Funding you earn now, next payment 16:00 UTC+0.0308%/8h= +33.7% APRnext payment +$3.08 per $10,000 · paid last 24h +0.003%
Price spread now: MEXC against Bybit+0.065%7-day average −0.008% · you sell dearer than you buy
Net, funding: paid 7d − costs−$183as in the Funding arb table
Net, price: spread back to 7d avg − costs−$176as in the Price arb table
costs, in and out, $10k−$1831.834% of the position
Funding, last 7 days+0.003%$0 on $10k
+Price spread, last 7 days−0.045%−$5 · spread now +0.065%, 7d avg −0.008%
=Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and MEXC is 0.073% dearer against Bybit than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.008%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.003% in total (about 0.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.08 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 | Bybit AIOZUSDT | 0.1375 | −0.8225 | get 0.8225% / 8h | 7h 53m | $1.5M | $14.2M | 20x |
| Short | MEXC AIOZ_USDT | 0.1376 | −0.7917 | pay 0.7917% / 8h | 7h 53m | $3.9M | $815K | 50x |
Bybit AIOZUSDT
MEXC AIOZ_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
- $64.71
- Price spread: +0.065% → −0.008%
- $7.3
- Slippage, 4 orders
- −$168.37
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$111.37
- Costs to cover
- 1.834%
- Break-even
- 19.0 days
Slippage from Bybit: live order book, 4 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, 4 min ago | 6.53 bp | 51.7 bp −$52 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 3 min ago | 8.00 bp | 46.3 bp −$46 | 75.2 bp −$752 | 613.0 bp −$61.3K | doesn't fit |
AIOZ on 3 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit AIOZUSDTlong | −0.8225% | 8h | 0.1375 | long leg | $1.5M | $14.2M | 20x | |
| MEXC AIOZ_USDTshort | −0.7917% | 8h | 0.1376 | +0.065% | $3.9M | $815K | 50x | |
| Variational Omni AIOZ | −0.6120% | 8h | 0.1376 | +0.016% | $9K | $52K | — | as long as short |
Variational Omni AIOZ