Funding you earn now, next payment 00:00 UTC+0.1874%/8h= +205.3% APRnext payment +$9.37 per $10,000 · paid last 24h +0.567%
Price spread now: Bybit against MEXC−0.789%7-day average −0.076% · you buy dearer than you sell
Net, funding: paid 7d − costs−$28as in the Funding arb table
Net, price: spread back to 7d avg − costs−$165as in the Price arb table
costs, in and out, $10k−$940.940% of the position
Funding, last 7 days+0.661%+$66 on $10k
+Price spread, last 4 days (all we have)+0.932%+$93 · spread now −0.789%, 7d avg −0.076%
=Funding pays, the price is against you. Bybit is 0.713% cheaper against MEXC than usual: you would sell low and buy high (spread −0.789% now, against its 7-day average of −0.076%). If the spread goes back, that is −$71 on $10k: about 30 hours of funding at the current rate (+$56 a day). At the pace of the last 7 days (+0.661% in total) that is about 7.6 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.661% in total (about 34.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$9.37 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC ARK_USDT | 0.1546 | 0.0100 | pay 0.0050% / 4h | 31m 08s | $506K | $162K | 20x |
| Short | Bybit ARKUSDT | 0.1534 | 0.1974 | get 0.0987% / 4h | 31m 08s | $1.3M | $1.0M | 25x |
MEXC ARK_USDT
Bybit ARKUSDTFunding 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
- $393.63
- Price spread: −0.789% → −0.076%
- −$71.33
- Slippage, 4 orders
- −$79.03
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- $228.27
- Costs to cover
- 0.940%
- Break-even
- 2.9 days
Slippage from MEXC: live order book, 38 min ago; Bybit: live order book, 5 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, 38 min ago | 3.24 bp | 14.6 bp −$15 | 44.4 bp −$444 | 215.0 bp −$21.5K | 399.4 bp −$199.7K |
| Sell Bybit live order book, 5 min ago | 3.91 bp | 31.9 bp −$32 | 288.5 bp −$2,885 | doesn't fit | doesn't fit |
ARK on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate ARK_USDT | −0.0623% | 8h | 0.1543 | −0.194% | $194K | $124K | 25x | as long as short |
| KuCoin ARKUSDTM | −0.0134% | 4h | 0.1542 | −0.259% | $780K | $37K | 30x | as long as short |
| Binance ARKUSDT | +0.0100% | 4h | 0.1546 | 0.000% | $3.4M | $3.8M | 40x | as long as short |
| MEXC ARK_USDTlong | +0.0100% | 4h | 0.1546 | long leg | $506K | $162K | 20x | |
| Bitget ARKUSDT | +0.0100% | 4h | 0.1544 | −0.129% | $399K | $287K | 25x | as long as short |
| BingX ARK-USDT | +0.1918% | 4h | 0.1542 | −0.259% | — | $2.4M | — | as long as short |
| Bybit ARKUSDTshort | +0.1974% | 4h | 0.1534 | −0.789% | $1.3M | $1.0M | 25x | |
| Variational Omni ARK | +0.2510% | 4h | 0.1533 | −0.830% | $19K | $16K | — | as long as short |
Gate ARK_USDT
KuCoin ARKUSDTM
Binance ARKUSDT
Bitget ARKUSDT
BingX ARK-USDT
Variational Omni ARK