Funding you earn now, next payment 04:00 UTC+0.0312%/8h= +34.2% APRnext payment +$1.56 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against Bybit−0.056%7-day average −0.005% · you buy dearer than you sell
Net, funding: paid 7d − costs−$442as in the Funding arb table
Net, price: spread back to 7d avg − costs−$447as in the Price arb table
costs, in and out, $10k−$4424.419% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)+0.007%+$1 · spread now −0.056%, 7d avg −0.005%
=Funding pays, the price is against you. MEXC is 0.051% cheaper against Bybit than usual: you would sell low and buy high (spread −0.056% now, against its 7-day average of −0.005%). If the spread goes back, that is −$5 on $10k: about 13 hours of funding at the current rate (+$9 a day).
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.000% in total (about 0.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.56 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 ALPINEUSDT | 0.3558 | 0.0100 | pay 0.0050% / 4h | 2h 05m | $157K | $29K | 25x |
| Short | MEXC ALPINE_USDT | 0.3556 | 0.0412 | get 0.0206% / 4h | 2h 05m | $171K | $103K | 50x |
Bybit ALPINEUSDT
MEXC ALPINE_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
- $65.52
- Price spread: −0.056% → −0.005%
- −$5.14
- Slippage, 4 orders
- −$426.94
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$381.56
- Costs to cover
- 4.419%
- Break-even
- 47.8 days
Slippage from Bybit: live order book, 44 min ago; MEXC: live order book, 35 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, 44 min ago | 14.08 bp | 145.8 bp −$146 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 35 min ago | 1.41 bp | 25.7 bp −$26 | 77.2 bp −$772 | 113.2 bp −$11.3K | 329.8 bp −$164.9K |
ALPINE 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit ALPINEUSDTlong | +0.0100% | 4h | 0.3558 | long leg | $157K | $29K | 25x | |
| Variational Omni ALPINE | +0.0100% | 4h | 0.3559 | +0.039% | $5K | $1 | — | as long as short |
| BingX ALPINE-USDT | +0.0398% | 4h | 0.3559 | +0.028% | — | $1.2M | — | as long as short |
| MEXC ALPINE_USDTshort | +0.0412% | 4h | 0.3556 | −0.056% | $171K | $103K | 50x | |
| Gate ALPINE_USDT | +0.0418% | 8h | 0.3560 | +0.056% | $69K | $20K | 25x | as long as short |
| Binance ALPINEUSDT | +0.0419% | 4h | 0.3558 | +0.010% | $1.6M | $770K | 10x | as long as short |
| KuCoin ALPINEUSDTM | +0.0836% | 4h | 0.3556 | −0.056% | $232K | $537K | 10x | as long as short |
Variational Omni ALPINE
BingX ALPINE-USDT
Gate ALPINE_USDT
Binance ALPINEUSDT
KuCoin ALPINEUSDTM