Funding you earn now, next payment 04:00 UTC−0.0331%/8h= −36.2% APRnext payment −$1.65 per $10,000 · paid last 24h −0.072%
Price spread now: Bybit against MEXC−0.072%7-day average −0.085% · you buy dearer than you sell
Net, funding: paid 7d − costs−$398as in the Funding arb table
Net, price: spread back to 7d avg − costs−$382as in the Price arb table
costs, in and out, $10k−$3843.835% of the position
Funding, last 7 days−0.140%−$14 on $10k
+Price spread, last 7 days+0.135%+$13 · spread now −0.072%, 7d avg −0.085%
=The price spread sits at its 7-day average of −0.085%, so right now this pair is about funding alone: −$10 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.140% in total (about -7.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.65 per $10,000. 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 | MEXC 4_USDT | 0.02090 | 0.0654 | pay 0.0327% / 4h | 2h 54m | $1.6M | $878K | 100x |
| Short | Bybit 4USDT | 0.02089 | 0.0323 | get 0.0162% / 4h | 2h 54m | $2.7M | $1.8M | 5x |
MEXC 4_USDT
Bybit 4USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- −$69.49
- Price spread: −0.072% → −0.085%
- $1.29
- Slippage, 4 orders
- −$368.5
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$451.7
- Costs to cover
- 3.835%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 8 min ago; Bybit: 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 MEXC live order book, 8 min ago | 2.34 bp | 12.5 bp −$12 | 103.7 bp −$1,037 | 280.6 bp −$28.1K | doesn't fit |
| Sell Bybit live order book, 3 min ago | 6.11 bp | 136.1 bp −$136 | 596.5 bp −$5,965 | doesn't fit | 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 | 0.02128 | +1.805% | $49K | $8K | — | as long as short |
| SunX 4-USDT | +0.0100% | 4h | 0.02092 | +0.096% | $1K | $1.1M | 20x | as long as short |
| Bybit 4USDTshort | +0.0323% | 4h | 0.02089 | −0.072% | $2.7M | $1.8M | 5x | |
| Gate 4_USDT | +0.0516% | 4h | 0.02084 | −0.278% | $573K | $250K | 20x | as long as short |
| Aster 4USDT | +0.0531% | 4h | 0.02089 | −0.049% | $242K | $98K | 5x | as long as short |
| KuCoin 4USDTM | +0.0610% | 4h | 0.02090 | 0.000% | $931K | $12.7M | 20x | as long as short |
| BingX 4-USDT | +0.0638% | 4h | 0.02082 | −0.368% | — | $1.4M | — | as long as short |
| Binance 4USDT | +0.0644% | 4h | 0.02090 | +0.014% | $8.1M | $11.7M | 20x | as long as short |
| MEXC 4_USDTlong | +0.0654% | 4h | 0.02090 | long leg | $1.6M | $878K | 100x |
Variational Omni 4
SunX 4-USDT
Gate 4_USDT
Aster 4USDT
KuCoin 4USDTM
BingX 4-USDT
Binance 4USDT