Funding you earn now, next payment 04:00 UTC−0.1092%/8h= −119.6% APRnext payment −$5.46 per $10,000 · paid last 24h −0.291%
Price spread now: Bybit against MEXC−0.244%7-day average −0.166% · you buy dearer than you sell
Net, funding: paid 7d − costs−$328as in the Funding arb table
Net, price: spread back to 7d avg − costs−$156as in the Price arb table
costs, in and out, $10k−$1481.485% of the position
Funding, last 7 days−1.793%−$179 on $10k
+Price spread, last 7 days+0.233%+$23 · spread now −0.244%, 7d avg −0.166%
=Both sides work against this trade now: funding costs −$33 a day on $10k at the current rate, and Bybit is 0.078% cheaper against MEXC than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of −0.166%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC BR_USDT | 1.1120 | 0.1192 | pay 0.0596% / 4h | 2h 30m | $15.2M | $7.4M | 100x |
| Short | Bybit BRUSDT | 1.1093 | 0.0100 | get 0.0050% / 4h | 2h 30m | $10.7M | $25.7M | 5x |
MEXC BR_USDT
Bybit BRUSDTFunding 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
- −$229.32
- Price spread: −0.244% → −0.166%
- −$7.78
- Slippage, 4 orders
- −$133.46
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$385.55
- Costs to cover
- 1.485%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 3 min ago; Bybit: live order book, 3 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, 3 min ago | 3.18 bp | 34.4 bp −$34 | 53.6 bp −$536 | 174.8 bp −$17.5K | 470.5 bp −$235.3K |
| Sell Bybit live order book, 3 min ago | 3.49 bp | 33.8 bp −$34 | doesn't fit | doesn't fit | doesn't fit |
BR on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX BR-USDT | +0.0080% | 4h | 1.1091 | −0.269% | — | $6.2M | — | as long as short |
| Bybit BRUSDTshort | +0.0100% | 4h | 1.1093 | −0.244% | $10.7M | $25.7M | 5x | |
| Gate BR_USDT | +0.0100% | 4h | 1.1078 | −0.386% | $7.4M | $8.6M | 20x | as long as short |
| KuCoin BRUSDTM | +0.0100% | 4h | 1.1094 | −0.236% | $4.8M | $5.2M | 30x | as long as short |
| Variational Omni BR | +0.0100% | 4h | 1.1060 | −0.546% | $260K | $288K | — | as long as short |
| SunX BR-USDT | +0.0100% | 4h | 1.1084 | −0.328% | — | $719K | 10x | as long as short |
| HTX BR-USDT | +0.0100% | 4h | 1.1130 | +0.085% | $84K | $245K | 20x | as long as short |
| Bitget BRUSDT | +0.0310% | 4h | 1.1119 | −0.010% | $8.1M | $12.2M | 10x | as long as short |
| Aster BRUSDT | +0.0590% | 4h | 1.1093 | −0.250% | $661K | $2.7M | 5x | as long as short |
| Binance BRUSDT | +0.1190% | 4h | 1.1113 | −0.065% | $53.1M | $159.8M | 25x | as long as short |
BingX BR-USDT
Gate BR_USDT
KuCoin BRUSDTM
Variational Omni BR
SunX BR-USDT
HTX BR-USDT
Bitget BRUSDT
Aster BRUSDT
Binance BRUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC BR_USDTlong | +0.1192% | 4h | 1.1120 | long leg | $15.2M | $7.4M | 100x |