Funding you earn now, next payment 04:00 UTC+0.0161%/8h= +17.6% APRnext payment +$0.80 per $10,000 · paid last 24h +0.072%
Price spread now: MEXC against Bybit+0.039%7-day average +0.085% · you sell dearer than you buy
Net, funding: paid 7d − costs−$696as in the Funding arb table
Net, price: spread back to 7d avg − costs−$715as in the Price arb table
costs, in and out, $10k−$7107.103% of the position
Funding, last 7 days+0.140%+$14 on $10k
+Price spread, last 7 days−0.108%−$11 · spread now +0.039%, 7d avg +0.085%
=Funding pays, the price is against you. MEXC is 0.046% cheaper against Bybit than usual: you would sell low and buy high (spread +0.039% now, against its 7-day average of +0.085%). If the spread goes back, that is −$5 on $10k: about 23 hours of funding at the current rate (+$5 a day). At the pace of the last 7 days (+0.140% in total) that is about 2.3 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit 4USDT | 0.02043 | 0.0387 | pay 0.0194% / 4h | 2h 29m | $2.7M | $1.9M | 5x |
| Short | MEXC 4_USDT | 0.02044 | 0.0548 | get 0.0274% / 4h | 2h 29m | $1.6M | $904K | 100x |
Bybit 4USDT
MEXC 4_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against Bybit. 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
- $33.78
- Price spread: +0.039% → +0.085%
- −$4.61
- Slippage, 4 orders
- −$695.29
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$681.12
- Costs to cover
- 7.103%
- Break-even
- 148.1 days
Slippage from Bybit: live order book, 2 min ago; MEXC: 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 Bybit live order book, 2 min ago | 4.38 bp | 306.4 bp −$306 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 2 min ago | 2.45 bp | 17.1 bp −$17 | 112.1 bp −$1,121 | 276.8 bp −$27.7K | doesn't fit |
4 on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni 4 | +0.0100% | 4h | 0.02050 | +0.327% | $46K | $9K | — | as long as short |
| SunX 4-USDT | +0.0100% | 4h | 0.02044 | +0.039% | $2K | $1.2M | 20x | as long as short |
| Gate 4_USDT | +0.0318% | 4h | 0.02047 | +0.166% | $551K | $275K | 20x | as long as short |
| Bybit 4USDTlong | +0.0387% | 4h | 0.02043 | long leg | $2.7M | $1.9M | 5x | |
| Aster 4USDT | +0.0440% | 4h | 0.02044 | +0.052% | $245K | $113K | 5x | as long as short |
| BingX 4-USDT | +0.0512% | 4h | 0.02048 | +0.210% | — | $1.4M | — | as long as short |
| Binance 4USDT | +0.0539% | 4h | 0.02044 | +0.057% | $7.9M | $12.3M | 20x | as long as short |
| MEXC 4_USDTshort | +0.0548% | 4h | 0.02044 | +0.039% | $1.6M | $904K | 100x | |
| KuCoin 4USDTM | +0.0636% | 4h | 0.02044 | +0.039% | $880K | $12.7M | 20x | as long as short |
Variational Omni 4
SunX 4-USDT
Gate 4_USDT
Aster 4USDT
BingX 4-USDT
Binance 4USDT
KuCoin 4USDTM