Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against Bybit0.000%7-day average +0.005% · you sell dearer than you buy
Net, funding: paid 7d − costs−$211as in the Funding arb table
Net, price: spread back to 7d avg − costs−$211as in the Price arb table
costs, in and out, $10k−$2112.106% of the position
Funding, last 7 days−0.002%$0 on $10k
+Price spread, last 7 days0.000%$0 · spread now 0.000%, 7d avg +0.005%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit IOUSDT | 0.1492 | 0.0100 | pay 0.0050% / 4h | 43m 09s | $1.1M | $648K | 25x |
| Short | MEXC IO_USDT | 0.1492 | 0.0100 | get 0.0050% / 4h | 43m 09s | $1.2M | $216K | 125x |
Bybit IOUSDT
MEXC IO_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
- $0
- Price spread: 0.000% → +0.005%
- −$0.51
- Slippage, 4 orders
- −$195.64
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$211.15
- Costs to cover
- 2.106%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 2 min ago; MEXC: live order book, 3 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, 2 min ago | 6.69 bp | 90.7 bp −$91 | 701.8 bp −$7,018 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 3 min ago | 6.70 bp | 25.4 bp −$25 | 180.0 bp −$1,800 | 321.0 bp −$32.1K | doesn't fit |
IO on 14 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 | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid IO | +0.0100% | 1h | 0.1494 | +0.121% | $1.0M | $270K | 3x | as long as short |
| Aster IOUSDT | +0.0100% | 4h | 0.1493 | +0.085% | $23K | $42K | 5x | as long as short |
| Binance IOUSDT | +0.0100% | 4h | 0.1493 | +0.067% | $3.0M | $5.0M | 50x | as long as short |
| Bybit IOUSDTlong | +0.0100% | 4h | 0.1492 | long leg | $1.1M | $648K | 25x | |
| Gate IO_USDT | +0.0100% | 4h | 0.1494 | +0.141% | $231K | $472K | 50x | as long as short |
| MEXC IO_USDTshort | +0.0100% | 4h | 0.1492 | 0.000% | $1.2M | $216K | 125x | |
| KuCoin IOUSDTM | +0.0100% | 4h | 0.1493 | +0.067% | $340K | $194K | 50x | as long as short |
| Bitget IOUSDT | +0.0100% | 4h | 0.1494 | +0.134% | $1.4M | $984K | 50x | as long as short |
| BingX IO-USDT | +0.0100% | 4h | 0.1493 | +0.067% | — | $1.3M | — | as long as short |
| Variational Omni IO | +0.0100% | 4h | 0.1493 | +0.048% | $30K | $18K | — | as long as short |
Hyperliquid IO
Aster IOUSDT
Binance IOUSDT
Gate IO_USDT
KuCoin IOUSDTM
Bitget IOUSDT
BingX IO-USDT
Variational Omni IOShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended IO-USD | +0.0104% | 1h | 0.1493 | +0.057% | $3K | $212K | 5x | as long as short |
| BloFin IO-USDT | +0.0156% | 4h | 0.1493 | +0.067% | $192K | $34K | 50x | as long as short |
| Injective IO/USDC PERP | +0.0563% | 1h | 0.1491 | −0.067% | $2K | $198 | 5.5x | as long as short |
| Kraken Futures PF_IOUSD | +0.5931% | 1h | 0.1496 | +0.255% | $39K | $7K | 10x | as long as short |
Extended IO-USD
BloFin IO-USDT
Injective IO/USDC PERP
Kraken Futures PF_IOUSD