Settings8H · net · $10k
Funding arb · Price arb /

APR

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.010%
Price spread now: MEXC against Bybit−0.041%7-day average +0.034% · you buy dearer than you sell
Net, funding: paid 7d − costs−$432as in the Funding arb table
Net, price: spread back to 7d avg − costs−$437as in the Price arb table
costs, in and out, $10k−$4294.291% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.027%−$3 on $10k
Price spread, last 4 days (all we have)+0.032%+$3 · spread now −0.041%, 7d avg +0.034%
Together, before fees+0.004%$0 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.075% cheaper against Bybit than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of +0.034%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit APRUSDT0.14630.0100pay 0.0050% / 4h26m 17s$1.4M$640K20x
ShortMEXC APR_USDT0.14620.0100get 0.0050% / 4h26m 17s$356K$177K50x

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

Funding earned
$0
Price spread: −0.041% → +0.034%
−$7.51
Slippage, 4 orders
−$410.14
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee MEXC: 4 bp × 2 orders
−$8
Net
−$436.65
Costs to cover
4.291%
Break-even
never at this rate
Slippage from Bybit: live order book, 5 min ago; MEXC: live order book, 14 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 5 min ago10.20 bp257.2 bp −$2577653.3 bp −$76.5Kdoesn't fitdoesn't fit
Sell MEXC live order book, 14 min ago3.41 bp13.3 bp −$1383.3 bp −$833272.0 bp −$27.2K802.0 bp −$401.0K

APR on 12 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin APR-USDT+0.0081%4h0.1465+0.164%$286K$110K50xas long as short
Binance APRUSDT+0.0100%4h0.1462−0.041%$6.7M$5.1M50xas long as short
Bybit APRUSDTlong+0.0100%4h0.1463long leg$1.4M$640K20x
MEXC APR_USDTshort+0.0100%4h0.1462−0.041%$356K$177K50x
Bitget APRUSDT+0.0100%4h0.1463+0.014%$3.9M$961K50xas long as short
SunX APR-USDT+0.0100%4h0.1463+0.027%$1K$1.1M20xas long as short
HTX APR-USDT+0.0100%4h0.1467+0.301%$19K$58K20xas long as short
OKX APR-USDT-SWAP+0.0321%4h0.1464+0.096%$1.3M$2.5M20xas long as short
BingX APR-USDT+0.0336%4h0.1462−0.041%$1.4Mas long as short
Gate APR_USDT+0.0392%4h0.1463+0.034%$699K$186K25xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster APRUSDT+0.0813%4h0.1463+0.018%$71K$80K5xas long as short
KuCoin APRUSDTM+0.0840%4h0.1464+0.062%$2.3M$333K50xas long as short