Funding you earn now, next payment 08:00 UTC−0.0579%/8h= −63.4% APRpaid last 24h −0.048%
Price spread now: MEXC against OKX+0.027%7-day average −0.050% · you sell dearer than you buy
Net, funding: paid 7d − costs−$40as in the Funding arb table
Net, price: spread back to 7d avg − costs−$19as in the Price arb table
costs, in and out, $10k−$260.263% of the position
Funding, last 7 days−0.138%−$14 on $10k
+Price spread, last 4 days (all we have)−0.057%−$6 · spread now +0.027%, 7d avg −0.050%
=The price spread pays, funding is against you. MEXC is 0.078% dearer against OKX than usual: you sell high and buy low (spread +0.027% now, against its 7-day average of −0.050%): +$8 on $10k if it goes back. Holding the pair costs −$17 a day in funding at the current rate, which eats that in about 11 hours. At the pace of the last 7 days (−0.138% in total) that is about 4.0 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.138% in total (about -7.2% a year). A funding rate is set anew for every payment. 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 | OKX XPT-USDT-SWAP | 1,782.9 | 0.0993 | pay 0.0993% / 8h | 5m 45s | $1.0M | $789K | 50x |
| Short | MEXC XPT_USDT | 1,783.4 | 0.0414 | get 0.0207% / 4h | 5m 45s | $23.3M | $653K | 100x |
OKX XPT-USDT-SWAP
MEXC XPT_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against OKX. 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
- −$121.55
- Price spread: +0.027% → −0.050%
- $7.78
- Slippage, 4 orders
- −$16.28
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$140.05
- Costs to cover
- 0.263%
- Break-even
- never at this rate
Slippage from OKX: live order book, 1 min ago; MEXC: 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 OKX live order book, 1 min ago | 0.28 bp | 10.1 bp −$10 | 25.8 bp −$258 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 3 min ago | 2.92 bp | 4.3 bp −$4 | 11.0 bp −$110 | 67.8 bp −$6,776 | 261.8 bp −$130.9K |
XPT on 21 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 | |
|---|---|---|---|---|---|---|---|---|
| HTX XPT-USDT | 0.0000% | 4h | 1,782.7 | −0.013% | $11K | $38K | 30x | as long as short |
| gTrade (Gains Network) XPT/USD | L +0.0006% / S −0.0006% | 1h | 1,781.1 | −0.099% | $228 | — | 150x | as long as short |
| Vest PL-PERP | +0.0046% | 1h | 1,780.4 | −0.140% | — | $50 | 25x | as long as short |
| tradeXYZ xyz:PLATINUM | +0.0050% | 1h | 1,781.2 | −0.095% | $3.6M | $1.1M | 20x | as long as short |
| Pacifica PLATINUM | +0.0100% | 1h | 1,781.8 | −0.062% | $13K | $32K | 10x | as long as short |
| KuCoin XPTUSDTM | +0.0100% | 4h | 1,783.4 | +0.026% | $238K | $41K | 75x | as long as short |
| Injective XPT/USDC PERP | +0.0220% | 1h | 1,800.3 | +0.975% | $6K | $34K | 52x | as long as short |
| Paradex XPT-USD-PERP | +0.0224% | 8h | 1,783.1 | +0.010% | $3K | — | 5x | as long as short |
| Lighter XPT | +0.0312% | 1h | 1,784.1 | +0.067% | $356K | $30K | 20x | as long as short |
| Extended XPT-USD | +0.0320% | 1h | 1,781.5 | −0.080% | $154K | $697K | 10x | as long as short |
HTX XPT-USDT
gTrade (Gains Network) XPT/USD
Vest PL-PERP
tradeXYZ xyz:PLATINUM
Pacifica PLATINUM
KuCoin XPTUSDTM
Injective XPT/USDC PERP
Paradex XPT-USD-PERP
Lighter XPT
Extended XPT-USDShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni XPT | +0.0331% | 4h | 1,782.9 | +0.002% | $245K | $206K | — | as long as short |
| Aevo PLATINUM-PERP | +0.0344% | 1h | 1,783.1 | +0.009% | $303 | — | 10x | as long as short |
| Aster XPTUSDT | +0.0356% | 4h | 1,782.4 | −0.026% | $15K | $10K | 20x | as long as short |
| Binance XPTUSDT | +0.0407% | 4h | 1,783.2 | +0.018% | $4.6M | $5.2M | 100x | as long as short |
| MEXC XPT_USDTshort | +0.0414% | 4h | 1,783.4 | +0.027% | $23.3M | $653K | 100x | |
| BloFin XPT-USDT | +0.0467% | 4h | 1,783.1 | +0.011% | $96K | $70K | 100x | as long as short |
| edgeX XPTUSDC | +0.0475% | 4h | 1,785.7 | +0.159% | $39K | $282K | 10x | as long as short |
| Bitget XPTUSDT | +0.0528% | 4h | 1,781.5 | −0.080% | $1.3M | $526K | 100x | as long as short |
| Gate XPT_USDT | +0.0558% | 4h | 1,784.3 | +0.080% | $687K | $556K | 100x | as long as short |
| GRVT XPT_USDT_Perp | +0.0716% | 4h | 1,784.5 | +0.088% | $204K | $777K | 25x | as long as short |
| OKX XPT-USDT-SWAPlong | +0.0993% | 8h | 1,782.9 | long leg | $1.0M | $789K | 50x |
Variational Omni XPT
Aevo PLATINUM-PERP
Aster XPTUSDT
Binance XPTUSDT
BloFin XPT-USDT
edgeX XPTUSDC
Bitget XPTUSDT
Gate XPT_USDT
GRVT XPT_USDT_Perp