Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against MEXC+0.027%7-day average +0.088% · you sell dearer than you buy
Net, funding: paid 7d − costs−$99as in the Funding arb table
Net, price: spread back to 7d avg − costs−$107as in the Price arb table
costs, in and out, $10k−$1011.014% of the position
Funding, last 7 days+0.019%+$2 on $10k
+Price spread, last 4 days (all we have)−0.056%−$6 · spread now +0.027%, 7d avg +0.088%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.061% cheaper against MEXC than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of +0.088%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC AUCTION_USDT | 3.7170 | 0.0100 | pay 0.0050% / 4h | 1h 41m | $440K | $143K | 20x |
| Short | Bybit AUCTIONUSDT | 3.7180 | 0.0100 | get 0.0050% / 4h | 1h 41m | $594K | $271K | 25x |
MEXC AUCTION_USDT
Bybit AUCTIONUSDTFunding 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: +0.027% → +0.088%
- −$6.06
- Slippage, 4 orders
- −$86.36
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$107.42
- Costs to cover
- 1.014%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 9 min ago; Bybit: live order book, 13 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, 9 min ago | 2.71 bp | 18.7 bp −$19 | 68.8 bp −$688 | 106.7 bp −$10.7K | 230.8 bp −$115.4K |
| Sell Bybit live order book, 13 min ago | 5.44 bp | 35.4 bp −$35 | 60.8 bp −$608 | doesn't fit | doesn't fit |
AUCTION on 11 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_AUCTIONUSD | −0.0364% | 1h | 3.7195 | +0.067% | $8K | $256 | 10x | as long as short |
| Aster AUCTIONUSDT | +0.0100% | 4h | 3.7166 | −0.011% | $928 | $2K | 5x | as long as short |
| Binance AUCTIONUSDT | +0.0100% | 4h | 3.7170 | 0.000% | $2.5M | $1.6M | 50x | as long as short |
| Bybit AUCTIONUSDTshort | +0.0100% | 4h | 3.7180 | +0.027% | $594K | $271K | 25x | |
| OKX AUCTION-USDT-SWAP | +0.0100% | 4h | 3.7110 | −0.161% | $777K | $680K | 20x | as long as short |
| Gate AUCTION_USDT | +0.0100% | 8h | 3.7180 | +0.027% | $104K | $71K | 50x | as long as short |
| MEXC AUCTION_USDTlong | +0.0100% | 4h | 3.7170 | long leg | $440K | $143K | 20x | |
| KuCoin AUCTIONUSDTM | +0.0100% | 4h | 3.7150 | −0.054% | $372K | $111K | 20x | as long as short |
| Bitget AUCTIONUSDT | +0.0100% | 4h | 3.7160 | −0.027% | $376K | $152K | 25x | as long as short |
| BingX AUCTION-USDT | +0.0100% | 4h | 3.7170 | 0.000% | — | $7.7M | — | as long as short |
Kraken Futures PF_AUCTIONUSD
Aster AUCTIONUSDT
Binance AUCTIONUSDT
OKX AUCTION-USDT-SWAP
Gate AUCTION_USDT
KuCoin AUCTIONUSDTM
Bitget AUCTIONUSDT
BingX AUCTION-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni AUCTION | +0.0100% | 4h | 3.6884 | −0.771% | $171 | $38 | — | as long as short |
Variational Omni AUCTION