ALT

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0054%/8h= +6.0% APRnext payment +$0.27 per $10,000 · paid last 24h +0.013%

Price spread now: MEXC against Bybit+0.093%7-day average +0.062% · you sell dearer than you buy

Net, funding: paid 7d − costs−$75as in the Funding arb table

Net, price: spread back to 7d avg − costs−$80as in the Price arb table

costs, in and out, $10k−$830.832% of the position

Long on Bybit Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days+0.082%+$8 on $10k

Price spread, last 4 days (all we have)−0.045%−$5 · spread now +0.093%, 7d avg +0.062%

Together, before fees+0.037%+$4 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and MEXC is 0.032% dearer against Bybit than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.062%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit ALTUSDT	0.007492	0.0046	pay 0.0023% / 4h	1h 21m	$1.2M	$1.6M	25x
Short	MEXC ALT_USDT	0.007499	0.0100	get 0.0050% / 4h	1h 21m	$388K	$190K	50x

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

click an exchange to add or hide it

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 +0.093%Rate

Funding earned: $11.42
Price spread: +0.093% → +0.062%: $3.19
Slippage, 4 orders: −$68.19
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$68.57
Costs to cover: 0.832%
Break-even: 49.0 days

Slippage from Bybit: live order book, 5 min ago; MEXC: live order book, 52 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, 5 min ago	2.01 bp	36.7 bp −$37	145.7 bp −$1,457	doesn't fit	doesn't fit
Sell MEXC live order book, 52 min ago	0.67 bp	10.7 bp −$11	53.8 bp −$538	260.7 bp −$26.1K	468.5 bp −$234.2K

ALT on 14 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
Variational Omni ALT	−0.0191%	4h	0.007483	−0.126%	$4K	$12K	—	as long as short
Deribit ALT_USDC-PERPETUAL	0.0000%	1h	0.007495	+0.040%	—	$0	25x	as long as short
Injective ALT/USDC PERP	+0.0033%	1h	0.007381	−1.482%	$815	$4K	5.5x	as long as short
Bybit ALTUSDTlong	+0.0046%	4h	0.007492	long leg	$1.2M	$1.6M	25x
BloFin ALT-USDT	+0.0099%	4h	0.007493	+0.013%	$172K	$9K	50x	as long as short
Hyperliquid ALT	+0.0100%	1h	0.007492	0.000%	$1.1M	$185K	3x	as long as short
Binance ALTUSDT	+0.0100%	4h	0.007498	+0.084%	$2.6M	$3.5M	50x	as long as short
Gate ALT_USDT	+0.0100%	8h	0.007486	−0.080%	$50K	$416K	25x	as long as short
MEXC ALT_USDTshort	+0.0100%	4h	0.007499	+0.093%	$388K	$190K	50x
KuCoin ALTUSDTM	+0.0100%	4h	0.007495	+0.040%	$149K	$21K	30x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget ALTUSDT	+0.0100%	4h	0.007484	−0.107%	$615K	$100K	50x	as long as short
BingX ALT-USDT	+0.0100%	4h	0.007493	+0.013%	—	$1.3M	—	as long as short
Kraken Futures PF_ALTUSD	+0.0348%	1h	0.007500	+0.107%	$44K	$8K	10x	as long as short
Coinbase International ALT-PERP-INTX	+0.0448%	1h	0.007518	+0.347%	$14K	$3K	50x	as long as short