Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against MEXC−0.075%7-day average +0.004% · you buy dearer than you sell
Net, funding: paid 7d − costs−$157as in the Funding arb table
Net, price: spread back to 7d avg − costs−$150as in the Price arb table
costs, in and out, $10k−$1421.418% of the position
Funding, last 7 days−0.156%−$16 on $10k
+Price spread, last 4 days (all we have)+0.055%+$5 · spread now −0.075%, 7d avg +0.004%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.079% cheaper against MEXC than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of +0.004%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC CFG_USDT | 0.1332 | 0.0100 | pay 0.0050% / 4h | 2h 18m | $364K | $148K | 20x |
| Short | Bybit CFGUSDT | 0.1331 | 0.0100 | get 0.0050% / 4h | 2h 18m | $1.9M | $2.1M | 25x |
Funding 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
- $0
- Price spread: −0.075% → +0.004%
- −$7.95
- Slippage, 4 orders
- −$122.85
- Fee MEXC: 4 bp × 2 orders
- −$8
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$149.8
- Costs to cover
- 1.418%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 12 min ago; Bybit: live order book, 3 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, 12 min ago | 3.80 bp | 11.8 bp −$12 | 55.9 bp −$559 | 633.9 bp −$63.4K | doesn't fit |
| Sell Bybit live order book, 3 min ago | 7.54 bp | 56.0 bp −$56 | 206.5 bp −$2,065 | doesn't fit | doesn't fit |
CFG on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_CFGUSD | −0.2004% | 1h | 0.1325 | −0.493% | $11K | $5K | 10x | as long as short |
| BloFin CFG-USDT | +0.0064% | 4h | 0.1329 | −0.225% | $176K | $34K | 50x | as long as short |
| Aster CFGUSDT | +0.0100% | 4h | 0.1333 | +0.062% | $7K | $41K | 10x | as long as short |
| Binance CFGUSDT | +0.0100% | 4h | 0.1331 | −0.063% | $2.7M | $7.9M | 50x | as long as short |
| Bybit CFGUSDTshort | +0.0100% | 4h | 0.1331 | −0.075% | $1.9M | $2.1M | 25x | |
| Gate CFG_USDT | +0.0100% | 4h | 0.1334 | +0.150% | $525K | $344K | 20x | as long as short |
| MEXC CFG_USDTlong | +0.0100% | 4h | 0.1332 | long leg | $364K | $148K | 20x | |
| KuCoin CFGUSDTM | +0.0100% | 4h | 0.1331 | −0.075% | $338K | $149K | 20x | as long as short |
| Bitget CFGUSDT | +0.0100% | 4h | 0.1333 | +0.045% | $929K | $874K | 20x | as long as short |
| BingX CFG-USDT | +0.0100% | 4h | 0.1331 | −0.075% | — | $1.7M | — | as long as short |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX CFG-USDT | +0.0100% | 4h | 0.1332 | 0.000% | $2K | $1.1M | 20x | as long as short |
| Extended CFG-USD | +0.0104% | 1h | 0.1332 | +0.022% | $28K | $221K | 5x | as long as short |
MEXC CFG_USDT
Bybit CFGUSDT
Kraken Futures PF_CFGUSD
BloFin CFG-USDT
Aster CFGUSDT
Binance CFGUSDT
Gate CFG_USDT
KuCoin CFGUSDTM
Bitget CFGUSDT
BingX CFG-USDT
SunX CFG-USDT
Extended CFG-USD