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

BB

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0925%/8h= −101.3% APRnext payment $4.63 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against Bybit−0.088%7-day average −0.097% · you buy dearer than you sell
Net, funding: paid 7d − costs−$233as in the Funding arb table
Net, price: spread back to 7d avg − costs−$232as in the Price arb table
costs, in and out, $10k−$2332.328% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 4 days (all we have)−0.007%−$1 · spread now −0.088%, 7d avg −0.097%
Together, before fees−0.007%−$1 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.097%, so right now this pair is about funding alone: −$28 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.000% in total (about 0.0% a year). A funding rate is set anew for every payment; at this rate the next one is about $4.63 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit BBUSDT0.0090860.1025pay 0.0513% / 4h2h 07m$685K$804K25x
ShortMEXC BB_USDT0.0090780.0100get 0.0050% / 4h2h 07m$1.4M$593K100x

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

Profit calculator

Funding earned
−$194.26
Price spread: −0.088% → −0.097%
$0.94
Slippage, 4 orders
−$217.78
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$426.1
Costs to cover
2.328%
Break-even
never at this rate
Slippage from Bybit: live order book, 57 min ago; MEXC: live order book, 4 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 Bybit live order book, 57 min ago3.80 bp108.1 bp −$108552.5 bp −$5,525doesn't fitdoesn't fit
Sell MEXC live order book, 4 min ago1.65 bp12.6 bp −$1360.7 bp −$607202.9 bp −$20.3K492.9 bp −$246.5K

BB on 9 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
Aster BBUSDT+0.0100%4h0.009074−0.130%$12K$13K5xas long as short
Binance BBUSDT+0.0100%4h0.009077−0.099%$3.3M$6.9M50xas long as short
Gate BB_USDT+0.0100%4h0.009080−0.066%$131K$223K50xas long as short
MEXC BB_USDTshort+0.0100%4h0.009078−0.088%$1.4M$593K100x
KuCoin BBUSDTM+0.0100%4h0.009080−0.066%$445K$90K50xas long as short
Bitget BBUSDT+0.0100%4h0.009080−0.066%$327K$481K50xas long as short
Bybit BBUSDTlong+0.1025%4h0.009086long leg$685K$804K25x
BingX BB-USDT+0.1166%4h0.009083−0.033%$1.3Mas long as short
Kraken Futures PF_BBUSD+0.1894%1h0.009081−0.052%$21K$3K10xas long as short