Settings8H · net · $10k
Funding arb · Price arb /

DOS

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0458%/8h= +50.2% APRnext payment +$2.29 per $10,000 · paid last 24h +0.090%
Price spread now: MEXC against Bybit−0.092%7-day average +0.047% · you buy dearer than you sell
Net, funding: paid 7d − costs−$753as in the Funding arb table
Net, price: spread back to 7d avg − costs−$788as in the Price arb table
costs, in and out, $10k−$7747.737% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.205%+$21 on $10k
Price spread, last 4 days (all we have)+0.140%+$14 · spread now −0.092%, 7d avg +0.047%
Together, before fees+0.345%+$35 on $10k · with fees, hour by hour
Funding pays, the price is against you. MEXC is 0.139% cheaper against Bybit than usual: you would sell low and buy high (spread −0.092% now, against its 7-day average of +0.047%). If the spread goes back, that is −$14 on $10k: about 24 hours of funding at the current rate (+$14 a day). At the pace of the last 7 days (+0.205% in total) that is about 4.7 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.205% in total (about 10.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.29 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit DOSUSDT0.21680.0100pay 0.0050% / 4h3h 16m$836K$168K20x
ShortMEXC DOS_USDT0.21660.0558get 0.0279% / 4h3h 16m$484K$163K20x

Funding 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$96.18
Price spread: −0.092% → +0.047%
−$13.91
Slippage, 4 orders
−$758.69
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$691.41
Costs to cover
7.737%
Break-even
57.3 days
Slippage from Bybit: live order book, 54 min ago; MEXC: live order book, 48 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 54 min ago2.29 bp447.3 bp −$447doesn't fitdoesn't fitdoesn't fit
Sell MEXC live order book, 48 min ago4.57 bp10.4 bp −$1039.6 bp −$396237.7 bp −$23.8K832.4 bp −$416.2K

DOS on 11 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit DOSUSDTlong+0.0100%4h0.2168long leg$836K$168K20x
Gate DOS_USDT+0.0100%4h0.2165−0.138%$177K$155K20xas long as short
KuCoin DOSUSDTM+0.0100%4h0.2165−0.148%$295K$884K20xas long as short
Bitget DOSUSDT+0.0100%4h0.2166−0.097%$211K$292K10xas long as short
HTX DOS-USDT+0.0100%4h0.21680.000%$14K$364K10xas long as short
OKX DOS-USDT-SWAP+0.0256%4h0.2167−0.046%$1.2M$2.1M20xas long as short
BloFin DOS-USDT+0.0516%4h0.2167−0.046%$112K$22K20xas long as short
BingX DOS-USDT+0.0544%4h0.21680.000%$1.6Mas long as short
MEXC DOS_USDTshort+0.0558%4h0.2166−0.092%$484K$163K20x
Binance DOSUSDT+0.0558%4h0.2168+0.001%$2.2M$2.4M20xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster DOSUSDT+0.0776%4h0.2166−0.110%$6K$13K5xas long as short