Funding you earn now, next payment 00:00 UTC+0.0166%/8h= +18.2% APRnext payment +$1.66 per $10,000 · paid last 24h +0.023%
Price spread now: Bybit against MEXC+0.214%7-day average +0.174% · you sell dearer than you buy
Net, funding: paid 7d − costs−$254as in the Funding arb table
Net, price: spread back to 7d avg − costs−$258as in the Price arb table
costs, in and out, $10k−$2622.622% of the position
Funding, last 7 days+0.078%+$8 on $10k
+Price spread, last 4 days (all we have)+0.141%+$14 · spread now +0.214%, 7d avg +0.174%
=Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Bybit is 0.040% dearer against MEXC than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.174%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC GMESTOCK_USDT | 23.330 | 0 | get 0.0000% / 8h | 2h 25m | $421K | $122K | 20x |
| Short | Bybit GMESTOCKUSDT | 23.380 | 0.0166 | get 0.0166% / 8h | 2h 25m | $336K | $279K | 25x |
MEXC GMESTOCK_USDT
Bybit GMESTOCKUSDTFunding 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
- $34.95
- Price spread: +0.214% → +0.174%
- $4
- Slippage, 4 orders
- −$251.17
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$223.21
- Costs to cover
- 2.622%
- Break-even
- 51.7 days
Slippage from MEXC: live order book, 57 min ago; Bybit: live order book, 57 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, 57 min ago | 2.19 bp | 2.2 bp −$2 | 13.7 bp −$137 | 184.8 bp −$18.5K | 287.9 bp −$144.0K |
| Sell Bybit live order book, 57 min ago | 13.10 bp | 133.8 bp −$134 | doesn't fit | doesn't fit | doesn't fit |
GMESTOCK on 2 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 | |
|---|---|---|---|---|---|---|---|---|
| MEXC GMESTOCK_USDTlong | 0.0000% | 8h | 23.330 | long leg | $421K | $122K | 20x | |
| Bybit GMESTOCKUSDTshort | +0.0166% | 8h | 23.380 | +0.214% | $336K | $279K | 25x |