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: Bybit against MEXC−0.123%7-day average +0.021% · you buy dearer than you sell
Net, funding: paid 7d − costs−$401as in the Funding arb table
Net, price: spread back to 7d avg − costs−$368as in the Price arb table
costs, in and out, $10k−$3543.536% of the position
Funding, last 7 days−0.477%−$48 on $10k
+Price spread, last 3 days (all we have)+0.158%+$16 · spread now −0.123%, 7d avg +0.021%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.144% cheaper against MEXC than usual: you would sell low and buy high, −$14 on $10k if it goes back to its 7-day average of +0.021%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC LONGXIA_USDT | 0.2358 | 0.0100 | pay 0.0050% / 4h | 29m 45s | $1.8M | $1.4M | 50x |
| Short | Bybit LONGXIAUSDT | 0.2355 | 0.0100 | get 0.0050% / 4h | 29m 45s | $744K | $7.3M | 10x |
MEXC LONGXIA_USDT
Bybit LONGXIAUSDTFunding 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
- $0
- Price spread: −0.123% → +0.021%
- −$14.37
- Slippage, 4 orders
- −$338.64
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$368
- Costs to cover
- 3.536%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 2 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, 2 min ago | 1.27 bp | 18.5 bp −$18 | 53.6 bp −$536 | 215.8 bp −$21.6K | 770.8 bp −$385.4K |
| Sell Bybit live order book, 3 min ago | 4.21 bp | 171.5 bp −$172 | 579.2 bp −$5,792 | doesn't fit | doesn't fit |
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 | 0.2356 | −0.072% | — | $2.2M | — | as long as short |
| Bybit LONGXIAUSDTshort | +0.0100% | 4h | 0.2355 | −0.123% | $744K | $7.3M | 10x | |
| MEXC LONGXIA_USDTlong | +0.0100% | 4h | 0.2358 | long leg | $1.8M | $1.4M | 50x | |
| KuCoin LONGXIAUSDTM | +0.0598% | 4h | 0.2359 | +0.030% | $38.5M | $4.0M | 10x | as long as short |
BingX LONGXIA-USDT
KuCoin LONGXIAUSDTM