Funding you earn now, next payment 08:00 UTC+0.0093%/8h= +10.1% APRnext payment +$0.46 per $10,000 · paid last 24h +0.161%
Price spread now: OKX against MEXC−0.067%7-day average +0.025% · you buy dearer than you sell
Net, funding: paid 7d − costs−$58as in the Funding arb table
Net, price: spread back to 7d avg − costs−$72as in the Price arb table
costs, in and out, $10k−$630.625% of the position
Funding, last 7 days+0.047%+$5 on $10k
+Price spread, last 4 days (all we have)+0.163%+$16 · spread now −0.067%, 7d avg +0.025%
=Funding pays, the price is against you. OKX is 0.092% cheaper against MEXC than usual: you would sell low and buy high (spread −0.067% now, against its 7-day average of +0.025%). If the spread goes back, that is −$9 on $10k: about 3.3 days of funding at the current rate (+$3 a day). At the pace of the last 7 days (+0.047% in total) that is about 14 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC LA_USDT | 0.07442 | −0.0006 | get 0.0003% / 4h | 1h 12m | $387K | $135K | 50x |
| Short | OKX LA-USDT-SWAP | 0.07437 | 0.0087 | get 0.0043% / 4h | 1h 12m | $1.4M | $2.8M | 20x |
MEXC LA_USDT
OKX LA-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
- $19.46
- Price spread: −0.067% → +0.025%
- −$9.25
- Slippage, 4 orders
- −$48.55
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$52.33
- Costs to cover
- 0.625%
- Break-even
- 25.8 days
Slippage from MEXC: live order book, 13 min ago; OKX: live order book, 4 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, 13 min ago | 2.02 bp | 9.7 bp −$10 | 52.3 bp −$523 | 417.0 bp −$41.7K | doesn't fit |
| Sell OKX live order book, 4 min ago | 1.34 bp | 20.5 bp −$20 | 554.8 bp −$5,548 | doesn't fit | doesn't fit |
LA on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX LA-USDT | −0.0338% | 4h | 0.07440 | −0.027% | — | $6.6M | — | as long as short |
| Bitget LAUSDT | −0.0304% | 4h | 0.07433 | −0.121% | $2.0M | $433K | 25x | as long as short |
| Gate LA_USDT | −0.0162% | 4h | 0.07439 | −0.040% | $227K | $825K | 50x | as long as short |
| Aster LAUSDT | −0.0126% | 4h | 0.07440 | −0.025% | $51K | $25K | 5x | as long as short |
| Binance LAUSDT | −0.0008% | 4h | 0.07442 | +0.004% | $4.8M | $9.4M | 25x | as long as short |
| MEXC LA_USDTlong | −0.0006% | 4h | 0.07442 | long leg | $387K | $135K | 50x | |
| KuCoin LAUSDTM | −0.0006% | 4h | 0.07434 | −0.107% | $1.0M | $78K | 30x | as long as short |
| BloFin LA-USDT | +0.0041% | 4h | 0.07442 | 0.000% | $247K | $20K | 25x | as long as short |
| OKX LA-USDT-SWAPshort | +0.0087% | 4h | 0.07437 | −0.067% | $1.4M | $2.8M | 20x | |
| Bybit LAUSDT | +0.0100% | 4h | 0.07442 | 0.000% | $2.4M | $2.5M | 25x | as long as short |
BingX LA-USDT
Bitget LAUSDT
Gate LA_USDT
Aster LAUSDT
Binance LAUSDT
KuCoin LAUSDTM
BloFin LA-USDT
Bybit LAUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT LA_USDT_Perp | +0.0100% | 4h | 0.07440 | −0.027% | $142K | $444K | 10x | as long as short |
GRVT LA_USDT_Perp