Funding you earn now, next payment 00:00 UTC+0.0742%/8h= +81.2% APRnext payment +$3.71 per $10,000 · paid last 24h +0.201%
Price spread now: MEXC against Bybit−0.050%7-day average +0.053% · you buy dearer than you sell
Net, funding: paid 7d − costs−$875as in the Funding arb table
Net, price: spread back to 7d avg − costs−$939as in the Price arb table
costs, in and out, $10k−$9299.287% of the position
Funding, last 7 days+0.541%+$54 on $10k
+Price spread, last 4 days (all we have)+0.166%+$17 · spread now −0.050%, 7d avg +0.053%
=Funding pays, the price is against you. MEXC is 0.103% cheaper against Bybit than usual: you would sell low and buy high (spread −0.050% now, against its 7-day average of +0.053%). If the spread goes back, that is −$10 on $10k: about 11 hours of funding at the current rate (+$22 a day). At the pace of the last 7 days (+0.541% in total) that is about 32 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit CTRUSDT | 0.01190 | 0.0100 | pay 0.0050% / 4h | 1h 15m | $250K | $124K | 20x |
| Short | MEXC CTR_USDT | 0.01190 | 0.0842 | get 0.0421% / 4h | 1h 15m | $604K | $157K | 20x |
Bybit CTRUSDT
MEXC CTR_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
- $155.82
- Price spread: −0.050% → +0.053%
- −$10.34
- Slippage, 4 orders
- −$909.65
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee MEXC: 4 bp × 2 orders
- −$8
- Net
- −$783.17
- Costs to cover
- 9.287%
- Break-even
- 42.2 days
Slippage from Bybit: live order book, 59 min ago; MEXC: live order book, 60 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, 59 min ago | 4.20 bp | 407.6 bp −$408 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 60 min ago | 1.68 bp | 28.4 bp −$28 | 82.3 bp −$823 | 391.0 bp −$39.1K | doesn't fit |
CTR on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| Lighter CTR | +0.0096% | 1h | 0.01188 | −0.185% | $10K | $319 | 3x | as long as short |
| Bybit CTRUSDTlong | +0.0100% | 4h | 0.01190 | long leg | $250K | $124K | 20x | |
| Gate CTR_USDT | +0.0100% | 4h | 0.01193 | +0.235% | $115K | $16K | 20x | as long as short |
| KuCoin CTRUSDTM | +0.0100% | 4h | 0.01187 | −0.269% | $276K | $343K | 20x | as long as short |
| Aster CTRUSDT | +0.0517% | 4h | 0.01189 | −0.123% | $9K | $6K | 5x | as long as short |
| Bitget CTRUSDT | +0.0716% | 4h | 0.01190 | −0.017% | $543K | $56K | 20x | as long as short |
| MEXC CTR_USDTshort | +0.0842% | 4h | 0.01190 | −0.050% | $604K | $157K | 20x | |
| Binance CTRUSDT | +0.0842% | 4h | 0.01189 | −0.067% | $2.2M | $826K | 20x | as long as short |
Lighter CTR
Gate CTR_USDT
KuCoin CTRUSDTM
Aster CTRUSDT
Bitget CTRUSDT
Binance CTRUSDT