Funding you earn now, next payment 08:00 UTC−0.0782%/8h= −85.6% APRnext payment −$3.91 per $10,000 · paid last 24h −0.231%
Price spread now: Bybit against MEXC−0.119%7-day average −0.048% · you buy dearer than you sell
Net, funding: paid 7d − costs−$454as in the Funding arb table
Net, price: spread back to 7d avg − costs−$398as in the Price arb table
costs, in and out, $10k−$3913.905% of the position
Funding, last 7 days−0.636%−$64 on $10k
+Price spread, last 7 days+0.142%+$14 · spread now −0.119%, 7d avg −0.048%
=Both sides work against this trade now: funding costs −$23 a day on $10k at the current rate, and Bybit is 0.071% cheaper against MEXC than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of −0.048%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC BTR_USDT | 0.05057 | 0.0882 | pay 0.0441% / 4h | 2h 41m | $1.5M | $148K | 20x |
| Short | Bybit BTRUSDT | 0.05051 | 0.0100 | get 0.0050% / 4h | 2h 41m | $3.2M | $1.1M | 25x |
MEXC BTR_USDT
Bybit BTRUSDTFunding 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
- −$164.22
- Price spread: −0.119% → −0.048%
- −$7.08
- Slippage, 4 orders
- −$379.51
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$561.82
- Costs to cover
- 3.905%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 4 min ago; Bybit: live order book, 1 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, 4 min ago | 1.98 bp | 18.6 bp −$19 | 63.8 bp −$638 | 196.8 bp −$19.7K | doesn't fit |
| Sell Bybit live order book, 1 min ago | 4.94 bp | 175.9 bp −$176 | doesn't fit | doesn't fit | doesn't fit |
BTR on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit BTRUSDTshort | +0.0100% | 4h | 0.05051 | −0.119% | $3.2M | $1.1M | 25x | |
| KuCoin BTRUSDTM | +0.0100% | 4h | 0.05053 | −0.079% | $1.4M | $178K | 10x | as long as short |
| HTX BTR-USDT | +0.0100% | 4h | 0.05066 | +0.178% | $11K | $314K | 10x | as long as short |
| Gate BTR_USDT | +0.0297% | 8h | 0.05054 | −0.059% | $733K | $289K | 20x | as long as short |
| Aster BTRUSDT | +0.0637% | 4h | 0.05057 | 0.000% | $90K | $10K | 5x | as long as short |
| BingX BTR-USDT | +0.0854% | 4h | 0.05056 | −0.020% | — | $6.5M | — | as long as short |
| Binance BTRUSDT | +0.0875% | 4h | 0.05053 | −0.071% | $5.4M | $3.8M | 10x | as long as short |
| MEXC BTR_USDTlong | +0.0882% | 4h | 0.05057 | long leg | $1.5M | $148K | 20x |
KuCoin BTRUSDTM
HTX BTR-USDT
Gate BTR_USDT
Aster BTRUSDT
BingX BTR-USDT
Binance BTRUSDT