Funding you earn now, next payment 08:00 UTC−0.0924%/8h= −101.1% APRnext payment −$4.62 per $10,000 · paid last 24h −0.874%
Price spread now: MEXC against Bybit+0.190%7-day average −0.092% · you sell dearer than you buy
Net, funding: paid 7d − costs−$211as in the Funding arb table
Net, price: spread back to 7d avg − costs−$92as in the Price arb table
costs, in and out, $10k−$1211.207% of the position
Funding, last 7 days−0.900%−$90 on $10k
+Price spread, last 7 days−0.334%−$33 · spread now +0.190%, 7d avg −0.092%
=The price spread pays, funding is against you. MEXC is 0.282% dearer against Bybit than usual: you sell high and buy low (spread +0.190% now, against its 7-day average of −0.092%): +$28 on $10k if it goes back. Holding the pair costs −$28 a day in funding at the current rate, which eats that in about 24 hours. At the pace of the last 7 days (−0.900% in total) that is about 2.2 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit ESPUSDT | 0.09471 | 0.1024 | pay 0.0512% / 4h | 58m 37s | $1.1M | $648K | 50x |
| Short | MEXC ESP_USDT | 0.09489 | 0.0100 | get 0.0050% / 4h | 58m 37s | $1.3M | $129K | 20x |
Bybit ESPUSDT
MEXC ESP_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
- −$193.94
- Price spread: +0.190% → −0.092%
- $28.23
- Slippage, 4 orders
- −$105.72
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$286.43
- Costs to cover
- 1.207%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 2 min ago; MEXC: live order book, 3 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, 2 min ago | 4.22 bp | 51.5 bp −$51 | 334.0 bp −$3,340 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 3 min ago | 0.53 bp | 7.6 bp −$8 | 40.2 bp −$402 | 387.7 bp −$38.8K | doesn't fit |
ESP 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin ESP-USDT | +0.0097% | 4h | 0.09497 | +0.275% | $127K | $34K | 25x | as long as short |
| Aster ESPUSDT | +0.0100% | 4h | 0.09488 | +0.178% | $7K | $17K | 5x | as long as short |
| Binance ESPUSDT | +0.0100% | 4h | 0.09488 | +0.179% | $2.4M | $4.1M | 25x | as long as short |
| OKX ESP-USDT-SWAP | +0.0100% | 4h | 0.09497 | +0.275% | $602K | $1.1M | 20x | as long as short |
| Gate ESP_USDT | +0.0100% | 8h | 0.09498 | +0.285% | $186K | $591K | 50x | as long as short |
| MEXC ESP_USDTshort | +0.0100% | 4h | 0.09489 | +0.190% | $1.3M | $129K | 20x | |
| KuCoin ESPUSDTM | +0.0100% | 4h | 0.09506 | +0.370% | $1.5M | $41K | 25x | as long as short |
| Bitget ESPUSDT | +0.0100% | 4h | 0.09491 | +0.206% | $954K | $135K | 20x | as long as short |
| edgeX ESPUSDC | +0.0118% | 4h | 0.09495 | +0.249% | $29K | $268K | 10x | as long as short |
| Bybit ESPUSDTlong | +0.1024% | 4h | 0.09471 | long leg | $1.1M | $648K | 50x |
BloFin ESP-USDT
Aster ESPUSDT
Binance ESPUSDT
OKX ESP-USDT-SWAP
Gate ESP_USDT
KuCoin ESPUSDTM
Bitget ESPUSDT
edgeX ESPUSDCShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX ESP-USDT | +0.1084% | 4h | 0.09485 | +0.148% | — | $1.7M | — | as long as short |
BingX ESP-USDT