Settings8H · net · $10k
Funding arb · Price arb /

BARD

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.013%
Price spread now: Bybit against MEXC+0.007%7-day average +0.041% · you sell dearer than you buy
Net, funding: paid 7d − costs−$202as in the Funding arb table
Net, price: spread back to 7d avg − costs−$194as in the Price arb table
costs, in and out, $10k−$1911.907% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.113%−$11 on $10k
Price spread, last 4 days (all we have)+0.021%+$2 · spread now +0.007%, 7d avg +0.041%
Together, before fees−0.092%−$9 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.034% cheaper against MEXC than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.041%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC BARD_USDT0.13740.0100pay 0.0050% / 4h3h 32m$739K$175K50x
ShortBybit BARDUSDT0.13740.0100get 0.0050% / 4h3h 32m$1.0M$349K25x

Funding 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: +0.007% → +0.041%
−$3.37
Slippage, 4 orders
−$175.65
Fee MEXC: 2 bp × 2 orders
−$4
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$194.02
Costs to cover
1.907%
Break-even
never at this rate
Slippage from MEXC: live order book, 13 min ago; Bybit: live order book, 3 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy MEXC live order book, 13 min ago3.63 bp8.9 bp −$977.8 bp −$778341.4 bp −$34.1K910.0 bp −$455.0K
Sell Bybit live order book, 3 min ago4.36 bp79.8 bp −$80doesn't fitdoesn't fitdoesn't fit

BARD on 12 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT BARD_USDT_Perp+0.0004%4h0.1375+0.072%$140K$531K10xas long as short
BloFin BARD-USDT+0.0059%4h0.13740.000%$119K$5K25xas long as short
BingX BARD-USDT+0.0070%4h0.1373−0.073%$6.5Mas long as short
Aster BARDUSDT+0.0100%4h0.1374+0.026%$18K$16K5xas long as short
Binance BARDUSDT+0.0100%4h0.1373−0.054%$2.2M$1.7M25xas long as short
Bybit BARDUSDTshort+0.0100%4h0.1374+0.007%$1.0M$349K25x
OKX BARD-USDT-SWAP+0.0100%4h0.13740.000%$727K$934K20xas long as short
Gate BARD_USDT+0.0100%4h0.1373−0.073%$193K$30K20xas long as short
MEXC BARD_USDTlong+0.0100%4h0.1374long leg$739K$175K50x
KuCoin BARDUSDTM+0.0100%4h0.1372−0.116%$105K$56K25xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget BARDUSDT+0.0100%4h0.1373−0.073%$1.1M$110K20xas long as short
Variational Omni BARD+0.0100%4h0.1375+0.059%$12K$1as long as short