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 BingX−0.021%7-day average −0.027% · you buy dearer than you sell
Net, funding: paid 7d − costs−$113as in the Funding arb table
Net, price: spread back to 7d avg − costs−$106as in the Price arb table
costs, in and out, $10k−$1071.070% of the position
Funding, last 7 days−0.055%−$5 on $10k
+Price spread, last 4 days (all we have)−0.056%−$6 · spread now −0.021%, 7d avg −0.027%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX MEW-USDT | 0.0004699 | 0.0100 | pay 0.0050% / 4h | 3h 04m | — | $24.2M | — |
| Short | OKX MEW-USDT-SWAP | 0.0004698 | 0.0100 | get 0.0050% / 4h | 3h 04m | $528K | $718K | 20x |
BingX MEW-USDT
OKX MEW-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against BingX. 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: −0.021% → −0.027%
- $0.58
- Slippage, 4 orders
- −$87.03
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$106.45
- Costs to cover
- 1.070%
- Break-even
- never at this rate
Slippage from BingX: live order book, 4 min ago; OKX: live order book, 1 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 BingX live order book, 4 min ago | 6.36 bp | 23.9 bp −$24 | 70.1 bp −$701 | 707.3 bp −$70.7K | 1014.5 bp −$507.2K |
| Sell OKX live order book, 1 min ago | 3.19 bp | 29.5 bp −$30 | doesn't fit | doesn't fit | doesn't fit |
MEW 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 | |
|---|---|---|---|---|---|---|---|---|
| GMX MEW/USD [WBTC.b-USDC] | L 0.0000% / S 0.0000% | 1h | 0.0004690 | −0.192% | — | — | 100x | as long as short |
| Injective MEW/USDC PERP | +0.0033% | 1h | 0.0004219 | −10.215% | $46 | $14K | 5.5x | as long as short |
| Binance MEWUSDT | +0.0100% | 4h | 0.0004698 | −0.017% | $1.2M | $2.8M | 50x | as long as short |
| Bybit MEWUSDT | +0.0100% | 4h | 0.0004698 | −0.021% | $1.5M | $1.1M | 25x | as long as short |
| OKX MEW-USDT-SWAPshort | +0.0100% | 4h | 0.0004698 | −0.021% | $528K | $718K | 20x | |
| Gate MEW_USDT | +0.0100% | 4h | 0.0004693 | −0.128% | $131K | $87K | 50x | as long as short |
| MEXC MEW_USDT | +0.0100% | 4h | 0.0004698 | −0.021% | $391K | $176K | 125x | as long as short |
| KuCoin MEWUSDTM | +0.0100% | 4h | 0.0004692 | −0.149% | $340K | $116K | 30x | as long as short |
| Bitget MEWUSDT | +0.0100% | 4h | 0.0004700 | +0.021% | $495K | $367K | 50x | as long as short |
| BingX MEW-USDTlong | +0.0100% | 4h | 0.0004699 | long leg | — | $24.2M | — |
GMX MEW/USD [WBTC.b-USDC]
Injective MEW/USDC PERP
Binance MEWUSDT
Bybit MEWUSDT
Gate MEW_USDT
MEXC MEW_USDT
KuCoin MEWUSDTM
Bitget MEWUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni MEW | +0.0100% | 4h | 0.0004705 | +0.120% | $83K | $32K | — | as long as short |
| Kraken Futures PF_MEWUSD | +0.0685% | 1h | 0.0004702 | +0.059% | $92K | $106K | 10x | as long as short |
Variational Omni MEW
Kraken Futures PF_MEWUSD