ALCH

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0724%/8h= +79.3% APRnext payment +$3.62 per $10,000 · paid last 24h +0.294%

Price spread now: MEXC against Bybit0.000%7-day average +0.131% · you sell dearer than you buy

Net, funding: paid 7d − costs−$167as in the Funding arb table

Net, price: spread back to 7d avg − costs−$225as in the Price arb table

costs, in and out, $10k−$2122.118% of the position

Long on Bybit Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days+0.447%+$45 on $10k

Price spread, last 7 days+0.055%+$6 · spread now 0.000%, 7d avg +0.131%

Together, before fees+0.502%+$50 on $10k · with fees, hour by hour

Funding pays, the price is against you. MEXC is 0.131% cheaper against Bybit than usual: you would sell low and buy high (spread 0.000% now, against its 7-day average of +0.131%). If the spread goes back, that is −$13 on $10k: about 14 hours of funding at the current rate (+$22 a day). At the pace of the last 7 days (+0.447% in total) that is about 2.0 days.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.447% in total (about 23.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.62 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 ALCHUSDT	0.05077	0.0100	pay 0.0050% / 4h	3h 56m	$3.0M	$6.2M	20x
Short	MEXC ALCH_USDT	0.05077	0.0824	get 0.0412% / 4h	3h 56m	$4.9M	$2.4M	100x

Funding 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

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latest

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

Profit calculator

Position, each leg$Hold fordaysFee BybitbpFee MEXCbpOrdersPrice spread, now 0.000%Rate

Funding earned: $152.04
Price spread: 0.000% → +0.131%: −$13.06
Slippage, 4 orders: −$196.77
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$72.8
Costs to cover: 2.118%
Break-even: 10.4 days

Slippage from Bybit: live order book, 2 min ago; MEXC: live order book, 1 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	4.93 bp	80.5 bp −$80	495.0 bp −$4,950	doesn't fit	doesn't fit
Sell MEXC live order book, 1 min ago	9.85 bp	23.8 bp −$24	106.2 bp −$1,062	156.7 bp −$15.7K	433.4 bp −$216.7K

ALCH on 11 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 ALCHUSDTlong	+0.0100%	4h	0.05077	long leg	$3.0M	$6.2M	20x
Gate ALCH_USDT	+0.0100%	4h	0.05080	+0.059%	$290K	$690K	20x	as long as short
Bitget ALCHUSDT	+0.0100%	4h	0.05071	−0.118%	$894K	$1.8M	10x	as long as short
Variational Omni ALCH	+0.0100%	4h	0.05080	+0.061%	$3K	$17K	—	as long as short
Aster ALCHUSDT	+0.0755%	4h	0.05083	+0.118%	$12K	$109K	5x	as long as short
BingX ALCH-USDT	+0.0790%	4h	0.05081	+0.079%	—	$6.7M	—	as long as short
BloFin ALCH-USDT	+0.0809%	4h	0.05072	−0.098%	$395K	$113K	10x	as long as short
Binance ALCHUSDT	+0.0821%	4h	0.05085	+0.158%	$6.0M	$27.6M	10x	as long as short
MEXC ALCH_USDTshort	+0.0824%	4h	0.05077	0.000%	$4.9M	$2.4M	100x
KuCoin ALCHUSDTM	+0.1370%	4h	0.05069	−0.158%	$1.2M	$272K	10x	as long as short

Show all 11 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Kraken Futures PF_ALCHUSD	+0.3090%	1h	0.05075	−0.039%	$12K	$34K	10x	as long as short