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 Bybit−0.053%7-day average +0.042% · you buy dearer than you sell
Net, funding: paid 7d − costs−$329as in the Funding arb table
Net, price: spread back to 7d avg − costs−$339as in the Price arb table
costs, in and out, $10k−$3293.295% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)+0.121%+$12 · spread now −0.053%, 7d avg +0.042%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.096% cheaper against Bybit than usual: you would sell low and buy high, −$10 on $10k if it goes back to its 7-day average of +0.042%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit IOTXUSDT | 0.003747 | 0.0100 | pay 0.0100% / 8h | 6h 27m | $380K | $515K | 25x |
| Short | MEXC IOTX_USDT | 0.003745 | 0.0100 | get 0.0100% / 8h | 6h 27m | $812K | $438K | 50x |
Funding 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: −0.053% → +0.042%
- −$9.57
- Slippage, 4 orders
- −$314.48
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$339.04
- Costs to cover
- 3.295%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 32 min ago; MEXC: live order book, 33 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, 32 min ago | 6.78 bp | 150.4 bp −$150 | 1571.8 bp −$15.7K | doesn't fit | doesn't fit |
| Sell MEXC live order book, 33 min ago | 4.07 bp | 26.1 bp −$26 | 89.7 bp −$897 | 280.0 bp −$28.0K | doesn't fit |
IOTX on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance IOTXUSDT | +0.0100% | 8h | 0.003746 | −0.027% | $2.1M | $5.2M | 50x | as long as short |
| Bybit IOTXUSDTlong | +0.0100% | 8h | 0.003747 | long leg | $380K | $515K | 25x | |
| Gate IOTX_USDT | +0.0100% | 8h | 0.003744 | −0.080% | $141K | $157K | 50x | as long as short |
| MEXC IOTX_USDTshort | +0.0100% | 8h | 0.003745 | −0.053% | $812K | $438K | 50x | |
| KuCoin IOTXUSDTM | +0.0100% | 8h | 0.003762 | +0.400% | $740K | $79K | 30x | as long as short |
| Bitget IOTXUSDT | +0.0100% | 8h | 0.003740 | −0.187% | $353K | $334K | 50x | as long as short |
| BingX IOTX-USDT | +0.0100% | 8h | 0.003748 | +0.027% | — | $1.6M | — | as long as short |
| Variational Omni IOTX | +0.0100% | 8h | 0.003731 | −0.429% | $3K | $2K | — | as long as short |
| Aster IOTXUSDT | +0.0137% | 1h | 0.003735 | −0.316% | $11K | $15K | 5x | as long as short |
| Kraken Futures PF_IOTXUSD | +2.7265% | 1h | 0.003750 | +0.068% | $25K | $8K | 10x | as long as short |
Bybit IOTXUSDT
MEXC IOTX_USDT
Binance IOTXUSDT
Gate IOTX_USDT
KuCoin IOTXUSDTM
Bitget IOTXUSDT
BingX IOTX-USDT
Variational Omni IOTX
Aster IOTXUSDT
Kraken Futures PF_IOTXUSD