Funding you earn now, next payment 00:00 UTC−0.0137%/8h= −15.0% APRnext payment −$1.37 per $10,000 · paid last 24h +0.033%
Price spread now: Bybit against MEXC+0.054%7-day average −0.016% · you sell dearer than you buy
Net, funding: paid 7d − costs−$16as in the Funding arb table
Net, price: spread back to 7d avg − costs−$19as in the Price arb table
costs, in and out, $10k−$260.258% of the position
Funding, last 7 days+0.095%+$9 on $10k
+Price spread, last 7 days−0.065%−$6 · spread now +0.054%, 7d avg −0.016%
=The price spread pays, funding is against you. Bybit is 0.069% dearer against MEXC than usual: you sell high and buy low (spread +0.054% now, against its 7-day average of −0.016%): +$7 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 41 hours. Mind the row above: over the last 7 days funding on this pair paid +0.095%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC ARB_USDT | 0.2231 | −0.0074 | get 0.0074% / 8h | 2h 36m | $37.5M | $63.4M | 200x |
| Short | Bybit ARBUSDT | 0.2232 | −0.0211 | pay 0.0211% / 8h | 2h 36m | $56.5M | $136.3M | 50x |
MEXC ARB_USDT
Bybit ARBUSDTFunding 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
- −$28.82
- Price spread: +0.054% → −0.016%
- $6.95
- Slippage, 4 orders
- −$14.83
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$47.7
- Costs to cover
- 0.258%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 3 min ago; Bybit: live order book, 3 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, 3 min ago | 0.45 bp | 2.0 bp −$2 | 24.0 bp −$240 | 42.1 bp −$4,206 | 64.5 bp −$32.2K |
| Sell Bybit live order book, 3 min ago | 0.22 bp | 10.3 bp −$10 | 22.6 bp −$226 | 56.2 bp −$5,618 | doesn't fit |
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 | −0.1675% | 1h | 0.2227 | −0.170% | $40K | $107K | 12x | as long as short |
| 01 Exchange ARBUSD | −0.0312% | 1h | 0.2231 | +0.022% | $7K | $2K | 10x | as long as short |
| Bybit ARBUSDTshort | −0.0211% | 8h | 0.2232 | +0.054% | $56.5M | $136.3M | 50x | |
| Variational Omni ARB | −0.0184% | 8h | 0.2232 | +0.061% | $1.9M | $2.8M | — | as long as short |
| Deribit ARB_USDC-PERPETUAL | −0.0152% | 1h | 0.2235 | +0.211% | $37K | $18K | 25x | as long as short |
| MEXC ARB_USDTlong | −0.0074% | 8h | 0.2231 | long leg | $37.5M | $63.4M | 200x | |
| OKX ARB-USDT-SWAP | −0.0073% | 8h | 0.2232 | +0.054% | $22.2M | $165.6M | 50x | as long as short |
| SoDEX ARB-USD | −0.0065% | 1h | 0.2234 | +0.134% | $4K | $2.9M | 5x | as long as short |
| Kraken Futures PF_ARBUSD | −0.0053% | 1h | 0.2234 | +0.155% | $1.1M | $5.3M | 50x | as long as short |
| Orderly PERP_ARB_USDC | −0.0012% | 8h | 0.2233 | +0.099% | $10K | $387K | 10x | as long as short |
Injective ARB/USDC PERP
01 Exchange ARBUSD
Variational Omni ARB
Deribit ARB_USDC-PERPETUAL
OKX ARB-USDT-SWAP
SoDEX ARB-USD
Kraken Futures PF_ARBUSD
Orderly PERP_ARB_USDCShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps ARB-USD | −0.0007% | 1h | 0.2231 | +0.022% | $77K | $2.3M | 10x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2233 | +0.078% | $66K | $4K | 10x | as long as short |
| Gate ARB_USDT | +0.0004% | 8h | 0.2233 | +0.099% | $5.5M | $21.5M | 60x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0005% | 1h | 0.2234 | +0.125% | $55K | — | 150x | as long as short |
| Extended ARB-USD | +0.0008% | 1h | 0.2230 | −0.050% | $355K | $2.5M | 25x | as long as short |
| Binance ARBUSDT | +0.0009% | 8h | 0.2233 | +0.085% | $63.5M | $326.3M | 75x | as long as short |
| BloFin ARB-USDT | +0.0031% | 8h | 0.2235 | +0.170% | $3.0M | $3.3M | 75x | as long as short |
| Aevo ARB-PERP | +0.0080% | 1h | 0.2236 | +0.233% | $146K | $12K | 3x | as long as short |
| Bitget ARBUSDT | +0.0084% | 8h | 0.2231 | +0.009% | $20.9M | $38.8M | 50x | as long as short |
| BingX ARB-USDT | +0.0084% | 8h | 0.2232 | +0.072% | — | $54.0M | — | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2231 | +0.031% | $1.3M | $7.7M | 15x | as long as short |
| ApeX Omni ARBUSDT | +0.0097% | 1h | 0.2230 | −0.036% | $121K | $297K | 50x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2234 | +0.139% | $40.0M | $53.1M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2232 | +0.068% | $694K | $1.8M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2232 | +0.042% | $46K | $205K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2233 | +0.085% | $20.6M | $17.1M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2233 | +0.085% | $38K | $449K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2231 | −0.003% | $478K | $4.1M | 10x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2238 | +0.323% | $1K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2234 | +0.152% | $275K | $1.2M | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2236 | +0.233% | $5.4M | $13.8M | 50x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0276% / S −0.0168% | 1h | 0.2234 | +0.127% | $818K | — | 150x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0288% | 1h | 0.2239 | +0.368% | $507K | $2.5M | 50x | as long as short |
| Reya ARBRUSDPERP | +0.0291% | 1h | 0.2231 | −0.007% | $2K | $695 | 20x | as long as short |
| Backpack ARB_USDC_PERP | +0.0545% | 1h | 0.2238 | +0.327% | $1.1M | $2.8M | 20x | as long as short |
| RISEx ARB/USDC | +0.0546% | 1h | 0.2233 | +0.086% | $491K | $2.9M | 10x | as long as short |
Polymarket Perps ARB-USD
dYdX ARB-USD
Gate ARB_USDT
gTrade (Gains Network) ARB/USD
Extended ARB-USD
Binance ARBUSDT
BloFin ARB-USDT
Aevo ARB-PERP
Bitget ARBUSDT
BingX ARB-USDT
Lighter ARB
ApeX Omni ARBUSDT
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
KuCoin ARBUSDTM
edgeX ARBUSDC
GRVT ARB_USDT_Perp
SunX ARB-USDT
HTX ARB-USDT
Phemex ARBUSDT
GMX ARB/USD [ARB-USDC]
Coinbase International ARB-PERP-INTX
Reya ARBRUSDPERP
Backpack ARB_USDC_PERP
RISEx ARB/USDC