Funding you earn now, next payment 08:00 UTC+0.0326%/8h= +35.7% APRnext payment +$1.63 per $10,000 · paid last 24h +0.077%
Price spread now: MEXC against Bybit+0.055%7-day average +0.098% · you sell dearer than you buy
Net, funding: paid 7d − costs−$210as in the Funding arb table
Net, price: spread back to 7d avg − costs−$231as in the Price arb table
costs, in and out, $10k−$2272.271% of the position
Funding, last 7 days+0.175%+$18 on $10k
+Price spread, last 4 days (all we have)+0.170%+$17 · spread now +0.055%, 7d avg +0.098%
=Funding pays, the price is against you. MEXC is 0.043% cheaper against Bybit than usual: you would sell low and buy high (spread +0.055% now, against its 7-day average of +0.098%). If the spread goes back, that is −$4 on $10k: about 11 hours of funding at the current rate (+$10 a day). At the pace of the last 7 days (+0.175% in total) that is about 42 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.175% in total (about 9.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.63 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit CHILLGUYUSDT | 0.01456 | 0.0100 | pay 0.0050% / 4h | 2h 38m | $2.2M | $3.3M | 25x |
| Short | MEXC CHILLGUY_USDT | 0.01457 | 0.0426 | get 0.0213% / 4h | 2h 38m | $694K | $313K | 100x |
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
- $68.46
- Price spread: +0.055% → +0.098%
- −$4.34
- Slippage, 4 orders
- −$212.07
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$162.95
- Costs to cover
- 2.271%
- Break-even
- 23.7 days
Slippage from Bybit: live order book, 4 min ago; MEXC: 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 Bybit live order book, 4 min ago | 8.11 bp | 106.0 bp −$106 | 683.4 bp −$6,834 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 2 min ago | 6.81 bp | 15.1 bp −$15 | 89.8 bp −$898 | 274.0 bp −$27.4K | 559.4 bp −$279.7K |
CHILLGUY on 11 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 CHILLGUYUSDTlong | +0.0100% | 4h | 0.01456 | long leg | $2.2M | $3.3M | 25x | |
| Gate CHILLGUY_USDT | +0.0100% | 4h | 0.01458 | +0.117% | $636K | $876K | 20x | as long as short |
| Variational Omni CHILLGUY | +0.0100% | 4h | 0.01476 | +1.340% | $4K | $16K | — | as long as short |
| Bitget CHILLGUYUSDT | +0.0276% | 4h | 0.01459 | +0.192% | $990K | $682K | 10x | as long as short |
| Aster CHILLGUYUSDT | +0.0293% | 4h | 0.01470 | +0.955% | $14K | $58K | 5x | as long as short |
| BingX CHILLGUY-USDT | +0.0378% | 4h | 0.01458 | +0.137% | — | $1.6M | — | as long as short |
| Binance CHILLGUYUSDT | +0.0417% | 4h | 0.01458 | +0.148% | $2.2M | $6.5M | 10x | as long as short |
| MEXC CHILLGUY_USDTshort | +0.0426% | 4h | 0.01457 | +0.055% | $694K | $313K | 100x | |
| BloFin CHILLGUY-USDT | +0.0668% | 4h | 0.01466 | +0.680% | $136K | $276K | 10x | as long as short |
| KuCoin CHILLGUYUSDTM | +0.1710% | 4h | 0.01460 | +0.268% | $1.2M | $584K | 10x | as long as short |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_CHILLGUYUSD | +0.5051% | 1h | 0.01466 | +0.659% | $35K | $93K | 10x | as long as short |
Bybit CHILLGUYUSDT
MEXC CHILLGUY_USDT
Gate CHILLGUY_USDT
Variational Omni CHILLGUY
Bitget CHILLGUYUSDT
Aster CHILLGUYUSDT
BingX CHILLGUY-USDT
Binance CHILLGUYUSDT
BloFin CHILLGUY-USDT
KuCoin CHILLGUYUSDTM
Kraken Futures PF_CHILLGUYUSD