Funding you earn now, next payment 00:00 UTC−0.0032%/8h= −3.5% APRnext payment −$0.32 per $10,000 · paid last 24h −0.001%
Price spread now: MEXC against Bybit+0.099%7-day average +0.007% · you sell dearer than you buy
Net, funding: paid 7d − costs−$170as in the Funding arb table
Net, price: spread back to 7d avg − costs−$161as in the Price arb table
costs, in and out, $10k−$1701.704% of the position
Funding, last 7 days+0.001%$0 on $10k
+Price spread, last 4 days (all we have)−0.219%−$22 · spread now +0.099%, 7d avg +0.007%
=The price spread pays, funding is against you. MEXC is 0.092% dearer against Bybit than usual: you sell high and buy low (spread +0.099% now, against its 7-day average of +0.007%): +$9 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 9.6 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit BOBAUSDT | 0.02028 | 0.2460 | pay 0.2460% / 8h | 2h 21m | $255K | $142K | 5x |
| Short | MEXC BOBA_USDT | 0.02030 | 0.2428 | get 0.2428% / 8h | 2h 21m | $155K | $83K | 20x |
Bybit BOBAUSDT
MEXC BOBA_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
- −$6.74
- Price spread: +0.099% → +0.007%
- $9.21
- Slippage, 4 orders
- −$155.4
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$167.93
- Costs to cover
- 1.704%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 62 min ago; MEXC: live order book, 59 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, 62 min ago | 9.84 bp | 42.7 bp −$43 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 59 min ago | 7.38 bp | 43.3 bp −$43 | 145.0 bp −$1,450 | 656.0 bp −$65.6K | doesn't fit |
BOBA on 3 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni BOBA | +0.2121% | 8h | 0.02028 | +0.021% | $66 | $3K | — | as long as short |
| MEXC BOBA_USDTshort | +0.2428% | 8h | 0.02030 | +0.099% | $155K | $83K | 20x | |
| Bybit BOBAUSDTlong | +0.2460% | 8h | 0.02028 | long leg | $255K | $142K | 5x |
Variational Omni BOBA