Funding you earn now, next payment 08:00 UTC−0.0008%/8h= −0.9% APRnext payment −$0.04 per $10,000 · paid last 24h −0.012%
Price spread now: Bybit against MEXC−0.056%7-day average +0.007% · you buy dearer than you sell
Net, funding: paid 7d − costs−$414as in the Funding arb table
Net, price: spread back to 7d avg − costs−$419as in the Price arb table
costs, in and out, $10k−$4124.123% of the position
Funding, last 7 days−0.012%−$1 on $10k
+Price spread, last 4 days (all we have)+0.049%+$5 · spread now −0.056%, 7d avg +0.007%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.063% cheaper against MEXC than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of +0.007%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC ALPINE_USDT | 0.3546 | 0.0108 | pay 0.0054% / 4h | 2h 41m | $169K | $102K | 50x |
| Short | Bybit ALPINEUSDT | 0.3544 | 0.0100 | get 0.0050% / 4h | 2h 41m | $156K | $29K | 25x |
Funding 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
- −$1.68
- Price spread: −0.056% → +0.007%
- −$6.35
- Slippage, 4 orders
- −$397.27
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$420.3
- Costs to cover
- 4.123%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 44 min ago; Bybit: live order book, 53 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, 44 min ago | 2.80 bp | 21.8 bp −$22 | 75.5 bp −$755 | 111.1 bp −$11.1K | 315.2 bp −$157.6K |
| Sell Bybit live order book, 53 min ago | 12.59 bp | 233.9 bp −$234 | doesn't fit | doesn't fit | doesn't fit |
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 ALPINEUSDTshort | +0.0100% | 4h | 0.3544 | −0.056% | $156K | $29K | 25x | |
| Gate ALPINE_USDT | +0.0100% | 8h | 0.3549 | +0.085% | $68K | $19K | 25x | as long as short |
| Variational Omni ALPINE | +0.0100% | 4h | 0.3554 | +0.236% | $5K | $1 | — | as long as short |
| Binance ALPINEUSDT | +0.0104% | 4h | 0.3546 | 0.000% | $1.6M | $753K | 10x | as long as short |
| MEXC ALPINE_USDTlong | +0.0108% | 4h | 0.3546 | long leg | $169K | $102K | 50x | |
| BingX ALPINE-USDT | +0.0126% | 4h | 0.3546 | 0.000% | — | $1.2M | — | as long as short |
| KuCoin ALPINEUSDTM | +0.0506% | 4h | 0.3549 | +0.085% | $231K | $618K | 10x | as long as short |
MEXC ALPINE_USDT
Bybit ALPINEUSDT
Gate ALPINE_USDT
Variational Omni ALPINE
Binance ALPINEUSDT
BingX ALPINE-USDT
KuCoin ALPINEUSDTM