Funding you earn now, next payment 12:00 UTC+0.0242%/8h= +26.5% APRnext payment +$1.21 per $10,000 · paid last 24h +0.127%
Price spread now: MEXC against Bybit−0.162%7-day average −0.042% · you buy dearer than you sell
Net, funding: paid 7d − costs−$988as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,012as in the Price arb table
costs, in and out, $10k−$1,00010.003% of the position
Funding, last 7 days+0.127%+$13 on $10k
+Price spread, last 4 days (all we have)+0.224%+$22 · spread now −0.162%, 7d avg −0.042%
=Funding pays, the price is against you. MEXC is 0.120% cheaper against Bybit than usual: you would sell low and buy high (spread −0.162% now, against its 7-day average of −0.042%). If the spread goes back, that is −$12 on $10k: about 40 hours of funding at the current rate (+$7 a day). At the pace of the last 7 days (+0.127% in total) that is about 6.6 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.127% in total (about 6.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.21 per $10,000. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit ASRUSDT | 0.8665 | 0.0100 | pay 0.0050% / 4h | 1h 30m | $141K | $76K | 25x |
| Short | MEXC ASR_USDT | 0.8651 | 0.0342 | get 0.0171% / 4h | 1h 30m | $633K | $94K | 50x |
Bybit ASRUSDT
MEXC ASR_USDTFunding 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
- $50.82
- Price spread: −0.162% → −0.042%
- −$11.96
- Slippage, 4 orders
- −$985.3
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$961.44
- Costs to cover
- 10.003%
- Break-even
- 139.4 days
Slippage from Bybit: live order book, 6 min ago; MEXC: live order book, 8 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, 6 min ago | 4.03 bp | 608.9 bp −$609 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 8 min ago | 1.73 bp | 14.6 bp −$15 | 69.2 bp −$692 | 218.2 bp −$21.8K | doesn't fit |
ASR on 8 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit ASRUSDTlong | +0.0100% | 4h | 0.8665 | long leg | $141K | $76K | 25x | |
| Gate ASR_USDT | +0.0100% | 4h | 0.8660 | −0.058% | $29K | $4K | 20x | as long as short |
| KuCoin ASRUSDTM | +0.0100% | 4h | 0.8670 | +0.058% | $189K | $35K | 10x | as long as short |
| Bitget ASRUSDT | +0.0100% | 4h | 0.8650 | −0.173% | $195K | $39K | 10x | as long as short |
| Variational Omni ASR | +0.0100% | 4h | 0.8661 | −0.047% | $4K | $5K | — | as long as short |
| MEXC ASR_USDTshort | +0.0342% | 4h | 0.8651 | −0.162% | $633K | $94K | 50x | |
| Binance ASRUSDT | +0.0342% | 4h | 0.8652 | −0.155% | $1.9M | $738K | 10x | as long as short |
| BingX ASR-USDT | +0.0360% | 4h | 0.8660 | −0.058% | — | $1.3M | — | as long as short |
Gate ASR_USDT
KuCoin ASRUSDTM
Bitget ASRUSDT
Variational Omni ASR
Binance ASRUSDT
BingX ASR-USDT