Funding you earn now, next payment 04:00 UTC+0.0300%/8h= +32.9% APRnext payment +$1.50 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against MEXC+0.150%7-day average +0.072% · you sell dearer than you buy
Net, funding: paid 7d − costs−$491as in the Funding arb table
Net, price: spread back to 7d avg − costs−$486as in the Price arb table
costs, in and out, $10k−$4944.935% of the position
Funding, last 7 days+0.028%+$3 on $10k
+Price spread, last 4 days (all we have)+0.030%+$3 · spread now +0.150%, 7d avg +0.072%
=Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and Bybit is 0.078% dearer against MEXC than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of +0.072%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.028% in total (about 1.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.50 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 AT_USDT | 0.1599 | 0.0100 | pay 0.0050% / 4h | 2h 06m | $198K | $163K | 50x |
| Short | Bybit ATUSDT | 0.1601 | 0.0400 | get 0.0200% / 4h | 2h 06m | $548K | $879K | 25x |
MEXC AT_USDT
Bybit ATUSDTFunding 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
- $63.07
- Price spread: +0.150% → +0.072%
- $7.8
- Slippage, 4 orders
- −$478.51
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$422.64
- Costs to cover
- 4.935%
- Break-even
- 53.9 days
Slippage from MEXC: live order book, 34 min ago; Bybit: live order book, 58 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, 34 min ago | 3.18 bp | 15.3 bp −$15 | 78.3 bp −$783 | 354.4 bp −$35.4K | doesn't fit |
| Sell Bybit live order book, 58 min ago | 7.64 bp | 230.8 bp −$231 | doesn't fit | doesn't fit | doesn't fit |
AT on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster ATUSDT | +0.0100% | 4h | 0.1599 | +0.020% | $33K | $12K | 5x | as long as short |
| Binance ATUSDT | +0.0100% | 4h | 0.1597 | −0.125% | $8.8M | $3.3M | 50x | as long as short |
| Gate AT_USDT | +0.0100% | 4h | 0.1596 | −0.175% | $156K | $188K | 20x | as long as short |
| MEXC AT_USDTlong | +0.0100% | 4h | 0.1599 | long leg | $198K | $163K | 50x | |
| KuCoin ATUSDTM | +0.0100% | 4h | 0.1596 | −0.188% | $259K | $140K | 50x | as long as short |
| Bitget ATUSDT | +0.0100% | 4h | 0.1599 | 0.000% | $716K | $138K | 50x | as long as short |
| BingX AT-USDT | +0.0251% | 4h | 0.1601 | +0.125% | — | $6.5M | — | as long as short |
| OKX AT-USDT-SWAP | +0.0264% | 4h | 0.1600 | +0.063% | $223K | $510K | 20x | as long as short |
| Bybit ATUSDTshort | +0.0400% | 4h | 0.1601 | +0.150% | $548K | $879K | 25x |
Aster ATUSDT
Binance ATUSDT
Gate AT_USDT
KuCoin ATUSDTM
Bitget ATUSDT
BingX AT-USDT
OKX AT-USDT-SWAP