Funding you earn now, next payment 04:00 UTC+0.0781%/8h= +85.5% APRpaid last 24h +0.045%
Price spread now: Bybit against MEXC+0.257%7-day average +0.142% · you sell dearer than you buy
Net, funding: paid 7d − costs−$193as in the Funding arb table
Net, price: spread back to 7d avg − costs−$185as in the Price arb table
costs, in and out, $10k−$1971.968% of the position
Funding, last 7 days+0.037%+$4 on $10k
+Price spread, last 4 days (all we have)−0.602%−$60 · spread now +0.257%, 7d avg +0.142%
=Both sides work for this trade now. Funding pays +$23 a day on $10k at the current rate, and Bybit is 0.115% dearer against MEXC than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of +0.142%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.037% in total (about 1.9% a year). A funding rate is set anew for every payment. 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 ALICE_USDT | 0.1440 | 0.0100 | pay 0.0050% / 4h | 1h 14m | $531K | $114K | 50x |
| Short | Bybit ALICEUSDT | 0.1444 | 0.0881 | get 0.0881% / 8h | 5h 14m | $642K | $175K | 25x |
MEXC ALICE_USDT
Bybit ALICEUSDTFunding 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
- $163.91
- Price spread: +0.257% → +0.142%
- $11.52
- Slippage, 4 orders
- −$181.81
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$21.38
- Costs to cover
- 1.968%
- Break-even
- 7.9 days
Slippage from MEXC: live order book, 40 min ago; Bybit: live order book, 41 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, 40 min ago | 3.48 bp | 6.2 bp −$6 | 37.9 bp −$379 | 552.3 bp −$55.2K | doesn't fit |
| Sell Bybit live order book, 41 min ago | 5.20 bp | 114.6 bp −$115 | doesn't fit | doesn't fit | doesn't fit |
ALICE 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster ALICEUSDT | +0.0100% | 4h | 0.1442 | +0.135% | $9K | $537 | 5x | as long as short |
| Binance ALICEUSDT | +0.0100% | 4h | 0.1440 | +0.009% | $2.3M | $2.5M | 50x | as long as short |
| MEXC ALICE_USDTlong | +0.0100% | 4h | 0.1440 | long leg | $531K | $114K | 50x | |
| KuCoin ALICEUSDTM | +0.0100% | 4h | 0.1443 | +0.208% | $418K | $47K | 30x | as long as short |
| Bitget ALICEUSDT | +0.0100% | 4h | 0.1441 | +0.069% | $991K | $114K | 50x | as long as short |
| BingX ALICE-USDT | +0.0100% | 4h | 0.1442 | +0.139% | — | $1.3M | — | as long as short |
| BloFin ALICE-USDT | +0.0117% | 4h | 0.1445 | +0.347% | $160K | $13K | 50x | as long as short |
| Variational Omni ALICE | +0.0253% | 8h | 0.1446 | +0.421% | $475 | $478 | — | as long as short |
| Gate ALICE_USDT | +0.0836% | 8h | 0.1443 | +0.208% | $90K | $89K | 25x | as long as short |
| Bybit ALICEUSDTshort | +0.0881% | 8h | 0.1444 | +0.257% | $642K | $175K | 25x |
Aster ALICEUSDT
Binance ALICEUSDT
KuCoin ALICEUSDTM
Bitget ALICEUSDT
BingX ALICE-USDT
BloFin ALICE-USDT
Variational Omni ALICE
Gate ALICE_USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ALICEUSD | +0.2081% | 1h | 0.1443 | +0.215% | $33K | $4K | 10x | as long as short |
Kraken Futures PF_ALICEUSD