Funding arb · Price arb /

LYN

all LYN markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.220%

Price spread now: Bybit against MEXC+0.308%7-day average +0.206% · you sell dearer than you buy

Net, funding: paid 7d − costs−$364as in the Funding arb table

Net, price: spread back to 7d avg − costs−$228as in the Price arb table

costs, in and out, $10k−$2382.380% of the position

Long on MEXC Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−1.259%−$126 on $10k

Price spread, last 4 days (all we have)−0.177%−$18 · spread now +0.308%, 7d avg +0.206%

Together, before fees−1.435%−$144 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.101% dearer against MEXC than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of +0.206%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC LYN_USDT	0.03900	0.0100	pay 0.0050% / 4h	2h 06m	$1.1M	$402K	50x
Short	Bybit LYNUSDT	0.03912	0.0100	get 0.0050% / 4h	2h 06m	$1.7M	$1.8M	25x

Funding 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 it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee MEXCbpFee BybitbpOrdersPrice spread, now +0.308%Rate

Funding earned: $0
Price spread: +0.308% → +0.206%: $10.13
Slippage, 4 orders: −$226.99
Fee MEXC: 0 bp × 2 orders: $0
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$227.86
Costs to cover: 2.380%
Break-even: never at this rate

Slippage from MEXC: live order book, 5 min ago; Bybit: 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 MEXC live order book, 5 min ago	5.11 bp	17.7 bp −$18	99.0 bp −$990	472.2 bp −$47.2K	doesn't fit
Sell Bybit live order book, 5 min ago	6.37 bp	76.5 bp −$77	651.0 bp −$6,510	doesn't fit	doesn't fit

LYN 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
Aster LYNUSDT	+0.0100%	4h	0.03898	−0.042%	$24K	$23K	5x	as long as short
Binance LYNUSDT	+0.0100%	4h	0.03904	+0.099%	$6.1M	$8.4M	10x	as long as short
Bybit LYNUSDTshort	+0.0100%	4h	0.03912	+0.308%	$1.7M	$1.8M	25x
Gate LYN_USDT	+0.0100%	4h	0.03910	+0.256%	$267K	$227K	25x	as long as short
MEXC LYN_USDTlong	+0.0100%	4h	0.03900	long leg	$1.1M	$402K	50x
KuCoin LYNUSDTM	+0.0100%	4h	0.03914	+0.359%	$1.1M	$167K	10x	as long as short
Bitget LYNUSDT	+0.0100%	4h	0.03922	+0.564%	$1.7M	$601K	10x	as long as short
BingX LYN-USDT	+0.0100%	4h	0.03910	+0.256%	—	$6.6M	—	as long as short
Extended LYN-USD	+0.0104%	1h	0.03899	−0.023%	$5K	$164K	5x	as long as short