Funding you earn now, next payment 04:00 UTC−0.0252%/8h= −27.6% APRnext payment −$1.26 per $10,000 · paid last 24h −0.018%
Price spread now: MEXC against HTX+0.065%7-day average +0.062% · you sell dearer than you buy
Net, funding: paid 7d − costs−$32as in the Funding arb table
Net, price: spread back to 7d avg − costs−$25as in the Price arb table
costs, in and out, $10k−$260.256% of the position
Funding, last 7 days−0.069%−$7 on $10k
+Price spread, last 3 days (all we have)+0.058%+$6 · spread now +0.065%, 7d avg +0.062%
=The price spread sits at its 7-day average of +0.062%, so right now this pair is about funding alone: −$8 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.069% in total (about -3.6% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.26 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 | HTX USOIL-USDT | 92.890 | 0 | get 0.0000% / 4h | 2h 18m | $1.7M | $3.6M | 75x |
| Short | MEXC USOIL_USDT | 92.950 | −0.0252 | pay 0.0126% / 4h | 2h 18m | $66.3M | $62.5M | 200x |
HTX USOIL-USDT
MEXC USOIL_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against HTX. 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
- −$52.92
- Price spread: +0.065% → +0.062%
- $0.29
- Slippage, 4 orders
- −$11.59
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee MEXC: 1 bp × 2 orders
- −$2
- Net
- −$78.22
- Costs to cover
- 0.256%
- Break-even
- never at this rate
Slippage from HTX: live order book, 1 min ago; MEXC: 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 HTX live order book, 1 min ago | 0.54 bp | 9.3 bp −$9 | 9.7 bp −$97 | 11.5 bp −$1,152 | doesn't fit |
| Sell MEXC live order book, 1 min ago | 0.54 bp | 2.6 bp −$3 | 2.6 bp −$26 | 2.6 bp −$261 | 4.9 bp −$2,457 |
USOIL on 3 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 | |
|---|---|---|---|---|---|---|---|---|
| MEXC USOIL_USDTshort | −0.0252% | 4h | 92.950 | +0.065% | $66.3M | $62.5M | 200x | |
| SunX USOIL-USDT | 0.0000% | 4h | 92.890 | 0.000% | $4K | $2.5M | 20x | as long as short |
| HTX USOIL-USDTlong | 0.0000% | 4h | 92.890 | long leg | $1.7M | $3.6M | 75x |
SunX USOIL-USDT