Funding you earn now, next payment 04:00 UTC+0.0064%/8h= +7.0% APRnext payment +$0.32 per $10,000 · paid last 24h +0.019%
Price spread now: MEXC against BingX0.000%7-day average −0.024% · you sell dearer than you buy
Net, funding: paid 7d − costs−$22as in the Funding arb table
Net, price: spread back to 7d avg − costs−$26as in the Price arb table
costs, in and out, $10k−$280.284% of the position
Funding, last 7 days+0.063%+$6 on $10k
+Price spread, last 7 days−0.013%−$1 · spread now 0.000%, 7d avg −0.024%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and MEXC is 0.024% dearer against BingX than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of −0.024%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX OKB-USDT | 122.56 | 0.0036 | pay 0.0018% / 4h | 1h 07m | — | $2.8M | — |
| Short | MEXC OKB_USDT | 122.56 | 0.0100 | get 0.0050% / 4h | 1h 07m | $1.1M | $442K | 25x |
BingX OKB-USDT
MEXC OKB_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $13.44
- Price spread: 0.000% → −0.024%
- $2.37
- Slippage, 4 orders
- −$14.41
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$12.6
- Costs to cover
- 0.284%
- Break-even
- 13.6 days
Slippage from BingX: live order book, 7 min ago; MEXC: live order book, 3 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, 7 min ago | 2.03 bp | 8.6 bp −$9 | 17.1 bp −$171 | 114.7 bp −$11.5K | 674.0 bp −$337.0K |
| Sell MEXC live order book, 3 min ago | 0.41 bp | 4.5 bp −$4 | 14.0 bp −$140 | 157.3 bp −$15.7K | doesn't fit |
OKB on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster OKBUSDT | −0.8081% | 1h | 121.64 | −0.751% | $49K | $32K | 5x | as long as short |
| Injective OKB/USDC PERP | +0.0033% | 1h | 123.18 | +0.506% | $25 | $304K | 5.5x | as long as short |
| BingX OKB-USDTlong | +0.0036% | 4h | 122.56 | long leg | — | $2.8M | — | |
| Bybit OKBUSDT | +0.0100% | 4h | 122.56 | 0.000% | $2.5M | $1.1M | 25x | as long as short |
| OKX OKB-USDT-SWAP | +0.0100% | 4h | 122.48 | −0.065% | $30.2M | $45.4M | 20x | as long as short |
| Gate OKB_USDT | +0.0100% | 8h | 122.47 | −0.073% | $1.5M | $659K | 25x | as long as short |
| MEXC OKB_USDTshort | +0.0100% | 4h | 122.56 | 0.000% | $1.1M | $442K | 25x | |
| Variational Omni OKB | +0.0100% | 4h | 123.05 | +0.401% | $54K | $29K | — | as long as short |
| HTX OKB-USDT | +0.0100% | 8h | 123.01 | +0.367% | $67K | $311K | 10x | as long as short |
| GMX OKB/USD [ETH-USDC] | L +0.0270% / S −0.0266% | 1h | 122.59 | +0.029% | $3K | — | 100x | as long as short |
Aster OKBUSDT
Injective OKB/USDC PERP
Bybit OKBUSDT
OKX OKB-USDT-SWAP
Gate OKB_USDT
Variational Omni OKB
HTX OKB-USDT
GMX OKB/USD [ETH-USDC]