Funding you earn now, next payment 08:00 UTC−0.0061%/8h= −6.7% APRnext payment −$0.31 per $10,000 · paid last 24h 0.000%
Price spread now: OKX against MEXC0.000%7-day average −0.027% · you sell dearer than you buy
Net, funding: paid 7d − costs−$62as in the Funding arb table
Net, price: spread back to 7d avg − costs−$53as in the Price arb table
costs, in and out, $10k−$560.561% of the position
Funding, last 7 days−0.058%−$6 on $10k
+Price spread, last 4 days (all we have)+0.038%+$4 · spread now 0.000%, 7d avg −0.027%
=The price spread pays, funding is against you. OKX is 0.027% dearer against MEXC than usual: you sell high and buy low (spread 0.000% now, against its 7-day average of −0.027%): +$3 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 36 hours. At the pace of the last 7 days (−0.058% in total) that is about 3.3 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC ONT_USDT | 0.05624 | 0.0100 | pay 0.0050% / 4h | 1h 20m | $1.4M | $152K | 50x |
| Short | OKX ONT-USDT-SWAP | 0.05624 | 0.0039 | get 0.0019% / 4h | 1h 20m | $787K | $929K | 20x |
MEXC ONT_USDT
OKX ONT-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
- −$12.82
- Price spread: 0.000% → −0.027%
- $2.73
- Slippage, 4 orders
- −$42.12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$66.22
- Costs to cover
- 0.561%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 1 min ago; OKX: live order book, 21 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, 1 min ago | 2.67 bp | 12.0 bp −$12 | 25.2 bp −$252 | 526.6 bp −$52.7K | doesn't fit |
| Sell OKX live order book, 21 min ago | 2.67 bp | 18.6 bp −$19 | 71.7 bp −$717 | doesn't fit | doesn't fit |
ONT 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 | |
|---|---|---|---|---|---|---|---|---|
| OKX ONT-USDT-SWAPshort | +0.0039% | 4h | 0.05624 | 0.000% | $787K | $929K | 20x | |
| BloFin ONT-USDT | +0.0083% | 4h | 0.05628 | +0.071% | $127K | $15K | 50x | as long as short |
| Aster ONTUSDT | +0.0100% | 4h | 0.05626 | +0.032% | $27K | $161 | 5x | as long as short |
| Binance ONTUSDT | +0.0100% | 4h | 0.05625 | +0.017% | $2.4M | $2.7M | 50x | as long as short |
| Gate ONT_USDT | +0.0100% | 4h | 0.05620 | −0.071% | $173K | $59K | 50x | as long as short |
| MEXC ONT_USDTlong | +0.0100% | 4h | 0.05624 | long leg | $1.4M | $152K | 50x | |
| KuCoin ONTUSDTM | +0.0100% | 4h | 0.05630 | +0.107% | $518K | $38K | 30x | as long as short |
| Bitget ONTUSDT | +0.0100% | 4h | 0.05624 | 0.000% | $799K | $280K | 50x | as long as short |
| Variational Omni ONT | +0.0247% | 4h | 0.05618 | −0.115% | $4K | $3K | — | as long as short |
| BingX ONT-USDT | +0.0592% | 4h | 0.05622 | −0.036% | — | $2.3M | — | as long as short |
BloFin ONT-USDT
Aster ONTUSDT
Binance ONTUSDT
Gate ONT_USDT
KuCoin ONTUSDTM
Bitget ONTUSDT
Variational Omni ONT
BingX ONT-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ONTUSDT | +0.0811% | 4h | 0.05618 | −0.107% | $797K | $332K | 25x | as long as short |
| Kraken Futures PF_ONTUSD | +0.0954% | 1h | 0.05624 | −0.002% | $9K | $395 | 10x | as long as short |
Bybit ONTUSDT
Kraken Futures PF_ONTUSD