MARSCOIN

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC−0.0666%/8h= −72.9% APRnext payment −$3.33 per $10,000 · paid last 24h −0.114%

Price spread now: Phemex against Bybit−1.059%7-day average −0.008% · you buy dearer than you sell

Net, funding: paid 7d − costs−$199as in the Funding arb table

Net, price: spread back to 7d avg − costs−$289as in the Price arb table

costs, in and out, $10k−$1841.841% of the position

Long on Bybit Short on Phemex

What this pair did over the last

the charts below follow

Funding, last 7 days−0.144%−$14 on $10k

Price spread, last 4 days (all we have)+3.089%+$309 · spread now −1.059%, 7d avg −0.008%

Together, before fees+2.945%+$295 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$20 a day on $10k at the current rate, and Phemex is 1.051% cheaper against Bybit than usual: you would sell low and buy high (−$105 if the spread goes back to its 7-day average of −0.008%). Swap the legs.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.144% in total (about -7.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.33 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	0.1162	0.0766	pay 0.0383% / 4h	3h 45m	$8.3M	$14.4M	20x
Short	Phemex MARSCOINUSDT	0.1149	0.0100	get 0.0050% / 4h	3h 45m	$1.7M	$2.5M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Phemex against Bybit. 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 BybitbpFee PhemexbpOrdersPrice spread, now −1.059%Rate

Funding earned: −$139.87
Price spread: −1.059% → −0.008%: −$105.08
Slippage, 4 orders: −$161.15
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Phemex: 6 bp × 2 orders: −$12
Net: −$429.09
Costs to cover: 1.841%
Break-even: never at this rate

Slippage from Bybit: live order book, 3 min ago; Phemex: 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	0.44 bp	43.6 bp −$44	155.8 bp −$1,558	doesn't fit	doesn't fit
Sell Phemex live order book, 3 min ago	4.80 bp	52.2 bp −$52	doesn't fit	doesn't fit	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
SunX MARSCOIN-USDT	+0.0100%	4h	0.1153	−0.783%	—	$823K	10x	as long as short
HTX MARSCOIN-USDT	+0.0100%	4h	0.1156	−0.473%	$91K	$740K	20x	as long as short
Phemex MARSCOINUSDTshort	+0.0100%	4h	0.1149	−1.059%	$1.7M	$2.5M	20x
MEXC MARSCOIN_USDT	+0.0406%	4h	0.1161	−0.026%	$3.5M	$1.3M	20x	as long as short
Binance MARSCOINUSDT	+0.0418%	4h	0.1163	+0.101%	$26.7M	$63.3M	20x	as long as short
Bitget MARSCOINUSDT	+0.0570%	4h	0.1163	+0.077%	$2.7M	$7.3M	20x	as long as short
Aster MARSCOINUSDT	+0.0619%	4h	0.1162	−0.003%	$649K	$869K	10x	as long as short
BloFin MARSCOIN-USDT	+0.0630%	4h	0.1142	−1.679%	$1.3M	$475K	20x	as long as short
Bybit MARSCOINUSDTlong	+0.0766%	4h	0.1162	long leg	$8.3M	$14.4M	20x
BingX MARSCOIN-USDT	+0.0968%	4h	0.1157	−0.387%	—	$1.2M	—	as long as short

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin MARSCOINUSDTM	+0.1332%	4h	0.1162	+0.017%	$1.6M	$2.6M	20x	as long as short
Gate MARSCOIN_USDT	+0.1424%	4h	0.1158	−0.267%	$2.1M	$2.2M	20x	as long as short