Funding you earn now, next payment 08:00 UTC−0.6337%/8h= −693.9% APRnext payment −$31.68 per $10,000 · paid last 24h +0.222%
Price spread now: MEXC against Bybit−0.312%7-day average −0.177% · you buy dearer than you sell
Net, funding: paid 7d − costs−$234as in the Funding arb table
Net, price: spread back to 7d avg − costs−$374as in the Price arb table
costs, in and out, $10k−$3603.603% of the position
Funding, last 7 days+1.261%+$126 on $10k
+Price spread, last 7 days+0.240%+$24 · spread now −0.312%, 7d avg −0.177%
=Both sides work against this trade now: funding costs −$190 a day on $10k at the current rate, and MEXC is 0.134% cheaper against Bybit than usual: you would sell low and buy high (−$13 if the spread goes back to its 7-day average of −0.177%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +1.261%, 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 1.261% in total (about 65.7% a year). A funding rate is set anew for every payment; at this rate the next one is about −$31.68 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 LYNUSDT | 0.04170 | 0.6437 | pay 0.3218% / 4h | 3h 58m | $2.0M | $2.0M | 25x |
| Short | MEXC LYN_USDT | 0.04157 | 0.0100 | get 0.0050% / 4h | 3h 58m | $1.2M | $430K | 50x |
Bybit LYNUSDT
MEXC LYN_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
- −$1,330.72
- Price spread: −0.312% → −0.177%
- −$13.45
- Slippage, 4 orders
- −$349.26
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$1,704.43
- Costs to cover
- 3.603%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 3 min ago; MEXC: 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 Bybit live order book, 3 min ago | 6.00 bp | 151.4 bp −$151 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 3 min ago | 6.01 bp | 18.4 bp −$18 | 99.2 bp −$992 | 358.0 bp −$35.8K | doesn't fit |
LYN on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster LYNUSDT | +0.0100% | 4h | 0.04166 | −0.106% | $25K | $23K | 5x | as long as short |
| Binance LYNUSDT | +0.0100% | 4h | 0.04164 | −0.150% | $6.6M | $8.7M | 10x | as long as short |
| Gate LYN_USDT | +0.0100% | 4h | 0.04171 | +0.024% | $285K | $236K | 25x | as long as short |
| MEXC LYN_USDTshort | +0.0100% | 4h | 0.04157 | −0.312% | $1.2M | $430K | 50x | |
| KuCoin LYNUSDTM | +0.0100% | 4h | 0.04162 | −0.192% | $1.2M | $155K | 10x | as long as short |
| Extended LYN-USD | +0.0104% | 1h | 0.04164 | −0.154% | $6K | $166K | 5x | as long as short |
| Bitget LYNUSDT | +0.0204% | 4h | 0.04180 | +0.240% | $1.8M | $602K | 10x | as long as short |
| BloFin LYN-USDT | +0.0340% | 4h | 0.04171 | +0.024% | $426K | $12K | 20x | as long as short |
| BingX LYN-USDT | +0.0574% | 4h | 0.04173 | +0.072% | — | $6.6M | — | as long as short |
| Bybit LYNUSDTlong | +0.6437% | 4h | 0.04170 | long leg | $2.0M | $2.0M | 25x |
Aster LYNUSDT
Binance LYNUSDT
Gate LYN_USDT
KuCoin LYNUSDTM
Extended LYN-USD
Bitget LYNUSDT
BloFin LYN-USDT
BingX LYN-USDT