Funding you earn now, next payment 04:00 UTC+0.0468%/8h= +51.2% APRnext payment +$2.34 per $10,000 · paid last 24h +0.194%
Price spread now: MEXC against Bybit−0.122%7-day average +0.148% · you buy dearer than you sell
Net, funding: paid 7d − costs−$184as in the Funding arb table
Net, price: spread back to 7d avg − costs−$242as in the Price arb table
costs, in and out, $10k−$2152.150% of the position
Funding, last 7 days+0.306%+$31 on $10k
+Price spread, last 4 days (all we have)+0.373%+$37 · spread now −0.122%, 7d avg +0.148%
=Funding pays, the price is against you. MEXC is 0.271% cheaper against Bybit than usual: you would sell low and buy high (spread −0.122% now, against its 7-day average of +0.148%). If the spread goes back, that is −$27 on $10k: about 46 hours of funding at the current rate (+$14 a day). At the pace of the last 7 days (+0.306% in total) that is about 6.2 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.306% in total (about 16.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.34 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 MAVIAUSDT | 0.03273 | 0.0100 | pay 0.0050% / 4h | 24m 55s | $1.3M | $319K | 25x |
| Short | MEXC MAVIA_USDT | 0.03269 | 0.0568 | get 0.0284% / 4h | 24m 55s | $216K | $108K | 100x |
Bybit MAVIAUSDT
MEXC MAVIA_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
- $98.28
- Price spread: −0.122% → +0.148%
- −$27.07
- Slippage, 4 orders
- −$199.98
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$143.77
- Costs to cover
- 2.150%
- Break-even
- 17.2 days
Slippage from Bybit: live order book, 1 min ago; MEXC: live order book, 14 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, 1 min ago | 10.69 bp | 77.1 bp −$77 | 2831.7 bp −$28.3K | doesn't fit | doesn't fit |
| Sell MEXC live order book, 14 min ago | 4.59 bp | 44.1 bp −$44 | 76.4 bp −$764 | 107.7 bp −$10.8K | 321.6 bp −$160.8K |
MAVIA on 7 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit MAVIAUSDTlong | +0.0100% | 4h | 0.03273 | long leg | $1.3M | $319K | 25x | |
| Gate MAVIA_USDT | +0.0100% | 4h | 0.03275 | +0.061% | $128K | $66K | 25x | as long as short |
| KuCoin MAVIAUSDTM | +0.0100% | 4h | 0.03269 | −0.122% | $162K | $40K | 10x | as long as short |
| Variational Omni MAVIA | +0.0100% | 4h | 0.03271 | −0.064% | $3K | $22 | — | as long as short |
| BingX MAVIA-USDT | +0.0556% | 4h | 0.03270 | −0.092% | — | $1.2M | — | as long as short |
| Binance MAVIAUSDT | +0.0563% | 4h | 0.03269 | −0.134% | $1.6M | $970K | 10x | as long as short |
| MEXC MAVIA_USDTshort | +0.0568% | 4h | 0.03269 | −0.122% | $216K | $108K | 100x |
Gate MAVIA_USDT
KuCoin MAVIAUSDTM
Variational Omni MAVIA
BingX MAVIA-USDT
Binance MAVIAUSDT