Funding you earn now, next payment 04:00 UTC+0.0079%/8h= +8.7% APRnext payment +$0.40 per $10,000 · paid last 24h +0.006%
Price spread now: Bybit against MEXC+0.138%7-day average −0.053% · you sell dearer than you buy
Net, funding: paid 7d − costs−$342as in the Funding arb table
Net, price: spread back to 7d avg − costs−$314as in the Price arb table
costs, in and out, $10k−$3333.328% of the position
Funding, last 7 days−0.090%−$9 on $10k
+Price spread, last 7 days−0.125%−$12 · spread now +0.138%, 7d avg −0.053%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Bybit is 0.191% dearer against MEXC than usual: you sell high and buy low: +$19 more if the spread goes back to its 7-day average of −0.053%. Mind the row above: over the last 7 days funding on this pair cost −0.090%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC LIGHT_USDT | 0.1808 | 0.0384 | pay 0.0192% / 4h | 30m 36s | $1.4M | $290K | 50x |
| Short | Bybit LIGHTUSDT | 0.1810 | 0.0463 | get 0.0232% / 4h | 30m 36s | $2.2M | $608K | 13x |
MEXC LIGHT_USDT
Bybit LIGHTUSDTFunding 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
- $16.67
- Price spread: +0.138% → −0.053%
- $19.09
- Slippage, 4 orders
- −$321.81
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$297.05
- Costs to cover
- 3.328%
- Break-even
- 131.7 days
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 | 2.77 bp | 32.7 bp −$33 | 150.0 bp −$1,500 | 264.9 bp −$26.5K | doesn't fit |
| Sell Bybit live order book, 1 min ago | 2.21 bp | 159.2 bp −$159 | doesn't fit | doesn't fit | doesn't fit |
LIGHT 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 | |
|---|---|---|---|---|---|---|---|---|
| OKX LIGHT-USDT-SWAP | +0.0100% | 4h | 0.1811 | +0.166% | $897K | $1.3M | 10x | as long as short |
| Gate LIGHT_USDT | +0.0100% | 8h | 0.1808 | 0.000% | $2.3M | $563K | 10x | as long as short |
| SunX LIGHT-USDT | +0.0100% | 4h | 0.1807 | −0.055% | $2K | $1.4M | 20x | as long as short |
| Aster LIGHTUSDT | +0.0267% | 4h | 0.1807 | −0.052% | $22K | $6K | 5x | as long as short |
| KuCoin LIGHTUSDTM | +0.0268% | 4h | 0.1807 | −0.083% | $2.0M | $2.5M | 10x | as long as short |
| BloFin LIGHT-USDT | +0.0351% | 4h | 0.1809 | +0.055% | $238K | $18K | 10x | as long as short |
| Binance LIGHTUSDT | +0.0383% | 4h | 0.1809 | +0.055% | $4.1M | $3.1M | 10x | as long as short |
| MEXC LIGHT_USDTlong | +0.0384% | 4h | 0.1808 | long leg | $1.4M | $290K | 50x | |
| Bybit LIGHTUSDTshort | +0.0463% | 4h | 0.1810 | +0.138% | $2.2M | $608K | 13x |
OKX LIGHT-USDT-SWAP
Gate LIGHT_USDT
SunX LIGHT-USDT
Aster LIGHTUSDT
KuCoin LIGHTUSDTM
BloFin LIGHT-USDT
Binance LIGHTUSDT