Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against Bybit−0.662%7-day average +0.011% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,411as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,479as in the Price arb table
costs, in and out, $10k−$1,41114.114% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)+1.127%+$113 · spread now −0.662%, 7d avg +0.011%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.673% cheaper against Bybit than usual: you would sell low and buy high, −$67 on $10k if it goes back to its 7-day average of +0.011%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit BPUSDT | 0.8703 | 0.0100 | pay 0.0050% / 4h | 26m 57s | $1.5M | $647K | 5x |
| Short | MEXC BP_USDT | 0.8645 | 0.0100 | get 0.0050% / 4h | 26m 57s | $610K | $440K | 20x |
Bybit BPUSDT
MEXC BP_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
- Price spread: −0.662% → +0.011%
- −$67.31
- Slippage, 4 orders
- −$1,396.37
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$1,478.68
- Costs to cover
- 14.114%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 4 min ago; MEXC: live order book, 23 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, 4 min ago | 51.19 bp | 412.0 bp −$412 | 3398.8 bp −$34.0K | doesn't fit | doesn't fit |
| Sell MEXC live order book, 23 min ago | 25.10 bp | 131.7 bp −$132 | 146.7 bp −$1,467 | doesn't fit | doesn't fit |
BP on 5 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin BPUSDTM | +0.0050% | 8h | 0.9176 | +5.437% | $214K | $70K | 5x | as long as short |
| Pacifica BP | +0.0100% | 1h | 0.8757 | +0.629% | $85K | $73K | 3x | as long as short |
| Bybit BPUSDTlong | +0.0100% | 4h | 0.8703 | long leg | $1.5M | $647K | 5x | |
| Gate BP_USDT | +0.0100% | 4h | 0.9648 | +10.863% | $654K | $131K | 10x | as long as short |
| MEXC BP_USDTshort | +0.0100% | 4h | 0.8645 | −0.662% | $610K | $440K | 20x |
KuCoin BPUSDTM
Pacifica BP
Gate BP_USDT