Settings8H · net · $10k
Funding arb · Price arb /

BP

all BP markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against MEXC+0.392%7-day average −0.008% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,376as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,336as in the Price arb table
costs, in and out, $10k−$1,37613.759% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 4 days (all we have)−0.780%−$78 · spread now +0.392%, 7d avg −0.008%
Together, before fees−0.780%−$78 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.400% dearer against MEXC than usual: you sell high and buy low, +$40 on $10k if it goes back to its 7-day average of −0.008%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC BP_USDT0.85540.0100pay 0.0050% / 4h3h 31m$609K$425K20x
ShortBybit BPUSDT0.85880.0100get 0.0050% / 4h3h 31m$1.5M$610K5x

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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: +0.392% → −0.008%
$39.97
Slippage, 4 orders
−$1,360.9
Fee MEXC: 2 bp × 2 orders
−$4
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$1,335.93
Costs to cover
13.759%
Break-even
never at this rate
Slippage from MEXC: live order book, 13 min ago; Bybit: live order book, 4 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy MEXC live order book, 13 min ago38.25 bp308.2 bp −$308333.6 bp −$3,3361078.8 bp −$107.9Kdoesn't fit
Sell Bybit live order book, 4 min ago49.98 bp165.1 bp −$1651727.9 bp −$17.3Kdoesn't fitdoesn't fit

BP on 5 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin BPUSDTM+0.0050%8h0.9004+5.258%$208K$73K5xas long as short
Pacifica BP+0.0100%1h0.8543−0.133%$84K$91K3xas long as short
Bybit BPUSDTshort+0.0100%4h0.8588+0.392%$1.5M$610K5x
Gate BP_USDT+0.0100%4h0.9448+10.451%$641K$122K10xas long as short
MEXC BP_USDTlong+0.0100%4h0.8554long leg$609K$425K20x