Funding you earn now, next payment 04:00 UTC+0.0062%/8h= +6.8% APRnext payment +$0.31 per $10,000 · paid last 24h −0.093%
Price spread now: MEXC against Bybit−0.057%7-day average −0.024% · you buy dearer than you sell
Net, funding: paid 7d − costs−$305as in the Funding arb table
Net, price: spread back to 7d avg − costs−$297as in the Price arb table
costs, in and out, $10k−$2942.936% of the position
Funding, last 7 days−0.109%−$11 on $10k
+Price spread, last 4 days (all we have)+0.064%+$6 · spread now −0.057%, 7d avg −0.024%
=Funding pays, the price is against you. MEXC is 0.033% cheaper against Bybit than usual: you would sell low and buy high (spread −0.057% now, against its 7-day average of −0.024%). If the spread goes back, that is −$3 on $10k: about 43 hours of funding at the current rate (+$2 a day). Mind the row above: over the last 7 days funding on this pair cost −0.109%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit INUSDT | 0.03483 | 0.0100 | pay 0.0050% / 4h | 2h 48m | $739K | $154K | 20x |
| Short | MEXC IN_USDT | 0.03481 | 0.0162 | get 0.0081% / 4h | 2h 48m | $270K | $91K | 20x |
Bybit INUSDT
MEXC IN_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
- $13.02
- Price spread: −0.057% → −0.024%
- −$3.32
- Slippage, 4 orders
- −$274.61
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee MEXC: 4 bp × 2 orders
- −$8
- Net
- −$283.91
- Costs to cover
- 2.936%
- Break-even
- 159.6 days
Slippage from Bybit: live order book, 16 min ago; MEXC: live order book, 1 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, 16 min ago | 5.67 bp | 133.5 bp −$134 | 2962.2 bp −$29.6K | doesn't fit | doesn't fit |
| Sell MEXC live order book, 1 min ago | 4.31 bp | 15.3 bp −$15 | 84.2 bp −$842 | 156.7 bp −$15.7K | 512.9 bp −$256.4K |
IN on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster INUSDT | +0.0100% | 4h | 0.03477 | −0.180% | $125K | $21K | 5x | as long as short |
| Bybit INUSDTlong | +0.0100% | 4h | 0.03483 | long leg | $739K | $154K | 20x | |
| KuCoin INUSDTM | +0.0100% | 4h | 0.03496 | +0.373% | $282K | $54K | 30x | as long as short |
| Bitget INUSDT | +0.0100% | 4h | 0.03480 | −0.086% | $827K | $131K | 25x | as long as short |
| Variational Omni IN | +0.0100% | 4h | 0.03478 | −0.145% | $1K | $7 | — | as long as short |
| BingX IN-USDT | +0.0138% | 4h | 0.03479 | −0.115% | — | $2.3M | — | as long as short |
| MEXC IN_USDTshort | +0.0162% | 4h | 0.03481 | −0.057% | $270K | $91K | 20x | |
| Binance INUSDT | +0.0172% | 4h | 0.03481 | −0.057% | $2.0M | $1.2M | 25x | as long as short |
| Gate IN_USDT | +0.0664% | 4h | 0.03482 | −0.029% | $225K | $123K | 50x | as long as short |
Aster INUSDT
KuCoin INUSDTM
Bitget INUSDT
Variational Omni IN
BingX IN-USDT
Binance INUSDT
Gate IN_USDT