Funding you earn now, next payment 08:00 UTC−0.0352%/8h= −38.5% APRnext payment −$1.76 per $10,000 · paid last 24h +0.051%
Price spread now: MEXC against Bybit+0.126%7-day average +0.183% · you sell dearer than you buy
Net, funding: paid 7d − costs−$654as in the Funding arb table
Net, price: spread back to 7d avg − costs−$651as in the Price arb table
costs, in and out, $10k−$6456.454% of the position
Funding, last 7 days−0.084%−$8 on $10k
+Price spread, last 4 days (all we have)−0.116%−$12 · spread now +0.126%, 7d avg +0.183%
=Both sides work against this trade now: funding costs −$11 a day on $10k at the current rate, and MEXC is 0.057% cheaper against Bybit than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of +0.183%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.084% in total (about -4.4% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.76 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 | Bybit FOLKSUSDT | 2.1513 | 0.0554 | pay 0.0277% / 4h | 3h 51m | $1.2M | $348K | 20x |
| Short | MEXC FOLKS_USDT | 2.1540 | 0.0202 | get 0.0101% / 4h | 3h 51m | $973K | $188K | 100x |
Bybit FOLKSUSDT
MEXC FOLKS_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
- −$73.89
- Price spread: +0.126% → +0.183%
- −$5.71
- Slippage, 4 orders
- −$634.35
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$724.95
- Costs to cover
- 6.454%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 4 min ago; MEXC: live order book, 59 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, 4 min ago | 4.64 bp | 310.8 bp −$311 | 7384.0 bp −$73.8K | doesn't fit | doesn't fit |
| Sell MEXC live order book, 59 min ago | 4.64 bp | 15.5 bp −$16 | 102.0 bp −$1,020 | 338.6 bp −$33.9K | doesn't fit |
FOLKS 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 | |
|---|---|---|---|---|---|---|---|---|
| Lighter FOLKS | +0.0096% | 1h | 2.1576 | +0.293% | $73K | $2K | 3x | as long as short |
| Aster FOLKSUSDT | +0.0100% | 4h | 2.1471 | −0.197% | $44K | $12K | 5x | as long as short |
| Gate FOLKS_USDT | +0.0100% | 8h | 2.1460 | −0.246% | $262K | $121K | 50x | as long as short |
| KuCoin FOLKSUSDTM | +0.0100% | 4h | 2.1440 | −0.339% | $1.2M | $2.8M | 50x | as long as short |
| Variational Omni FOLKS | +0.0100% | 4h | 2.1500 | −0.062% | $14K | $5K | — | as long as short |
| Bitget FOLKSUSDT | +0.0188% | 4h | 2.1511 | −0.009% | $1.0M | $169K | 50x | as long as short |
| MEXC FOLKS_USDTshort | +0.0202% | 4h | 2.1540 | +0.126% | $973K | $188K | 100x | |
| Binance FOLKSUSDT | +0.0203% | 4h | 2.1540 | +0.126% | $6.3M | $1.6M | 50x | as long as short |
| BingX FOLKS-USDT | +0.0206% | 4h | 2.1530 | +0.079% | — | $6.5M | — | as long as short |
| BloFin FOLKS-USDT | +0.0240% | 4h | 2.1610 | +0.451% | $418K | $30K | 50x | as long as short |
Lighter FOLKS
Aster FOLKSUSDT
Gate FOLKS_USDT
KuCoin FOLKSUSDTM
Variational Omni FOLKS
Bitget FOLKSUSDT
Binance FOLKSUSDT
BingX FOLKS-USDT
BloFin FOLKS-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit FOLKSUSDTlong | +0.0554% | 4h | 2.1513 | long leg | $1.2M | $348K | 20x |