Funding you earn now, next payment 08:00 UTC+0.0024%/8h= +2.6% APRnext payment +$0.24 per $10,000 · paid last 24h −0.004%
Price spread now: Bybit against MEXC+0.229%7-day average +0.025% · you sell dearer than you buy
Net, funding: paid 7d − costs−$50as in the Funding arb table
Net, price: spread back to 7d avg − costs−$23as in the Price arb table
costs, in and out, $10k−$430.433% of the position
Funding, last 7 days−0.067%−$7 on $10k
+Price spread, last 4 days (all we have)−0.186%−$19 · spread now +0.229%, 7d avg +0.025%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Bybit is 0.204% dearer against MEXC than usual: you sell high and buy low: +$20 more if the spread goes back to its 7-day average of +0.025%. Mind the row above: over the last 7 days funding on this pair cost −0.067%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC FIL_USDC | 1.0034 | 0.0076 | pay 0.0076% / 8h | 6h 28m | $246K | $104K | 50x |
| Short | Bybit FILUSDT | 1.0057 | 0.0100 | get 0.0100% / 8h | 6h 28m | $16.0M | $19.0M | 25x |
MEXC FIL_USDC
Bybit FILUSDTFunding 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
- $5.04
- Price spread: +0.229% → +0.025%
- $20.44
- Slippage, 4 orders
- −$32.35
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$17.87
- Costs to cover
- 0.433%
- Break-even
- 31.8 days
Slippage from MEXC: live order book, 21 min ago; Bybit: live order book, just now.
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 | 3.50 bp | 7.7 bp −$8 | 13.3 bp −$133 | 67.9 bp −$6,793 | doesn't fit |
| Sell Bybit live order book, just now | 0.50 bp | 11.9 bp −$12 | 35.3 bp −$353 | 154.6 bp −$15.5K | doesn't fit |
FIL on 28 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International FIL-PERP-INTX | −0.0296% | 1h | 0.9999 | −0.349% | $367K | $2.1M | 50x | as long as short |
| Kraken Futures PF_FILUSD | −0.0190% | 1h | 1.0063 | +0.291% | $1.4M | $2.4M | 50x | as long as short |
| OKX FIL-USDT-SWAP | −0.0054% | 8h | 1.0055 | +0.209% | $18.6M | $100.1M | 50x | as long as short |
| KuCoin FILUSDTM | −0.0037% | 8h | 1.0046 | +0.120% | $7.5M | $7.2M | 50x | as long as short |
| gTrade (Gains Network) FIL/USD | L −0.0004% / S +0.0006% | 1h | 1.0051 | +0.165% | $26K | — | 150x | as long as short |
| dYdX FIL-USD | 0.0000% | 1h | 1.0016 | −0.178% | $58K | $2K | 10x | as long as short |
| Deribit FIL_USDC-PERPETUAL | 0.0000% | 1h | 1.0065 | +0.309% | $173K | $23K | 25x | as long as short |
| Injective FIL/USDC PERP | +0.0033% | 1h | 0.9855 | −1.784% | $2K | $240K | 12x | as long as short |
| Binance FILUSDT | +0.0036% | 8h | 1.0049 | +0.148% | $58.1M | $180.7M | 75x | as long as short |
| Extended FIL-USD | +0.0040% | 1h | 1.0054 | +0.195% | $706K | $3.3M | 10x | as long as short |
Coinbase International FIL-PERP-INTX
Kraken Futures PF_FILUSD
OKX FIL-USDT-SWAP
KuCoin FILUSDTM
gTrade (Gains Network) FIL/USD
dYdX FIL-USD
Deribit FIL_USDC-PERPETUAL
Injective FIL/USDC PERP
Binance FILUSDT
Extended FIL-USDShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC FIL_USDClong | +0.0076% | 8h | 1.0034 | long leg | $246K | $104K | 50x | |
| Lighter FIL | +0.0096% | 1h | 1.0013 | −0.209% | $160K | $352K | 5x | as long as short |
| Gate FIL_USDT | +0.0096% | 8h | 1.0049 | +0.149% | $8.4M | $16.3M | 50x | as long as short |
| Hyperliquid FIL | +0.0100% | 1h | 1.0046 | +0.120% | $8.6M | $9.5M | 5x | as long as short |
| Aster FILUSDT | +0.0100% | 8h | 1.0033 | −0.012% | $513K | $605K | 20x | as long as short |
| Bybit FILUSDTshort | +0.0100% | 8h | 1.0057 | +0.229% | $16.0M | $19.0M | 25x | |
| Bitget FILUSDT | +0.0100% | 8h | 1.0058 | +0.239% | $11.1M | $21.8M | 75x | as long as short |
| BingX FIL-USDT | +0.0100% | 8h | 1.0048 | +0.140% | — | $11.9M | — | as long as short |
| Variational Omni FIL | +0.0100% | 8h | 1.0007 | −0.270% | $451K | $269K | — | as long as short |
| edgeX FILUSDC | +0.0100% | 4h | 1.0001 | −0.328% | $46K | $295K | 10x | as long as short |
| GRVT FIL_USDT_Perp | +0.0100% | 8h | 0.9985 | −0.484% | $294K | $865K | 10x | as long as short |
| ApeX Omni FILUSDT | +0.0100% | 1h | 1.0000 | −0.339% | $30K | $189K | 50x | as long as short |
| Orderly PERP_FIL_USDC_mythos | +0.0100% | 4h | 1.0059 | +0.248% | $5K | — | 10x | as long as short |
| SunX FIL-USDT | +0.0100% | 8h | 1.0040 | +0.060% | $2K | $1.1M | 20x | as long as short |
| SoDEX FIL-USD | +0.0100% | 1h | 1.0054 | +0.199% | $496 | $11K | 5x | as long as short |
| HTX FIL-USDT | +0.0100% | 8h | 1.0009 | −0.249% | $649K | $5.8M | 75x | as long as short |
| Phemex FILUSDT | +0.0100% | 8h | 1.0000 | −0.339% | $1.1M | $2.3M | 50x | as long as short |
| GMX FIL/USD [WBTC.b-USDC] | L +0.0575% / S −0.0237% | 1h | 1.0050 | +0.163% | $268K | — | 100x | as long as short |
Lighter FIL
Gate FIL_USDT
Hyperliquid FIL
Aster FILUSDT
Bitget FILUSDT
BingX FIL-USDT
Variational Omni FIL
edgeX FILUSDC
GRVT FIL_USDT_Perp
ApeX Omni FILUSDT
Orderly PERP_FIL_USDC_mythos
SunX FIL-USDT
SoDEX FIL-USD
HTX FIL-USDT
Phemex FILUSDT
GMX FIL/USD [WBTC.b-USDC]