Funding you earn now, next payment 04:00 UTC+0.0452%/8h= +49.5% APRnext payment +$2.26 per $10,000 · paid last 24h +0.053%
Price spread now: MEXC against Bybit−0.151%7-day average −0.077% · you buy dearer than you sell
Net, funding: paid 7d − costs−$590as in the Funding arb table
Net, price: spread back to 7d avg − costs−$630as in the Price arb table
costs, in and out, $10k−$6236.228% of the position
Funding, last 7 days+0.330%+$33 on $10k
+Price spread, last 4 days (all we have)+0.074%+$7 · spread now −0.151%, 7d avg −0.077%
=Funding pays, the price is against you. MEXC is 0.074% cheaper against Bybit than usual: you would sell low and buy high (spread −0.151% now, against its 7-day average of −0.077%). If the spread goes back, that is −$7 on $10k: about 13 hours of funding at the current rate (+$14 a day). At the pace of the last 7 days (+0.330% in total) that is about 38 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit AVAAIUSDT | 0.01123 | 0.0634 | pay 0.0317% / 4h | 24m 49s | $1.3M | $481K | 20x |
| Short | MEXC AVAAI_USDT | 0.01122 | 0.1086 | get 0.0543% / 4h | 24m 49s | $199K | $113K | 100x |
Bybit AVAAIUSDT
MEXC AVAAI_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
- $95.02
- Price spread: −0.151% → −0.077%
- −$7.43
- Slippage, 4 orders
- −$607.81
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$535.22
- Costs to cover
- 6.228%
- Break-even
- 46.4 days
Slippage from Bybit: live order book, 1 min ago; MEXC: live order book, 6 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, 1 min ago | 8.92 bp | 264.3 bp −$264 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 6 min ago | 4.02 bp | 28.9 bp −$29 | 74.1 bp −$741 | 262.9 bp −$26.3K | 617.1 bp −$308.5K |
AVAAI 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin AVAAIUSDTM | +0.0100% | 4h | 0.01116 | −0.659% | $468K | $87K | 20x | as long as short |
| Gate AVAAI_USDT | +0.0246% | 4h | 0.01119 | −0.374% | $632K | $149K | 20x | as long as short |
| Bybit AVAAIUSDTlong | +0.0634% | 4h | 0.01123 | long leg | $1.3M | $481K | 20x | |
| BingX AVAAI-USDT | +0.1000% | 4h | 0.01123 | −0.080% | — | $178K | — | as long as short |
| MEXC AVAAI_USDTshort | +0.1086% | 4h | 0.01122 | −0.151% | $199K | $113K | 100x | |
| Binance AVAAIUSDT | +0.1104% | 4h | 0.01122 | −0.098% | $4.0M | $2.9M | 20x | as long as short |
| BloFin AVAAI-USDT | +0.1127% | 4h | 0.01122 | −0.089% | $192K | $5K | 20x | as long as short |
| Aster AVAAIUSDT | +0.1189% | 4h | 0.01115 | −0.713% | $37K | $14K | 5x | as long as short |
KuCoin AVAAIUSDTM
Gate AVAAI_USDT
BingX AVAAI-USDT
Binance AVAAIUSDT
BloFin AVAAI-USDT
Aster AVAAIUSDT