Funding you earn now, next payment 08:00 UTC−0.0771%/8h= −84.4% APRnext payment −$7.71 per $10,000 · paid last 24h −0.090%
Price spread now: Bybit against MEXC−0.098%7-day average −0.025% · you buy dearer than you sell
Net, funding: paid 7d − costs−$39as in the Funding arb table
Net, price: spread back to 7d avg − costs−$34as in the Price arb table
costs, in and out, $10k−$270.266% of the position
Funding, last 7 days−0.127%−$13 on $10k
+Price spread, last 7 days+0.133%+$13 · spread now −0.098%, 7d avg −0.025%
=Both sides work against this trade now: funding costs −$23 a day on $10k at the current rate, and Bybit is 0.073% cheaper against MEXC than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of −0.025%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.127% in total (about -6.6% a year). A funding rate is set anew for every payment; at this rate the next one is about −$7.71 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 | MEXC AMDSTOCK_USDT | 621.80 | 0.0771 | pay 0.0771% / 8h | 6h 26m | $14.2M | $21.3M | 200x |
| Short | Bybit AMDSTOCKUSDT | 621.19 | 0 | get 0.0000% / 8h | 6h 26m | $3.2M | $8.6M | 50x |
MEXC AMDSTOCK_USDT
Bybit AMDSTOCKUSDTFunding 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
- −$161.91
- Price spread: −0.098% → −0.025%
- −$7.34
- Slippage, 4 orders
- −$15.64
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$195.9
- Costs to cover
- 0.266%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 2 min ago; Bybit: 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 MEXC live order book, 2 min ago | 0.16 bp | 0.2 bp $0 | 1.3 bp −$13 | 114.9 bp −$11.5K | 254.2 bp −$127.1K |
| Sell Bybit live order book, 1 min ago | 3.22 bp | 16.1 bp −$16 | 81.6 bp −$816 | doesn't fit | doesn't fit |
AMDSTOCK on 2 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 AMDSTOCKUSDTshort | 0.0000% | 8h | 621.19 | −0.098% | $3.2M | $8.6M | 50x | |
| MEXC AMDSTOCK_USDTlong | +0.0771% | 8h | 621.80 | long leg | $14.2M | $21.3M | 200x |