Funding you earn now, next payment 08:00 UTC−0.0136%/8h= −14.9% APRnext payment −$0.68 per $10,000 · paid last 24h −0.001%
Price spread now: Bybit against MEXC−0.412%7-day average −0.272% · you buy dearer than you sell
Net, funding: paid 7d − costs−$121as in the Funding arb table
Net, price: spread back to 7d avg − costs−$131as in the Price arb table
costs, in and out, $10k−$1171.167% of the position
Funding, last 7 days−0.045%−$4 on $10k
+Price spread, last 4 days (all we have)+0.108%+$11 · spread now −0.412%, 7d avg −0.272%
=Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Bybit is 0.140% cheaper against MEXC than usual: you would sell low and buy high (−$14 if the spread goes back to its 7-day average of −0.272%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC CARV_USDT | 0.04608 | 0.0236 | pay 0.0118% / 4h | 3h 09m | $237K | $235K | 20x |
| Short | Bybit CARVUSDT | 0.04589 | 0.0100 | get 0.0050% / 4h | 3h 09m | $1.1M | $2.6M | 20x |
MEXC CARV_USDT
Bybit CARVUSDTFunding 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
- −$28.56
- Price spread: −0.412% → −0.272%
- −$13.99
- Slippage, 4 orders
- −$101.66
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$159.21
- Costs to cover
- 1.167%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 16 min ago; Bybit: live order book, 2 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, 16 min ago | 4.30 bp | 25.7 bp −$26 | 107.0 bp −$1,070 | 275.6 bp −$27.6K | doesn't fit |
| Sell Bybit live order book, 2 min ago | 9.83 bp | 22.1 bp −$22 | 288.8 bp −$2,888 | doesn't fit | 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 | −0.0181% | 4h | 0.04581 | −0.593% | $483 | $2K | — | as long as short |
| Bybit CARVUSDTshort | +0.0100% | 4h | 0.04589 | −0.412% | $1.1M | $2.6M | 20x | |
| Gate CARV_USDT | +0.0100% | 4h | 0.04598 | −0.217% | $127K | $150K | 20x | as long as short |
| KuCoin CARVUSDTM | +0.0100% | 4h | 0.04598 | −0.217% | $179K | $45K | 20x | as long as short |
| Bitget CARVUSDT | +0.0100% | 4h | 0.04605 | −0.065% | $786K | $957K | 25x | as long as short |
| Binance CARVUSDT | +0.0230% | 4h | 0.04606 | −0.047% | $1.8M | $11.1M | 50x | as long as short |
| MEXC CARV_USDTlong | +0.0236% | 4h | 0.04608 | long leg | $237K | $235K | 20x | |
| BingX CARV-USDT | +0.0800% | 4h | 0.04599 | −0.195% | — | $1.4M | — | as long as short |
Variational Omni CARV
Gate CARV_USDT
KuCoin CARVUSDTM
Bitget CARVUSDT
Binance CARVUSDT
BingX CARV-USDT