Funding you earn now, next payment 12:00 UTC−0.0028%/8h= −3.1% APRnext payment −$0.14 per $10,000 · paid last 24h −0.020%
Price spread now: MEXC against Bybit−0.251%7-day average −0.064% · you buy dearer than you sell
Net, funding: paid 7d − costs−$267as in the Funding arb table
Net, price: spread back to 7d avg − costs−$284as in the Price arb table
costs, in and out, $10k−$2652.651% of the position
Funding, last 7 days−0.020%−$2 on $10k
+Price spread, last 4 days (all we have)+0.183%+$18 · spread now −0.251%, 7d avg −0.064%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and MEXC is 0.188% cheaper against Bybit than usual: you would sell low and buy high (−$19 if the spread goes back to its 7-day average of −0.064%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit ACTUSDT | 0.01114 | 0.0128 | pay 0.0064% / 4h | 3h 39m | $669K | $461K | 25x |
| Short | MEXC ACT_USDT | 0.01111 | 0.0100 | get 0.0050% / 4h | 3h 39m | $6.5M | $114K | 20x |
Bybit ACTUSDT
MEXC ACT_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
- −$5.96
- Price spread: −0.251% → −0.064%
- −$18.78
- Slippage, 4 orders
- −$250.1
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$289.83
- Costs to cover
- 2.651%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 50 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 Bybit live order book, 50 min ago | 5.85 bp | 107.1 bp −$107 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 3 min ago | 3.14 bp | 16.8 bp −$17 | 54.7 bp −$547 | 108.1 bp −$10.8K | 326.5 bp −$163.2K |
ACT on 7 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance ACTUSDT | +0.0100% | 4h | 0.01112 | −0.218% | $2.1M | $2.4M | 10x | as long as short |
| OKX ACT-USDT-SWAP | +0.0100% | 4h | 0.01113 | −0.126% | $803K | $1.5M | 10x | as long as short |
| Gate ACT_USDT | +0.0100% | 4h | 0.01115 | +0.081% | $144K | $108K | 25x | as long as short |
| MEXC ACT_USDTshort | +0.0100% | 4h | 0.01111 | −0.251% | $6.5M | $114K | 20x | |
| Bitget ACTUSDT | +0.0100% | 4h | 0.01114 | −0.009% | $268K | $76K | 10x | as long as short |
| Bybit ACTUSDTlong | +0.0128% | 4h | 0.01114 | long leg | $669K | $461K | 25x | |
| BingX ACT-USDT | +0.0748% | 4h | 0.01112 | −0.215% | — | $1.2M | — | as long as short |
Binance ACTUSDT
OKX ACT-USDT-SWAP
Gate ACT_USDT
Bitget ACTUSDT
BingX ACT-USDT