Funding you earn now, next payment 04:00 UTC+0.0040%/8h= +4.4% APRnext payment +$0.20 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against Bybit+0.055%7-day average +0.076% · you sell dearer than you buy
Net, funding: paid 7d − costs−$170as in the Funding arb table
Net, price: spread back to 7d avg − costs−$167as in the Price arb table
costs, in and out, $10k−$1651.651% of the position
Funding, last 7 days−0.049%−$5 on $10k
+Price spread, last 7 days0.000%$0 · spread now +0.055%, 7d avg +0.076%
=Funding pays, the price is against you. MEXC is 0.021% cheaper against Bybit than usual: you would sell low and buy high (spread +0.055% now, against its 7-day average of +0.076%). If the spread goes back, that is −$2 on $10k: about 42 hours of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit GENIUSUSDT | 0.3607 | 0.0100 | pay 0.0050% / 4h | 3h 39m | $1.6M | $2.3M | 25x |
| Short | MEXC GENIUS_USDT | 0.3609 | 0.0140 | get 0.0070% / 4h | 3h 39m | $471K | $313K | 20x |
Bybit GENIUSUSDT
MEXC GENIUS_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
- $8.4
- Price spread: +0.055% → +0.076%
- −$2.09
- Slippage, 4 orders
- −$150.13
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$158.82
- Costs to cover
- 1.651%
- Break-even
- 139.3 days
Slippage from Bybit: live order book, 2 min ago; MEXC: live order book, 25 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 | 2.77 bp | 62.4 bp −$62 | 1567.9 bp −$15.7K | doesn't fit | doesn't fit |
| Sell MEXC live order book, 25 min ago | 1.39 bp | 8.4 bp −$8 | 37.3 bp −$373 | 607.3 bp −$60.7K | doesn't fit |
GENIUS on 12 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 GENIUSUSDTlong | +0.0100% | 4h | 0.3607 | long leg | $1.6M | $2.3M | 25x | |
| Gate GENIUS_USDT | +0.0100% | 4h | 0.3605 | −0.055% | $250K | $446K | 20x | as long as short |
| KuCoin GENIUSUSDTM | +0.0100% | 4h | 0.3605 | −0.064% | $562K | $1.8M | 20x | as long as short |
| Bitget GENIUSUSDT | +0.0100% | 4h | 0.3604 | −0.072% | $761K | $1.1M | 20x | as long as short |
| Variational Omni GENIUS | +0.0100% | 4h | 0.3611 | +0.109% | $95K | $106K | — | as long as short |
| SunX GENIUS-USDT | +0.0100% | 4h | 0.3608 | +0.028% | $1K | $532K | 20x | as long as short |
| BingX GENIUS-USDT | +0.0136% | 4h | 0.3608 | +0.028% | — | $1.7M | — | as long as short |
| Binance GENIUSUSDT | +0.0139% | 4h | 0.3608 | +0.040% | $8.8M | $16.3M | 50x | as long as short |
| MEXC GENIUS_USDTshort | +0.0140% | 4h | 0.3609 | +0.055% | $471K | $313K | 20x | |
| Extended GENIUS-USD | +0.0144% | 1h | 0.3606 | −0.033% | $3K | $176K | 5x | as long as short |
Gate GENIUS_USDT
KuCoin GENIUSUSDTM
Bitget GENIUSUSDT
Variational Omni GENIUS
SunX GENIUS-USDT
BingX GENIUS-USDT
Binance GENIUSUSDT
Extended GENIUS-USDShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin GENIUS-USDT | +0.0164% | 4h | 0.3613 | +0.166% | $478K | $23K | 50x | as long as short |
| Aster GENIUSUSDT | +0.0504% | 4h | 0.3613 | +0.166% | $260K | $503K | 20x | as long as short |
BloFin GENIUS-USDT
Aster GENIUSUSDT