Funding you earn now, next payment 04:00 UTC−0.1200%/8h= −131.4% APRnext payment −$6.00 per $10,000 · paid last 24h −0.142%
Price spread now: Bybit against MEXC+0.056%7-day average −0.150% · you sell dearer than you buy
Net, funding: paid 7d − costs−$480as in the Funding arb table
Net, price: spread back to 7d avg − costs−$384as in the Price arb table
costs, in and out, $10k−$4054.045% of the position
Funding, last 7 days−0.750%−$75 on $10k
+Price spread, last 4 days (all we have)−0.550%−$55 · spread now +0.056%, 7d avg −0.150%
=The price spread pays, funding is against you. Bybit is 0.205% dearer against MEXC than usual: you sell high and buy low (spread +0.056% now, against its 7-day average of −0.150%): +$21 on $10k if it goes back. Holding the pair costs −$36 a day in funding at the current rate, which eats that in about 14 hours. At the pace of the last 7 days (−0.750% in total) that is about 46 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.750% in total (about -39.1% a year). A funding rate is set anew for every payment; at this rate the next one is about −$6.00 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 FIGHT_USDT | 0.003591 | 0.1300 | pay 0.0650% / 4h | 1h 14m | $214K | $125K | 20x |
| Short | Bybit FIGHTUSDT | 0.003593 | 0.0100 | get 0.0050% / 4h | 1h 14m | $1.6M | $231K | 20x |
MEXC FIGHT_USDT
Bybit FIGHTUSDTFunding 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
- −$252
- Price spread: +0.056% → −0.150%
- $20.52
- Slippage, 4 orders
- −$389.5
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$635.98
- Costs to cover
- 4.045%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 21 min ago; Bybit: live order book, 2 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, 21 min ago | 4.18 bp | 25.6 bp −$26 | 164.5 bp −$1,645 | 373.9 bp −$37.4K | doesn't fit |
| Sell Bybit live order book, 2 min ago | 15.27 bp | 186.7 bp −$187 | doesn't fit | doesn't fit | doesn't fit |
FIGHT on 8 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 FIGHTUSDTshort | +0.0100% | 4h | 0.003593 | +0.056% | $1.6M | $231K | 20x | |
| KuCoin FIGHTUSDTM | +0.0100% | 4h | 0.003580 | −0.306% | $452K | $26K | 20x | as long as short |
| Aster FIGHTUSDT | +0.0767% | 4h | 0.003584 | −0.195% | $13K | $6K | 5x | as long as short |
| Gate FIGHT_USDT | +0.0884% | 4h | 0.003588 | −0.084% | $223K | $61K | 20x | as long as short |
| Bitget FIGHTUSDT | +0.1264% | 4h | 0.003583 | −0.223% | $1.1M | $129K | 5x | as long as short |
| MEXC FIGHT_USDTlong | +0.1300% | 4h | 0.003591 | long leg | $214K | $125K | 20x | |
| Binance FIGHTUSDT | +0.1322% | 4h | 0.003591 | −0.008% | $3.3M | $1.3M | 20x | as long as short |
| BloFin FIGHT-USDT | +0.1326% | 4h | 0.003593 | +0.056% | $310K | $7K | 20x | as long as short |
KuCoin FIGHTUSDTM
Aster FIGHTUSDT
Gate FIGHT_USDT
Bitget FIGHTUSDT
Binance FIGHTUSDT
BloFin FIGHT-USDT