Funding you earn now, next payment 08:00 UTC−0.0155%/8h= −16.9% APRnext payment −$1.55 per $10,000 · paid last 24h −0.039%
Price spread now: Bybit against MEXC−0.226%7-day average −0.215% · you buy dearer than you sell
Net, funding: paid 7d − costs−$126as in the Funding arb table
Net, price: spread back to 7d avg − costs−$114as in the Price arb table
costs, in and out, $10k−$1131.129% of the position
Funding, last 7 days−0.131%−$13 on $10k
+Price spread, last 4 days (all we have)+0.001%$0 · spread now −0.226%, 7d avg −0.215%
=The price spread sits at its 7-day average of −0.215%, so right now this pair is about funding alone: −$5 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC CORE_USDT | 0.02213 | 0.0151 | pay 0.0151% / 8h | 6h 33m | $858K | $211K | 100x |
| Short | Bybit COREUSDT | 0.02208 | −0.0004 | pay 0.0004% / 8h | 6h 33m | $1.4M | $918K | 20x |
MEXC CORE_USDT
Bybit COREUSDTFunding 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
- −$32.49
- Price spread: −0.226% → −0.215%
- −$1.11
- Slippage, 4 orders
- −$97.95
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$146.55
- Costs to cover
- 1.129%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 28 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, 28 min ago | 6.73 bp | 20.4 bp −$20 | 68.7 bp −$687 | 132.7 bp −$13.3K | 242.1 bp −$121.0K |
| Sell Bybit live order book, 3 min ago | 6.79 bp | 37.6 bp −$38 | 262.1 bp −$2,621 | doesn't fit | doesn't fit |
CORE on 6 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni CORE | −0.0237% | 8h | 0.02211 | −0.106% | $8K | $892 | — | as long as short |
| Gate CORE_USDT | −0.0207% | 8h | 0.02209 | −0.181% | $165K | $173K | 25x | as long as short |
| Bybit COREUSDTshort | −0.0004% | 8h | 0.02208 | −0.226% | $1.4M | $918K | 20x | |
| OKX CORE-USDT-SWAP | +0.0100% | 8h | 0.02214 | +0.045% | $1.7M | $4.4M | 20x | as long as short |
| MEXC CORE_USDTlong | +0.0151% | 8h | 0.02213 | long leg | $858K | $211K | 100x | |
| BingX CORE-USDT | +0.0151% | 8h | 0.02212 | −0.045% | — | $1.3M | — | as long as short |
Variational Omni CORE
Gate CORE_USDT
OKX CORE-USDT-SWAP
BingX CORE-USDT