Funding you earn now, next payment 07:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h +0.013%
Price spread now: MEXC against Injective−1.559%70s7-day average +0.496% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.391%+$39 on $10k
+Price spread, last 4 days (all we have)+1.524%+$152 · spread now −1.559%, 7d avg +0.496%
=Funding pays, the price is against you. MEXC is 2.054% cheaper against Injective than usual: you would sell low and buy high (spread −1.559% now, against its 7-day average of +0.496%). If the spread goes back, that is −$205 on $10k: about 3 months of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.391% in total) that is about 37 days. The two prices were read 70 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective OKB/USDC PERP | 123.18 | 0.0033 | pay 0.0004% / 1h | 50m 07s | $25 | $302K | 5.5x |
| Short | MEXC OKB_USDT | 121.26 | 0.0100 | get 0.0050% / 4h | 1h 50m | $1.1M | $471K | 25x |
Injective OKB/USDC PERP
MEXC OKB_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against Injective. 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
- $14
- Price spread: −1.559% → +0.496%
- −$205.45
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$195.47
- Costs to cover
- 0.040%
- Break-even
- 104.7 days
Slippage unknown: Injective: no order-book sample; MEXC: live order book, 1 min ago. Net counts fees only.
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 Injective no order-book sample | — | — | — | — | — |
| Sell MEXC live order book, 1 min ago | 0.41 bp | 4.7 bp −$5 | 15.3 bp −$153 | 155.5 bp −$15.6K | doesn't fit |
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.1591% | 1h | 120.50 | −2.174% | $49K | $39K | 5x | as long as short |
| Injective OKB/USDC PERPlong | +0.0033% | 1h | 123.18 | long leg | $25 | $302K | 5.5x | |
| BingX OKB-USDT | +0.0036% | 4h | 121.30 | −1.526% | — | $2.8M | — | as long as short |
| Bybit OKBUSDT | +0.0100% | 4h | 121.37 | −1.469% | $2.5M | $1.0M | 25x | as long as short |
| OKX OKB-USDT-SWAP | +0.0100% | 4h | 121.23 | −1.583% | $29.9M | $47.4M | 20x | as long as short |
| Gate OKB_USDT | +0.0100% | 8h | 121.14 | −1.656% | $1.5M | $657K | 25x | as long as short |
| MEXC OKB_USDTshort | +0.0100% | 4h | 121.26 | −1.559% | $1.1M | $471K | 25x | |
| Variational Omni OKB | +0.0100% | 4h | 121.23 | −1.579% | $56K | $34K | — | as long as short |
| HTX OKB-USDT | +0.0100% | 8h | 121.27 | −1.551% | $65K | $330K | 10x | as long as short |
| GMX OKB/USD [ETH-USDC] | L +0.0269% / S −0.0266% | 1h | 121.20 | −1.608% | $3K | — | 100x | as long as short |
Aster OKBUSDT
BingX OKB-USDT
Bybit OKBUSDT
OKX OKB-USDT-SWAP
Gate OKB_USDT
Variational Omni OKB
HTX OKB-USDT
GMX OKB/USD [ETH-USDC]