Funding you earn now, next payment 12:00 UTC−0.0208%/8h= −22.8% APRnext payment −$1.04 per $10,000 · paid last 24h −0.067%
Price spread now: Bybit against MEXC−0.110%7-day average −0.033% · you buy dearer than you sell
Net, funding: paid 7d − costs−$210as in the Funding arb table
Net, price: spread back to 7d avg − costs−$194as in the Price arb table
costs, in and out, $10k−$1861.864% of the position
Funding, last 7 days−0.237%−$24 on $10k
+Price spread, last 4 days (all we have)+0.211%+$21 · spread now −0.110%, 7d avg −0.033%
=Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Bybit is 0.076% cheaper against MEXC than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of −0.033%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC JELLYJELLY_USDT | 0.05656 | 0.0308 | pay 0.0154% / 4h | 2h 58m | $430K | $141K | 20x |
| Short | Bybit JELLYJELLYUSDT | 0.05650 | 0.0100 | get 0.0050% / 4h | 2h 58m | $2.4M | $1.0M | 20x |
MEXC JELLYJELLY_USDT
Bybit JELLYJELLYUSDTFunding 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
- −$43.68
- Price spread: −0.110% → −0.033%
- −$7.62
- Slippage, 4 orders
- −$171.43
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$237.73
- Costs to cover
- 1.864%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 21 min ago; Bybit: 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 MEXC live order book, 21 min ago | 3.54 bp | 35.7 bp −$36 | 66.7 bp −$667 | 124.5 bp −$12.5K | 428.5 bp −$214.3K |
| Sell Bybit live order book, 3 min ago | 5.29 bp | 55.3 bp −$55 | 488.7 bp −$4,887 | doesn't fit | doesn't fit |
JELLYJELLY 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 JELLYJELLYUSDTshort | +0.0100% | 4h | 0.05650 | −0.110% | $2.4M | $1.0M | 20x | |
| OKX JELLYJELLY-USDT-SWAP | +0.0100% | 4h | 0.05646 | −0.177% | $1.3M | $431K | 10x | as long as short |
| Gate JELLYJELLY_USDT | +0.0100% | 4h | 0.05649 | −0.124% | $2.4M | $123K | 20x | as long as short |
| BloFin JELLYJELLY-USDT | +0.0127% | 4h | 0.05664 | +0.141% | $269K | $19K | 20x | as long as short |
| MEXC JELLYJELLY_USDTlong | +0.0308% | 4h | 0.05656 | long leg | $430K | $141K | 20x | |
| Binance JELLYJELLYUSDT | +0.0311% | 4h | 0.05654 | −0.035% | $4.4M | $1.6M | 25x | as long as short |
| Extended JELLYJELLY-USD | +0.0312% | 1h | 0.05657 | +0.014% | $2K | $240K | 5x | as long as short |
| Aster JELLYJELLYUSDT | +0.0331% | 4h | 0.05648 | −0.138% | $36K | $12K | 5x | as long as short |
| KuCoin JELLYJELLYUSDTM | +0.0700% | 4h | 0.05652 | −0.072% | $8.2M | $1.2M | 20x | as long as short |
OKX JELLYJELLY-USDT-SWAP
Gate JELLYJELLY_USDT
BloFin JELLYJELLY-USDT
Binance JELLYJELLYUSDT
Extended JELLYJELLY-USD
Aster JELLYJELLYUSDT
KuCoin JELLYJELLYUSDTM