Funding you earn now, next payment 08:00 UTC+0.0153%/8h= +16.8% APRnext payment +$0.77 per $10,000 · paid last 24h +0.013%
Price spread now: MEXC against Bybit−0.059%7-day average −0.042% · you buy dearer than you sell
Net, funding: paid 7d − costs−$196as in the Funding arb table
Net, price: spread back to 7d avg − costs−$209as in the Price arb table
costs, in and out, $10k−$2072.072% of the position
Funding, last 7 days+0.113%+$11 on $10k
+Price spread, last 4 days (all we have)+0.040%+$4 · spread now −0.059%, 7d avg −0.042%
=The price spread sits at its 7-day average of −0.042%, so right now this pair is about funding alone: +$5 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit BARDUSDT | 0.1358 | −0.0053 | get 0.0027% / 4h | 2h 37m | $1.0M | $355K | 25x |
| Short | MEXC BARD_USDT | 0.1357 | 0.0100 | get 0.0050% / 4h | 2h 37m | $710K | $183K | 50x |
Bybit BARDUSDT
MEXC BARD_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
- $32.16
- Price spread: −0.059% → −0.042%
- −$1.72
- Slippage, 4 orders
- −$192.21
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$176.77
- Costs to cover
- 2.072%
- Break-even
- 45.5 days
Slippage from Bybit: live order book, 3 min ago; MEXC: 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 Bybit live order book, 3 min ago | 4.79 bp | 112.1 bp −$112 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 2 min ago | 3.68 bp | 7.8 bp −$8 | 65.8 bp −$658 | 334.1 bp −$33.4K | 802.4 bp −$401.2K |
BARD 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit BARDUSDTlong | −0.0053% | 4h | 0.1358 | long leg | $1.0M | $355K | 25x | |
| GRVT BARD_USDT_Perp | −0.0034% | 4h | 0.1360 | +0.139% | $141K | $520K | 10x | as long as short |
| BingX BARD-USDT | +0.0002% | 4h | 0.1358 | +0.015% | — | $6.5M | — | as long as short |
| Aster BARDUSDT | +0.0100% | 4h | 0.1359 | +0.087% | $18K | $15K | 5x | as long as short |
| Binance BARDUSDT | +0.0100% | 4h | 0.1357 | −0.045% | $2.2M | $1.7M | 25x | as long as short |
| OKX BARD-USDT-SWAP | +0.0100% | 4h | 0.1357 | −0.059% | $709K | $916K | 20x | as long as short |
| Gate BARD_USDT | +0.0100% | 4h | 0.1358 | +0.015% | $191K | $30K | 20x | as long as short |
| MEXC BARD_USDTshort | +0.0100% | 4h | 0.1357 | −0.059% | $710K | $183K | 50x | |
| KuCoin BARDUSDTM | +0.0100% | 4h | 0.1358 | +0.015% | $104K | $56K | 25x | as long as short |
| Bitget BARDUSDT | +0.0100% | 4h | 0.1357 | −0.059% | $1.0M | $107K | 20x | as long as short |
GRVT BARD_USDT_Perp
BingX BARD-USDT
Aster BARDUSDT
Binance BARDUSDT
OKX BARD-USDT-SWAP
Gate BARD_USDT
KuCoin BARDUSDTM
Bitget BARDUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni BARD | +0.0100% | 4h | 0.1358 | +0.040% | $12K | $1 | — | as long as short |
| BloFin BARD-USDT | +0.0146% | 4h | 0.1356 | −0.133% | $117K | $5K | 25x | as long as short |
Variational Omni BARD
BloFin BARD-USDT