Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against Bybit−0.038%7-day average −0.042% · you buy dearer than you sell
Net, funding: paid 7d − costs−$84as in the Funding arb table
Net, price: spread back to 7d avg − costs−$77as in the Price arb table
costs, in and out, $10k−$780.777% of the position
Funding, last 7 days−0.066%−$7 on $10k
+Price spread, last 7 days−0.047%−$5 · spread now −0.038%, 7d avg −0.042%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit CFXUSDT | 0.05333 | 0.0100 | pay 0.0100% / 8h | 2h 02m | $2.4M | $1.8M | 25x |
| Short | MEXC CFX_USDT | 0.05331 | 0.0100 | get 0.0100% / 8h | 2h 02m | $3.4M | $1.8M | 125x |
Funding 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
- $0
- Price spread: −0.038% → −0.042%
- $0.41
- Slippage, 4 orders
- −$62.72
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$77.32
- Costs to cover
- 0.777%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 4 min ago; MEXC: live order book, 4 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, 4 min ago | 3.75 bp | 38.3 bp −$38 | 280.5 bp −$2,805 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 4 min ago | 1.87 bp | 5.7 bp −$6 | 7.7 bp −$77 | 51.4 bp −$5,142 | 101.0 bp −$50.5K |
CFX on 16 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate CFX_USDT | +0.0005% | 8h | 0.05331 | −0.038% | $1.1M | $3.1M | 50x | as long as short |
| Aster CFXUSDT | +0.0100% | 8h | 0.05332 | −0.014% | $5K | $47K | 5x | as long as short |
| Binance CFXUSDT | +0.0100% | 8h | 0.05332 | −0.028% | $5.4M | $11.3M | 75x | as long as short |
| Bybit CFXUSDTlong | +0.0100% | 8h | 0.05333 | long leg | $2.4M | $1.8M | 25x | |
| OKX CFX-USDT-SWAP | +0.0100% | 8h | 0.05327 | −0.113% | $2.5M | $6.3M | 20x | as long as short |
| MEXC CFX_USDTshort | +0.0100% | 8h | 0.05331 | −0.038% | $3.4M | $1.8M | 125x | |
| KuCoin CFXUSDTM | +0.0100% | 8h | 0.05333 | 0.000% | $883K | $298K | 75x | as long as short |
| Bitget CFXUSDT | +0.0100% | 8h | 0.05330 | −0.056% | $1.6M | $1.6M | 75x | as long as short |
| BingX CFX-USDT | +0.0100% | 8h | 0.05331 | −0.038% | — | $18.2M | — | as long as short |
| Variational Omni CFX | +0.0100% | 8h | 0.05334 | +0.024% | $37K | $41K | — | as long as short |
Show all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT CFX_USDT_Perp | +0.0100% | 8h | 0.05335 | +0.037% | $506K | $2.0M | 10x | as long as short |
| Extended CFX-USD | +0.0104% | 1h | 0.05331 | −0.041% | $132 | $253K | 10x | as long as short |
| Coinbase International CFX-PERP-INTX | +0.0384% | 1h | 0.05366 | +0.619% | $35K | $197K | 50x | as long as short |
| Hyperliquid CFX | +0.0662% | 1h | 0.05344 | +0.208% | $3.2M | $408K | 5x | as long as short |
| Kraken Futures PF_CFXUSD | +0.1700% | 1h | 0.05343 | +0.192% | $33K | $23K | 20x | as long as short |
| Deribit CFX_USDC-PERPETUAL | +0.1999% | 1h | 0.05348 | +0.281% | $141 | $29 | 10x | as long as short |
Bybit CFXUSDT
MEXC CFX_USDT
Gate CFX_USDT
Aster CFXUSDT
Binance CFXUSDT
OKX CFX-USDT-SWAP
KuCoin CFXUSDTM
Bitget CFXUSDT
BingX CFX-USDT
Variational Omni CFX
GRVT CFX_USDT_Perp
Extended CFX-USD
Coinbase International CFX-PERP-INTX
Hyperliquid CFX
Kraken Futures PF_CFXUSD
Deribit CFX_USDC-PERPETUAL