Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.018%
Price spread now: Bybit against MEXC0.000%7-day average −0.030% · you sell dearer than you buy
Net, funding: paid 7d − costs−$39as in the Funding arb table
Net, price: spread back to 7d avg − costs−$30as in the Price arb table
costs, in and out, $10k−$330.332% of the position
Funding, last 7 days−0.055%−$5 on $10k
+Price spread, last 7 days+0.006%+$1 · spread now 0.000%, 7d avg −0.030%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.030% dearer against MEXC than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.030%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC ICP_USDT | 3.0670 | 0.0100 | pay 0.0100% / 8h | 7h 15m | $19.9M | $9.7M | 50x |
| Short | Bybit ICPUSDT | 3.0670 | 0.0100 | get 0.0100% / 8h | 7h 15m | $18.2M | $18.5M | 75x |
MEXC ICP_USDT
Bybit ICPUSDTFunding 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: 0.000% → −0.030%
- $3.03
- Slippage, 4 orders
- −$22.18
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$30.16
- Costs to cover
- 0.332%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 4 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, 4 min ago | 1.64 bp | 3.1 bp −$3 | 11.4 bp −$114 | 73.9 bp −$7,387 | 140.0 bp −$70.0K |
| Sell Bybit live order book, 4 min ago | 1.64 bp | 12.0 bp −$12 | 31.3 bp −$313 | doesn't fit | doesn't fit |
ICP on 27 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit ICP_USDC-PERPETUAL | −0.0141% | 1h | 3.0678 | +0.026% | $273 | $464 | 50x | as long as short |
| Kraken Futures PF_ICPUSD | −0.0120% | 1h | 3.0710 | +0.131% | $560K | $598K | 50x | as long as short |
| Variational Omni ICP | −0.0052% | 8h | 3.0520 | −0.488% | $1.1M | $113K | — | as long as short |
| dYdX ICP-USD | 0.0000% | 1h | 3.0659 | −0.036% | $71K | $4K | 5x | as long as short |
| gTrade (Gains Network) ICP/USD | L +0.0006% / S −0.0011% | 1h | 3.0684 | +0.044% | $23K | — | 150x | as long as short |
| Injective ICP/USDC PERP | +0.0033% | 1h | 2.9665 | −3.277% | $202 | $200K | 12x | as long as short |
| Lighter ICP | +0.0096% | 1h | 3.0705 | +0.114% | $175K | $480K | 5x | as long as short |
| Aster ICPUSDT | +0.0100% | 8h | 3.0689 | +0.062% | $339K | $1.6M | 20x | as long as short |
| Pacifica ICP | +0.0100% | 1h | 3.0676 | +0.021% | $139K | $11K | 5x | as long as short |
| Binance ICPUSDT | +0.0100% | 8h | 3.0671 | +0.005% | $30.7M | $52.6M | 75x | as long as short |
Deribit ICP_USDC-PERPETUAL
Kraken Futures PF_ICPUSD
Variational Omni ICP
dYdX ICP-USD
gTrade (Gains Network) ICP/USD
Injective ICP/USDC PERP
Lighter ICP
Aster ICPUSDT
Pacifica ICP
Binance ICPUSDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ICPUSDTshort | +0.0100% | 8h | 3.0670 | 0.000% | $18.2M | $18.5M | 75x | |
| OKX ICP-USDT-SWAP | +0.0100% | 8h | 3.0680 | +0.033% | $6.2M | $16.9M | 50x | as long as short |
| Gate ICP_USDT | +0.0100% | 8h | 3.0670 | 0.000% | $2.0M | $3.0M | 50x | as long as short |
| MEXC ICP_USDTlong | +0.0100% | 8h | 3.0670 | long leg | $19.9M | $9.7M | 50x | |
| KuCoin ICPUSDTM | +0.0100% | 8h | 3.0660 | −0.033% | $5.2M | $13.3M | 50x | as long as short |
| Bitget ICPUSDT | +0.0100% | 8h | 3.0690 | +0.065% | $7.2M | $4.8M | 50x | as long as short |
| BingX ICP-USDT | +0.0100% | 8h | 3.0670 | 0.000% | — | $5.8M | — | as long as short |
| edgeX ICPUSDC | +0.0100% | 4h | 3.0470 | −0.651% | $24K | $280K | 10x | as long as short |
| GRVT ICP_USDT_Perp | +0.0100% | 8h | 3.0476 | −0.631% | $578K | $467K | 10x | as long as short |
| SunX ICP-USDT | +0.0100% | 8h | 3.0670 | 0.000% | $2K | $1.8M | 20x | as long as short |
| HTX ICP-USDT | +0.0100% | 8h | 3.0620 | −0.163% | $107K | $239K | 20x | as long as short |
| Phemex ICPUSDT | +0.0100% | 8h | 3.0660 | −0.033% | $1.8M | $777K | 50x | as long as short |
| Extended ICP-USD | +0.0104% | 1h | 3.0665 | −0.016% | $23K | $129K | 10x | as long as short |
| Hyperliquid ICP | +0.0172% | 1h | 3.0710 | +0.130% | $4.8M | $4.9M | 5x | as long as short |
| BloFin ICP-USDT | +0.0220% | 8h | 3.0680 | +0.033% | $1.3M | $2.3M | 75x | as long as short |
| Coinbase International ICP-PERP-INTX | +0.0280% | 1h | 3.0610 | −0.196% | $63K | $66K | 50x | as long as short |
| GMX ICP/USD [WBTC.b-USDC] | L +0.0513% / S −0.0480% | 1h | 3.0685 | +0.048% | $38K | — | 100x | as long as short |
OKX ICP-USDT-SWAP
Gate ICP_USDT
KuCoin ICPUSDTM
Bitget ICPUSDT
BingX ICP-USDT
edgeX ICPUSDC
GRVT ICP_USDT_Perp
SunX ICP-USDT
HTX ICP-USDT
Phemex ICPUSDT
Extended ICP-USD
Hyperliquid ICP
BloFin ICP-USDT
Coinbase International ICP-PERP-INTX
GMX ICP/USD [WBTC.b-USDC]