Funding you earn now, next payment 08:00 UTC−0.0059%/8h= −6.5% APRnext payment −$0.59 per $10,000 · paid last 24h −0.024%
Price spread now: OKX against MEXC+0.095%7-day average +0.013% · you sell dearer than you buy
Net, funding: paid 7d − costs−$85as in the Funding arb table
Net, price: spread back to 7d avg − costs−$81as in the Price arb table
costs, in and out, $10k−$890.895% of the position
Funding, last 7 days+0.049%+$5 on $10k
+Price spread, last 4 days (all we have)−0.056%−$6 · spread now +0.095%, 7d avg +0.013%
=The price spread pays, funding is against you. OKX is 0.082% dearer against MEXC than usual: you sell high and buy low (spread +0.095% now, against its 7-day average of +0.013%): +$8 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 4.6 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC EWT_USDT | 115.92 | 0.0059 | pay 0.0059% / 8h | 5h 50m | $2.4M | $92K | 50x |
| Short | OKX EWT-USDT-SWAP | 116.03 | 0 | get 0.0000% / 8h | 5h 50m | $176K | $161K | 20x |
MEXC EWT_USDT
OKX EWT-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
- −$12.39
- Price spread: +0.095% → +0.013%
- $8.21
- Slippage, 4 orders
- −$79.47
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$93.65
- Costs to cover
- 0.895%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 1 min ago; OKX: live order book, 9 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 | 5.61 bp | 14.4 bp −$14 | 139.9 bp −$1,399 | 210.3 bp −$21.0K | doesn't fit |
| Sell OKX live order book, 9 min ago | 3.45 bp | 56.3 bp −$56 | doesn't fit | doesn't fit | doesn't fit |
EWT 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 | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:EWT | −0.0065% | 1h | 115.86 | −0.052% | $692K | $191K | 20x | as long as short |
| Aster EWTUSDT | 0.0000% | 8h | 116.01 | +0.081% | $3K | $76 | 20x | as long as short |
| Bybit EWTUSDT | 0.0000% | 8h | 115.73 | −0.164% | $222K | $139K | 25x | as long as short |
| OKX EWT-USDT-SWAPshort | 0.0000% | 8h | 116.03 | +0.095% | $176K | $161K | 20x | |
| Gate EWT_USDT | 0.0000% | 8h | 115.89 | −0.026% | $44K | $4K | 25x | as long as short |
| Bitget EWTUSDT | 0.0000% | 8h | 115.97 | +0.043% | $1.3M | $429K | 20x | as long as short |
| Variational Omni EWT | 0.0000% | 8h | 115.80 | −0.101% | $57K | $14K | — | as long as short |
| GRVT EWT_USDT_Perp | 0.0000% | 8h | 115.85 | −0.064% | $3K | $190K | 10x | as long as short |
| SunX EWT-USDT | 0.0000% | 8h | 115.80 | −0.104% | $1K | $338K | 10x | as long as short |
| HTX EWT-USDT | 0.0000% | 8h | 115.66 | −0.224% | $16K | $8K | 10x | as long as short |
tradeXYZ xyz:EWT
Aster EWTUSDT
Bybit EWTUSDT
Gate EWT_USDT
Bitget EWTUSDT
Variational Omni EWT
GRVT EWT_USDT_Perp
SunX EWT-USDT
HTX EWT-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance EWTUSDT | +0.0052% | 8h | 115.83 | −0.078% | $473K | $807K | 20x | as long as short |
| MEXC EWT_USDTlong | +0.0059% | 8h | 115.92 | long leg | $2.4M | $92K | 50x |
Binance EWTUSDT