Funding you earn now, next payment 12:00 UTC−0.0375%/8h= −41.1% APRnext payment −$1.88 per $10,000 · paid last 24h −0.089%
Price spread now: MEXC against Bybit+0.109%7-day average +0.004% · you sell dearer than you buy
Net, funding: paid 7d − costs−$121as in the Funding arb table
Net, price: spread back to 7d avg − costs−$99as in the Price arb table
costs, in and out, $10k−$1101.098% of the position
Funding, last 7 days−0.110%−$11 on $10k
+Price spread, last 7 days−0.018%−$2 · spread now +0.109%, 7d avg +0.004%
=The price spread pays, funding is against you. MEXC is 0.105% dearer against Bybit than usual: you sell high and buy low (spread +0.109% now, against its 7-day average of +0.004%): +$11 on $10k if it goes back. Holding the pair costs −$11 a day in funding at the current rate, which eats that in about 22 hours. At the pace of the last 7 days (−0.110% in total) that is about 6.7 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.110% in total (about -5.7% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.88 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 MARSCOINUSDT | 0.1193 | 0.0967 | pay 0.0484% / 4h | 3h 01m | $8.5M | $15.6M | 20x |
| Short | MEXC MARSCOIN_USDT | 0.1195 | 0.0592 | get 0.0296% / 4h | 3h 01m | $3.5M | $1.5M | 20x |
Bybit MARSCOINUSDT
MEXC MARSCOIN_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
- −$78.83
- Price spread: +0.109% → +0.004%
- $10.52
- Slippage, 4 orders
- −$94.83
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$178.14
- Costs to cover
- 1.098%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 2 min ago; MEXC: live order book, 6 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, 2 min ago | 2.96 bp | 46.4 bp −$46 | 210.5 bp −$2,105 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 6 min ago | 2.08 bp | 4.5 bp −$5 | 59.6 bp −$596 | 501.7 bp −$50.2K | doesn't fit |
MARSCOIN on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate MARSCOIN_USDT | +0.0100% | 4h | 0.1192 | −0.142% | $2.1M | $2.4M | 20x | as long as short |
| SunX MARSCOIN-USDT | +0.0100% | 4h | 0.1191 | −0.168% | — | $898K | 10x | as long as short |
| HTX MARSCOIN-USDT | +0.0100% | 4h | 0.1191 | −0.159% | $89K | $772K | 20x | as long as short |
| Phemex MARSCOINUSDT | +0.0100% | 4h | 0.1191 | −0.210% | $1.7M | $2.5M | 20x | as long as short |
| MEXC MARSCOIN_USDTshort | +0.0592% | 4h | 0.1195 | +0.109% | $3.5M | $1.5M | 20x | |
| Binance MARSCOINUSDT | +0.0605% | 4h | 0.1193 | 0.000% | $27.9M | $70.1M | 20x | as long as short |
| BingX MARSCOIN-USDT | +0.0646% | 4h | 0.1196 | +0.243% | — | $1.3M | — | as long as short |
| Bitget MARSCOINUSDT | +0.0674% | 4h | 0.1194 | +0.042% | $2.5M | $7.9M | 20x | as long as short |
| BloFin MARSCOIN-USDT | +0.0832% | 4h | 0.1179 | −1.156% | $1.4M | $505K | 20x | as long as short |
| Aster MARSCOINUSDT | +0.0896% | 4h | 0.1195 | +0.149% | $657K | $961K | 10x | as long as short |
Gate MARSCOIN_USDT
SunX MARSCOIN-USDT
HTX MARSCOIN-USDT
Phemex MARSCOINUSDT
Binance MARSCOINUSDT
BingX MARSCOIN-USDT
Bitget MARSCOINUSDT
BloFin MARSCOIN-USDT
Aster MARSCOINUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit MARSCOINUSDTlong | +0.0967% | 4h | 0.1193 | long leg | $8.5M | $15.6M | 20x | |
| KuCoin MARSCOINUSDTM | +0.1330% | 4h | 0.1196 | +0.210% | $1.6M | $2.8M | 20x | as long as short |
KuCoin MARSCOINUSDTM