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
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%
=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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit BBUSDT | 0.009086 | 0.1025 | pay 0.0513% / 4h | 2h 07m | $685K | $804K | 25x |
| Short | MEXC BB_USDT | 0.009078 | 0.0100 | get 0.0050% / 4h | 2h 07m | $1.4M | $593K | 100x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Bybit live order book, 57 min ago | 3.80 bp | 108.1 bp −$108 | 552.5 bp −$5,525 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 4 min ago | 1.65 bp | 12.6 bp −$13 | 60.7 bp −$607 | 202.9 bp −$20.3K | 492.9 bp −$246.5K |
BB on 9 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster BBUSDT | +0.0100% | 4h | 0.009074 | −0.130% | $12K | $13K | 5x | as long as short |
| Binance BBUSDT | +0.0100% | 4h | 0.009077 | −0.099% | $3.3M | $6.9M | 50x | as long as short |
| Gate BB_USDT | +0.0100% | 4h | 0.009080 | −0.066% | $131K | $223K | 50x | as long as short |
| MEXC BB_USDTshort | +0.0100% | 4h | 0.009078 | −0.088% | $1.4M | $593K | 100x | |
| KuCoin BBUSDTM | +0.0100% | 4h | 0.009080 | −0.066% | $445K | $90K | 50x | as long as short |
| Bitget BBUSDT | +0.0100% | 4h | 0.009080 | −0.066% | $327K | $481K | 50x | as long as short |
| Bybit BBUSDTlong | +0.1025% | 4h | 0.009086 | long leg | $685K | $804K | 25x | |
| BingX BB-USDT | +0.1166% | 4h | 0.009083 | −0.033% | — | $1.3M | — | as long as short |
| Kraken Futures PF_BBUSD | +0.1894% | 1h | 0.009081 | −0.052% | $21K | $3K | 10x | as long as short |
Bybit BBUSDT
MEXC BB_USDT
Aster BBUSDT
Binance BBUSDT
Gate BB_USDT
KuCoin BBUSDTM
Bitget BBUSDT
BingX BB-USDT
Kraken Futures PF_BBUSD