Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.006%
Price spread now: Bybit against MEXC−0.048%7-day average −0.038% · you buy dearer than you sell
Net, funding: paid 7d − costs−$84as in the Funding arb table
Net, price: spread back to 7d avg − costs−$87as in the Price arb table
costs, in and out, $10k−$860.858% of the position
Funding, last 7 days+0.017%+$2 on $10k
+Price spread, last 4 days (all we have)+0.051%+$5 · spread now −0.048%, 7d avg −0.038%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC GMT_USDT | 0.008356 | 0.0100 | pay 0.0050% / 4h | 6m 56s | $422K | $185K | 20x |
| Short | Bybit GMTUSDT | 0.008352 | 0.0100 | get 0.0100% / 8h | 6m 56s | $1.1M | $1.1M | 50x |
MEXC GMT_USDT
Bybit GMTUSDTFunding 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
- $0
- Price spread: −0.048% → −0.038%
- −$1.02
- Slippage, 4 orders
- −$70.84
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$86.86
- Costs to cover
- 0.858%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 54 min ago; Bybit: live order book, 4 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, 54 min ago | 2.39 bp | 9.2 bp −$9 | 56.1 bp −$561 | 268.7 bp −$26.9K | doesn't fit |
| Sell Bybit live order book, 4 min ago | 1.80 bp | 29.8 bp −$30 | 186.5 bp −$1,865 | doesn't fit | 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 | −0.1561% | 1h | 0.008358 | +0.024% | $46K | $11K | 20x | as long as short |
| Hyperliquid GMT | +0.0100% | 1h | 0.008353 | −0.036% | $123K | $123K | 3x | as long as short |
| Aster GMTUSDT | +0.0100% | 4h | 0.008359 | +0.042% | $8K | $14K | 10x | as long as short |
| Binance GMTUSDT | +0.0100% | 4h | 0.008360 | +0.052% | $2.7M | $3.1M | 50x | as long as short |
| Bybit GMTUSDTshort | +0.0100% | 8h | 0.008352 | −0.048% | $1.1M | $1.1M | 50x | |
| OKX GMT-USDT-SWAP | +0.0100% | 4h | 0.008351 | −0.060% | $348K | $564K | 20x | as long as short |
| Gate GMT_USDT | +0.0100% | 8h | 0.008350 | −0.072% | $145K | $105K | 50x | as long as short |
| MEXC GMT_USDTlong | +0.0100% | 4h | 0.008356 | long leg | $422K | $185K | 20x | |
| KuCoin GMTUSDTM | +0.0100% | 4h | 0.008350 | −0.072% | $249K | $99K | 50x | as long as short |
| Bitget GMTUSDT | +0.0100% | 4h | 0.008349 | −0.084% | $673K | $398K | 50x | as long as short |
Kraken Futures PF_GMTUSD
Hyperliquid GMT
Aster GMTUSDT
Binance GMTUSDT
OKX GMT-USDT-SWAP
Gate GMT_USDT
KuCoin GMTUSDTM
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 | 0.008327 | −0.350% | $3K | $5K | — | as long as short |
| BingX GMT-USDT | +0.0200% | 4h | 0.008357 | +0.012% | — | $1.2M | — | as long as short |
Variational Omni GMT
BingX GMT-USDT