2Z

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Bybit against MEXC−0.019%7-day average −0.010% · you buy dearer than you sell

Net, funding: paid 7d − costs−$78as in the Funding arb table

Net, price: spread back to 7d avg − costs−$79as in the Price arb table

costs, in and out, $10k−$780.784% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days+0.002%$0 on $10k

Price spread, last 4 days (all we have)+0.009%+$1 · spread now −0.019%, 7d avg −0.010%

Together, before fees+0.011%+$1 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC 2Z_USDT	0.05188	0.0100	pay 0.0050% / 4h	2h 04m	$294K	$125K	50x
Short	Bybit 2ZUSDT	0.05187	0.0100	get 0.0050% / 4h	2h 04m	$682K	$957K	50x

Funding history

latest

Range statsloading…

Bybit against MEXC. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Position, each leg$Hold fordaysFee MEXCbpFee BybitbpOrdersPrice spread, now −0.019%Rate

Slippage from MEXC: live order book, 45 min ago; Bybit: live order book, 45 min ago.

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, 45 min ago	7.71 bp	11.6 bp −$12	67.1 bp −$671	258.7 bp −$25.9K	doesn't fit
Sell Bybit live order book, 45 min ago	6.74 bp	22.4 bp −$22	429.4 bp −$4,294	doesn't fit	doesn't fit

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
Backpack 2Z_USDC_PERP	−0.0552%	1h	0.05180	−0.154%	$45K	$32K	5x	as long as short
Injective 2Z/USDC PERP	+0.0033%	1h	0.04980	−4.009%	$867	$213	5.5x	as long as short
Lighter 2Z	+0.0096%	1h	0.05188	0.000%	$16K	$8K	3x	as long as short
Hyperliquid 2Z	+0.0100%	1h	0.05183	−0.102%	$662K	$371K	3x	as long as short
Aster 2ZUSDT	+0.0100%	4h	0.05187	−0.024%	$12K	$57K	5x	as long as short
Pacifica 2Z	+0.0100%	1h	0.05183	−0.106%	$75K	$14K	3x	as long as short
Binance 2ZUSDT	+0.0100%	4h	0.05180	−0.154%	$2.1M	$2.3M	50x	as long as short
Bybit 2ZUSDTshort	+0.0100%	4h	0.05187	−0.019%	$682K	$957K	50x
OKX 2Z-USDT-SWAP	+0.0100%	4h	0.05185	−0.058%	$445K	$704K	20x	as long as short
Gate 2Z_USDT	+0.0100%	4h	0.05181	−0.135%	$90K	$70K	50x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC 2Z_USDTlong	+0.0100%	4h	0.05188	long leg	$294K	$125K	50x
KuCoin 2ZUSDTM	+0.0100%	4h	0.05187	−0.013%	$191K	$52K	50x	as long as short
Bitget 2ZUSDT	+0.0100%	4h	0.05180	−0.154%	$145K	$615K	50x	as long as short
BingX 2Z-USDT	+0.0100%	4h	0.05186	−0.039%	—	$6.5M	—	as long as short
Variational Omni 2Z	+0.0100%	4h	0.05186	−0.037%	$33K	$29K	—	as long as short
SunX 2Z-USDT	+0.0100%	4h	0.05185	−0.058%	$1K	$1.2M	20x	as long as short
Kraken Futures PF_2ZUSD	+0.1051%	1h	0.05195	+0.144%	$6K	$3K	10x	as long as short