Funding you earn now, next payment 04:00 UTC−0.1487%/8h= −162.8% APRnext payment −$7.44 per $10,000 · paid last 24h −0.036%
Price spread now: MEXC against Bybit−0.075%7-day average −0.063% · you buy dearer than you sell
Net, funding: paid 7d − costs−$184as in the Funding arb table
Net, price: spread back to 7d avg − costs−$226as in the Price arb table
costs, in and out, $10k−$2252.251% of the position
Funding, last 7 days+0.410%+$41 on $10k
+Price spread, last 4 days (all we have)+0.024%+$2 · spread now −0.075%, 7d avg −0.063%
=The price spread sits at its 7-day average of −0.063%, so right now this pair is about funding alone: −$45 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.410%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.410% in total (about 21.4% a year). A funding rate is set anew for every payment; at this rate the next one is about −$7.44 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit CUSDT | 0.08008 | 0.1587 | pay 0.0794% / 4h | 2h 06m | $1.1M | $1.8M | 13x |
| Short | MEXC C_USDT | 0.08002 | 0.0100 | get 0.0050% / 4h | 2h 06m | $216K | $206K | 50x |
Bybit CUSDT
MEXC C_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
- −$312.3
- Price spread: −0.075% → −0.063%
- −$1.22
- Slippage, 4 orders
- −$210.12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$538.64
- Costs to cover
- 2.251%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 5 min ago; MEXC: live order book, 43 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, 5 min ago | 8.73 bp | 100.3 bp −$100 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 43 min ago | 1.24 bp | 17.3 bp −$17 | 79.6 bp −$796 | 266.6 bp −$26.7K | doesn't fit |
C on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster CUSDT | +0.0100% | 4h | 0.07995 | −0.158% | $32K | $104K | 5x | as long as short |
| Binance CUSDT | +0.0100% | 4h | 0.08005 | −0.044% | $6.6M | $12.4M | 50x | as long as short |
| MEXC C_USDTshort | +0.0100% | 4h | 0.08002 | −0.075% | $216K | $206K | 50x | |
| KuCoin CUSDTM | +0.0100% | 4h | 0.07978 | −0.375% | $643K | $147K | 25x | as long as short |
| Bitget CUSDT | +0.0100% | 4h | 0.07994 | −0.175% | $446K | $1.0M | 20x | as long as short |
| Variational Omni C | +0.0100% | 4h | 0.08019 | +0.132% | $617 | $13K | — | as long as short |
| Gate C_USDT | +0.0772% | 4h | 0.08012 | +0.050% | $326K | $565K | 20x | as long as short |
| BingX C-USDT | +0.1514% | 4h | 0.08000 | −0.100% | — | $2.4M | — | as long as short |
| Bybit CUSDTlong | +0.1587% | 4h | 0.08008 | long leg | $1.1M | $1.8M | 13x |
Aster CUSDT
Binance CUSDT
KuCoin CUSDTM
Bitget CUSDT
Variational Omni C
Gate C_USDT
BingX C-USDT