Funding you earn now, next payment 00:00 UTC−0.0190%/8h= −20.9% APRnext payment −$1.90 per $10,000 · paid last 24h +0.028%
Price spread now: Bybit against MEXC+0.274%7-day average +0.316% · you sell dearer than you buy
Net, funding: paid 7d − costs−$370as in the Funding arb table
Net, price: spread back to 7d avg − costs−$388as in the Price arb table
costs, in and out, $10k−$3843.839% of the position
Funding, last 7 days+0.141%+$14 on $10k
+Price spread, last 4 days (all we have)+0.068%+$7 · spread now +0.274%, 7d avg +0.316%
=Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Bybit is 0.043% cheaper against MEXC than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.316%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.141%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC CATSTOCK_USDT | 818.24 | 0.0200 | pay 0.0200% / 8h | 2h 24m | $354K | $125K | 20x |
| Short | Bybit CATSTOCKUSDT | 820.48 | 0.0010 | get 0.0010% / 8h | 2h 24m | $301K | $203K | 25x |
MEXC CATSTOCK_USDT
Bybit CATSTOCKUSDTFunding 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
- −$40
- Price spread: +0.274% → +0.316%
- −$4.27
- Slippage, 4 orders
- −$372.9
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$428.18
- Costs to cover
- 3.839%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 57 min ago; Bybit: live order book, 58 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, 57 min ago | 12.21 bp | 31.1 bp −$31 | 160.6 bp −$1,606 | 215.1 bp −$21.5K | 286.4 bp −$143.2K |
| Sell Bybit live order book, 58 min ago | 6.83 bp | 154.2 bp −$154 | doesn't fit | doesn't fit | doesn't fit |
CATSTOCK on 3 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 CATSTOCKUSDTshort | +0.0010% | 8h | 820.48 | +0.274% | $301K | $203K | 25x | |
| HTX CATSTOCK-USDT | +0.0100% | 8h | 819.42 | +0.144% | $455 | $35K | 10x | as long as short |
| MEXC CATSTOCK_USDTlong | +0.0200% | 8h | 818.24 | long leg | $354K | $125K | 20x |
HTX CATSTOCK-USDT