Funding you earn now, next payment 04:00 UTC−0.0639%/8h= −70.0% APRnext payment −$3.20 per $10,000 · paid last 24h +0.013%
Price spread now: Bybit against MEXC−0.115%7-day average −0.075% · you buy dearer than you sell
Net, funding: paid 7d − costs−$395as in the Funding arb table
Net, price: spread back to 7d avg − costs−$387as in the Price arb table
costs, in and out, $10k−$3833.832% of the position
Funding, last 7 days−0.122%−$12 on $10k
+Price spread, last 7 days+0.043%+$4 · spread now −0.115%, 7d avg −0.075%
=Both sides work against this trade now: funding costs −$19 a day on $10k at the current rate, and Bybit is 0.040% cheaper against MEXC than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.075%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.122% in total (about -6.4% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.20 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 | MEXC BLUAI_USDT | 0.01133 | 0.1212 | pay 0.0606% / 4h | 2h 50m | $5.8M | $112K | 50x |
| Short | Bybit BLUAIUSDT | 0.01131 | 0.0573 | get 0.0287% / 4h | 2h 50m | $1.5M | $247K | 13x |
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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$134.19
- Price spread: −0.115% → −0.075%
- −$3.96
- Slippage, 4 orders
- −$368.24
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$521.39
- Costs to cover
- 3.832%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 2 min ago; Bybit: live order book, 5 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, 2 min ago | 1.77 bp | 14.6 bp −$15 | 51.2 bp −$512 | 192.6 bp −$19.3K | 554.9 bp −$277.5K |
| Sell Bybit live order book, 5 min ago | 4.87 bp | 128.3 bp −$128 | 1250.5 bp −$12.5K | doesn't fit | doesn't fit |
BLUAI 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate BLUAI_USDT | +0.0100% | 4h | 0.01134 | +0.106% | $460K | $68K | 10x | as long as short |
| SunX BLUAI-USDT | +0.0100% | 4h | 0.01133 | +0.044% | $1K | $1.0M | 20x | as long as short |
| KuCoin BLUAIUSDTM | +0.0392% | 4h | 0.01138 | +0.477% | $1.5M | $23K | 10x | as long as short |
| Bybit BLUAIUSDTshort | +0.0573% | 4h | 0.01131 | −0.115% | $1.5M | $247K | 13x | |
| Binance BLUAIUSDT | +0.1211% | 4h | 0.01132 | −0.010% | $5.9M | $1.1M | 10x | as long as short |
| MEXC BLUAI_USDTlong | +0.1212% | 4h | 0.01133 | long leg | $5.8M | $112K | 50x | |
| BloFin BLUAI-USDT | +0.1215% | 4h | 0.01130 | −0.265% | $387K | $12K | 10x | as long as short |
| BingX BLUAI-USDT | +0.1226% | 4h | 0.01132 | −0.009% | — | $6.5M | — | as long as short |
| Aster BLUAIUSDT | +0.1240% | 4h | 0.01131 | −0.185% | $30K | $14K | 5x | as long as short |
MEXC BLUAI_USDT
Bybit BLUAIUSDT
Gate BLUAI_USDT
SunX BLUAI-USDT
KuCoin BLUAIUSDTM
Binance BLUAIUSDT
BloFin BLUAI-USDT
BingX BLUAI-USDT
Aster BLUAIUSDT