Funding you earn now, next payment 08:00 UTC+0.0013%/8h= +1.4% APRnext payment +$0.13 per $10,000 · paid last 24h +0.001%
Price spread now: Bybit against MEXC−0.098%7-day average −0.009% · you buy dearer than you sell
Net, funding: paid 7d − costs−$157as in the Funding arb table
Net, price: spread back to 7d avg − costs−$166as in the Price arb table
costs, in and out, $10k−$1571.571% of the position
Funding, last 7 days−0.001%$0 on $10k
+Price spread, last 4 days (all we have)−0.208%−$21 · spread now −0.098%, 7d avg −0.009%
=Funding pays, the price is against you. Bybit is 0.089% cheaper against MEXC than usual: you would sell low and buy high (spread −0.098% now, against its 7-day average of −0.009%). If the spread goes back, that is −$9 on $10k: about 22 days of funding at the current rate ($0 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC BOBA_USDT | 0.02045 | 0.4910 | pay 0.4910% / 8h | 5h 37m | $154K | $82K | 20x |
| Short | Bybit BOBAUSDT | 0.02043 | 0.4923 | get 0.4923% / 8h | 5h 37m | $248K | $152K | 5x |
MEXC BOBA_USDT
Bybit BOBAUSDTFunding 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
- $2.77
- Price spread: −0.098% → −0.009%
- −$8.88
- Slippage, 4 orders
- −$142.07
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$163.17
- Costs to cover
- 1.571%
- Break-even
- 418.7 days
Slippage from MEXC: live order book, 62 min ago; Bybit: live order book, 7 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, 62 min ago | 7.34 bp | 38.2 bp −$38 | 140.0 bp −$1,400 | 819.5 bp −$82.0K | doesn't fit |
| Sell Bybit live order book, 7 min ago | 7.34 bp | 38.2 bp −$38 | doesn't fit | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| MEXC BOBA_USDTlong | +0.4910% | 8h | 0.02045 | long leg | $154K | $82K | 20x | |
| Bybit BOBAUSDTshort | +0.4923% | 8h | 0.02043 | −0.098% | $248K | $152K | 5x | |
| Variational Omni BOBA | +0.5533% | 8h | 0.02044 | −0.044% | $17 | $3K | — | as long as short |
Variational Omni BOBA