Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.016%
Price spread now: Bybit against MEXC−0.144%7-day average −0.166% · you buy dearer than you sell
Net, funding: paid 7d − costs−$105as in the Funding arb table
Net, price: spread back to 7d avg − costs−$99as in the Price arb table
costs, in and out, $10k−$1011.014% of the position
Funding, last 7 days−0.039%−$4 on $10k
+Price spread, last 7 days+0.032%+$3 · spread now −0.144%, 7d avg −0.166%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.021% dearer against MEXC than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of −0.166%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC ATH_USDT | 0.005545 | 0.0100 | pay 0.0050% / 4h | 2h 30m | $8.9M | $607K | 50x |
| Short | Bybit ATHUSDT | 0.005537 | 0.0100 | get 0.0050% / 4h | 2h 30m | $4.4M | $2.4M | 25x |
MEXC ATH_USDT
Bybit ATHUSDTFunding 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
- $0
- Price spread: −0.144% → −0.166%
- $2.13
- Slippage, 4 orders
- −$82.41
- Fee MEXC: 4 bp × 2 orders
- −$8
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$99.28
- Costs to cover
- 1.014%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 2 min ago; Bybit: live order book, 2 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, 2 min ago | 3.61 bp | 15.1 bp −$15 | 52.6 bp −$526 | 176.8 bp −$17.7K | doesn't fit |
| Sell Bybit live order book, 2 min ago | 1.80 bp | 30.7 bp −$31 | 132.0 bp −$1,320 | doesn't fit | doesn't fit |
ATH on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ATHUSD | −0.2720% | 1h | 0.005544 | −0.023% | $19K | $106K | 10x | as long as short |
| Variational Omni ATH | −0.0073% | 4h | 0.005541 | −0.070% | $186K | $93K | — | as long as short |
| dYdX ATH-USD | 0.0000% | 1h | 0.005549 | +0.070% | $11K | $57 | 5x | as long as short |
| Aster ATHUSDT | +0.0100% | 4h | 0.005549 | +0.075% | $5K | $40K | 5x | as long as short |
| Binance ATHUSDT | +0.0100% | 4h | 0.005544 | −0.018% | $3.4M | $4.1M | 50x | as long as short |
| Bybit ATHUSDTshort | +0.0100% | 4h | 0.005537 | −0.144% | $4.4M | $2.4M | 25x | |
| OKX ATH-USDT-SWAP | +0.0100% | 4h | 0.005539 | −0.108% | $705K | $1.3M | 20x | as long as short |
| Gate ATH_USDT | +0.0100% | 4h | 0.005539 | −0.108% | $791K | $552K | 30x | as long as short |
| MEXC ATH_USDTlong | +0.0100% | 4h | 0.005545 | long leg | $8.9M | $607K | 50x | |
| KuCoin ATHUSDTM | +0.0100% | 4h | 0.005546 | +0.018% | $562K | $77K | 30x | as long as short |
Kraken Futures PF_ATHUSD
Variational Omni ATH
dYdX ATH-USD
Aster ATHUSDT
Binance ATHUSDT
OKX ATH-USDT-SWAP
Gate ATH_USDT
KuCoin ATHUSDTMShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget ATHUSDT | +0.0100% | 4h | 0.005541 | −0.072% | $1.6M | $848K | 25x | as long as short |
| BingX ATH-USDT | +0.0100% | 4h | 0.005542 | −0.054% | — | $21.7M | — | as long as short |
Bitget ATHUSDT
BingX ATH-USDT