Funding you earn now, next payment 00:00 UTC−0.0200%/8h= −21.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.049%
Price spread now: Bybit against MEXC−0.226%7-day average −0.176% · you buy dearer than you sell
Net, funding: paid 7d − costs−$270as in the Funding arb table
Net, price: spread back to 7d avg − costs−$316as in the Price arb table
costs, in and out, $10k−$3113.108% of the position
Funding, last 7 days+0.407%+$41 on $10k
+Price spread, last 7 days+0.069%+$7 · spread now −0.226%, 7d avg −0.176%
=Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Bybit is 0.050% cheaper against MEXC than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.176%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.407%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC BLESS_USDT | 0.009298 | 0.0300 | pay 0.0150% / 4h | 1h 49m | $7.2M | $634K | 100x |
| Short | Bybit BLESSUSDT | 0.009277 | 0.0100 | get 0.0050% / 4h | 1h 49m | $2.6M | $517K | 13x |
MEXC BLESS_USDT
Bybit BLESSUSDTFunding 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$42
- Price spread: −0.226% → −0.176%
- −$4.99
- Slippage, 4 orders
- −$299.75
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$357.74
- Costs to cover
- 3.108%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 3 min ago; Bybit: 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 MEXC live order book, 3 min ago | 3.22 bp | 10.3 bp −$10 | 49.3 bp −$493 | 261.1 bp −$26.1K | doesn't fit |
| Sell Bybit live order book, 2 min ago | 1.08 bp | 137.5 bp −$138 | doesn't fit | doesn't fit | doesn't fit |
BLESS 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 | |
|---|---|---|---|---|---|---|---|---|
| GRVT BLESS_USDT_Perp | 0.0000% | 4h | 0.007338 | −21.076% | $228K | $3K | 10x | as long as short |
| Bybit BLESSUSDTshort | +0.0100% | 4h | 0.009277 | −0.226% | $2.6M | $517K | 13x | |
| KuCoin BLESSUSDTM | +0.0100% | 4h | 0.009268 | −0.323% | $2.3M | $185K | 40x | as long as short |
| Variational Omni BLESS | +0.0100% | 4h | 0.009278 | −0.218% | $8K | $2K | — | as long as short |
| SunX BLESS-USDT | +0.0100% | 4h | 0.009220 | −0.839% | $2K | $673K | 20x | as long as short |
| Gate BLESS_USDT | +0.0234% | 4h | 0.009272 | −0.280% | $879K | $753K | 20x | as long as short |
| BloFin BLESS-USDT | +0.0256% | 4h | 0.009294 | −0.043% | $457K | $172K | 40x | as long as short |
| Binance BLESSUSDT | +0.0297% | 4h | 0.009298 | 0.000% | $4.5M | $3.5M | 40x | as long as short |
| MEXC BLESS_USDTlong | +0.0300% | 4h | 0.009298 | long leg | $7.2M | $634K | 100x | |
| BingX BLESS-USDT | +0.0402% | 4h | 0.009296 | −0.022% | — | $6.7M | — | as long as short |
GRVT BLESS_USDT_Perp
KuCoin BLESSUSDTM
Variational Omni BLESS
SunX BLESS-USDT
Gate BLESS_USDT
BloFin BLESS-USDT
Binance BLESSUSDT
BingX BLESS-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget BLESSUSDT | +0.0428% | 4h | 0.009291 | −0.075% | $2.8M | $743K | 10x | as long as short |
| Aster BLESSUSDT | +0.0936% | 4h | 0.009283 | −0.160% | $51K | $58K | 5x | as long as short |
Bitget BLESSUSDT
Aster BLESSUSDT