Funding you earn now, next payment 04:00 UTC+0.0138%/8h= +15.1% APRnext payment +$0.69 per $10,000 · paid last 24h +0.106%
Price spread now: Bybit against Phemex+0.174%7-day average 0.000% · you sell dearer than you buy
Net, funding: paid 7d − costs−$143as in the Funding arb table
Net, price: spread back to 7d avg − costs−$138as in the Price arb table
costs, in and out, $10k−$1561.558% of the position
Funding, last 7 days+0.129%+$13 on $10k
+Price spread, last 3 days (all we have)−0.564%−$56 · spread now +0.174%, 7d avg 0.000%
=Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Bybit is 0.174% dearer against Phemex than usual: you sell high and buy low: +$17 more if the spread goes back to its 7-day average of 0.000%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex MARSCOINUSDT | 0.1037 | 0.0100 | pay 0.0050% / 4h | 3h 10m | $1.5M | $2.6M | 20x |
| Short | Bybit MARSCOINUSDT | 0.1038 | 0.0238 | get 0.0119% / 4h | 3h 10m | $7.2M | $14.6M | 20x |
Phemex MARSCOINUSDT
Bybit MARSCOINUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Phemex. 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
- $28.88
- Price spread: +0.174% → 0.000%
- $17.35
- Slippage, 4 orders
- −$132.78
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$109.55
- Costs to cover
- 1.558%
- Break-even
- 33.5 days
Slippage from Phemex: live order book, 3 min ago; Bybit: 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 Phemex live order book, 3 min ago | 6.31 bp | 42.2 bp −$42 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 3 min ago | 2.91 bp | 42.8 bp −$43 | 151.1 bp −$1,511 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance MARSCOINUSDT | +0.0100% | 4h | 0.1039 | +0.193% | $23.0M | $61.1M | 20x | as long as short |
| MEXC MARSCOIN_USDT | +0.0100% | 4h | 0.1037 | +0.058% | $3.2M | $1.2M | 20x | as long as short |
| SunX MARSCOIN-USDT | +0.0100% | 4h | 0.1038 | +0.174% | — | $781K | 10x | as long as short |
| HTX MARSCOIN-USDT | +0.0100% | 4h | 0.1042 | +0.492% | $103K | $717K | 20x | as long as short |
| Phemex MARSCOINUSDTlong | +0.0100% | 4h | 0.1037 | long leg | $1.5M | $2.6M | 20x | |
| Bybit MARSCOINUSDTshort | +0.0238% | 4h | 0.1038 | +0.174% | $7.2M | $14.6M | 20x | |
| Aster MARSCOINUSDT | +0.0290% | 4h | 0.1038 | +0.164% | $617K | $934K | 10x | as long as short |
| BingX MARSCOIN-USDT | +0.0322% | 4h | 0.1038 | +0.174% | — | $1.2M | — | as long as short |
| Gate MARSCOIN_USDT | +0.0330% | 4h | 0.1039 | +0.203% | $1.7M | $2.3M | 20x | as long as short |
| BloFin MARSCOIN-USDT | +0.0340% | 4h | 0.1038 | +0.125% | $1.1M | $399K | 20x | as long as short |
Binance MARSCOINUSDT
MEXC MARSCOIN_USDT
SunX MARSCOIN-USDT
HTX MARSCOIN-USDT
Aster MARSCOINUSDT
BingX MARSCOIN-USDT
Gate MARSCOIN_USDT
BloFin MARSCOIN-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget MARSCOINUSDT | +0.0342% | 4h | 0.1039 | +0.203% | $2.4M | $7.0M | 20x | as long as short |
| KuCoin MARSCOINUSDTM | +0.0426% | 4h | 0.1041 | +0.405% | $1.3M | $2.5M | 20x | as long as short |
Bitget MARSCOINUSDT
KuCoin MARSCOINUSDTM