Funding you earn now, next payment 12:00 UTC+0.0102%/8h= +11.2% APRnext payment +$0.51 per $10,000 · paid last 24h +0.053%
Price spread now: MEXC against Bybit−0.061%7-day average −0.035% · you buy dearer than you sell
Net, funding: paid 7d − costs−$98as in the Funding arb table
Net, price: spread back to 7d avg − costs−$145as in the Price arb table
costs, in and out, $10k−$1431.427% of the position
Funding, last 7 days+0.446%+$45 on $10k
+Price spread, last 4 days (all we have)+0.038%+$4 · spread now −0.061%, 7d avg −0.035%
=Funding pays, the price is against you. MEXC is 0.027% cheaper against Bybit than usual: you would sell low and buy high (spread −0.061% now, against its 7-day average of −0.035%). If the spread goes back, that is −$3 on $10k: about 21 hours of funding at the current rate (+$3 a day). At the pace of the last 7 days (+0.446% in total) that is about 10 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit HOMEUSDT | 0.006521 | 0.0100 | pay 0.0050% / 4h | 1h 29m | $3.5M | $3.7M | 25x |
| Short | MEXC HOME_USDT | 0.006517 | 0.0202 | get 0.0101% / 4h | 1h 29m | $390K | $147K | 20x |
Funding 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
- $21.42
- Price spread: −0.061% → −0.035%
- −$2.68
- Slippage, 4 orders
- −$123.7
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee MEXC: 4 bp × 2 orders
- −$8
- Net
- −$123.95
- Costs to cover
- 1.427%
- Break-even
- 47.5 days
Slippage from Bybit: live order book, 1 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, 1 min ago | 0.77 bp | 58.5 bp −$58 | 201.1 bp −$2,011 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 7 min ago | 2.30 bp | 16.4 bp −$16 | 70.4 bp −$704 | 261.4 bp −$26.1K | doesn't fit |
HOME on 11 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| BingX HOME-USDT | +0.0070% | 4h | 0.006519 | −0.031% | — | $6.6M | — | as long as short |
| Aster HOMEUSDT | +0.0100% | 4h | 0.006505 | −0.245% | $48K | $38K | 5x | as long as short |
| Binance HOMEUSDT | +0.0100% | 4h | 0.006521 | +0.004% | $4.6M | $9.8M | 50x | as long as short |
| Bybit HOMEUSDTlong | +0.0100% | 4h | 0.006521 | long leg | $3.5M | $3.7M | 25x | |
| Gate HOME_USDT | +0.0100% | 4h | 0.006510 | −0.169% | $439K | $1.4M | 75x | as long as short |
| KuCoin HOMEUSDTM | +0.0100% | 4h | 0.006513 | −0.123% | $2.8M | $81K | 30x | as long as short |
| Bitget HOMEUSDT | +0.0100% | 4h | 0.006519 | −0.031% | $1.2M | $832K | 20x | as long as short |
| Variational Omni HOME | +0.0100% | 4h | 0.006514 | −0.100% | $7K | $2K | — | as long as short |
| BloFin HOME-USDT | +0.0134% | 4h | 0.006513 | −0.123% | $304K | $19K | 50x | as long as short |
| MEXC HOME_USDTshort | +0.0202% | 4h | 0.006517 | −0.061% | $390K | $147K | 20x |
Show all 11 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX HOME-USDT-SWAP | +0.0331% | 4h | 0.006524 | +0.046% | $1.8M | $4.7M | 20x | as long as short |
Bybit HOMEUSDT
MEXC HOME_USDT
BingX HOME-USDT
Aster HOMEUSDT
Binance HOMEUSDT
Gate HOME_USDT
KuCoin HOMEUSDTM
Bitget HOMEUSDT
Variational Omni HOME
BloFin HOME-USDT
OKX HOME-USDT-SWAP