 min ago; OKX: live order book, 35 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, 25 min ago | 4.25 bp | 19.3 bp −$19 | 85.2 bp −$852 | 222.8 bp −$22.3K | doesn't fit |
| Sell OKX live order book, 35 min ago | 10.24 bp | 54.9 bp −$55 | doesn't fit | doesn't fit | doesn't fit |
INIT on 13 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_INITUSD | −0.5688% | 1h | 0.08203 | −0.652% | $3K | $19K | 10x | as long as short |
| BloFin INIT-USDT | +0.0091% | 4h | 0.08261 | +0.048% | $151K | $112K | 25x | as long as short |
| Hyperliquid INIT | +0.0100% | 1h | 0.08251 | −0.073% | $304K | $230K | 3x | as long as short |
| Aster INITUSDT | +0.0100% | 4h | 0.08261 | +0.049% | $27K | $39K | 5x | as long as short |
| Binance INITUSDT | +0.0100% | 4h | 0.08256 | −0.008% | $3.3M | $3.8M | 25x | as long as short |
| Bybit INITUSDT | +0.0100% | 4h | 0.08253 | −0.048% | $1.4M | $1.5M | 25x | as long as short |
| OKX INIT-USDT-SWAPshort | +0.0100% | 4h | 0.08259 | +0.024% | $138K | $665K | 10x | |
| Gate INIT_USDT | +0.0100% | 8h | 0.08258 | +0.012% | $83K | $56K | 25x | as long as short |
| MEXC INIT_USDTlong | +0.0100% | 4h | 0.08257 | long leg | $444K | $211K | 20x | |
| KuCoin INITUSDTM | +0.0100% | 4h | 0.08257 | 0.000% | $323K | $57K | 25x | as long as short |
Kraken Futures PF_INITUSD
BloFin INIT-USDT
Hyperliquid INIT
Aster INITUSDT
Binance INITUSDT
Bybit INITUSDT
Gate INIT_USDT
KuCoin INITUSDTMShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget INITUSDT | +0.0100% | 4h | 0.08253 | −0.048% | $428K | $307K | 25x | as long as short |
| BingX INIT-USDT | +0.0100% | 4h | 0.08260 | +0.036% | — | $6.6M | — | as long as short |
| Variational Omni INIT | +0.0100% | 4h | 0.08255 | −0.025% | $26K | $23K | — | as long as short |
Bitget INITUSDT
BingX INIT-USDT
Variational Omni INIT