Funding you earn now, next payment 08:00 UTC+0.0012%/8h= +1.3% APRnext payment +$0.06 per $10,000 · paid last 24h +0.001%
Price spread now: MEXC against Bybit+0.068%7-day average +0.269% · you sell dearer than you buy
Net, funding: paid 7d − costs−$143as in the Funding arb table
Net, price: spread back to 7d avg − costs−$167as in the Price arb table
costs, in and out, $10k−$1471.472% of the position
Funding, last 7 days+0.045%+$4 on $10k
+Price spread, last 4 days (all we have)+0.239%+$24 · spread now +0.068%, 7d avg +0.269%
=Funding pays, the price is against you. MEXC is 0.201% cheaper against Bybit than usual: you would sell low and buy high (spread +0.068% now, against its 7-day average of +0.269%). If the spread goes back, that is −$20 on $10k: about 56 days of funding at the current rate ($0 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit CARVUSDT | 0.04417 | 0.0100 | pay 0.0050% / 4h | 2h 15m | $1.0M | $2.9M | 20x |
| Short | MEXC CARV_USDT | 0.04420 | 0.0112 | get 0.0056% / 4h | 2h 15m | $161K | $255K | 20x |
Bybit CARVUSDT
MEXC CARV_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
- $2.52
- Price spread: +0.068% → +0.269%
- −$20.09
- Slippage, 4 orders
- −$132.22
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$164.79
- Costs to cover
- 1.472%
- Break-even
- 464.7 days
Slippage from Bybit: live order book, 1 min ago; MEXC: live order book, 5 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, 1 min ago | 6.80 bp | 56.1 bp −$56 | 698.6 bp −$6,986 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 5 min ago | 1.13 bp | 19.6 bp −$20 | 99.9 bp −$999 | 262.6 bp −$26.3K | doesn't fit |
CARV 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni CARV | −0.0110% | 4h | 0.04413 | −0.084% | $466 | $2K | — | as long as short |
| Bybit CARVUSDTlong | +0.0100% | 4h | 0.04417 | long leg | $1.0M | $2.9M | 20x | |
| Gate CARV_USDT | +0.0100% | 4h | 0.04420 | +0.068% | $117K | $154K | 20x | as long as short |
| KuCoin CARVUSDTM | +0.0100% | 4h | 0.04420 | +0.068% | $173K | $45K | 20x | as long as short |
| Bitget CARVUSDT | +0.0100% | 4h | 0.04422 | +0.113% | $764K | $1.0M | 25x | as long as short |
| Binance CARVUSDT | +0.0106% | 4h | 0.04420 | +0.079% | $1.6M | $12.1M | 50x | as long as short |
| MEXC CARV_USDTshort | +0.0112% | 4h | 0.04420 | +0.068% | $161K | $255K | 20x | |
| BingX CARV-USDT | +0.0800% | 4h | 0.04424 | +0.158% | — | $1.4M | — | as long as short |
Variational Omni CARV
Gate CARV_USDT
KuCoin CARVUSDTM
Bitget CARVUSDT
Binance CARVUSDT
BingX CARV-USDT