Funding you earn now, next payment 08:00 UTC−0.0001%/8h= −0.1% APRnext payment −$0.01 per $10,000 · paid last 24h −0.014%
Price spread now: MEXC against Bybit+0.005%7-day average −0.062% · you sell dearer than you buy
Net, funding: paid 7d − costs−$86as in the Funding arb table
Net, price: spread back to 7d avg − costs−$79as in the Price arb table
costs, in and out, $10k−$850.854% of the position
Funding, last 7 days−0.008%−$1 on $10k
+Price spread, last 7 days−0.090%−$9 · spread now +0.005%, 7d avg −0.062%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.067% dearer against Bybit than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of −0.062%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit BICOUSDT | 0.02219 | 0.0101 | pay 0.0101% / 8h | 2h 19m | $2.2M | $4.0M | 20x |
| Short | MEXC BICO_USDT | 0.02219 | 0.0100 | get 0.0100% / 8h | 2h 19m | $1.8M | $1.1M | 50x |
Bybit BICOUSDT
MEXC BICO_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
- −$0.11
- Price spread: +0.005% → −0.062%
- $6.66
- Slippage, 4 orders
- −$74.36
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$78.81
- Costs to cover
- 0.854%
- Break-even
- never at this rate
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 | 2.71 bp | 35.8 bp −$36 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 2 min ago | 2.26 bp | 5.6 bp −$6 | 41.1 bp −$411 | 141.7 bp −$14.2K | doesn't fit |
BICO on 11 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 BICOUSDT | +0.0100% | 8h | 0.02219 | +0.003% | $93K | $24K | 5x | as long as short |
| Binance BICOUSDT | +0.0100% | 8h | 0.02219 | +0.005% | $3.9M | $8.5M | 20x | as long as short |
| OKX BICO-USDT-SWAP | +0.0100% | 4h | 0.02221 | +0.095% | $1.8M | $5.2M | 20x | as long as short |
| Gate BICO_USDT | +0.0100% | 8h | 0.02218 | −0.041% | $362K | $338K | 20x | as long as short |
| MEXC BICO_USDTshort | +0.0100% | 8h | 0.02219 | +0.005% | $1.8M | $1.1M | 50x | |
| KuCoin BICOUSDTM | +0.0100% | 8h | 0.02221 | +0.095% | $979K | $1.5M | 20x | as long as short |
| Bitget BICOUSDT | +0.0100% | 8h | 0.02219 | +0.005% | $646K | $546K | 10x | as long as short |
| Variational Omni BICO | +0.0100% | 8h | 0.02216 | −0.148% | $12K | $12K | — | as long as short |
| Bybit BICOUSDTlong | +0.0101% | 8h | 0.02219 | long leg | $2.2M | $4.0M | 20x | |
| BingX BICO-USDT | +0.0101% | 8h | 0.02218 | −0.041% | — | $1.7M | — | as long as short |
Aster BICOUSDT
Binance BICOUSDT
OKX BICO-USDT-SWAP
Gate BICO_USDT
KuCoin BICOUSDTM
Bitget BICOUSDT
Variational Omni BICO
BingX BICO-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_BICOUSD | +0.3185% | 1h | 0.02221 | +0.116% | $36K | $63K | 20x | as long as short |
Kraken Futures PF_BICOUSD