Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.006%
Price spread now: MEXC against Bybit0.000%7-day average +0.038% · you sell dearer than you buy
Net, funding: paid 7d − costs−$92as in the Funding arb table
Net, price: spread back to 7d avg − costs−$94as in the Price arb table
costs, in and out, $10k−$910.907% of the position
Funding, last 7 days−0.017%−$2 on $10k
+Price spread, last 4 days (all we have)+0.009%+$1 · spread now 0.000%, 7d avg +0.038%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.038% cheaper against Bybit than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.038%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit GMTUSDT | 0.008377 | 0.0100 | pay 0.0100% / 8h | 53m 40s | $1.1M | $1.1M | 50x |
| Short | MEXC GMT_USDT | 0.008377 | 0.0100 | get 0.0050% / 4h | 53m 40s | $423K | $182K | 20x |
Bybit GMTUSDT
MEXC GMT_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
- $0
- Price spread: 0.000% → +0.038%
- −$3.76
- Slippage, 4 orders
- −$75.66
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$94.42
- Costs to cover
- 0.907%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 2 min ago; MEXC: live order book, 7 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 | 1.19 bp | 36.0 bp −$36 | 292.5 bp −$2,925 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 7 min ago | 2.39 bp | 10.5 bp −$10 | 40.5 bp −$405 | 243.7 bp −$24.4K | doesn't fit |
GMT 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_GMTUSD | −0.1556% | 1h | 0.008383 | +0.071% | $46K | $11K | 20x | as long as short |
| KuCoin GMTUSDTM | +0.0072% | 4h | 0.008380 | +0.036% | $251K | $101K | 50x | as long as short |
| Hyperliquid GMT | +0.0100% | 1h | 0.008378 | +0.012% | $123K | $123K | 3x | as long as short |
| Aster GMTUSDT | +0.0100% | 4h | 0.008379 | +0.022% | $8K | $14K | 10x | as long as short |
| Binance GMTUSDT | +0.0100% | 4h | 0.008376 | −0.008% | $2.7M | $3.0M | 50x | as long as short |
| Bybit GMTUSDTlong | +0.0100% | 8h | 0.008377 | long leg | $1.1M | $1.1M | 50x | |
| OKX GMT-USDT-SWAP | +0.0100% | 4h | 0.008370 | −0.084% | $348K | $555K | 20x | as long as short |
| Gate GMT_USDT | +0.0100% | 8h | 0.008380 | +0.036% | $147K | $105K | 50x | as long as short |
| MEXC GMT_USDTshort | +0.0100% | 4h | 0.008377 | 0.000% | $423K | $182K | 20x | |
| Bitget GMTUSDT | +0.0100% | 4h | 0.008376 | −0.012% | $675K | $400K | 50x | as long as short |
Kraken Futures PF_GMTUSD
KuCoin GMTUSDTM
Hyperliquid GMT
Aster GMTUSDT
Binance GMTUSDT
OKX GMT-USDT-SWAP
Gate GMT_USDT
Bitget GMTUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni GMT | +0.0100% | 8h | 0.008370 | −0.079% | $3K | $5K | — | as long as short |
| BingX GMT-USDT | +0.0200% | 4h | 0.008373 | −0.048% | — | $1.2M | — | as long as short |
Variational Omni GMT
BingX GMT-USDT