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: Bybit against MEXC−0.151%7-day average −0.061% · you buy dearer than you sell
Net, funding: paid 7d − costs−$233as in the Funding arb table
Net, price: spread back to 7d avg − costs−$197as in the Price arb table
costs, in and out, $10k−$1881.880% of the position
Funding, last 7 days−0.447%−$45 on $10k
+Price spread, last 4 days (all we have)+0.158%+$16 · spread now −0.151%, 7d avg −0.061%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.090% cheaper against MEXC than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of −0.061%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC COOKIE_USDT | 0.01322 | 0.0100 | pay 0.0050% / 4h | 14m 48s | $717K | $487K | 100x |
| Short | Bybit COOKIEUSDT | 0.01320 | 0.0100 | get 0.0050% / 4h | 14m 48s | $1.1M | $2.5M | 25x |
MEXC COOKIE_USDT
Bybit COOKIEUSDTFunding 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: −0.151% → −0.061%
- −$9
- Slippage, 4 orders
- −$172.97
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$196.97
- Costs to cover
- 1.880%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 15 min ago; Bybit: 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 MEXC live order book, 15 min ago | 7.61 bp | 14.5 bp −$15 | 104.1 bp −$1,041 | 579.3 bp −$57.9K | doesn't fit |
| Sell Bybit live order book, 2 min ago | 6.84 bp | 81.4 bp −$81 | 388.7 bp −$3,887 | doesn't fit | 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 | 0.01322 | +0.014% | $2.4M | $14.7M | 20x | as long as short |
| Bybit COOKIEUSDTshort | +0.0100% | 4h | 0.01320 | −0.151% | $1.1M | $2.5M | 25x | |
| Gate COOKIE_USDT | +0.0100% | 4h | 0.01320 | −0.151% | $141K | $338K | 25x | as long as short |
| MEXC COOKIE_USDTlong | +0.0100% | 4h | 0.01322 | long leg | $717K | $487K | 100x | |
| KuCoin COOKIEUSDTM | +0.0100% | 4h | 0.01320 | −0.151% | $232K | $204K | 20x | as long as short |
| Bitget COOKIEUSDT | +0.0100% | 4h | 0.01322 | 0.000% | $404K | $426K | 5x | as long as short |
| BingX COOKIE-USDT | +0.0100% | 4h | 0.01323 | +0.068% | — | $6.6M | — | as long as short |
| Variational Omni COOKIE | +0.0100% | 4h | 0.01312 | −0.779% | $13K | $20K | — | as long as short |
| Kraken Futures PF_COOKIEUSD | +0.0957% | 1h | 0.01323 | +0.084% | $14K | $49K | 10x | as long as short |
Binance COOKIEUSDT
Gate COOKIE_USDT
KuCoin COOKIEUSDTM
Bitget COOKIEUSDT
BingX COOKIE-USDT
Variational Omni COOKIE
Kraken Futures PF_COOKIEUSD