Funding you earn now, next payment 00:00 UTC−0.0160%/8h= −17.6% APRnext payment −$0.80 per $10,000 · paid last 24h −0.005%
Price spread now: MEXC against Bybit−0.016%7-day average −0.026% · you buy dearer than you sell
Net, funding: paid 7d − costs−$86as in the Funding arb table
Net, price: spread back to 7d avg − costs−$82as in the Price arb table
costs, in and out, $10k−$830.832% of the position
Funding, last 7 days−0.029%−$3 on $10k
+Price spread, last 7 days+0.089%+$9 · spread now −0.016%, 7d avg −0.026%
=The price spread sits at its 7-day average of −0.026%, so right now this pair is about funding alone: −$5 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit FFUSDT | 0.1274 | −0.0074 | get 0.0037% / 4h | 8m 24s | $14.3M | $6.9M | 20x |
| Short | MEXC FF_USDT | 0.1274 | −0.0234 | pay 0.0117% / 4h | 8m 24s | $10.1M | $1.9M | 50x |
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
- −$33.69
- Price spread: −0.016% → −0.026%
- $1.06
- Slippage, 4 orders
- −$68.2
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$115.82
- Costs to cover
- 0.832%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 5 min ago; MEXC: live order book, 4 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, 5 min ago | 0.39 bp | 38.3 bp −$38 | 294.9 bp −$2,949 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 4 min ago | 0.79 bp | 6.3 bp −$6 | 36.5 bp −$365 | 228.5 bp −$22.9K | doesn't fit |
FF 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 FF-USDT | −0.0241% | 4h | 0.1275 | +0.039% | $2.3M | $314K | 20x | as long as short |
| Binance FFUSDT | −0.0236% | 4h | 0.1274 | −0.028% | $43.1M | $25.4M | 20x | as long as short |
| MEXC FF_USDTshort | −0.0234% | 4h | 0.1274 | −0.016% | $10.1M | $1.9M | 50x | |
| Bybit FFUSDTlong | −0.0074% | 4h | 0.1274 | long leg | $14.3M | $6.9M | 20x | |
| Aster FFUSDT | +0.0100% | 4h | 0.1276 | +0.090% | $1.2M | $23K | 5x | as long as short |
| Gate FF_USDT | +0.0100% | 4h | 0.1276 | +0.126% | $26.9M | $2.1M | 50x | as long as short |
| KuCoin FFUSDTM | +0.0100% | 4h | 0.1277 | +0.220% | $8.7M | $5.6M | 20x | as long as short |
| Bitget FFUSDT | +0.0100% | 4h | 0.1276 | +0.110% | $18.6M | $1.6M | 5x | as long as short |
| BingX FF-USDT | +0.0100% | 4h | 0.1274 | 0.000% | — | $6.8M | — | as long as short |
| SunX FF-USDT | +0.0100% | 4h | 0.1273 | −0.126% | $2K | $1.7M | 20x | as long as short |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter FF | +0.0368% | 1h | 0.1278 | +0.275% | $135K | $42K | 3x | as long as short |
Bybit FFUSDT
MEXC FF_USDT
BloFin FF-USDT
Binance FFUSDT
Aster FFUSDT
Gate FF_USDT
KuCoin FFUSDTM
Bitget FFUSDT
BingX FF-USDT
SunX FF-USDT
Lighter FF