Funding you earn now, next payment 00:00 UTC+0.0924%/8h= +101.1% APRnext payment +$4.62 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against MEXC−0.024%7-day average +0.062% · you buy dearer than you sell
Net, funding: paid 7d − costs−$250as in the Funding arb table
Net, price: spread back to 7d avg − costs−$209as in the Price arb table
costs, in and out, $10k−$2012.006% of the position
Funding, last 7 days−0.496%−$50 on $10k
+Price spread, last 4 days (all we have)+0.044%+$4 · spread now −0.024%, 7d avg +0.062%
=Funding pays, the price is against you. Bybit is 0.087% cheaper against MEXC than usual: you would sell low and buy high (spread −0.024% now, against its 7-day average of +0.062%). If the spread goes back, that is −$9 on $10k: about 8 hours of funding at the current rate (+$28 a day). Mind the row above: over the last 7 days funding on this pair cost −0.496%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.496% in total (about -25.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$4.62 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 | MEXC C_USDT | 0.08179 | 0.0100 | pay 0.0050% / 4h | 1h 50m | $229K | $207K | 50x |
| Short | Bybit CUSDT | 0.08177 | 0.1024 | get 0.0512% / 4h | 1h 50m | $1.2M | $1.9M | 13x |
MEXC C_USDT
Bybit CUSDTFunding 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
- $193.94
- Price spread: −0.024% → +0.062%
- −$8.68
- Slippage, 4 orders
- −$185.63
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$15.38
- Costs to cover
- 2.006%
- Break-even
- 7.6 days
Slippage from MEXC: live order book, 22 min ago; Bybit: live order book, 6 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, 22 min ago | 1.22 bp | 14.9 bp −$15 | 73.8 bp −$738 | 254.1 bp −$25.4K | doesn't fit |
| Sell Bybit live order book, 6 min ago | 3.65 bp | 92.2 bp −$92 | 576.0 bp −$5,760 | doesn't fit | 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 | 0.08183 | +0.049% | $38K | $100K | 5x | as long as short |
| Binance CUSDT | +0.0100% | 4h | 0.08181 | +0.024% | $6.7M | $13.8M | 50x | as long as short |
| MEXC C_USDTlong | +0.0100% | 4h | 0.08179 | long leg | $229K | $207K | 50x | |
| KuCoin CUSDTM | +0.0100% | 4h | 0.08161 | −0.220% | $590K | $127K | 25x | as long as short |
| Bitget CUSDT | +0.0100% | 4h | 0.08182 | +0.037% | $441K | $1.0M | 20x | as long as short |
| Variational Omni C | +0.0100% | 4h | 0.08220 | +0.499% | $329 | $13K | — | as long as short |
| Gate C_USDT | +0.0228% | 4h | 0.08199 | +0.245% | $335K | $708K | 20x | as long as short |
| BingX C-USDT | +0.0942% | 4h | 0.08182 | +0.037% | — | $2.4M | — | as long as short |
| Bybit CUSDTshort | +0.1024% | 4h | 0.08177 | −0.024% | $1.2M | $1.9M | 13x |
Aster CUSDT
Binance CUSDT
KuCoin CUSDTM
Bitget CUSDT
Variational Omni C
Gate C_USDT
BingX C-USDT