Funding you earn now, next payment 00:00 UTC−0.0562%/8h= −61.5% APRnext payment −$2.81 per $10,000 · paid last 24h −0.119%
Price spread now: OKX against MEXC−0.079%7-day average +0.004% · you buy dearer than you sell
Net, funding: paid 7d − costs−$75as in the Funding arb table
Net, price: spread back to 7d avg − costs−$63as in the Price arb table
costs, in and out, $10k−$550.547% of the position
Funding, last 7 days−0.207%−$21 on $10k
+Price spread, last 7 days+0.038%+$4 · spread now −0.079%, 7d avg +0.004%
=Both sides work against this trade now: funding costs −$17 a day on $10k at the current rate, and OKX is 0.083% cheaper against MEXC than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of +0.004%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.207% in total (about -10.8% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.81 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC RIVER_USDT | 1.2680 | 0.0662 | pay 0.0331% / 4h | 1h 04m | $3.7M | $1.5M | 50x |
| Short | OKX RIVER-USDT-SWAP | 1.2670 | 0.0100 | get 0.0050% / 4h | 1h 04m | $2.0M | $3.7M | 20x |
MEXC RIVER_USDT
OKX RIVER-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
- −$118.02
- Price spread: −0.079% → +0.004%
- −$8.29
- Slippage, 4 orders
- −$44.67
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$180.98
- Costs to cover
- 0.547%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 8 min ago; OKX: 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 MEXC live order book, 8 min ago | 3.95 bp | 11.5 bp −$12 | 28.6 bp −$286 | 209.1 bp −$20.9K | 576.4 bp −$288.2K |
| Sell OKX live order book, 3 min ago | 3.95 bp | 18.7 bp −$19 | 90.6 bp −$906 | doesn't fit | doesn't fit |
RIVER on 16 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 | |
|---|---|---|---|---|---|---|---|---|
| Lighter RIVER | +0.0096% | 1h | 1.2680 | 0.000% | $41K | $17K | 3x | as long as short |
| OKX RIVER-USDT-SWAPshort | +0.0100% | 4h | 1.2670 | −0.079% | $2.0M | $3.7M | 20x | |
| KuCoin RIVERUSDTM | +0.0100% | 4h | 1.2670 | −0.079% | $2.4M | $2.1M | 50x | as long as short |
| SunX RIVER-USDT | +0.0100% | 4h | 1.2650 | −0.237% | $2K | $963K | 20x | as long as short |
| HTX RIVER-USDT | +0.0100% | 4h | 1.2700 | +0.158% | $48K | $95K | 20x | as long as short |
| GRVT RIVER_USDT_Perp | +0.0110% | 4h | 1.2688 | +0.060% | $39K | $415K | 10x | as long as short |
| Bitget RIVERUSDT | +0.0264% | 4h | 1.2670 | −0.079% | $3.0M | $1.9M | 20x | as long as short |
| Gate RIVER_USDT | +0.0392% | 4h | 1.2650 | −0.237% | $420K | $109K | 20x | as long as short |
| Kraken Futures PF_RIVERUSD | +0.0561% | 1h | 1.2694 | +0.107% | $58K | $62K | 10x | as long as short |
| Aster RIVERUSDT | +0.0582% | 4h | 1.2664 | −0.122% | $73K | $29K | 10x | as long as short |
Lighter RIVER
KuCoin RIVERUSDTM
SunX RIVER-USDT
HTX RIVER-USDT
GRVT RIVER_USDT_Perp
Bitget RIVERUSDT
Gate RIVER_USDT
Kraken Futures PF_RIVERUSD
Aster RIVERUSDTShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin RIVER-USDT | +0.0646% | 4h | 1.2690 | +0.079% | $417K | $33K | 50x | as long as short |
| MEXC RIVER_USDTlong | +0.0662% | 4h | 1.2680 | long leg | $3.7M | $1.5M | 50x | |
| Binance RIVERUSDT | +0.0666% | 4h | 1.2680 | 0.000% | $6.1M | $10.3M | 50x | as long as short |
| Variational Omni RIVER | +0.1137% | 4h | 1.2673 | −0.053% | $42K | $20K | — | as long as short |
| BingX RIVER-USDT | +0.1420% | 4h | 1.2680 | 0.000% | — | $6.8M | — | as long as short |
| Bybit RIVERUSDT | +0.1450% | 4h | 1.2670 | −0.079% | $3.8M | $1.7M | 25x | as long as short |
BloFin RIVER-USDT
Binance RIVERUSDT
Variational Omni RIVER
BingX RIVER-USDT
Bybit RIVERUSDT