Funding you earn now, next payment 23:00 UTC+0.0114%/8h= +12.5% APRpaid last 24h +1.240%
Price spread now: Bybit against MEXC−0.695%7-day average +0.028% · you buy dearer than you sell
Net, funding: paid 7d − costs+$46as in the Funding arb table
Net, price: spread back to 7d avg − costs−$142as in the Price arb table
costs, in and out, $10k−$690.694% of the position
Funding, last 7 days+1.159%+$116 on $10k
+Price spread, last 4 days (all we have)+0.633%+$63 · spread now −0.695%, 7d avg +0.028%
=Funding pays, the price is against you. Bybit is 0.723% cheaper against MEXC than usual: you would sell low and buy high (spread −0.695% now, against its 7-day average of +0.028%). If the spread goes back, that is −$72 on $10k: about 21 days of funding at the current rate (+$3 a day). At the pace of the last 7 days (+1.159% in total) that is about 4.4 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC CVC_USDT | 0.02733 | −0.0014 | get 0.0007% / 4h | 1h 12m | $652K | $124K | 20x |
| Short | Bybit CVCUSDT | 0.02714 | 0.0100 | get 0.0013% / 1h | 12m 47s | $1.7M | $1.4M | 25x |
MEXC CVC_USDT
Bybit CVCUSDTFunding 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
- $23.94
- Price spread: −0.695% → +0.028%
- −$72.29
- Slippage, 4 orders
- −$54.45
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$117.8
- Costs to cover
- 0.694%
- Break-even
- 41.4 days
Slippage from MEXC: live order book, 62 min ago; Bybit: live order book, 4 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, 62 min ago | 1.82 bp | 8.7 bp −$9 | 32.8 bp −$328 | 218.4 bp −$21.8K | 602.3 bp −$301.1K |
| Sell Bybit live order book, 4 min ago | 3.68 bp | 25.8 bp −$26 | 380.5 bp −$3,805 | doesn't fit | doesn't fit |
CVC 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate CVC_USDT | −0.0724% | 4h | 0.02734 | +0.037% | $210K | $312K | 25x | as long as short |
| Bitget CVCUSDT | −0.0218% | 4h | 0.02735 | +0.073% | $462K | $477K | 50x | as long as short |
| BingX CVC-USDT | −0.0208% | 4h | 0.02726 | −0.256% | — | $2.4M | — | as long as short |
| MEXC CVC_USDTlong | −0.0014% | 4h | 0.02733 | long leg | $652K | $124K | 20x | |
| Binance CVCUSDT | −0.0014% | 4h | 0.02736 | +0.110% | $2.9M | $5.7M | 50x | as long as short |
| Bybit CVCUSDTshort | +0.0100% | 1h | 0.02714 | −0.695% | $1.7M | $1.4M | 25x | |
| KuCoin CVCUSDTM | +0.0100% | 4h | 0.02739 | +0.220% | $1.4M | $392K | 30x | as long as short |
| Variational Omni CVC | +0.0100% | 1h | 0.02715 | −0.653% | $1K | $370 | — | as long as short |
Gate CVC_USDT
Bitget CVCUSDT
BingX CVC-USDT
Binance CVCUSDT
KuCoin CVCUSDTM
Variational Omni CVC