Funding you earn now, next payment 12:00 UTC+0.0022%/8h= +2.4% APRnext payment +$0.11 per $10,000 · paid last 24h +0.033%
Price spread now: HTX against MEXC−0.156%7-day average −0.061% · you buy dearer than you sell
Net, funding: paid 7d − costs−$16as in the Funding arb table
Net, price: spread back to 7d avg − costs−$33as in the Price arb table
costs, in and out, $10k−$240.239% of the position
Funding, last 7 days+0.081%+$8 on $10k
+Price spread, last 4 days (all we have)−0.033%−$3 · spread now −0.156%, 7d avg −0.061%
=Funding pays, the price is against you. HTX is 0.094% cheaper against MEXC than usual: you would sell low and buy high (spread −0.156% now, against its 7-day average of −0.061%). If the spread goes back, that is −$9 on $10k: about 14 days of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC USOIL_USDT | 90.000 | −0.0022 | get 0.0011% / 4h | 54m 52s | $57.0M | $80.8M | 200x |
| Short | HTX USOIL-USDT | 89.860 | 0 | get 0.0000% / 4h | 54m 52s | $1.8M | $5.2M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
HTX 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
- $4.62
- Price spread: −0.156% → −0.061%
- −$9.41
- Slippage, 4 orders
- −$9.9
- Fee MEXC: 1 bp × 2 orders
- −$2
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$28.7
- Costs to cover
- 0.239%
- Break-even
- 50.5 days
Slippage from MEXC: live order book, 2 min ago; HTX: live order book, 2 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, 2 min ago | 0.56 bp | 2.7 bp −$3 | 2.7 bp −$27 | 2.7 bp −$267 | 5.1 bp −$2,529 |
| Sell HTX live order book, 2 min ago | 0.56 bp | 9.7 bp −$10 | 9.9 bp −$99 | 18.6 bp −$1,861 | doesn't fit |
USOIL on 3 exchanges
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_USDTlong | −0.0022% | 4h | 90.000 | long leg | $57.0M | $80.8M | 200x | |
| SunX USOIL-USDT | 0.0000% | 4h | 89.900 | −0.111% | $4K | $1.6M | 20x | as long as short |
| HTX USOIL-USDTshort | 0.0000% | 4h | 89.860 | −0.156% | $1.8M | $5.2M | 75x |
MEXC USOIL_USDT
HTX USOIL-USDT
SunX USOIL-USDT