Funding you earn now, next payment 00:00 UTC−0.0559%/8h= −61.2% APRnext payment −$2.80 per $10,000 · paid last 24h +0.111%
Price spread now: MEXC against Bybit−0.016%7-day average −0.069% · you buy dearer than you sell
Net, funding: paid 7d − costs−$143as in the Funding arb table
Net, price: spread back to 7d avg − costs−$182as in the Price arb table
costs, in and out, $10k−$1881.877% of the position
Funding, last 7 days+0.448%+$45 on $10k
+Price spread, last 4 days (all we have)−0.026%−$3 · spread now −0.016%, 7d avg −0.069%
=The price spread pays, funding is against you. MEXC is 0.053% dearer against Bybit than usual: you sell high and buy low (spread −0.016% now, against its 7-day average of −0.069%): +$5 on $10k if it goes back. Holding the pair costs −$17 a day in funding at the current rate, which eats that in about 8 hours. Mind the row above: over the last 7 days funding on this pair paid +0.448%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit INXUSDT | 0.006135 | 0.0659 | pay 0.0330% / 4h | 32m 15s | $780K | $383K | 13x |
| Short | MEXC INX_USDT | 0.006134 | 0.0100 | get 0.0050% / 4h | 32m 15s | $795K | $190K | 50x |
Bybit INXUSDT
MEXC INX_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
- −$117.4
- Price spread: −0.016% → −0.069%
- $5.3
- Slippage, 4 orders
- −$172.75
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$299.85
- Costs to cover
- 1.877%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 43 min ago; MEXC: live order book, 38 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, 43 min ago | 8.15 bp | 64.5 bp −$65 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 38 min ago | 0.82 bp | 25.4 bp −$25 | 81.4 bp −$814 | 246.9 bp −$24.7K | 799.7 bp −$399.9K |
INX 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International INX-PERP-INTX | −0.1592% | 1h | 0.006083 | −0.848% | $5K | $6K | 50x | as long as short |
| Aster INXUSDT | +0.0100% | 4h | 0.006136 | +0.023% | $18K | $10K | 5x | as long as short |
| Binance INXUSDT | +0.0100% | 4h | 0.006136 | +0.008% | $2.0M | $1.5M | 25x | as long as short |
| Gate INX_USDT | +0.0100% | 4h | 0.006130 | −0.081% | $1.6M | $73K | 25x | as long as short |
| MEXC INX_USDTshort | +0.0100% | 4h | 0.006134 | −0.016% | $795K | $190K | 50x | |
| Bitget INXUSDT | +0.0100% | 4h | 0.006132 | −0.049% | $388K | $87K | 25x | as long as short |
| Extended INX-USD | +0.0104% | 1h | 0.006135 | +0.002% | $2K | $145K | 5x | as long as short |
| Bybit INXUSDTlong | +0.0659% | 4h | 0.006135 | long leg | $780K | $383K | 13x | |
| BingX INX-USDT | +0.0730% | 4h | 0.006147 | +0.196% | — | $6.5M | — | as long as short |
| KuCoin INXUSDTM | +0.1050% | 4h | 0.006132 | −0.049% | $291K | $82K | 20x | as long as short |
Coinbase International INX-PERP-INTX
Aster INXUSDT
Binance INXUSDT
Gate INX_USDT
Bitget INXUSDT
Extended INX-USD
BingX INX-USDT
KuCoin INXUSDTMShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit INX_USDC-PERPETUAL | +0.1056% | 1h | 0.006135 | 0.000% | $55K | $22K | 10x | as long as short |
Deribit INX_USDC-PERPETUAL