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
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%
=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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit DOSUSDT | 0.2168 | 0.0100 | pay 0.0050% / 4h | 3h 16m | $836K | $168K | 20x |
| Short | MEXC DOS_USDT | 0.2166 | 0.0558 | get 0.0279% / 4h | 3h 16m | $484K | $163K | 20x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Bybit live order book, 54 min ago | 2.29 bp | 447.3 bp −$447 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 48 min ago | 4.57 bp | 10.4 bp −$10 | 39.6 bp −$396 | 237.7 bp −$23.8K | 832.4 bp −$416.2K |
DOS on 11 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit DOSUSDTlong | +0.0100% | 4h | 0.2168 | long leg | $836K | $168K | 20x | |
| Gate DOS_USDT | +0.0100% | 4h | 0.2165 | −0.138% | $177K | $155K | 20x | as long as short |
| KuCoin DOSUSDTM | +0.0100% | 4h | 0.2165 | −0.148% | $295K | $884K | 20x | as long as short |
| Bitget DOSUSDT | +0.0100% | 4h | 0.2166 | −0.097% | $211K | $292K | 10x | as long as short |
| HTX DOS-USDT | +0.0100% | 4h | 0.2168 | 0.000% | $14K | $364K | 10x | as long as short |
| OKX DOS-USDT-SWAP | +0.0256% | 4h | 0.2167 | −0.046% | $1.2M | $2.1M | 20x | as long as short |
| BloFin DOS-USDT | +0.0516% | 4h | 0.2167 | −0.046% | $112K | $22K | 20x | as long as short |
| BingX DOS-USDT | +0.0544% | 4h | 0.2168 | 0.000% | — | $1.6M | — | as long as short |
| MEXC DOS_USDTshort | +0.0558% | 4h | 0.2166 | −0.092% | $484K | $163K | 20x | |
| Binance DOSUSDT | +0.0558% | 4h | 0.2168 | +0.001% | $2.2M | $2.4M | 20x | as long as short |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster DOSUSDT | +0.0776% | 4h | 0.2166 | −0.110% | $6K | $13K | 5x | as long as short |
Bybit DOSUSDT
MEXC DOS_USDT
Gate DOS_USDT
KuCoin DOSUSDTM
Bitget DOSUSDT
HTX DOS-USDT
OKX DOS-USDT-SWAP
BloFin DOS-USDT
BingX DOS-USDT
Binance DOSUSDT
Aster DOSUSDT