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: Bybit against MEXC+0.014%7-day average −0.034% · you sell dearer than you buy
Net, funding: paid 7d − costs−$426as in the Funding arb table
Net, price: spread back to 7d avg − costs−$424as 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)−0.004%$0 · spread now +0.014%, 7d avg −0.034%
Together, before fees+0.023%+$2 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: Bybit is 0.048% dearer against MEXC than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of −0.034%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC APR_USDT0.14630.0100pay 0.0050% / 4h26m 51s$356K$177K50x
ShortBybit APRUSDT0.14630.0100get 0.0050% / 4h26m 51s$1.4M$640K20x

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 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: +0.014% → −0.034%
$4.77
Slippage, 4 orders
−$410.14
Fee MEXC: 4 bp × 2 orders
−$8
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$424.37
Costs to cover
4.291%
Break-even
never at this rate
Slippage from MEXC: live order book, 13 min ago; Bybit: live order book, 4 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 MEXC live order book, 13 min ago3.41 bp14.2 bp −$1471.1 bp −$711275.3 bp −$27.5K784.9 bp −$392.4K
Sell Bybit live order book, 4 min ago10.20 bp144.5 bp −$144doesn't fitdoesn't fitdoesn't fit

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+0.137%$286K$110K50xas long as short
Binance APRUSDT+0.0100%4h0.1462−0.068%$6.7M$5.1M50xas long as short
Bybit APRUSDTshort+0.0100%4h0.1463+0.014%$1.4M$640K20x
MEXC APR_USDTlong+0.0100%4h0.1463long leg$356K$177K50x
SunX APR-USDT+0.0100%4h0.1464+0.034%$1K$1.1M20xas long as short
HTX APR-USDT+0.0100%4h0.1468+0.342%$19K$58K20xas long as short
Bitget APRUSDT+0.0104%4h0.1463+0.027%$3.9M$961K50xas long as short
OKX APR-USDT-SWAP+0.0327%4h0.1464+0.068%$1.3M$2.5M20xas long as short
BingX APR-USDT+0.0327%4h0.1462−0.068%$1.4Mas long as short
Gate APR_USDT+0.0400%4h0.1463+0.014%$699K$186K25xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster APRUSDT+0.0823%4h0.1463+0.022%$71K$80K5xas long as short
KuCoin APRUSDTM+0.0852%4h0.1464+0.089%$2.3M$333K50xas long as short