Funding you earn now, next payment 08:00 UTC−0.0868%/8h= −95.1% APRnext payment −$4.34 per $10,000 · paid last 24h −0.097%
Price spread now: Bybit against MEXC+0.230%7-day average +0.038% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,262as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,233as in the Price arb table
costs, in and out, $10k−$1,25212.520% of the position
Funding, last 7 days−0.097%−$10 on $10k
+Price spread, last 4 days (all we have)−0.301%−$30 · spread now +0.230%, 7d avg +0.038%
=The price spread pays, funding is against you. Bybit is 0.192% dearer against MEXC than usual: you sell high and buy low (spread +0.230% now, against its 7-day average of +0.038%): +$19 on $10k if it goes back. Holding the pair costs −$26 a day in funding at the current rate, which eats that in about 18 hours. At the pace of the last 7 days (−0.097% in total) that is about 14 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.097% in total (about -5.0% a year). A funding rate is set anew for every payment; at this rate the next one is about −$4.34 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 ASR_USDT | 0.8698 | 0.0970 | pay 0.0485% / 4h | 2h 37m | $642K | $94K | 50x |
| Short | Bybit ASRUSDT | 0.8718 | 0.0102 | get 0.0051% / 4h | 2h 37m | $142K | $81K | 25x |
MEXC ASR_USDT
Bybit ASRUSDTFunding 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
- −$182.34
- Price spread: +0.230% → +0.038%
- $19.2
- Slippage, 4 orders
- −$1,237.03
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$1,415.17
- Costs to cover
- 12.520%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 3 min ago; Bybit: live order book, 57 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 | 2.87 bp | 22.7 bp −$23 | 67.0 bp −$670 | 190.7 bp −$19.1K | doesn't fit |
| Sell Bybit live order book, 57 min ago | 5.13 bp | 417.4 bp −$417 | doesn't fit | doesn't fit | doesn't fit |
ASR 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 ASR_USDT | +0.0100% | 4h | 0.8710 | +0.138% | $29K | $7K | 20x | as long as short |
| KuCoin ASRUSDTM | +0.0100% | 4h | 0.8690 | −0.092% | $188K | $47K | 10x | as long as short |
| Bitget ASRUSDT | +0.0100% | 4h | 0.8690 | −0.092% | $195K | $72K | 10x | as long as short |
| Variational Omni ASR | +0.0100% | 4h | 0.8741 | +0.490% | $4K | $6K | — | as long as short |
| Bybit ASRUSDTshort | +0.0102% | 4h | 0.8718 | +0.230% | $142K | $81K | 25x | |
| BingX ASR-USDT | +0.0952% | 4h | 0.8710 | +0.138% | — | $1.2M | — | as long as short |
| MEXC ASR_USDTlong | +0.0970% | 4h | 0.8698 | long leg | $642K | $94K | 50x | |
| Binance ASRUSDT | +0.0971% | 4h | 0.8702 | +0.046% | $1.9M | $811K | 10x | as long as short |
Gate ASR_USDT
KuCoin ASRUSDTM
Bitget ASRUSDT
Variational Omni ASR
BingX ASR-USDT
Binance ASRUSDT