Funding you earn now, next payment 00:00 UTC−0.0372%/8h= −40.7% APRnext payment −$1.86 per $10,000 · paid last 24h −0.075%
Price spread now: Bybit against MEXC0.000%7-day average −0.046% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,022as in the Funding arb table
Net, price: spread back to 7d avg − costs−$999as in the Price arb table
costs, in and out, $10k−$1,00310.034% of the position
Funding, last 7 days−0.186%−$19 on $10k
+Price spread, last 4 days (all we have)−0.048%−$5 · spread now 0.000%, 7d avg −0.046%
=The price spread pays, funding is against you. Bybit is 0.046% dearer against MEXC than usual: you sell high and buy low (spread 0.000% now, against its 7-day average of −0.046%): +$5 on $10k if it goes back. Holding the pair costs −$11 a day in funding at the current rate, which eats that in about 10 hours. At the pace of the last 7 days (−0.186% in total) that is about 41 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.186% in total (about -9.7% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.86 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 DOS_USDT | 0.2161 | 0.0480 | pay 0.0240% / 4h | 1h 22m | $486K | $157K | 20x |
| Short | Bybit DOSUSDT | 0.2161 | 0.0108 | get 0.0054% / 4h | 1h 22m | $838K | $177K | 20x |
Funding 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
- −$78.09
- Price spread: 0.000% → −0.046%
- $4.57
- Slippage, 4 orders
- −$988.4
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$1,076.91
- Costs to cover
- 10.034%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 52 min ago; Bybit: live order book, 57 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, 52 min ago | 4.59 bp | 10.5 bp −$11 | 38.1 bp −$381 | 241.9 bp −$24.2K | 794.5 bp −$397.2K |
| Sell Bybit live order book, 57 min ago | 6.89 bp | 502.8 bp −$503 | doesn't fit | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Gate DOS_USDT | +0.0100% | 4h | 0.2160 | −0.046% | $182K | $120K | 20x | as long as short |
| KuCoin DOSUSDTM | +0.0100% | 4h | 0.2159 | −0.083% | $294K | $846K | 20x | as long as short |
| Bitget DOSUSDT | +0.0100% | 4h | 0.2160 | −0.042% | $214K | $225K | 10x | as long as short |
| HTX DOS-USDT | +0.0100% | 4h | 0.2164 | +0.139% | $14K | $360K | 10x | as long as short |
| Bybit DOSUSDTshort | +0.0108% | 4h | 0.2161 | 0.000% | $838K | $177K | 20x | |
| OKX DOS-USDT-SWAP | +0.0319% | 4h | 0.2163 | +0.093% | $1.2M | $2.0M | 20x | as long as short |
| BingX DOS-USDT | +0.0458% | 4h | 0.2162 | +0.046% | — | $1.6M | — | as long as short |
| MEXC DOS_USDTlong | +0.0480% | 4h | 0.2161 | long leg | $486K | $157K | 20x | |
| Binance DOSUSDT | +0.0489% | 4h | 0.2162 | +0.045% | $2.1M | $2.1M | 20x | as long as short |
| BloFin DOS-USDT | +0.0498% | 4h | 0.2160 | −0.046% | $109K | $21K | 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 | +0.0796% | 4h | 0.2162 | +0.043% | $6K | $11K | 5x | as long as short |
MEXC DOS_USDT
Bybit DOSUSDT
Gate DOS_USDT
KuCoin DOSUSDTM
Bitget DOSUSDT
HTX DOS-USDT
OKX DOS-USDT-SWAP
BingX DOS-USDT
Binance DOSUSDT
BloFin DOS-USDT
Aster DOSUSDT