Funding you earn now, next payment 08:00 UTC+0.0020%/8h= +2.2% APRnext payment +$0.20 per $10,000 · paid last 24h −0.017%
Price spread now: MEXC against Bybit+0.050%7-day average +0.017% · you sell dearer than you buy
Net, funding: paid 7d − costs−$32as in the Funding arb table
Net, price: spread back to 7d avg − costs−$20as in the Price arb table
costs, in and out, $10k−$230.234% of the position
Funding, last 7 days−0.085%−$8 on $10k
+Price spread, last 7 days−0.031%−$3 · spread now +0.050%, 7d avg +0.017%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and MEXC is 0.033% dearer against Bybit than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.017%. Mind the row above: over the last 7 days funding on this pair cost −0.085%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit ARBUSDT | 0.2197 | −0.0077 | get 0.0077% / 8h | 2h 19m | $54.9M | $124.2M | 50x |
| Short | MEXC ARB_USDT | 0.2198 | −0.0057 | pay 0.0057% / 8h | 2h 19m | $41.7M | $61.4M | 200x |
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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $4.22
- Price spread: +0.050% → +0.017%
- $3.35
- Slippage, 4 orders
- −$12.36
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$15.79
- Costs to cover
- 0.234%
- Break-even
- 33.2 days
Slippage from Bybit: live order book, 4 min ago; MEXC: live order book, 4 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, 4 min ago | 0.23 bp | 8.8 bp −$9 | 19.5 bp −$195 | 49.1 bp −$4,908 | doesn't fit |
| Sell MEXC live order book, 4 min ago | 0.23 bp | 0.9 bp −$1 | 20.0 bp −$200 | 42.5 bp −$4,254 | 68.8 bp −$34.4K |
ARB on 36 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective ARB/USDC PERP | −0.1581% | 1h | 0.2176 | −0.956% | $39K | $372K | 12x | as long as short |
| 01 Exchange ARBUSD | −0.0168% | 1h | 0.2194 | −0.123% | $7K | $236 | 10x | as long as short |
| Variational Omni ARB | −0.0098% | 8h | 0.2185 | −0.557% | $1.8M | $3.0M | — | as long as short |
| Polymarket Perps ARB-USD | −0.0088% | 1h | 0.2195 | −0.114% | $78K | $2.1M | 10x | as long as short |
| Bybit ARBUSDTlong | −0.0077% | 8h | 0.2197 | long leg | $54.9M | $124.2M | 50x | |
| Kraken Futures PF_ARBUSD | −0.0074% | 1h | 0.2197 | −0.001% | $1.1M | $4.4M | 50x | as long as short |
| MEXC ARB_USDTshort | −0.0057% | 8h | 0.2198 | +0.050% | $41.7M | $61.4M | 200x | |
| OKX ARB-USDT-SWAP | −0.0056% | 8h | 0.2198 | +0.050% | $21.7M | $144.1M | 50x | as long as short |
| Orderly PERP_ARB_USDC | −0.0048% | 8h | 0.2196 | −0.046% | $12K | $408K | 10x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2198 | +0.056% | $65K | $5K | 10x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit ARB_USDC-PERPETUAL | 0.0000% | 1h | 0.2197 | 0.000% | $23K | $33K | 25x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0009% | 1h | 0.2197 | −0.013% | $44K | — | 150x | as long as short |
| Bitget ARBUSDT | +0.0057% | 8h | 0.2197 | 0.000% | $21.0M | $34.3M | 50x | as long as short |
| Gate ARB_USDT | +0.0078% | 8h | 0.2199 | +0.073% | $5.5M | $18.2M | 60x | as long as short |
| BingX ARB-USDT | +0.0084% | 8h | 0.2198 | +0.050% | — | $53.8M | — | as long as short |
| RISEx ARB/USDC | +0.0086% | 1h | 0.2198 | +0.067% | $446K | $2.6M | 10x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2198 | +0.059% | $1.3M | $5.5M | 15x | as long as short |
| Extended ARB-USD | +0.0096% | 1h | 0.2197 | +0.013% | $349K | $2.8M | 25x | as long as short |
| Binance ARBUSDT | +0.0096% | 8h | 0.2198 | +0.064% | $62.8M | $300.1M | 75x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2199 | +0.091% | $36.9M | $48.8M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2198 | +0.058% | $633K | $1.7M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2198 | +0.066% | $42K | $149K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2199 | +0.086% | $19.6M | $14.4M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2182 | −0.696% | $39K | $463K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2182 | −0.691% | $464K | $3.5M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2182 | −0.683% | $118K | $282K | 50x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2199 | +0.091% | $2K | $1.1M | 30x | as long as short |
| SoDEX ARB-USD | +0.0100% | 1h | 0.2196 | −0.050% | $9K | $2.2M | 5x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2197 | 0.000% | $293K | $884K | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2197 | 0.000% | $4.9M | $12.8M | 50x | as long as short |
| Aevo ARB-PERP | +0.0104% | 1h | 0.2197 | −0.018% | $139K | $7K | 3x | as long as short |
| BloFin ARB-USDT | +0.0210% | 8h | 0.2185 | −0.528% | $3.0M | $2.4M | 75x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0277% / S −0.0159% | 1h | 0.2197 | −0.012% | $831K | — | 150x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0288% | 1h | 0.2198 | +0.046% | $509K | $1.6M | 50x | as long as short |
| Reya ARBRUSDPERP | +0.0289% | 1h | 0.2194 | −0.121% | $2K | $695 | 20x | as long as short |
| Backpack ARB_USDC_PERP | +0.0719% | 1h | 0.2201 | +0.178% | $987K | $2.8M | 20x | as long as short |
Bybit ARBUSDT
MEXC ARB_USDT
Injective ARB/USDC PERP
01 Exchange ARBUSD
Variational Omni ARB
Polymarket Perps ARB-USD
Kraken Futures PF_ARBUSD
OKX ARB-USDT-SWAP
Deribit ARB_USDC-PERPETUAL
gTrade (Gains Network) ARB/USD
Bitget ARBUSDT
Gate ARB_USDT
BingX ARB-USDT
RISEx ARB/USDC
Lighter ARB
Extended ARB-USD
Binance ARBUSDT
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
KuCoin ARBUSDTM
edgeX ARBUSDC
GRVT ARB_USDT_Perp
ApeX Omni ARBUSDT
SunX ARB-USDT
SoDEX ARB-USD
HTX ARB-USDT
Phemex ARBUSDT
BloFin ARB-USDT
GMX ARB/USD [ARB-USDC]
Coinbase International ARB-PERP-INTX
Backpack ARB_USDC_PERP