Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.019%
Price spread now: Bybit against MEXC0.000%7-day average +0.050% · you sell dearer than you buy
Net, funding: paid 7d − costs−$162as in the Funding arb table
Net, price: spread back to 7d avg − costs−$166as in the Price arb table
costs, in and out, $10k−$1611.607% of the position
Funding, last 7 days−0.009%−$1 on $10k
+Price spread, last 4 days (all we have)+0.042%+$4 · spread now 0.000%, 7d avg +0.050%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.050% cheaper against MEXC than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.050%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC ANIME_USDT | 0.003360 | 0.0100 | pay 0.0050% / 4h | 2h 05m | $212K | $90K | 20x |
| Short | Bybit ANIMEUSDT | 0.003360 | 0.0100 | get 0.0050% / 4h | 2h 05m | $702K | $291K | 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
- $0
- Price spread: 0.000% → +0.050%
- −$4.98
- Slippage, 4 orders
- −$145.67
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$165.65
- Costs to cover
- 1.607%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 44 min ago; Bybit: live order book, 59 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 | 1.50 bp | 8.9 bp −$9 | 62.5 bp −$625 | 260.1 bp −$26.0K | 574.3 bp −$287.2K |
| Sell Bybit live order book, 59 min ago | 2.96 bp | 73.1 bp −$73 | 186.2 bp −$1,862 | doesn't fit | doesn't fit |
ANIME on 13 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ANIMEUSD | −0.0685% | 1h | 0.003363 | +0.100% | $33K | $1K | 10x | as long as short |
| KuCoin ANIMEUSDTM | +0.0086% | 4h | 0.003359 | −0.030% | $433K | $61K | 20x | as long as short |
| Hyperliquid ANIME | +0.0100% | 1h | 0.003360 | 0.000% | $294K | $109K | 3x | as long as short |
| Aster ANIMEUSDT | +0.0100% | 4h | 0.003362 | +0.067% | $27K | $3K | 5x | as long as short |
| Binance ANIMEUSDT | +0.0100% | 4h | 0.003362 | +0.060% | $1.3M | $1.8M | 20x | as long as short |
| Bybit ANIMEUSDTshort | +0.0100% | 4h | 0.003360 | 0.000% | $702K | $291K | 25x | |
| OKX ANIME-USDT-SWAP | +0.0100% | 4h | 0.003360 | 0.000% | $432K | $554K | 20x | as long as short |
| Gate ANIME_USDT | +0.0100% | 4h | 0.003357 | −0.089% | $141K | $73K | 25x | as long as short |
| MEXC ANIME_USDTlong | +0.0100% | 4h | 0.003360 | long leg | $212K | $90K | 20x | |
| Bitget ANIMEUSDT | +0.0100% | 4h | 0.003359 | −0.030% | $850K | $173K | 10x | as long as short |
Show all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX ANIME-USDT | +0.0100% | 4h | 0.003360 | 0.000% | — | $6.5M | — | as long as short |
| Variational Omni ANIME | +0.0100% | 4h | 0.003360 | +0.012% | $11K | $553 | — | as long as short |
| GMX ANIME/USD [ANIME-USDC] | L +0.0497% / S −0.2017% | 1h | 0.003363 | +0.089% | $822 | — | 100x | as long as short |
MEXC ANIME_USDT
Bybit ANIMEUSDT
Kraken Futures PF_ANIMEUSD
KuCoin ANIMEUSDTM
Hyperliquid ANIME
Aster ANIMEUSDT
Binance ANIMEUSDT
OKX ANIME-USDT-SWAP
Gate ANIME_USDT
Bitget ANIMEUSDT
BingX ANIME-USDT
Variational Omni ANIME
GMX ANIME/USD [ANIME-USDC]