Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.010%
Price spread now: MEXC against Bybit−0.117%7-day average −0.024% · you buy dearer than you sell
Net, funding: paid 7d − costs−$294as in the Funding arb table
Net, price: spread back to 7d avg − costs−$351as in the Price arb table
costs, in and out, $10k−$3423.421% of the position
Funding, last 7 days+0.477%+$48 on $10k
+Price spread, last 3 days (all we have)+0.068%+$7 · spread now −0.117%, 7d avg −0.024%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.094% cheaper against Bybit than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of −0.024%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit LONGXIAUSDT | 0.2384 | 0.0100 | pay 0.0050% / 4h | 1h 22m | $734K | $7.3M | 10x |
| Short | MEXC LONGXIA_USDT | 0.2381 | 0.0100 | get 0.0050% / 4h | 1h 22m | $1.9M | $1.4M | 50x |
Bybit LONGXIAUSDT
MEXC LONGXIA_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
- $0
- Price spread: −0.117% → −0.024%
- −$9.37
- Slippage, 4 orders
- −$327.11
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$351.48
- Costs to cover
- 3.421%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 1 min ago; MEXC: live order book, 4 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, 1 min ago | 6.27 bp | 182.7 bp −$183 | 843.6 bp −$8,436 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 4 min ago | 0.83 bp | 11.7 bp −$12 | 43.8 bp −$438 | 258.0 bp −$25.8K | 815.6 bp −$407.8K |
LONGXIA on 4 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX LONGXIA-USDT | +0.0070% | 4h | 0.2384 | −0.008% | — | $2.2M | — | as long as short |
| Bybit LONGXIAUSDTlong | +0.0100% | 4h | 0.2384 | long leg | $734K | $7.3M | 10x | |
| MEXC LONGXIA_USDTshort | +0.0100% | 4h | 0.2381 | −0.117% | $1.9M | $1.4M | 50x | |
| KuCoin LONGXIAUSDTM | +0.0716% | 4h | 0.2380 | −0.173% | $38.9M | $3.9M | 10x | as long as short |
BingX LONGXIA-USDT
KuCoin LONGXIAUSDTM