Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.015%
Price spread now: MEXC against Bybit−0.309%7-day average +0.059% · you buy dearer than you sell
Net, funding: paid 7d − costs−$290as in the Funding arb table
Net, price: spread back to 7d avg − costs−$371as in the Price arb table
costs, in and out, $10k−$3353.347% of the position
Funding, last 7 days+0.447%+$45 on $10k
+Price spread, last 4 days (all we have)+0.287%+$29 · spread now −0.309%, 7d avg +0.059%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.367% cheaper against Bybit than usual: you would sell low and buy high, −$37 on $10k if it goes back to its 7-day average of +0.059%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit COOKIEUSDT | 0.01263 | 0.0100 | pay 0.0050% / 4h | 2h 41m | $874K | $1.5M | 25x |
| Short | MEXC COOKIE_USDT | 0.01259 | 0.0100 | get 0.0050% / 4h | 2h 41m | $642K | $365K | 100x |
Bybit COOKIEUSDT
MEXC COOKIE_USDTFunding 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: −0.309% → +0.059%
- −$36.73
- Slippage, 4 orders
- −$319.71
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$371.44
- Costs to cover
- 3.347%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 5 min ago; MEXC: live order book, 64 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, 5 min ago | 6.74 bp | 150.4 bp −$150 | 1201.2 bp −$12.0K | doesn't fit | doesn't fit |
| Sell MEXC live order book, 64 min ago | 8.05 bp | 13.2 bp −$13 | 99.8 bp −$998 | 615.9 bp −$61.6K | doesn't fit |
COOKIE on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance COOKIEUSDT | +0.0100% | 4h | 0.01265 | +0.181% | $2.1M | $9.5M | 20x | as long as short |
| Bybit COOKIEUSDTlong | +0.0100% | 4h | 0.01263 | long leg | $874K | $1.5M | 25x | |
| Gate COOKIE_USDT | +0.0100% | 4h | 0.01257 | −0.467% | $126K | $232K | 25x | as long as short |
| MEXC COOKIE_USDTshort | +0.0100% | 4h | 0.01259 | −0.309% | $642K | $365K | 100x | |
| KuCoin COOKIEUSDTM | +0.0100% | 4h | 0.01256 | −0.546% | $225K | $161K | 20x | as long as short |
| Bitget COOKIEUSDT | +0.0100% | 4h | 0.01261 | −0.150% | $365K | $310K | 5x | as long as short |
| BingX COOKIE-USDT | +0.0100% | 4h | 0.01260 | −0.214% | — | $6.6M | — | as long as short |
| Variational Omni COOKIE | +0.0100% | 4h | 0.01259 | −0.294% | $12K | $20K | — | as long as short |
| Kraken Futures PF_COOKIEUSD | +0.0434% | 1h | 0.01261 | −0.132% | $13K | $40K | 10x | as long as short |
Binance COOKIEUSDT
Gate COOKIE_USDT
KuCoin COOKIEUSDTM
Bitget COOKIEUSDT
BingX COOKIE-USDT
Variational Omni COOKIE
Kraken Futures PF_COOKIEUSD