Funding you earn now, next payment 12:00 UTC+0.0280%/8h= +30.7% APRnext payment +$1.40 per $10,000 · paid last 24h +0.089%
Price spread now: Bybit against MEXC−0.097%7-day average −0.004% · you buy dearer than you sell
Net, funding: paid 7d − costs−$96as in the Funding arb table
Net, price: spread back to 7d avg − costs−$117as in the Price arb table
costs, in and out, $10k−$1081.075% of the position
Funding, last 7 days+0.110%+$11 on $10k
+Price spread, last 7 days+0.006%+$1 · spread now −0.097%, 7d avg −0.004%
=Funding pays, the price is against you. Bybit is 0.093% cheaper against MEXC than usual: you would sell low and buy high (spread −0.097% now, against its 7-day average of −0.004%). If the spread goes back, that is −$9 on $10k: about 27 hours of funding at the current rate (+$8 a day). At the pace of the last 7 days (+0.110% in total) that is about 5.9 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 +$1.40 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 | MEXC MARSCOIN_USDT | 0.1134 | 0.0334 | pay 0.0167% / 4h | 3h 50m | $3.4M | $1.3M | 20x |
| Short | Bybit MARSCOINUSDT | 0.1133 | 0.0614 | get 0.0307% / 4h | 3h 50m | $8.2M | $14.3M | 20x |
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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $58.82
- Price spread: −0.097% → −0.004%
- −$9.32
- Slippage, 4 orders
- −$92.5
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$58
- Costs to cover
- 1.075%
- Break-even
- 13.9 days
Slippage from MEXC: live order book, 1 min ago; Bybit: live order book, 2 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, 1 min ago | 1.77 bp | 3.8 bp −$4 | 42.4 bp −$424 | 464.8 bp −$46.5K | doesn't fit |
| Sell Bybit live order book, 2 min ago | 0.89 bp | 54.8 bp −$55 | 169.6 bp −$1,696 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Phemex MARSCOINUSDT | −0.0766% | 4h | 0.1131 | −0.247% | $1.7M | $2.5M | 20x | as long as short |
| SunX MARSCOIN-USDT | +0.0100% | 4h | 0.1137 | +0.238% | — | $819K | 10x | as long as short |
| HTX MARSCOIN-USDT | +0.0215% | 4h | 0.1141 | +0.635% | $90K | $737K | 20x | as long as short |
| MEXC MARSCOIN_USDTlong | +0.0334% | 4h | 0.1134 | long leg | $3.4M | $1.3M | 20x | |
| Binance MARSCOINUSDT | +0.0349% | 4h | 0.1134 | −0.035% | $25.9M | $62.6M | 20x | as long as short |
| Bitget MARSCOINUSDT | +0.0510% | 4h | 0.1135 | +0.062% | $2.6M | $7.3M | 20x | as long as short |
| Aster MARSCOINUSDT | +0.0550% | 4h | 0.1136 | +0.118% | $633K | $849K | 10x | as long as short |
| Gate MARSCOIN_USDT | +0.0562% | 4h | 0.1132 | −0.194% | $2.0M | $2.2M | 20x | as long as short |
| BloFin MARSCOIN-USDT | +0.0589% | 4h | 0.1133 | −0.132% | $1.2M | $471K | 20x | as long as short |
| Bybit MARSCOINUSDTshort | +0.0614% | 4h | 0.1133 | −0.097% | $8.2M | $14.3M | 20x |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX MARSCOIN-USDT | +0.0970% | 4h | 0.1135 | +0.035% | — | $1.2M | — | as long as short |
| KuCoin MARSCOINUSDTM | +0.1276% | 4h | 0.1134 | +0.026% | $1.6M | $2.6M | 20x | as long as short |
MEXC MARSCOIN_USDT
Bybit MARSCOINUSDT
Phemex MARSCOINUSDT
SunX MARSCOIN-USDT
HTX MARSCOIN-USDT
Binance MARSCOINUSDT
Bitget MARSCOINUSDT
Aster MARSCOINUSDT
Gate MARSCOIN_USDT
BloFin MARSCOIN-USDT
BingX MARSCOIN-USDT
KuCoin MARSCOINUSDTM