Funding you earn now, next payment 04:00 UTC−0.1519%/8h= −166.3% APRpaid last 24h −0.055%
Price spread now: Bybit against MEXC−0.056%7-day average +0.103% · you buy dearer than you sell
Net, funding: paid 7d − costs+$40as in the Funding arb table
Net, price: spread back to 7d avg − costs−$127as in the Price arb table
costs, in and out, $10k−$1111.112% of the position
Funding, last 7 days+1.509%+$151 on $10k
+Price spread, last 7 days+0.271%+$27 · spread now −0.056%, 7d avg +0.103%
=Both sides work against this trade now: funding costs −$46 a day on $10k at the current rate, and Bybit is 0.159% cheaper against MEXC than usual: you would sell low and buy high (−$16 if the spread goes back to its 7-day average of +0.103%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +1.509%, 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 | MEXC IOST_USDT | 0.0008946 | −0.0874 | get 0.0437% / 4h | 3h 40m | $1.9M | $405K | 50x |
| Short | Bybit IOSTUSDT | 0.0008941 | −0.2393 | pay 0.2393% / 8h | 7h 40m | $1.9M | $2.0M | 25x |
MEXC IOST_USDT
Bybit IOSTUSDTFunding 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
- −$318.96
- Price spread: −0.056% → +0.103%
- −$15.94
- Slippage, 4 orders
- −$96.21
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$446.1
- Costs to cover
- 1.112%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 1 min ago; Bybit: 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 MEXC live order book, 1 min ago | 1.68 bp | 6.8 bp −$7 | 16.9 bp −$169 | 106.9 bp −$10.7K | 420.0 bp −$210.0K |
| Sell Bybit live order book, 1 min ago | 2.24 bp | 52.6 bp −$53 | 229.8 bp −$2,298 | doesn't fit | doesn't fit |
IOST 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit IOSTUSDTshort | −0.2393% | 8h | 0.0008941 | −0.056% | $1.9M | $2.0M | 25x | |
| OKX IOST-USDT-SWAP | −0.1169% | 4h | 0.0008940 | −0.067% | $1.5M | $4.0M | 10x | as long as short |
| BloFin IOST-USDT | −0.0903% | 4h | 0.0008951 | +0.056% | $293K | $2.0M | 50x | as long as short |
| Binance IOSTUSDT | −0.0890% | 4h | 0.0008945 | −0.008% | $5.8M | $16.1M | 50x | as long as short |
| MEXC IOST_USDTlong | −0.0874% | 4h | 0.0008946 | long leg | $1.9M | $405K | 50x | |
| Gate IOST_USDT | −0.0684% | 4h | 0.0008940 | −0.067% | $722K | $446K | 25x | as long as short |
| Bitget IOSTUSDT | −0.0572% | 4h | 0.0008946 | 0.000% | $668K | $2.1M | 25x | as long as short |
| Variational Omni IOST | −0.0391% | 8h | 0.0008936 | −0.116% | $10K | $6K | — | as long as short |
| BingX IOST-USDT | −0.0292% | 4h | 0.0008945 | −0.011% | — | $2.5M | — | as long as short |
OKX IOST-USDT-SWAP
BloFin IOST-USDT
Binance IOSTUSDT
Gate IOST_USDT
Bitget IOSTUSDT
Variational Omni IOST
BingX IOST-USDT