Funding you earn now, next payment 04:00 UTC−0.0579%/8h= −63.4% APRnext payment −$2.89 per $10,000 · paid last 24h −0.003%
Price spread now: MEXC against Bybit+0.050%7-day average +0.051% · you sell dearer than you buy
Net, funding: paid 7d − costs−$286as in the Funding arb table
Net, price: spread back to 7d avg − costs−$295as in the Price arb table
costs, in and out, $10k−$2952.953% of the position
Funding, last 7 days+0.092%+$9 on $10k
+Price spread, last 7 days−0.137%−$14 · spread now +0.050%, 7d avg +0.051%
=The price spread sits at its 7-day average of +0.051%, so right now this pair is about funding alone: −$17 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.092%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.092% in total (about 4.8% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.89 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit LIGHTUSDT | 0.1805 | 0.1265 | pay 0.0632% / 4h | 2h 06m | $2.2M | $607K | 13x |
| Short | MEXC LIGHT_USDT | 0.1806 | 0.0686 | get 0.0343% / 4h | 2h 06m | $1.4M | $289K | 50x |
Bybit LIGHTUSDT
MEXC LIGHT_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
- −$121.49
- Price spread: +0.050% → +0.051%
- −$0.1
- Slippage, 4 orders
- −$284.3
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$416.9
- Costs to cover
- 2.953%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 5 min ago; MEXC: live order book, 5 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, 5 min ago | 3.60 bp | 113.0 bp −$113 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 5 min ago | 2.76 bp | 29.2 bp −$29 | 133.9 bp −$1,339 | 280.0 bp −$28.0K | doesn't fit |
LIGHT on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| SunX LIGHT-USDT | +0.0100% | 4h | 0.1803 | −0.116% | $2K | $1.5M | 20x | as long as short |
| Gate LIGHT_USDT | +0.0192% | 8h | 0.1804 | −0.061% | $2.3M | $569K | 10x | as long as short |
| OKX LIGHT-USDT-SWAP | +0.0279% | 4h | 0.1804 | −0.061% | $893K | $1.3M | 10x | as long as short |
| Aster LIGHTUSDT | +0.0512% | 4h | 0.1805 | +0.016% | $22K | $6K | 5x | as long as short |
| KuCoin LIGHTUSDTM | +0.0554% | 4h | 0.1804 | −0.061% | $2.0M | $2.5M | 10x | as long as short |
| Binance LIGHTUSDT | +0.0669% | 4h | 0.1806 | +0.050% | $4.1M | $3.1M | 10x | as long as short |
| MEXC LIGHT_USDTshort | +0.0686% | 4h | 0.1806 | +0.050% | $1.4M | $289K | 50x | |
| Bybit LIGHTUSDTlong | +0.1265% | 4h | 0.1805 | long leg | $2.2M | $607K | 13x |
SunX LIGHT-USDT
Gate LIGHT_USDT
OKX LIGHT-USDT-SWAP
Aster LIGHTUSDT
KuCoin LIGHTUSDTM
Binance LIGHTUSDT