Funding you earn now, next payment 08:00 UTC−0.0036%/8h= −3.9% APRnext payment −$0.18 per $10,000 · paid last 24h −0.187%
Price spread now: Bybit against MEXC−0.017%7-day average −0.049% · you buy dearer than you sell
Net, funding: paid 7d − costs−$984as in the Funding arb table
Net, price: spread back to 7d avg − costs−$924as in the Price arb table
costs, in and out, $10k−$9279.267% of the position
Funding, last 7 days−0.577%−$58 on $10k
+Price spread, last 4 days (all we have)−0.078%−$8 · spread now −0.017%, 7d avg −0.049%
=The price spread pays, funding is against you. Bybit is 0.032% dearer against MEXC than usual: you sell high and buy low (spread −0.017% now, against its 7-day average of −0.049%): +$3 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 2.9 days. At the pace of the last 7 days (−0.577% in total) that is about 9 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC CTR_USDT | 0.01180 | 0.0136 | pay 0.0068% / 4h | 2h 32m | $603K | $144K | 20x |
| Short | Bybit CTRUSDT | 0.01179 | 0.0100 | get 0.0050% / 4h | 2h 32m | $247K | $129K | 20x |
MEXC CTR_USDT
Bybit CTRUSDTFunding 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
- −$7.56
- Price spread: −0.017% → −0.049%
- $3.16
- Slippage, 4 orders
- −$907.68
- Fee MEXC: 4 bp × 2 orders
- −$8
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$931.09
- Costs to cover
- 9.267%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 7 min ago; Bybit: live order book, 63 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, 7 min ago | 0.42 bp | 8.9 bp −$9 | 74.7 bp −$747 | 344.6 bp −$34.5K | doesn't fit |
| Sell Bybit live order book, 63 min ago | 6.34 bp | 524.3 bp −$524 | doesn't fit | doesn't fit | 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 | 0.01178 | −0.136% | $9K | $359 | 3x | as long as short |
| Bybit CTRUSDTshort | +0.0100% | 4h | 0.01179 | −0.017% | $247K | $129K | 20x | |
| Gate CTR_USDT | +0.0100% | 4h | 0.01179 | −0.051% | $113K | $15K | 20x | as long as short |
| KuCoin CTRUSDTM | +0.0100% | 4h | 0.01176 | −0.305% | $280K | $361K | 20x | as long as short |
| Binance CTRUSDT | +0.0133% | 4h | 0.01180 | +0.013% | $2.2M | $814K | 20x | as long as short |
| MEXC CTR_USDTlong | +0.0136% | 4h | 0.01180 | long leg | $603K | $144K | 20x | |
| Bitget CTRUSDT | +0.0342% | 4h | 0.01178 | −0.136% | $502K | $88K | 20x | as long as short |
| Aster CTRUSDT | +0.0522% | 4h | 0.01177 | −0.189% | $9K | $8K | 5x | as long as short |
Lighter CTR
Gate CTR_USDT
KuCoin CTRUSDTM
Binance CTRUSDT
Bitget CTRUSDT
Aster CTRUSDT