Funding you earn now, next payment 08:00 UTC−0.0154%/8h= −16.9% APRnext payment −$0.77 per $10,000 · paid last 24h −0.042%
Price spread now: Bybit against MEXC−0.045%7-day average +0.036% · you buy dearer than you sell
Net, funding: paid 7d − costs−$187as in the Funding arb table
Net, price: spread back to 7d avg − costs−$151as in the Price arb table
costs, in and out, $10k−$1431.428% of the position
Funding, last 7 days−0.445%−$44 on $10k
+Price spread, last 4 days (all we have)+0.092%+$9 · spread now −0.045%, 7d avg +0.036%
=Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Bybit is 0.081% cheaper against MEXC than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of +0.036%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC HOME_USDT | 0.006737 | 0.0254 | pay 0.0127% / 4h | 2h 36m | $389K | $155K | 20x |
| Short | Bybit HOMEUSDT | 0.006734 | 0.0100 | get 0.0050% / 4h | 2h 36m | $3.2M | $4.0M | 25x |
Funding 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
- −$32.34
- Price spread: −0.045% → +0.036%
- −$8.07
- Slippage, 4 orders
- −$123.75
- Fee MEXC: 4 bp × 2 orders
- −$8
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$183.17
- Costs to cover
- 1.428%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 59 min ago; Bybit: live order book, 6 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, 59 min ago | 1.44 bp | 17.3 bp −$17 | 79.8 bp −$798 | 214.6 bp −$21.5K | doesn't fit |
| Sell Bybit live order book, 6 min ago | 1.48 bp | 45.7 bp −$46 | 259.5 bp −$2,595 | doesn't fit | doesn't fit |
HOME on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX HOME-USDT | +0.0070% | 4h | 0.006735 | −0.030% | — | $6.6M | — | as long as short |
| Aster HOMEUSDT | +0.0100% | 4h | 0.006736 | −0.015% | $49K | $38K | 5x | as long as short |
| Binance HOMEUSDT | +0.0100% | 4h | 0.006735 | −0.030% | $4.7M | $11.2M | 50x | as long as short |
| Bybit HOMEUSDTshort | +0.0100% | 4h | 0.006734 | −0.045% | $3.2M | $4.0M | 25x | |
| Gate HOME_USDT | +0.0100% | 4h | 0.006740 | +0.045% | $446K | $1.6M | 75x | as long as short |
| KuCoin HOMEUSDTM | +0.0100% | 4h | 0.006746 | +0.134% | $2.9M | $137K | 30x | as long as short |
| Bitget HOMEUSDT | +0.0100% | 4h | 0.006740 | +0.045% | $1.2M | $1.3M | 20x | as long as short |
| Variational Omni HOME | +0.0100% | 4h | 0.006744 | +0.102% | $7K | $2K | — | as long as short |
| BloFin HOME-USDT | +0.0138% | 4h | 0.006753 | +0.237% | $288K | $30K | 50x | as long as short |
| MEXC HOME_USDTlong | +0.0254% | 4h | 0.006737 | long leg | $389K | $155K | 20x |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX HOME-USDT-SWAP | +0.0574% | 4h | 0.006753 | +0.237% | $1.9M | $5.6M | 20x | as long as short |
MEXC HOME_USDT
Bybit HOMEUSDT
BingX HOME-USDT
Aster HOMEUSDT
Binance HOMEUSDT
Gate HOME_USDT
KuCoin HOMEUSDTM
Bitget HOMEUSDT
Variational Omni HOME
BloFin HOME-USDT
OKX HOME-USDT-SWAP