Funding you earn now, next payment 04:00 UTC−0.0412%/8h= −45.1% APRnext payment −$2.06 per $10,000 · paid last 24h −0.067%
Price spread now: Bybit against MEXC−0.238%7-day average −0.098% · you buy dearer than you sell
Net, funding: paid 7d − costs−$194as in the Funding arb table
Net, price: spread back to 7d avg − costs−$193as in the Price arb table
costs, in and out, $10k−$1791.794% of the position
Funding, last 7 days−0.147%−$15 on $10k
+Price spread, last 4 days (all we have)−0.111%−$11 · spread now −0.238%, 7d avg −0.098%
=Both sides work against this trade now: funding costs −$12 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 −0.098%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.147% in total (about -7.7% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.06 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 | MEXC CHILLGUY_USDT | 0.01429 | 0.0512 | pay 0.0256% / 4h | 29m 16s | $677K | $299K | 100x |
| Short | Bybit CHILLGUYUSDT | 0.01426 | 0.0100 | get 0.0050% / 4h | 29m 16s | $2.2M | $3.0M | 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
- −$86.52
- Price spread: −0.238% → −0.098%
- −$13.97
- Slippage, 4 orders
- −$164.4
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$279.89
- Costs to cover
- 1.794%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 21 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, 21 min ago | 3.52 bp | 13.8 bp −$14 | 92.6 bp −$926 | 299.4 bp −$29.9K | 574.2 bp −$287.1K |
| Sell Bybit live order book, 3 min ago | 3.16 bp | 78.9 bp −$79 | 340.4 bp −$3,404 | doesn't fit | doesn't fit |
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 CHILLGUYUSDTshort | +0.0100% | 4h | 0.01426 | −0.238% | $2.2M | $3.0M | 25x | |
| Gate CHILLGUY_USDT | +0.0100% | 4h | 0.01427 | −0.140% | $615K | $800K | 20x | as long as short |
| Variational Omni CHILLGUY | +0.0100% | 4h | 0.01424 | −0.371% | $4K | $16K | — | as long as short |
| Aster CHILLGUYUSDT | +0.0308% | 4h | 0.01421 | −0.586% | $13K | $49K | 5x | as long as short |
| MEXC CHILLGUY_USDTlong | +0.0512% | 4h | 0.01429 | long leg | $677K | $299K | 100x | |
| Binance CHILLGUYUSDT | +0.0513% | 4h | 0.01427 | −0.126% | $2.0M | $5.5M | 10x | as long as short |
| BingX CHILLGUY-USDT | +0.0550% | 4h | 0.01428 | −0.056% | — | $1.5M | — | as long as short |
| Bitget CHILLGUYUSDT | +0.0642% | 4h | 0.01430 | +0.070% | $962K | $556K | 10x | as long as short |
| BloFin CHILLGUY-USDT | +0.0753% | 4h | 0.01428 | −0.042% | $131K | $255K | 10x | as long as short |
| Kraken Futures PF_CHILLGUYUSD | +0.0886% | 1h | 0.01428 | −0.046% | $36K | $89K | 10x | as long as short |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin CHILLGUYUSDTM | +0.2148% | 4h | 0.01423 | −0.413% | $1.2M | $542K | 10x | as long as short |
MEXC CHILLGUY_USDT
Bybit CHILLGUYUSDT
Gate CHILLGUY_USDT
Variational Omni CHILLGUY
Aster CHILLGUYUSDT
Binance CHILLGUYUSDT
BingX CHILLGUY-USDT
Bitget CHILLGUYUSDT
BloFin CHILLGUY-USDT
Kraken Futures PF_CHILLGUYUSD
KuCoin CHILLGUYUSDTM