Funding you earn now, next payment 08:00 UTC−0.0387%/8h= −42.4% APRnext payment −$1.94 per $10,000 · paid last 24h −0.011%
Price spread now: MEXC against Bybit−0.061%7-day average −0.028% · you buy dearer than you sell
Net, funding: paid 7d − costs−$223as in the Funding arb table
Net, price: spread back to 7d avg − costs−$208as in the Price arb table
costs, in and out, $10k−$2052.051% of the position
Funding, last 7 days−0.179%−$18 on $10k
+Price spread, last 7 days+0.151%+$15 · spread now −0.061%, 7d avg −0.028%
=Both sides work against this trade now: funding costs −$12 a day on $10k at the current rate, and MEXC is 0.033% cheaper against Bybit than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.028%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.179% in total (about -9.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.94 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit CYSUSDT | 0.1629 | 0.0487 | pay 0.0244% / 4h | 2h 37m | $1.5M | $1.1M | 13x |
| Short | MEXC CYS_USDT | 0.1628 | 0.0100 | get 0.0050% / 4h | 2h 37m | $1.5M | $234K | 50x |
Bybit CYSUSDT
MEXC CYS_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
- −$81.3
- Price spread: −0.061% → −0.028%
- −$3.29
- Slippage, 4 orders
- −$194.08
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$289.67
- Costs to cover
- 2.051%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 4 min ago; MEXC: 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 Bybit live order book, 4 min ago | 3.08 bp | 90.4 bp −$90 | 2582.9 bp −$25.8K | doesn't fit | doesn't fit |
| Sell MEXC live order book, 4 min ago | 3.09 bp | 18.4 bp −$18 | 107.4 bp −$1,074 | 343.0 bp −$34.3K | doesn't fit |
CYS on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster CYSUSDT | +0.0100% | 4h | 0.1628 | −0.038% | $259K | $88K | 10x | as long as short |
| Binance CYSUSDT | +0.0100% | 4h | 0.1629 | 0.000% | $4.3M | $4.9M | 20x | as long as short |
| MEXC CYS_USDTshort | +0.0100% | 4h | 0.1628 | −0.061% | $1.5M | $234K | 50x | |
| KuCoin CYSUSDTM | +0.0100% | 4h | 0.1629 | 0.000% | $1.4M | $151K | 20x | as long as short |
| Bitget CYSUSDT | +0.0100% | 4h | 0.1628 | −0.043% | $1.7M | $728K | 25x | as long as short |
| Variational Omni CYS | +0.0100% | 4h | 0.1621 | −0.507% | $34K | $13K | — | as long as short |
| edgeX CYSUSDC | +0.0117% | 4h | 0.1631 | +0.146% | $7K | $110K | 10x | as long as short |
| BingX CYS-USDT | +0.0428% | 4h | 0.1629 | 0.000% | — | $1.3M | — | as long as short |
| Bybit CYSUSDTlong | +0.0487% | 4h | 0.1629 | long leg | $1.5M | $1.1M | 13x | |
| Gate CYS_USDT | +0.1024% | 4h | 0.1635 | +0.368% | $637K | $118K | 20x | as long as short |
Aster CYSUSDT
Binance CYSUSDT
KuCoin CYSUSDTM
Bitget CYSUSDT
Variational Omni CYS
edgeX CYSUSDC
BingX CYS-USDT
Gate CYS_USDT