Funding you earn now, next payment 08:00 UTC+0.0312%/8h= +34.2% APRnext payment +$1.56 per $10,000 · paid last 24h +0.011%
Price spread now: Bybit against MEXC+0.123%7-day average +0.028% · you sell dearer than you buy
Net, funding: paid 7d − costs−$186as in the Funding arb table
Net, price: spread back to 7d avg − costs−$194as in the Price arb table
costs, in and out, $10k−$2042.038% of the position
Funding, last 7 days+0.179%+$18 on $10k
+Price spread, last 7 days−0.212%−$21 · spread now +0.123%, 7d avg +0.028%
=Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and Bybit is 0.094% dearer against MEXC than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of +0.028%.
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 +$1.56 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 | MEXC CYS_USDT | 0.1628 | 0.0114 | pay 0.0057% / 4h | 1h 59m | $1.5M | $239K | 50x |
| Short | Bybit CYSUSDT | 0.1630 | 0.0426 | get 0.0213% / 4h | 1h 59m | $1.5M | $1.1M | 13x |
MEXC CYS_USDT
Bybit CYSUSDTFunding 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
- $65.52
- Price spread: +0.123% → +0.028%
- $9.44
- Slippage, 4 orders
- −$192.79
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$128.84
- Costs to cover
- 2.038%
- Break-even
- 20.8 days
Slippage from MEXC: live order book, 2 min ago; Bybit: live order book, 1 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, 2 min ago | 6.13 bp | 24.9 bp −$25 | 96.7 bp −$967 | 422.5 bp −$42.2K | doesn't fit |
| Sell Bybit live order book, 1 min ago | 3.07 bp | 68.1 bp −$68 | 668.5 bp −$6,685 | doesn't fit | 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 | 0.1630 | +0.138% | $259K | $89K | 10x | as long as short |
| KuCoin CYSUSDTM | +0.0100% | 4h | 0.1629 | +0.061% | $1.4M | $153K | 20x | as long as short |
| Bitget CYSUSDT | +0.0100% | 4h | 0.1630 | +0.098% | $1.7M | $699K | 25x | as long as short |
| MEXC CYS_USDTlong | +0.0114% | 4h | 0.1628 | long leg | $1.5M | $239K | 50x | |
| Binance CYSUSDT | +0.0115% | 4h | 0.1630 | +0.124% | $4.3M | $5.0M | 20x | as long as short |
| edgeX CYSUSDC | +0.0122% | 4h | 0.1632 | +0.218% | $7K | $111K | 10x | as long as short |
| Variational Omni CYS | +0.0175% | 4h | 0.1631 | +0.196% | $34K | $13K | — | as long as short |
| Bybit CYSUSDTshort | +0.0426% | 4h | 0.1630 | +0.123% | $1.5M | $1.1M | 13x | |
| BingX CYS-USDT | +0.0484% | 4h | 0.1628 | 0.000% | — | $1.3M | — | as long as short |
| Gate CYS_USDT | +0.0880% | 4h | 0.1631 | +0.184% | $633K | $128K | 20x | as long as short |
Aster CYSUSDT
KuCoin CYSUSDTM
Bitget CYSUSDT
Binance CYSUSDT
edgeX CYSUSDC
Variational Omni CYS
BingX CYS-USDT
Gate CYS_USDT